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Actuarial Analyst

Job in Cardiff, Cardiff City Area, CF10, Wales, UK
Listing for: British Gas
Full Time position
Listed on 2026-06-15
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Actuary
  • Insurance
    Risk Manager/Analyst, Actuary, Insurance Risk / Loss Control
Salary/Wage Range or Industry Benchmark: 60000 - 80000 GBP Yearly GBP 60000.00 80000.00 YEAR
Job Description & How to Apply Below

We are looking for a Senior Actuarial Analyst to join our Risk & Actuarial team at British Gas. This role focuses on Home Care insurance products (boiler and central heating cover) and involves risk management across technical provisions, underwriting oversight, and regulatory activity.

Location

We offer a blend of home and office working, with team time at our Windsor site when needed.

Responsibilities
  • Support the quarterly review of technical provisions
  • Help assess assumptions and ensure robust actuarial outputs
  • Assist in overseeing underwriting activities
  • Support the Chief Actuary in forming opinions on underwriting and reinsurance strategies
  • Contribute to broader risk management activities, including the ORSA process
  • Support stress testing and scenario analysis
  • Support PRA compliance, including horizon scanning and regulatory monitoring
  • Contribute to maintaining a strong governance and risk framework
Qualifications
  • A part-qualified actuary, progressing well through IFoA exams
  • Experience with in insurance (ideally GI), consultancy, or actuarial risk
  • Good understanding of Solvency II / Solvency UK
  • Curiosity and a desire to develop across multiple actuarial disciplines
  • Strong communication skills with the ability to engage and influence senior stakeholders
  • A proactive mindset and confidence to operate in a second-line oversight role
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