Senior Actuarial Analyst

British Gas is looking for a Senior Actuarial Analyst to join the Risk & Actuarial team. The role involves working across risk, technical provisions, underwriting oversight, and regulatory activity, with a focus on Home Care insurance products.

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

• Support our Home Care insurance products (boiler and central heating cover) and ensure risk is managed effectively while meeting regulatory requirements.
• Technical provisions & actuarial insight
  • Support the quarterly review of technical provisions
  • Assist in assessing assumptions and ensuring robust actuarial outputs
• Underwriting & reinsurance oversight
  • Assist in overseeing underwriting activities
  • Support the Chief Actuary in forming opinions on underwriting and reinsurance strategies
• Risk management & ORSA
  • Contribute to broader risk management activities, including the ORSA process
  • Support stress testing and scenario analysis
• Regulatory & PRA activity
  • Support PRA compliance, including horizon scanning and regulatory monitoring
  • Contribute to maintaining a strong governance and risk framework

• A part-qualified actuary progressing through IFoA exams.
• Experience in insurance (ideally GI), consultancy, or actuarial risk.
• Good understanding of Solvency
  
  II / Solvency
  
  UK.
• Curiosity and desire to develop across multiple actuarial disciplines.
• Strong communication skills and ability to engage and influence senior stakeholders.
• Proactive mindset and confidence to operate in a second-line oversight role.