The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
We are seeking a motivated and enthusiastic individual for a placement across our Actuarial teams. This is an excellent opportunity for someone looking to develop their actuarial skills and gain hands-on experience in a fast-paced, professional environment. During the placement, you will support one or more actuarial functions including pricing, capital modeling, and portfolio management.
This role will use actuarial, statistical and data analytical techniques to help build and maintain the models within these teams. The analyst will work closely with pricing actuaries, modelers, and underwriters and report to an Actuarial Manager.
Key accountabilities
Provide modelling support to the Actuaries and underwriters across a broad range of insurance and reinsurance
Work with the Actuaries to develop and implement modelling solutions.
Assist in monitoring of aggregations of risk and contribute to risk
Contribute to ongoing enhancement of pricing, capital modelling or portfolio management
Communicate conclusions effectively to underwriters and
Assist with Data cleansing and analysis as an input for the models
Continuously improve analysis to ensure that model output for management Information is produced efficiently and accurately
Skills & experience
Strong intellectual and mathematical acumen, demonstrated by excellent academic results
High attention to detail with the ability to multi-task and prioritise own work against needs of business
Strong critical thinking and ability to interrogate data successfully and provide challenge when required
Ability to work effectively both independently and within teams
Ability to deliver high quality work within tight deadlines
Strong Excel skills and interest in enhanced data techniques/software such as Power Query and Python – Beneficial but not compulsory
Ability to develop and maintain SQL procedures - Beneficial but not compulsory
Other
The Fidelis Partnership Ethos
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity, Equity & Inclusion
Diversity & Inclusion in the workplace
Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
We aim to maintain a focus on equal opportunities across all stages of hiring process
We measure and minimise the pay gap where possible.
