Actuarial [Actuarial Analyst]

Allianz; City of Westminster; Hybrid; GBP 39,000 - 60,000; Full time

Job summary

A leading insurance provider is seeking an Actuarial Analyst to join their team in the United Kingdom. In this hybrid role, you will be responsible for quarterly reserving exercises, contribute to business planning and forecasting, and support capital modelling efforts. The ideal candidate will possess strong Excel and coding skills, as well as a degree in a quantitative field. With a competitive salary range of £39,000 - £60,000 per year and various attractive benefits, this role offers great career development opportunities.

Benefits

Flexible buy/sell holiday options

Hybrid working

Annual performance related bonus

Contributory pension scheme

Development days

Discounts on insurance products

Retail discounts

Volunteering days

Qualifications

• Strong Excel skills and coding experience, preferably in Python.
• Developing familiarity with actuarial reserving, pricing, or capital modelling.
• Degree in a quantitative subject such as Mathematics or Economics.

Responsibilities

• Input into quarterly reserving exercises and business planning.
• Support business partnering and contribute to capital modelling.
• Develop strong relationships with the actuarial team and stakeholders.

Skills

Strong Excel

Coding (e.g. Python)

Familiarity with actuarial reserving techniques

General insurance experience

Good communication skills

Working knowledge of Microsoft suite

Strong academic record

Education

Degree in a quantitative subject (e.g. Mathematics or Economics)

Job description

Role Description

As an Actuarial Analyst, you will input into quarterly reserving exercises, regular business planning and forecasting, business partnering with Pricing, Underwriting, Finance and Risk, actuarial reporting and input to capital modelling. This is a hybrid role based in either Guildford or London.

Salary Information

Pay: Circa £39,000 - £60,000 per year, depending on progress in actuarial professional exams. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.

About You

Inputs into the production, monitoring and communication of quarterly reserves on UK GAAP, IFRS17 and Solvency II bases in line with Allianz policies and professional standards.

Inputs into the implementation of the Actuarial Function responsibilities.

Contributes to capital modelling.

Participates in the actuarial input into the annual business planning and regular business forecasting processes.

Supports the Actuary with the business partnering, inputting into analysis to support Smart Circle discussions and ensuring claims trends are well understood and are an integral part of underwriting performance discussions.

Manages the business partnering to ensure claims trends are well understood and are an integral part of underwriting performance discussions.

Develops strong relationships with the Actuarial team and starts to build relationship with stakeholders including portfolio managers and business finance managers.

Essential skills

• Strong Excel and coding (e.g. Python)
• Developing familiarity with actuarial reserving or capital modelling techniques and software
• Developing general insurance experience in at least one of reserving, pricing or capital modelling
• Good communications skills
• Working knowledge of Microsoft suite
• Student of the Fellow of the Institute & Faculty of Actuaries (or equivalent) would be beneficial, but not essential.
• Strong academic record, with a degree in a quantitative subject such as Mathematics or Economics

What We Will Offer You

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that's perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That's on top of enjoying all the benefits you'd expect from the world's number one insurance brand, including:

• Flexible buy/sell holiday options
• Hybrid working
• Annual performance related bonus
• Contributory pension scheme
• Development days
• A discount up to 50% on a range of insurance products including car, home and pet
• Retail discounts
• Volunteering days

Our Ways of Working

Do you need flexibility with the hours you work? Let us know as part of your application and if it's right for our customers, our business and for you, then we'll do everything we can to make it happen.

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