Orvia Underwriting (Orvia) is a new pan‑European Managing General Agent (MGA) launched by The Ardonagh Group. Leveraging Ardonagh strong distribution network, specialist talent and trusted insurer partnerships, Orvia marks an important step in the Group’s ambition to build a leading European underwriting business.

Orvia creates a single platform to combine a number of Ardonagh-owned MGAs across the London and European markets with a combined portfolio in excess of €250m GWP. Orvia focuses on developing specialist insurance products that meet the needs of clients and brokers, offering faster decisions, trusted service and seamless access to underwriting expertise across London and European markets.

We are looking for a commercially minded Senior Portfolio Management Actuary to build and own the portfolio management capability across a diverse and growing range of P&C lines of business in several European jurisdictions. This is a hands-on, and impactful role that sits at the intersection of actuarial, underwriting, and carrier management. The right person will thrive in a fast-paced environment, be energised by building things from scratch, and able to work well with a wide range of stakeholders.

Core Responsibilities

Design and build portfolio monitoring KPIs and frameworks across a diverse range of lines of business, embedding them into how the MGA runs
Conduct exposure and mix analyses to understand portfolio movements and their drivers
Perform claim frequency and severity analyses, and develop the pricing view of ultimate loss ratio
Assist with the build and digitisation of rating tools, working alongside underwriting and technology teams
Engage directly with carrier partners on all performance management topics, acting as a credible, trusted counterpart on portfolio performance
Support business planning, including the modelling of profit commissions and their sensitivity to performance outcomes
Partner with underwriting teams to refine risk appetite, translating analytical insight into practical underwriting action
Contribute to the development of MI, data pipelines, and reporting infrastructure as the business scales
Lead the build of technical price and customer propensity modelling for certain segments of the portfolio
Support the assessment and due diligence of inorganic (M&A and investment hiring) opportunities as the MGA grows

What We're Looking For

Requirements

Qualified actuary (FIA or equivalent), with 8+ years of experience in a P&C environment
Strong understanding of portfolio management frameworks and how they drive underwriting performance
Hands-on experience building and maintaining P&C performance management processes, with a focus on commercial and specialty lines
Experience onboarding of rating tools into digital PAS application rating engines is a plus
Experience across multiple European insurance markets is a plus
Experience with Python/SQL/R programming as well as WTW software (EMBLEM / Radar / ResQ etc.)

Personal Attributes

Highly commercially aware
Strong relationship-builder, both cross-functionally (underwriting, finance, technology & operations) and externally
Strong attention to detail
Showing enthusiasm, a positive attitude, and resilient
Willing to roll up your sleeves, comfortable in a fast-paced environment
A strong communicator (written and verbal) who can distil complex topics into key messages for non-technical audiences
Self-starting, pragmatic and outcome-oriented

At Orvia Underwriting, we believe in connection through expertise. Our pan‑European platform brings together the strongest underwriting talent in the industry. Orvia is a home for specialists who want to push boundaries, learn from one another, and consistently deliver market‑leading results.
We connect brokers and insurance capacity through deep underwriting expertise and a culture defined by collaboration and trust. Our success is built on strong relationships and a shared commitment to delivering the right outcomes for our partners.
Service is our competitive edge. Fast, reliable and responsive, we are built around the needs of brokers. Powered by deep capacity partnerships, our underwriting combines speed, precision and consistency, strengthening confidence at every interaction.

A destination for exceptional talent. Attracting and developing top underwriting professionals is central to our ambition. We invest in our people, creating opportunities to grow, lead and shape the future of underwriting at Orvia.

Orvia Underwriting is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.

#ORV

Senior Portfolio Management Actuary

Job Description