Actuarial Analyst
SKILLS
FULL DESCRIPTION
Actuarial Analyst
[Employer hidden — view at passion-project.co.uk] - London (Hybrid) - £30,000 - £45,000 per year - Permanent - Full-time
Job Introduction
[Employer hidden]'s in-house underwriting business, AICL, is at a key point in its growth plan. As an Actuarial Analyst, you will contribute to building, managing, and improving regular processes using specialist actuarial software packages. Reporting to the Reserving Actuary, you will work with a team of 7 and gain exposure to claims reserving, capital modelling, and reinsurance evaluation. Study support is available for the successful applicant.
Role Responsibility
- Contributing to the yearly reinsurance program renewal process
- Identifying, explaining and monitoring experience trends
- Contributing to Solvency II requirements (QRTs, ORSA, SFCR, RSR, AFR) and regular reserving exercises
- Adhering to Technical and Actuarial practice standards (TAS and APS)
- Adhering to governance processes for financial reporting
- Maintaining transparency and documentation of actuarial processes
- Collaborating with legal and DPO for GDPR compliance
- Preparing claims and policy data for market benchmarking
The Ideal Candidate
Behaviours & Traits: Excellent communication, proactive, dependable, team-oriented.
Technical Skills: Strong numerical and statistical capabilities, comfortable with large data sets, experience in ResQ and SQL is a plus.
Package Description
Benefits include: 35-hour flexible working week, 25 days holiday + bank holidays, pension matched up to 10%, life assurance, wellbeing programme, colleague discounts, enhanced maternity/paternity leave, grandparents leave, performance bonus up to 5%, income protection, and access to [Employer hidden] Academy.
About the Company
Over the past 70 years, [Employer hidden] has become the UK's specialist provider of products and services to people aged over 50. [Employer hidden] is committed to diversity, equity, and inclusion, and is an Age-Friendly Employer and Disability Confident Committed employer.