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Actuarial Analyst, Hybrid - Bristol

Sanderson Recruitment Plc

Scotland

Hybrid

GBP 35,000 - 55,000

Full time

2 days ago
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Job summary

An established industry player in life and pensions is seeking a dedicated Actuarial Analyst to join their dynamic team in a hybrid role based in Bristol. This position offers the opportunity to support customer service by addressing policyholder calculation requests and resolving complaints. You will engage in various projects, ensuring compliance with regulatory requirements while maintaining accurate policyholder records. The ideal candidate will possess strong analytical skills, a solid understanding of regulatory frameworks, and proficiency in MS Excel. Join a forward-thinking company where your contributions will directly impact client satisfaction and operational efficiency.

Qualifications

  • Strong understanding of regulatory requirements and attention to detail.
  • Proficient in MS Excel with a willingness to learn.

Responsibilities

  • Support operations by addressing calculation-specific customer queries.
  • Collaborate with stakeholders to implement necessary changes.

Skills

MS Excel
Problem-solving
Attention to detail
Regulatory knowledge
Flexibility

Education

Financial Services Background
Actuarial Science Degree

Tools

VBA

Job description

Actuarial Analyst, Hybrid - Bristol

Summary of the role

A FCA regulated life & pensions service provider are seeking a dedicated professional to join the company. They are looking for someone to support Customer Service by responding to policyholder calculation requests and addressing complaints. In addition to this, you will work on various projects, including client-driven and regulatory initiatives, to update calculation systems and end-user computing (EUC) applications in accordance with requirements. You will also be involved in resolving risk events, ensuring that policyholder records are accurate and up to date.

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

What you'll be doing

  • Provide support to the operations team by addressing calculation-specific customer queries, calculating required values, and correcting policies where errors have occurred.
  • Ensure that all work meets the expected standards, including but not limited to Actuarial Technical Standards and relevant regulatory requirements, while assisting team members with their inquiries.
  • Complete regular changes and updates to ensure that regulatory or other required actuarial work is completed within timescales.
  • Collaborate with internal and external stakeholders to implement necessary changes, whether regulatory, client-driven, or remedial.
  • Ensure that any remediation activities meet client expectations and adhere to Consumer Duty requirements.
  • Help to maintain existing EUCs, both for Operations and for Actuarial. Also required to identify where new EUCs could be used and to build/support build.
  • Develop skills and behaviours in collaboration with your team manager to support improved performance, while also maintaining and expanding your knowledge in your area of specialism.

What we're looking for

  • Proficient in MS Excel, with a strong willingness to learn and adapt effectively.
  • The ability to work independently while remaining flexible to change is essential.
  • A solid understanding of regulatory requirements is a must.
  • A self-sufficient, detail-oriented candidate who possesses strong attention to detail and problem-solving skills.
  • A background in life and pensions is preferred, but candidates must have a financial services background.
  • Knowledge of VBA would be an advantage.

Reasonable Adjustments: We understand that there are a wide range of reasons that you may require reasonable adjustments to the recruitment process- please let us know in your application how we can best support you.

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