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About the Role
This exciting role is ideal for a recent graduate looking for their first steps into an actuarial career.
Initially starting in the pricing team, you will help to support the pricing activities across our health and protection products. This will involve analysing our experience (including claims, lapses and business mix), monitoring market data and competitiveness, and proposing new pricing rates.
In time, there will be the opportunity for you to rotate within the wider actuarial team to either reserving or capital management. This will allow you to develop a wide range of technical knowledge and expertise across various actuarial functions. This opportunity come with an excellent study support scheme.
The ideal candidate will be:
- Inquisitive and willing to learn.
- Highly numerate with excellent analytical skills.
- A strong problem solver.
- Thorough and pays close attention to detail.
- A team player with good interpersonal skills.
Key Responsibilities:
To support the pricing and wider actuarial team with:
- Building, running and developing models utilising different software including Excel, R, Prophet and VBA.
- Assisting in the development of pricing and benefits of new and existing products.
- Contributing to annual product reviews.
- Undertaking analysis of claims, lapses and other experience.
- Producing outputs for Solvency II reporting or other statutory reporting as required.
- Liaising with IT and other departments in specifying, developing, testing, implementing and operating systems.
Experience & Qualifications:
- A degree in mathematics, statistics or other numerical / scientific subject is desirable.
- Willing to progress towards achieving FIA - Fellow of the Institute of Actuaries professional qualification.
- Experience using Microsoft Office, particularly Excel.
- Ideally some work experience in an office environment.
- Must have the right to work in the UK.
