Actuarial Analyst

Wesleyan; Birmingham; On-site; GBP 32,000 - 52,000; Full time

Job summary

Wesleyan in the United Kingdom is seeking an Actuarial Analyst to join the Group Finance team and work across actuarial disciplines, supporting capital management, financial reporting, product pricing, data, and with-profits activities. This role is ideal for graduates or part-qualified actuaries aiming to broaden their technical expertise across diverse projects and stakeholders.

You will gain exposure to regulatory submissions, experience investigations, model development, and collaboration

Qualifications

• Degree in Actuarial Science or numerical discipline.
• Strong analytical and problem-solving skills.
• Commitment to studying towards IFoA.
• Experience with actuarial modelling software such as Prophet.
• Excellent communication and attention to detail.

Responsibilities

• Support actuarial valuations and solvency reporting.
• Perform experience investigations and maintain actuarial assumptions and models.
• Support capital management, ORSA production and financial forecasting.
• Contribute to product pricing, profit testing and product development.
• Support with-profits management, including bonus investigations and asset shares reviews.
• Develop actuarial data processes and reporting tools.
• Provide actuarial input into strategic business projects and regulatory change initiatives.
• Analyze financial and actuarial data to provide insights for management.

Skills

Analytical thinking

Problem solving

Attention to detail

Communication skills

Teamwork

IFoA study commitment

Education

Actuarial Science / numerical degree

IFoA qualification in progress

Tools

Prophet

Excel

SQL

VBA

Python or R

Job description

Actuarial Analyst

Shape Brighter Futures with Wesleyan

Established in 1841, Wesleyan help trusted professionals-GPs, hospital doctors, dentists, and teachers-secure their financial future. Today, we're proud to continue that mission with passion and purpose. If you're looking for a role where your expertise makes a real impact, and you want to work in a culture that values collaboration, innovation, and integrity, we'd love to hear from you. Find out more about who we are: careers.wesleyan.co.uk

About the Role

We're looking for an Actuarial Analyst to join our Group Finance team, where you'll have the opportunity to work across a broad range of actuarial disciplines, supporting business-critical activities including capital management, financial reporting, product pricing, data, regulatory change and with-profits business. This is an excellent opportunity for a graduate or part-qualified actuary looking to develop their technical expertise while gaining exposure to a wide variety of projects and stakeholders across the business. What You'll Be Doing Depending on your experience and the needs of the team, you'll be involved in a range of activities including:

• Supporting actuarial valuations, solvency reporting and regulatory submissions.
• Performing experience investigations and maintaining actuarial assumptions and models.
• Supporting capital management, ORSA production and financial forecasting.
• Contributing to product pricing, profit testing and product development.
• Supporting with-profits management, including bonus investigations, asset shares and policyholder fairness reviews.
• Developing and maintaining actuarial models, data processes and reporting tools.
• Providing actuarial input into strategic business projects, system developments and regulatory change initiatives.
• Analysing financial and actuarial data to produce meaningful insights and management information.
• Working closely with Finance, Investment, Data and Change teams to improve processes and deliver business objectives.
• Supporting testing, implementation and continuous improvement of actuarial systems and processes.
• Preparing analysis and reports for senior management and governance committees.

About You

You’ll be a collaborative and analytical individual who enjoys solving complex problems and working with data. We're looking for someone with:

Essential

• A degree in Actuarial Science, Mathematics, Statistics, Physics, Engineering or another highly numerical discipline (2:1 or above preferred).
• Strong analytical and problem-solving skills.
• Excellent attention to detail.
• Good communication and interpersonal skills.
• Ability to work effectively both independently and as part of a team.
• A commitment to studying towards the Institute and Faculty of Actuaries (IFoA) qualification (where applicable).

Desirable

• Progress towards the IFoA actuarial qualification.
• Experience within a UK Life Insurance or Financial Services environment.
• Knowledge of actuarial modelling software such as Prophet.
• Strong Excel and data analysis skills.
• Experience working with databases or programming languages such as SQL, VBA, Python or R.

What You’ll Gain

• Exposure to a wide variety of actuarial disciplines and business areas.
• Opportunities to work on high-profile strategic and regulatory projects.
• Support for your professional actuarial qualification and career development.
• A collaborative environment where you'll work alongside experienced actuaries and finance professionals.
• The opportunity to make a meaningful impact on business decisions and customer outcomes.

Why Wesleyan?

We're building a culture where everyone belongs. Diversity isn't just a policy-it's part of who we are. Whatever your background, we want you to feel valued and empowered to thrive. We're proud supporters of the ABI Making Flexible Work campaign, which means we're open to discussing flexible working, job shares, and part-time options. If you need reasonable adjustments during the recruitment process, just let us know-we're here to support you.

What to Know Before Applying

• Right to Work: We're unable to provide VISA sponsorship, so you'll need the legal right to live and work in the UK.
• Advert Closing: We typically advertise for two weeks but may close early if we receive a high volume of applications-apply early to avoid disappointment.