Actuarial Analyst [M&A]

Compre Group; City of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading global specialty reinsurance company in London seeks an Actuarial Analyst (M&A) for a hybrid role. You'll perform M&A due diligence appraisals, draft valuable papers, and manage transactions within a collaborative team. The ideal candidate has strong non-life reserving experience, excellent IT skills, and a commitment to teamwork.

Benefits

Competitive salary & annual bonus

Health & wellbeing subsidy (£20 per month)

Generous pension

Private healthcare

Life assurance

Income protection

25 days annual leave

Cycle to work scheme

Season ticket loan

Electric vehicle scheme

Employee Assistance Programme

Learning/study support

Hybrid working

Employee socials and recognition programme

Qualifications

• Part-qualified actuary with relevant experience in non-life insurance/reinsurance sectors.
• Prior reserving experience is essential; capital experience is an advantage.
• Experience in transaction due diligence and/or risk-based pricing is advantageous.

Responsibilities

• Conduct M&A due diligence appraisals for new acquisitions.
• Draft actuarial due diligence papers based on work performed.
• Support management of transactions and interact with M&A and Claims teams.

Skills

Part-qualified actuary

Non-life reserving experience

Excellent IT skills, high proficiency in Excel

Ability to build strong relationships

Strong attention to detail

Diligent, self-driven, and organised

Team player

Education

2-3 years’ experience in non-life insurance/reinsurance

Job description

Actuarial Analyst [M&A]

Department: Actuarial

Employment Type: Permanent - Full Time

Location: UK (London)

Description

Actuarial Analyst (M&A) – [hybrid, 2 days minimum in office]
London
Permanent
We are Compre, a leading legacy specialist with over 30 years of experience in the acquisition and management of discontinued and legacy non-life insurance and reinsurance business.
In this unique opportunity, you will join a small team and be at the forefront of our new deals in North American, European and the London Lloyd’s markets, contributing strongly to our due diligence process from an actuarial perspective.

Responsibilities

• M&A due diligence appraisals for new acquisitions – reserving, capital, pricing and structuring support.
• Drafting of Actuarial due diligence papers in relation to the work performed, including the reserving, capital and valuation metrics.
• Support the day-to-day management of transactions including interactions the wider M&A and Claims team.
• Take an active role within the actuarial communication and meetings with vendors.
• Support the overall transition of successful deals to the Reserving & Reporting Actuarial team and wider business.

Candidate requirements

• Part-qualified actuary with 2-3 years’ experience in the non-life insurance/reinsurance sectors
• Strong non-life reserving experience, including various liability lines of business.
• Able to build strong relationships and work effectively with a number of different teams across the Group, as well as external advisors.
• Able to take ownership of multiple work streams and deals simultaneously.
• Prior reserving experience is essential, capital experience would be an advantage.
• Experience within transaction due diligence and/or risk-based pricing experience would be an advantage.
• Excellent IT skills including a high proficiency in Excel.
• Personable and strong team player.
• Strong attention to detail.
• Diligent, self-driven and organised, with excellent time management skills.
• Fitting in with our culture and values. We are collaborative, progressive, authentic, empowered and value each other.

Benefits

Compre is a global specialty reinsurance company that offers capital and liability solutions to its clients, providing them with the certainty they need on their portfolios. We are known for being trusted partners to the market and for having a team of experts who collaborate and maintain discipline in underwriting, ensuring a differentiated client experience.

As an ambitious business, we are focused on building depth, breadth, and diversity in the talent across our business to be future-ready. Our clients' needs evolve as the market changes, which is why we continuously invest in areas such as data and technology. This way, we can serve current and future clients' needs with scalable and new technology, delivered by our growing agile Data and Technology team.

• Our values are what make us stand out. We value each other, empower and hold ourselves accountable, are authentic, collaborative and inclusive, and continuously strive for progress and innovation.

Why join us?

At Compre, we offer a range of benefits and team engagement events and provide a supportive environment for learning and growth. We are intent upon building a great business, and over the last few years, we have expanded our markets across Europe, Lloyd's, and North America. Our team is based in Bermuda, Finland, Germany, Malta, UK and the US.

To keep our globally dispersed team connected, we have various employee resource groups, including Wellbeing, DEI, COMMS and Engagement.

We invest in our people and offer learning and development opportunities for leaders and employees to build confidence and grow their skill sets. We value teamwork, authenticity, and innovation, and provide a space for these behaviours to bloom at Compre.

Make an impact in a collaborative environment with some of the best talent in the industry, while enjoying:

• competitive salary & annual bonus
• health & wellbeing subsidy (£20 per month) (from Day 1)
• a generous pension (eligible after probationary period)
• private healthcare from BUPA and a Healthcare Cash Plan from Medicash (from Day 1)
• life assurance (from Day 1)
• income protection (from Day 1)
• 25 days annual leave (from Day 1)
• cycle to work scheme (from Day 1)
• season ticket loan (interest free) (eligible after probationary period)
• electric vehicle scheme (eligible after probationary period)
• EAP (Employee Assistance Programme) (from Day 1)
• learning/study support and reimbursement for professional memberships
• hybrid working
• employee socials and recognition programme