Actuarial & Risk Analytics Analyst

Got the drive to shape the future of insurance?

At Prima, you could take on a whole new challenge. As part of our global community, you’d be in the driving seat of your career; learning and growing with a top-tier team around you. Prima is a place where no matter who you are or what your role is — your voice is valued.

Back in 2015, we embarked on a mission: to provide great value car insurance that is designed for everyone. And we’ve come a long way; we’ve created a culture where we can fuel each other’s success. But we need your expertise, as we steer things in a new and exciting direction.

You’re probably thinking… ‘That sounds pretty good’. We agree.

As well as great colleagues and engaging projects, there are loads of ways we can help you do the best work of your life. We’ve shaped our offering to place a focus on wellbeing, autonomy and development. We see benefits as the fuel that will empower you to succeed, if you decide to embark on this journey with us.

️ Working in a way that works for you

We believe in work-life balance and flexibility. Whether you like working from the office, home or a mixture of both. We’ll help you find a balance that works best for you. We even have a policy that means you can work from any location for 30 days a year. We trust you to steer us forward.

The freedom to explore the possibilities

We may move fast at Prima, but we move together. We’re invested in your growth; so we’ll give you access to a teaching and learning marketplace. And you’ll have regular sessions with your manager to establish a personal growth plan.

Our winning formula: happy and high-performing

From private medical insurance to discounted gym memberships and wellbeing initiatives: we’re here to support you. We know how important your health and well-being is, so we’ll go the extra mile to help you when we can.

If it sounds like we’ve got something that’s up your street, let’s see if you’ve got the skills we’re looking for!

We are looking for a data-driven and strategic-thinker Actuarial & Risk Analytics Analyst who will report to the Actuarial & Risk Analytics Manager and will work closely with the Finance team in Italy, Spain and UK. Our desired candidate will have a strong background in actuarial science and quantitative risk management, ideally with some experience in reserving or reinsurance and a strong interest in working in a high-growth, innovative environment. We are looking for a Specialist with an analytical and data-driven approach.

As an Actuarial & Risk Analytics Analyst, your responsibilities will include:

1. Analysing and modelling insurance risks to support pricing, reserving, and capital management decisions.
2. Developing and maintaining actuarial models, with a focus on technical performance monitoring and prediction, using both traditional statistical techniques as well as innovative machine learning models.
3. Preparing reports and information flows for top management, Board of Directors and Risk Committee.
4. Contributing to the development and implementation technical KPI (e.g. LR%, ULR%).
5. Collaborating with other teams, such as pricing & underwriting and claims, to ensure data consistency and reflect the latest changes (e.g. release of new tariffs, change in claims management, etc.) in our models.

Requirements:

1. Outstanding academic background in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
2. 1-2 years of experience in the insurance industry in a similar role, preferably in the non-life sector.
3. A passion for programming languages, preferably R or Python.
4. Content-driven, analytical mindset, with ability to get deep in the details as well as grasping the bigger picture and the business dynamics quickly.
5. Strong problem-solving and modelling skills.
6. Fluent in English.
7. Actuarial qualification not required but considered to be a plus (e.g. ONA, FIA).
8. Strong knowledge of the insurance regulations at both local and EU level.
9. Ability to reach the goals, with an “ownership” mentality.