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Trainee Actuary

1 week ago

London, Greater London, United Kingdom The Travelers Indemnity Company Full time

Who Are We?

Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Target Openings

2

What Is the Opportunity?

The Sr. Analyst, Actuarial and Analytics is an entry level analytic role that encompasses the personal ownership of operational assignments which may include reserving, reinsurance, pricing, regulatory reporting, planning/forecasting, project management, CAT modelling, ERM and research. The individual in this role is expected to be a team player and have a desire to learn and develop.

What Will You Do?

  • Strategy:
  • May participate on strategic projects with execution responsibility for assigned project sub components.
  • Execute solutions for assigned project sub-components.
  • Execute work thoughtfully and efficiently as a team member.
  • This position may participate on cross-unit initiatives in a limited manner.
  • Operational:
  • Refresh basic actuarial and analytic analyses with a high level of supervision.
  • Begins to self check own work.
  • Support unit initiatives.
  • May create process efficiencies within assignments with guidance.
  • Provide support as necessary for initiatives within Europe or across the Enterprise within the scope of influence.
  • Communication:
  • Communicates progress, findings and results to manager/colleagues.
  • Begins to understand actuarial, analytical and financial discussions and may participate in the conversation during meeting.
  • Talent:
  • Onboard new employees and interns in unit.
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • University degree in STEM related field.
  • Basic PC skills (MS Office), basic programming skills (e.g., SQL, SAS).
  • Related internship or prior work-related experience preferred.
  • Leadership:
  • Initial development of Leading Self, exhibiting self-awareness and seeking opportunities to learn.
  • Business Acumen:
  • Has a developing understanding and knowledge of the basic key business drivers and functions such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.
  • Able to utilise this business knowledge to assist in the development of analytic solutions.
  • Relationship Management:
  • Begin to develop working relationships with primary working group.
  • Generate and share ideas with primary working group when prompted.
  • Quantitative Analysis:
  • Begin to access data and tools and perform basic analyses.

What is a Must Have?

  • Bachelors Degree or equivalent experience required.

What Is in It for You?

  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.


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