Actuarial and Reinsurance Analysts

Howden Cyprus Insurance & Reinsurance Brokers Ltd, part of Howden Broking Group, is seeking to hire Actuarial and Reinsurance Analysts.

The successful candidates will be high-caliber, creative and well-rounded self-starters who have both the qualitative and quantitative aptitude to excel in a challenging and highly competitive environment while working with other actuaries and broking professionals to deliver actuarial, insurance, reinsurance and financial modeling services to our clients, exposing them to consulting work and all aspects of actuarial work, such as reserving, pricing, reinsurance, risk management, capital modelling and Solvency II.

Key responsibilities:

  • Working with DFA stochastic software to model both traditional and alternative forms of reinsurance and their impact on solvency, risk and profitability
  • Working with DFA stochastic software and other tools to price and evaluate reinsurance structures from an actuarial perspective
  • Performing risk transfer analysis for regulatory purposes
  • Developing and utilizing ad-hoc complex models in excel and other software for various analyses
  • Developing and producing Business Intelligence and Management Information Reports
  • Performing market studies for various countries
  • Producing various Reports and Presentations to summarize findings to non-technical and technicalaudiences
  • Modelling the actual performance of complex reinsurance treaties and producing the quarterly andannual reports and accounts
  • Analyzing complex reinsurance contracts and explaining them to clients
  • Collaborating with the Howden international offices on various projects
  • Client responsibilities for specific reinsurance treaties, for modelling the performance, producing thequarterly accounts/reports, system reporting and communicating with the clients and reinsurers internationally

Key competencies/skills:

  • Advanced mathematical and financial aptitude
  • Superior analytical, research and problem-solving skills
  • Ability to multi-task and work effectively in a fast-paced team environment
  • Ability to work on projects for various companies and countries

Key qualifications:

  • University Degree with a significant mathematical focus (Actuarial Science, Mathematics, etc) with a minimum of 2.1 with a strong preference for 1st class
  • Excellent oral and written communications skills both in English and Greek
  • Excellent skills in Excel
  • Programming skills will be highly considered
  • Knowledge of data analysis and database software (SQL, Access, R, etc) will be highly considered
  • Knowledge of advanced PowerPoint skills will be considered an advantage
  • Knowledge of insurance, reinsurance and Solvency II will be considered an advantage
  • Roles are available for both entry level candidates as well as candidates with up to 3 years of relevantexperience

Position: permanent contract – on site.

Location: Nicosia, Cyprus

Our firm offers a competitive remuneration package according to proven experience and skills, Life & Health Insurance scheme, learning & development opportunities and continuous support on career growth.

Interested applicants should forward their Curriculum Vitae to hr@howden-brokers.com by quoting Cy/Actuarial-Jan 24.

All applications will be considered in strict confidence; however, only relevant profiles will be considered in the recruitment process.

About Howden

Howden Greece & Cyprus is the largest insurance & reinsurance broker in Greece and Cyprus, with 20 years of establishment and more than 190 executives, 2500 large corporate clients, five offices in Athens, Thessaloniki, Ioannina, Heraklion (Crete) and Nicosia, and part of the Howden Broking Group.

Howden was founded in London, UK in 1994, and is now the largest independent insurance broker headquartered outside the USA

Today, the business has a global footprint of more than 15,000 employees in 50 countries spanning Europe, the Middle East and Africa, Asia Pacific and the Americas, and we handle more than $35bn in written premiums for clients.

Our founding commitment to independence gives our people the freedom to deliver for clients.

You get all the benefits of working with a large global broker, combined with the speedy innovation and local know-how of a small independent.

We put People First: we value and look after our employees. We like to see people thrive. For more information visit: https://www.howdengroup.com/gr-en