Actuarial Analyst

1 week ago

London Area, United Kingdom Sure Exec Search Full time

Actuarial Analyst

Location:
London

Work Arrangement:
Hybrid (2-3 days on-site)

Salary:
£35,000 - £38,000 per annum + discretionary bonus

Start Date:
Immediate

Our client, a well-established insurance business that is part of one of the world's largest insurance groups, is seeking a motivated
Actuarial Analyst
to join their team. You will Support the Actuarial Team in providing in-house actuarial services.

You'll support the delivery of in-house actuarial services across reserving, pricing, and data analysis, playing a key role in ensuring accuracy, compliance, and insight for the wider business. This is an excellent opportunity for a highly analytical graduate or early-career actuary who is keen to develop pursue an actuarial career and progress towards qualifications.

Role Responsibilities:

  • Data Preparation
    : Cleanse, reconcile, and validate data for actuarial analysis.
  • Projection Models
    : Update and maintain quarterly actuarial projection models.
  • Reserving Support
    : Assist in selecting appropriate ultimate claims and updating actuarial analyses.
  • Profit Commission
    : Contribute to the calculation of profit commission figures.
  • Documentation
    : Maintain clear and accurate documentation of actuarial processes and assumptions.
  • Stakeholder Liaison
    : Respond to data queries from carriers' actuaries.
  • Knowledge Development
    : Build expertise in actuarial methodologies across different insurance products and markets
  • Professional Development
    : Attend industry events (LMSG/SIAS) and work towards passing IFoA exams.

Essential Skills / Experience:

  • Strong academic background – First-class or 2:1 degree in Mathematics, Science, or a related field
  • A-Level Mathematics at grade A.
  • Enthusiasm and commitment to pursue actuarial qualification (IFoA exams).
  • Strong analytical and problem-solving skills, with a logical, methodical approach.
  • Basic technical knowledge of the general insurance market.
  • Familiarity with actuarial concepts, especially reserving and pricing.
  • High attention to detail, with excellent written and verbal communication skills.
  • Proficient in Microsoft Excel (including VBA) and comfortable with data manipulation.
  • Able to work independently as well as collaboratively in a team.

Desirable Skills / Experience:

  • Experience with actuarial software such as ResQ or @Risk.
  • Previous exposure to financial analysis or risk assessment.

If you are passionate about this opportunity and meet the qualifications and skills outlined, we encourage you to promptly submit your CV for consideration. Please note that the duties mentioned above are not exhaustive, and the role's responsibilities may evolve in response to changing circumstances and requirements.

Sure Commercial Limited (trading as Sure Exec Search) is a proud Equal Opportunities employer and does not discriminate against any candidate on the grounds of age, disability, sex, gender identity, sexual orientation, pregnancy and maternity, race, religion or belief, marriage and civil partnerships, or other applicable legally protected characteristics. Our Diversity, Equity, and Inclusion Policy is available on request.

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