Actuarial Analyst, Birmingham, Hybrid

Sanderson Recruitment Plc; Birmingham; Hybrid; GBP 30,000 - 55,000; Full time

Job summary

Sanderson Recruitment Plc in Birmingham seeks an Actuarial Analyst to join the Group Finance team. You will work across actuarial disciplines, supporting capital management, financial reporting, pricing, and regulatory change, with exposure to with-profits activities.

The role suits a graduate or part-qualified actuary seeking technical development in a broad, stakeholder-facing environment while based in a hybrid Birmingham office.

Qualifications

• 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 IFoA qualification (where applicable).

Responsibilities

• 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.

Skills

Strong analytical

Attention to detail

Communication skills

Teamwork

Education

Degree in Actuarial Science

Mathematics/Statistics degree

2:1 or above

Tools

Prophet

Excel

SQL

VBA

Python

R

Job description

Actuarial Analyst, Hybrid - Birmingham

Summary of the role

A financial services company are seeking a dedicated professional to join the company. They are 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.

Ideally the successful candidate will be based out of the Birmingham office, on a hybrid working arrangement.

What you'll be doing

• 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.

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.

Reasonable Adjustments:

Respect and equality are core values to us. We are proud of the diverse and inclusive community we have built, and we welcome applications from people of all backgrounds and perspectives. Our success is driven by our people, united by the spirit of partnership to deliver the best resourcing solutions for our clients.