Actuarial Analyst

2 weeks ago

Edinburgh, United Kingdom Royal London Full time

Job Title: Actuarial Analyst

Contract Type: Permanent

Location: Edinburgh, Alderley Edge, or London

Working style: Hybrid 50% home/office based

Closing date: 23rd May 2024

Are you passionate about numbers, analysis, and risk management? We have an exciting new opportunity for you to kickstart your career as an Actuarial Trainee at Royal London. As an Actuarial Trainee, you will be exposed to a dynamic and fast-paced environment, where you will work alongside a team of experienced actuaries and gain exposure to a wide range of actuarial projects and responsibilities. You will have the opportunity to learn and apply actuarial techniques to analyse data and develop financial models.

We are seeking a highly motivated and analytically minded individual to join our team as an Actuarial Trainee in our Edinburgh, Alderley Edge, or London offices, where you will play a crucial role in helping assess and mitigate our risks. This is an excellent opportunity for an actuarial student who is making good progress through their exams to develop their career, gain exposure in a strategically important business area and be part of our ambitious journey with Royal London.

The role will sit within the Insurance Risks team which has the following key responsibilities:

 Development of Methodology & Assumptions for use in pricing and valuation of insurance risks.  Development of Insurance Proposition to retain/create value.  Delivery of risk management initiatives to optimise return on capital and operating profit.  Development of End-to-End management process for Insurance Risk.

The successful candidate will be partly qualified and studying towards the Institute and Faculty of Actuaries (IFoA) examinations, with a minimum of 4 exams having already been successfully attained (not exemptions).

About the role

Undertake technical analysis using standard actuarial and analytical techniques in accordance with agreed guidelines and methodology.

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