Cyber Actuary

Job description

From day one, our mission has been to create an independent business with a unique culture - one that is controlled by the people who work for it. Finding the most talented and entrepreneurial people has always been key to our success.

People come to Howden for lots of different reasons, but they stay for the same one: our culture. That's what sets us apart, and why we nurture and retain the best talent in the market. Whatever your priorities - work/life balance, career progression, sustainability, volunteering - you'll find like-minded people driving change at Howden.

About Us:

At Howden Tiger, we combine global distribution network and data-driven reinsurance expertise with industry leading Treaty reinsurance, capital markets, capital advisory, technology, and analytics offerings. This unique combination positions us as the premier reinsurance broker and advisor globally.

Within our reinsurance business, our growing Cyber team plays a pivotal role in addressing the evolving challenges of the digital age, ensuring our clients are well-equipped to navigate the complexities of cyber risks.

Across Howden Tiger, we operate as one global team across various disciplines:

• We boast a workforce of over 500 employees spanning more than 30 office locations.
• Our focus is on enhancing client performance rather than solely chasing quarterly results.
• We attract and nurture top industry talent, serving as the destination of choice for elite professionals.
• Our capabilities extend beyond traditional reinsurance broking, encompassing banking, strategic advisory, analytics, and rating agency expertise.
• Innovation is at the core of our DNA, driving us to find creative solutions that prioritise client needs.
• We execute relentlessly, leveraging our passion, expertise, and collaborative approach to deliver market-leading outcomes.
• Our track record speaks for itself; we are the fastest-growing reinsurance broker among the top tier, growing three times faster than our competitors.

The energy within the broader Howden Group has been incredibly exciting, with our business growing to a $30 billion GWP enterprise, boasting an organic growth rate of 19%. With over 15,000 employees, including over 3,500 shareholders, we uphold a People First culture empowered by employee ownership. We're expanding our presence in all markets globally, and with the acquisition of TigerRisk, our strategic pillars are now complete. We are:

• A major player in retail and specialty insurance broking.
• The leading international MGA.
• The premier risk, capital, and strategic advisor.
• A market-leading cyber reinsurance offering

This presents an excellent opportunity to join our dynamic Cyber team within the reinsurance business. Howden has invested significantly in cyber and seeks to continue to grow in this space recognising that this class will be core to our clients' needs for the foreseeable future.

About the Role:

The role will help build out the actuarial function within the Howden Tiger cyber team. You will work across a wide spectrum of clients from small regional insurers to global players helping them think about cyber risk systematically. The role will work in tandem with the Howden Tiger catastrophe modelling team to help clients optimise their reinsurance, set risk tolerances for cyber risk and develop an approach to loss development to allow our clients to continue to grow profitability and reduce volatility. Analytics is a core element of the cyber team's broking service and so the role will also be working closely with brokers with lots of opportunity for client and market engagement.

What You'll Bring:

We welcome candidates at various stages of their career, including recent graduates or those with initial industry experience. The ideal candidate should have a passion for the insurance industry and a desire to develop skills in pricing, reserving, or capital work, preferably within consultancy, broking, or carrier contexts. While solid progression through actuarial exams is beneficial, it is not mandatory.

You should demonstrate strong interpersonal skills, enthusiasm, and a problem-solving mindset, with a keen focus on delivery. The ability to listen, comprehend project requirements, and effectively communicate findings is essential. We value candidates who are eager to collaborate with brokers, carriers, and insureds, as teamwork is integral to our success.

Key Requirements:

• Strong mathematical and/or computing background.
• Enthusiasm for general (re)insurance and commercial techniques.
• Focus on project and product delivery.
• Capacity for continuous learning and development.
• Desire to contribute to the growth of a relatively new team.
• Passion for cyber risk and interest in the topic

You should seek a challenging role that offers opportunities for career development within Howden, particularly within our Cyber team in the reinsurance business.

Key Accountabilities:

You'll collaborate with colleagues across the Howden Tiger platform and engage with catastrophe and actuarial analytics teams on (re)insurance placements and tender opportunities related to cyber risks. Building networks with colleagues, peers in European markets, and clients or prospects will be integral to your role.

You'll apply and refine commercial techniques to deliver advisory and placement projects related to cyber risks, working alongside senior and junior colleagues. As your experience grows, you'll lead various client and research projects, contributing to our continued success in addressing cyber risks within the reinsurance business.

Our Culture: People First

We've travelled far since opening our first office in 1994. Back then we were local experts - based in London, with direct access to the world's biggest insurance market. We're still locals, and we still deliver the right advice and the right insurance to our clients. But now, we're local all over the world. With 15,000 global colleagues and a partner network spanning more than 100 territories, we are the largest independent insurance broker in the world. But our values haven't changed since day one, when we set out to create a company grounded in:

• An employee-ownership model
• Aligned external investors
• The trust and integrity born of friendship
• Expertise
• Independence

Our focus on being a people-first business has always been at the very heart of Howden. Our vision was to create an independent business with a unique culture; one that would survive and thrive as a business controlled by the people working for it. Our employee ownership model sets us apart in the market. It's created a culture of collaboration and innovation, where we're driven to think bigger and empowered to challenge convention.

Our flat structure and entrepreneurial spirit help us attract the best people and empower them to be the best version of themselves. And when we bring in and nurture great talent, more follows. That makes us better - and that's better for everyone.

Diversity & Inclusion

At Howden we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
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