Junior Actuarial Analyst​/Actuarial Graduate

Overview

The Actuarial Analyst will be involved in pricing, reserving and capital modelling, supporting each of the actuaries working in these areas. In addition to this there will be project work and preparing information and data for stakeholders across the business.

• Involvement in preparing reserving estimates and projections, on an ultimate, GAAP and Solvency II basis for all classes of business.
• Providing support to the Pricing Actuary, helping with case pricing and reviewing pricing model changes.
• Parameterisation and validation work to support the successful delivery of the Internal Model for submission in the LCR.
• Liaise with and provide data and information as requested by internal stakeholders from Claims, Finance, Underwriting and Risk.
• Review of papers and reports.

• Highly numerate graduate (or equivalent) with up to 2 years of experience.
• Knowledge of the actuarial techniques for London market lines of business useful but not essential.
• Knowledge of various IT tools including, but not limited to, Excel, Access, Word. Any coding experience would be very useful.
• Able to formulate appropriate judgement based on actively gathering of all relevant information and input and defend this judgement when challenged.
• Ability to manage multiple priorities on projects simultaneously.
• Ability to communicate with a number of stakeholders.
• Ability to manipulate and analyse data to identify trends and anomalies, working to a high level of accuracy.
• Work with Finance, Compliance and Underwriting teams in the development of the Actuarial Function.
• Ensure compliance with company and other relevant standards and regulations.

• Self-motivation and the ability to work on projects with little support, highlighting issues or points relevant to reviewers.
• A desire to study for IFoA or similar exams.
• Strong communication skills to effectively manage internal stakeholders of all levels.