Andrew Hetherington

Actuary working in London, UK. All views are my own.

Curriculum Vitae

ANDREW HETHERINGTON

LinkedIn: https://www.linkedin.com/in/andrewmhetherington/

Qualified actuary with over 6.5 years’ experience across insurance and pensions.

UK-based, currently working in London.

 

EDUCATION

Fellow—Institute and Faculty of Actuaries (2018–2022)

Passed exams in financial mathematics, statistics, business finance, economics. Took specialist modules in general insurance and enterprise risk management. Chartered Enterprise Risk Actuary.

BSc (Hons) Physics—Durham University (2015–2018)

86% overall mark. 1st class honours.

Awards: J A Chalmers Prize in Physics (2018), Durham Physics Award for Outstanding Achievement (2017, 2018), Durham Award (2018)

 

EMPLOYMENT

Brit Insurance, London, UK (November 2021–present)

Actuary (Cyber) (November 2023–present)

  • Point of contact for Cyber underwriting team, providing ad-hoc actuarial support for pricing, portfolio reviews and coverholder/reinsurer discussions as required.

  • Carried out review of Python-based stochastic model used to simulate potential cyber losses at extreme return periods. Implemented git versioning and sensitivity testing functionality to improve rigour of development process and audit trail. Model outputs subsequently used by Capital team when parameterising central capital model for annual SCR submission.

  • Led reserving analyses across Cyber classes, including: liaising input with underwriting and claims to collate relevant information; making or reviewing ultimate selections as necessary; and final presentation to senior stakeholders.

Actuary (Portfolio Analytics) (August 2022–November 2023)

  • Used Python to check pricing adequacy across distribution channels and track indexation of insured values over time within Property classes of business. Used Streamlit package to build dashboard for identifying opportunities within Cargo portfolio.

  • Worked cross-functionally with Business Insights and Underwriting teams to deliver new portfolio management tool, subsequently used by class underwriters to develop 2023 business plans.

  • Co-led development and implementation of training syllabus for Actuarial department, covering topics such as programming skills and alignment with Group data & technology strategy.

Actuarial Analyst (Portfolio Analytics) (November 2021–August 2022)

  • Actuarial point of contact for development of new risk selection platform. Collaborated with underwriters to deliver and working proof-of-concept to senior stakeholders.

  • Delivered underwriting training session on portfolio management to over 60 staff.

LCP, London, UK (September 2018–November 2021)

Actuarial Associate Consultant (July 2020–November 2021), Actuarial Analyst (September 2018–July 2020)

  • Coordinated transfer value exercise, working across departments to perform actuarial calculations for 230 individuals. Designed bespoke models to improve efficiency.

  • Presented integrated risk management dashboard to client. Conducted scenario analysis to quantify financial impact of plausible adverse scenarios; tracked key risk metrics over time to identify emerging trends.

  • Stochastically modelled fair value of employee share option contracts for IFRS 2 reporting.

  • Actuarial/Advisory Trainee of the Year (Professional Pensions Rising Star Awards 2021).

Atom Bank, Durham, UK (July 2017–September 2017)

Analytics Intern (July 2017–September 2017)

  • Used Excel to interpret large volumes of savings and business loans data. Automated routine reporting using Python, increasing efficiency and detail. Presented Management Information to Head of Analytics and Head of Customer Experience.

 

ADDITIONAL SKILLS

 

POSITIONS OF RESPONSIBILITY & VOLUNTEERING

Committee MemberIFoA Sustainability Early Careers Board (January 2022–January 2024)

  • Speaker at panel event and author of two IFoA articles discussing the importance of the COP27 international climate conference and what progress has been made since.

  • Provided regular input into the Institute’s primary Sustainability Board to ensure that the early-career viewpoint is represented in decision-making.

 

ADDITIONAL EDUCATION

Northampton School for Boys (2008–2015)

  • A-levels (2013–2015): 3 A* in Maths, Further Maths and Physics, 1 A in Chemistry

  • GCSEs (2008–2013): 6 A* and 4 A including Mathematics and English

  • Awards: Bruce Liddington Award for Attainment, Award for Outstanding Achievement in Physics