Actuarial Graduate

Job Introduction
**Actuarial Graduate**

**Salary - £30,000 per annum**

**Hybrid - Home and London Hub**

AICL, our in-house underwriting business, is at a key point in its growth plan, and your work as our new Actuarial Analyst will contribute to helping build, manage, and improve regular processes which typically require the use of specialist actuarial software packages.

Reporting to the Reserving Actuary, you will work closely with the immediate actuarial team of 7. You’ll have exposure to a range of actuarial disciplines such as claims reserving, capital modelling and reinsurance evaluation learning from industry experts. You will grow professionally in Saga with actuarial exam support as well as internal training on actuarial topics of your interest. Being a technical expert, you will combine your investigative and communicative skills to interact with stakeholders across the business such as pricing or claims team.

At Saga, we work flexibly, which means our colleagues have autonomy over where they work— at home or in a hybrid setting. This role has a small hybrid element, which means that our team comes together when we need to collaborate.

Main Responsibilities
As an Actuarial Analyst you will collaborate across the Saga business where required, contributing actuarial expertise and knowledge to bespoke projects

Other accountabilities will include:

- Contributing to the yearly reinsurance program renewal process - including managing the production of supporting information
- Identifying, explaining and monitoring experience trends
- Contribute to all 3 pillars of Solvency II requirements (quarterly and annual quantitative reporting templates, ORSA, SFCR, RSR, Actuarial Function Report (AFR)) as well as to the regular reserving exercise
- Adhering to Technical and Actuarial practice standards (TAS and APS)
- Adhering to governance processes for financial reporting purposes.
- Maintaining and developing transparency and documentation around the actuarial team process.
- Collaborating with legal and DPO to ensure data transfer to and from third parties is compliant with governance processes, GDPR and DPA, and follow ICO best practice
- Preparing claims and policy data for regular market benchmarking exercises.

As an Actuarial Analyst you would be able to demonstrate the following skills and experience:
Behaviours & Traits include:

- Excellent verbal and written communication skills
- Proactive, with a strong desire to learn. Demonstrates enthusiasm and self-motivation.
- Dependable and reliable with strong organisational skills,
- Good at working in a team and demonstrates this by helping peers/department to achieve tasks when deadlines are tight.

Technical Skills include
- Strong numerical and statistical capabilities.
- Comfortable working with large amounts of data.
- Experience in ResQ and SQL is a plus.

About The Company
Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high quality products and exceptional standards of service. These include cruises and holidays, insurance, personal finance and the Saga Magazine.

At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity not just because it is the right thing to do, but because diverse teams perform better.

We’re passionate about diversity, equity, and inclusion. Championing diversity is important to us, and diverse teams really are the best ones. We’re dedicated to creating a culture where every colleague feels like they belong. So that at Saga, more than anywhere else, you can be your best, be yourself and make a difference.

Fair consideration is given to all applicants, including those with disabilities and those over who are over the age of 50. As champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams. We are also an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required. For more information on our DEI policies please visit our Saga Careers page.

**_Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner._**

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Package Description
Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.

We offer total flexibility over where you work you choose a place th