Permanent
Ref No: 1657619
Qualification: Qualified
We are looking for a commercially minded Senior Portfolio Management Actuary to build and own the portfolio management capability across a diverse and growing range of P&C lines of business, across our Group MGA's, in several European jurisdictions. This is a hands-on, and impactful role that sits at the intersection of actuarial, underwriting, and carrier management. The right person will thrive in a fast-paced environment, be energised by building things from scratch, and able to work well with a wide range of stakeholders.
Core Responsibilities
Acumen Resources specialises in the recruitment of the following professionals: Chief Actuary | Head of Actuarial Function | Actuarial Director | Actuarial Function Holder | CRO | CFO | Actuarial Manager | Valuations Actuary | Product Development Actuary | Pricing & Reserving Actuary | Solvency II Actuary | Life Insurance Actuary | General Insurance Actuary | Non Life Actuary | Pensions Actuary | Investment Actuary | Capital Modelling Actuary | Capital Management Actuary | Risk Management Actuary | Enterprise Risk Management Actuary | Newly & Nearly Qualified Actuary| Part Qualified Actuary | Trainee Actuary| Actuarial Trainee | Student Actuary | Actuarial Graduate
Core Responsibilities
- Design and build portfolio monitoring KPIs and frameworks across a diverse range of lines of business, embedding them into how the MGA runs
- Conduct exposure and mix analyses to understand portfolio movements and their drivers
- Perform claim frequency and severity analyses, and develop the pricing view of ultimate loss ratio
- Assist with the build and digitisation of rating tools, working alongside underwriting and technology teams
- Engage directly with carrier partners on all performance management topics, acting as a credible, trusted counterpart on portfolio performance
- Support business planning, including the modelling of profit commissions and their sensitivity to performance outcomes
- Partner with underwriting teams to refine risk appetite, translating analytical insight into practical underwriting action
- Contribute to the development of MI, data pipelines, and reporting infrastructure as the business scales
- Lead the build of technical price and customer propensity modelling for certain segments of the portfolio
- Support the assessment and due diligence of inorganic (M&A and investment hiring) opportunities as the MGA grows
- Highly commercially aware
- Strong relationship-builder, both cross-functionally (underwriting, finance, technology & operations) and externally
- Strong attention to detail
- Showing enthusiasm, a positive attitude, and resilient
- Self-starting, pragmatic and outcome-oriented
- Qualified actuary (FIA or equivalent), with relevant experience in a P&C environment
- Strong understanding of portfolio management frameworks and how they drive underwriting performance
- Hands-on experience building and maintaining P&C performance management processes, with a focus on commercial and specialty lines
- Experience across multiple European insurance markets is a plus
- Experience with Python/SQL/R programming as well as WTW software (EMBLEM / Radar / ResQ etc.) is an advantage
Acumen Resources specialises in the recruitment of the following professionals: Chief Actuary | Head of Actuarial Function | Actuarial Director | Actuarial Function Holder | CRO | CFO | Actuarial Manager | Valuations Actuary | Product Development Actuary | Pricing & Reserving Actuary | Solvency II Actuary | Life Insurance Actuary | General Insurance Actuary | Non Life Actuary | Pensions Actuary | Investment Actuary | Capital Modelling Actuary | Capital Management Actuary | Risk Management Actuary | Enterprise Risk Management Actuary | Newly & Nearly Qualified Actuary| Part Qualified Actuary | Trainee Actuary| Actuarial Trainee | Student Actuary | Actuarial Graduate
Tagged as: General Insurance