Actuarial Analyst Year In Industry Placement
2 weeks ago
We are seeking a highly motivated and numerate degree student to join our Actuarial teams in London for a 13-month placement. This is a fantastic opportunity to gain hands-on experience in pricing, modelling, and analytical work, and to develop your skills in a dynamic and supportive environment.
Key Responsibilities:
- Collect and analyse market data to provide insights and support pricing actuaries in setting insurance prices.
- Support pricing actuaries and data scientists in product developments, commercial deals, and pricing innovations.
- Summarise performance of insurance products to present to senior management to aid in decision-making.
- Develop and price new and existing products, providing pricing expertise and support as required.
- Improve current team processes by utilising data analytics.
- Maintain appropriate documentation supporting pricing procedures, analyses, decisions, processes, and controls.
Requirements:
- On track for a 2:1 in a STEM degree.
- Proficient with MS Office (Excel, PowerPoint, Word, Outlook, Teams).
- Effective communication skills and ability to work as part of a team.
- Strong analytical and problem-solving skills.
- Ability to work under time pressure and independently.
- Excellent organisation skills and ability to prioritise.
- IT and programming skills (e.g. R, Python, SQL) are highly advantageous.
What We Offer:
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
- Generous pension contribution.
- Life assurance.
- Private medical insurance (permanent employees only).
- At least 25 days holiday, plus public holidays, 26 days after 2 years' service.
- Competitive family leave.
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax-efficient salary sacrifice.
- Many discounts we offer – both for our own products and at a range of high street stores and online.
We strive to be open, mindful, and inclusive, so are always willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.
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