As our Actuarial Analyst you will support the production of quarterly solvency reports, contribute to data analysis and modelling, and gain hands-on experience within a life insurance environment. This is a permanent position offering excellent development opportunities, including support with IFoA exams.
The role sits within the Actuarial Reporting team and will primarily support the production of quarterly reporting metrics, through data preparation and running and maintaining actuarial liability models. Working as part of a small team, the successful candidate will take ownership of a number of end-to-end processes and will support the communication of results to senior management from an early stage. The role is suited to either an individual at the start of their career or with a few years prior experience, who is looking to build and broaden their skills within a life insurance environment.
In addition to core reporting activities, the role will offer exposure to a range of other projects, e.g. reporting and methodology process improvements, data analytics, experience analysis, which should provide both breadth and depth of actuarial experience. The individual will also support the development of data science and automation solutions, for example using Python and Power BI, either to improve reporting efficiency or to analyse large datasets to produce management information (MI) and support the company’s strategic objectives.
You will be committed to completing the IFoA qualification.
What you will do
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Support the production of quarterly solvency reports (January, April, July and October)
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Data cleaning, analysis and model execution
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Run actuarial models and analyse outputs
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Follow process documentation for tasks
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Collaborate with analysts and actuaries
Working hours are 35 hours a week Monday to Friday. Start times are flexible from 8.00am to 9.30am. After a successful training period there is flexibility to work from home for 2 days a week.
What we require
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Recent graduate (minimum 2:1), ideally in a quantitative subject
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Understanding of actuarial work and interest in life insurance
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Strong analytical skills and attention to detail
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Excel skills or willingness to learn
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Motivation to progress through IFoA exams
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Python, SQL or PowerBI advantageous
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Team player with eagerness to learn
What we offer you
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Basic salary up to £35,000 per annum
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Discretionary annual bonus dependent on your performance and company performance provided you are employed on bonus payment date.
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Annual holiday allowance of 25 days holiday plus bank holidays
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Life Assurance (based on pensionable earnings)
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Generous contributory Pension scheme
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Season Ticket Loan
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1 days paid charitable workday
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Employee Assistance Programme
Foresters Financial is not your typical financial services provider. Those who join our purpose-driven organisation enjoy a culture of collaboration, creativity, and mutual respect and are challenged to do their best to make a difference every day. We help everyday families achieve their financial goals and make a lasting difference in their lives and communities.
