Transform insurance strategy at Rokstone! We are searching for top talent to join our expanding team in three exciting new roles. Senior Pricing Actuary Shape the future of pricing strategies alongside our CUOs, developing a suite of validated pricing models and conducting in-depth risk analysis to drive informed decisions. Senior Reserving Actuary Partner with underwriting and claims teams to deliver impactful quarterly analysis as your insights empower strategic decisions and enhance product understanding. Commercial and Consumer Claims Manager Lead a team of in-house technical experts to develop a Claims strategy in line with the objectives and business plans of the UK Commercial and Consumer business units. If you are driven by innovation and ready to make a real impact, this could be your chance to redefine insurance excellence. Learn more about these roles and apply today on our vacancies page, linked below. https://lnkd.in/eqgA7eNt #Rokstone #WeAreHiring #InsuranceJobs
Rokstone Underwriting’s Post
More Relevant Posts
-
A busy week in the team with seven new roles brought to us by a variety of insurance businesses. Pricing remains a busy area of the market. If we look at the mix of roles that the London Market team worked on last year, just under 50% were pricing / portfolio management focussed. This trend has continued into 2024. Pricing has long been a popular option for Actuaries looking to get closer to the business, and with the increase in number of these roles being recruited (often brand new expansion hires), firms are more and more willing to consider people with a non-pricing background. I would be happy to discuss the current pricing roles we are working on (traditional case pricing in house, broker (re)insurance pricing, technology focussed pricing, plus others) with people who have worked within pricing, and those who have not. Perhaps you work within consultancy and would be more interested in a change from reserving / SAO type work, but were not sure about your options. Or maybe you are interested in understanding more about where the market is going from a data science pricing angle. Wherever you are in a potential job search (from very early stages, to ready to go with a CV and clear idea of the next role), the team and I are always happy to schedule a conversation. Here’s to a relaxing weekend 😊
To view or add a comment, sign in
-
Chartered Insurer. Lawyer. Risk and Insurance Management Fellow. Specialist Boards. NED. Chartered Underwriting Agent. Founder.
The #art and #science of #underwriting needs a renaissance within our domestic market. Underwriting is not the processing of crammed policy contracts T&Cs or the blind rush to meet SLAs TATs, it is the #wisdom of #collaboration with multiple professionals and stakeholders on #risks that must be carefully assessed and managed for monetary retentions and/or balanced transfers for #financialprotection. T&Cs are programmable and can be handled operationally leaving space for creative thinking and innovation in #riskfinancing of individuals and organizations, which is fundamentally the purpose of an #underwriter of the kind that Mutual Specialists seeks.
Often within our domestic #insurance industry, we find an erosion of what it means to be an #underwriter. The practice of analyzing, assessing and managing #risks in combination with specialists professionals within the “cradle to grave” of #individual #products and the below the ground to outer space of #industrial and #commercial products that #insurers offer appear to have been yielded to brand marketing for “top of mind” recognitions. So, empirical evidence has shown that “underwriter” are likely to describe their jobs from an operational standpoint (ie perfunctory knowledge of products T&Cs and SLA TAT de rigueur on issuance of documents). The beauty of the intricacies of pricing and the adrenaline rush of setting of risk conditions based on precedents of wordings after engagement with actuaries or engineers or lawyers or geologists or geographers or accountants or medical professionals (researchers, GPs, consultants, radiologists, therapists) or farmers or mechanics or machinists or technologists or HV drivers or oceanographers or meteorologists or linguists or artists or photographers etc appear to have been significantly relegated to the extent of being considered ‘lost’. There are embers of it that still shine in pockets of companies but much of the interesting responsibilities of #underwriters, i.e., those who practice the blend of the art and the science (read logic) of financial concepts of risk management (for capital retentions and/or transfers) seem to have been abdicated to #actuaries. It is important to get our local #underwriters back to the point where they understand their roles and responsibilities as collaborative ones and get comfortable with talking about risks from financial perspectives (balance sheet/capital management - whether corporate or individual) than from crammed T&CS of products push approach in marketing and sales. Insurance should not be a harder sell than it is. It should respond first and always to #financial #protection #needs. We would like those applying for our open position as “composite underwriting specialists” to bear in mind that we are looking for those who understand #riskfinancing from individual and/or corporate finance perspectives. We are looking for those who understand that insurance policy contracts must be crafted to respond to the ever interesting and evolutionary world of risks. Our aim is not to sell insurance policies. It is to help people understand their risks, mitigate it, decide on the risks that they can retain and sell what they cannot retain to us by buying contracts of protection of their financial interests (whether that be on assets, in potential liabilities from their daily lives or potential accidents of human interactions). T&Cs of policy contract wordings are programmable and will be handled operationally. What we require are those who #think #insurance and passionately present it as the #bestfinancialoption for risks. No other #financialprotection can compete.
To view or add a comment, sign in
-
Senior Manager & Head of Travel insurance Sales/Strategic planning/ Marketing & Sales Strategy/ B2B/ B2C/Corporate sales/Digital Marketing/Team management/Business Development at IGI General insurance Ltd
Actuary Specialist Role! An actuary specialist in an insurance company is a professional who uses mathematical and statistical techniques to analyze and manage risks. Their primary role is to: 1. Assess risk: Evaluate the likelihood and potential cost of future events, such as natural disasters, accidents, or economic trends. 2. Determine policy premiums: Calculate insurance policy premiums based on risk assessments, ensuring they are fair and profitable for the company. 3. Develop pricing strategies: Create pricing strategies to balance business needs with customer affordability. 4. Analyze data: Interpret data on claims, policyholders, and market trends to identify patterns and potential areas for improvement. 5. Manage reserves: Ensure adequate funds are set aside to cover future claims and expenses. 6. Collaborate with cross-functional teams: Work with underwriters, claims adjusters, and other departments to ensure aligned decision-making. 7. Stay up-to-date with industry developments: Monitor changes in regulations, laws, and industry best practices to ensure the company remains competitive and compliant. Actuaries are essential to the insurance industry, as their expertise helps companies make informed decisions about risk management, pricing, and investments. #actuary #insurance #generalinsurance #lifeinsurance #mathematical #statistical #risks #riskmanagemnet #insuranceindustry #corporates #entrepreneurs #business
To view or add a comment, sign in
-
Across financial services, job scope and pay levels have risen for the most senior back-office roles. Large insurance and financial services companies are prioritizing world-class talent in functions such as legal, finance, operations, and technology. Our Chris Connors is interviewed by Cheryl Winokur Munk for P&C Specialist about why Chief Underwriting Officers are underrepresented from the list of Named Executive Officers at large commercial insurance carriers. "As businesses have become more diversified and global, some of the non-revenue-generating roles at insurers and other large financial services companies have gotten significantly larger and you're seeing this manifest in proxies," said Chris Connors, a principal at compensation consulting firm Johnson Associates. These roles often include chief legal officer, chief technology officer, chief operating officer and even chief asset management officer at some companies, he said. https://lnkd.in/enq74Q7R #compensation #executivepay #underwriting #insurance #totalrewards #humanresources #finance
To view or add a comment, sign in
-
Is attracting and retaining talent THE biggest challenge facing our industry in 2024? Mark Lomas, Chartered FCIPD, Head of Culture Lloyd's believes it is: "The insurance industry is still not one that young people aspire to career-wise—so the industry has a responsibility to change the narrative and tell compelling stories that will change perceptions and future-proof the industry." There is still work to be done in communicating the wide range of career opportunities available to young people entering the market. As technology evolves, the industry becomes more innovative. Innovation can create more job opportunities and we see this happening. Technological evolution has created far more roles in data science, integration, APIs, and connecting systems. The industry is calling for underwriters who are tech-savvy and want to work with technology, something the market didn't need 20 years ago. According to Mark “We must explore inventive approaches to bring individuals into underwriting.” Read the full article here: https://lnkd.in/eD3tGcG3 #Recruitment #Talent #Technology
Future-proof talent by selling insurance careers
intelligentinsurer.com
To view or add a comment, sign in
-
Are you looking to fill your insurance roles? OR Are you a seasoned ✅Underwriter ✅Broker ✅Risk Manager, Actuary, or Claims Manager looking for your next challenge? I specialise in placing top talent across the entire insurance spectrum. From technical experts to client-facing superstars!✨ Let's connect and discuss your career needs. #insurance #recruitment #hiring #insurancejobs #talentacquisition
To view or add a comment, sign in
-
-
Being a claims adjuster is demanding... They juggle heavy workloads, tight deadlines, and complex claims, all while navigating emotional situations and constantly changing regulations. So what can they do overcome some of those daily struggles? Taming the Time Crunch: ◾ Prioritize ruthlessly: Not all claims are created equal. Identify high-value or complex cases that need immediate attention and tackle those first. ◾ Embrace technology: Utilize claims management software to streamline tasks and free up time for analysis and customer interaction. ◾ Set boundaries: While flexibility is key, communicate clear working hours to avoid burnout. Managing the Emotional Rollercoaster: ◾ Empathy is key: Put yourself in the policyholder's shoes. Acknowledge their situation and approach them with compassion. ◾ Build resilience: Develop healthy coping mechanisms like exercise, meditation, or spending time with loved ones. ◾ Seek support: Don't be afraid to confide in colleagues or a therapist about the emotional weight of the job. Conquering Complexities: ◾ Stay updated: Continuously educate yourself on regulatory changes, new technologies, and best practices. ◾ Network with peers: Connect with other adjusters to share knowledge, swap resources, and learn from each other's experiences. ◾ Seek mentorship: Find a seasoned adjuster who can guide you through intricate claims and provide valuable insights. By implementing these strategies, you can navigate the challenges claims professionals face with confidence and professionalism. What tactics have you found that work the best for you? #claimsadjuster #insurance #insuranceindustry #claimsmanagement
To view or add a comment, sign in
-
Adjuster Regrets Promotion to Claims Manager, Laments Corporate Challenges: A newly promoted claims manager vents frustrations with the role, sparking advice and shared experiences on navigating corporate challenges. #Education #Training #Property #WorkersCompensation
Adjuster Regrets Promotion to Claims Manager, Laments Corporate Challenges
claimspages.com
To view or add a comment, sign in
-
Exam Results Are In! 📝 Congratulations to everyone who received their exam results this morning and passed! Your dedication and hard work have paid off 🎉 For those of you who are now ready to embark on the next chapter of your career journey, let's connect and explore the opportunities on the insurance desk 🤝 #examresults #insurancecareers #insurancejobs #newopportunities #hiring #insuranceindustry
To view or add a comment, sign in