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Graduate Actuarial Analyst

2 months ago


Gloucester, United Kingdom Ecclesiastical Insurance Group Full time

Working hours: 35 hours per week, Monday to Friday

Duration: Permanent

Location: Gloucester (hybrid) 

Job ref: 202784

About the role

Ecclesiastical Insurance, who are proudly part of Benefact Group are looking for a Graduate Actuarial Analyst to join our Gloucester office.

As a Graduate Actuarial Analyst you will play an important role in supporting the Group Investments Team by developing, testing and using the internal model for modelling of market risk; and developing analysis and preparing management information to inform the Group’s investment strategy and risk management.

The role offers a competitive Actuarial Study Support package.

Joining our rapidly expanding andinnovative Group presents a fantastic opportunity to develop your career andbecome an integral part of an inclusive, purpose-led organisation. 

Key responsibilities
  • Undertaking core actuarial analysis and reporting, producing accurate work within set deadlines.
  • Developing and producing core management and risk reporting in respect of the Group’s investment portfolio
  • Contributing to Group investment and market risk projects, developing & applying appropriate methodologies.
  • Undertaking analyses as directed to provide impactful insights into relevant aspects of the Groups investments and wider business.
  • Communicating effectively both within the actuarial department and across the wider business.
  • Pro-actively learning and applying actuarial concepts and methodologies and improving industry and investment knowledge.
  • Keeping abreast of current and emerging economic trends, actuarial technical standards and best practice.
  • Carrying out relevant data gathering/validation exercises to meet the on-going business needs

Communication / Stakeholder Management

  • Contributes to discussions within the team or department where appropriate.
  • Able to participate in discussions on investments, market risk and actuarial concepts covered in professional studies.
  • Builds strong working relationships with contacts in other actuarial teams and Group Finance function to support key deliveries.
Knowledge, skills and experience
  • Degree or equivalent in statistics, actuarial studies, computing, mathematics
  • Excellent analytical & mathematical skills
  • Effective communication skills, with proven ability to build effective relationships.
  • Strong IT skills
  • A track record of success and achievement in education.

Desirable:

  • Work/placement experience undertaking work with an analytical focus
  • Exemptions or passes in actuarial exams are beneficial although not essential.
What we offer
  • A competitive salary - let's discuss it
  • Group Personal Pension - up to 12% employer contribution
  • Generous annual bonus scheme up to 24%
  • 25 days annual leave plus bank holidays, and a holiday buy and sell scheme
  • An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
  • Up to £300 annual personal grant to a charity of your choice
  • Encouraged to take at least one volunteering day per year
  • Employee Assistance Programme
  • Full study support to gain professional qualifications
About us

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and are currently the UK’s 3rd largest corporate donor, having given away £200 million since 2016. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating aninclusive culture and building an environment where each and every one of usfeels valued and respected. We are a community made up of people with arange of different backgrounds, abilities, perspectives, beliefs and interestsand we value the strength this brings to us as a Group. We welcome applicationsfrom everyone.

If you need any additional support during therecruitment process, then please let us know. 

Winner of the SoGlos Gloucestershire Business Awards ‘Large Business’ of the Year 2023