Actuarial Analyst - Hybrid - London - £55,000-60,000

Spencer Rose Ltd; Greater London; Hybrid; GBP 55,000 - 60,000; Full time

Benefits offered by this job

Actuarial study support

Exam leave

Mentorship from experienced actuaries

Hybrid work arrangement

Job summary

Spencer Rose Ltd in London is recruiting an Actuarial Analyst to join its Performance Management team, offering a hybrid work pattern with three days in the office.

You will carry out actuarial analysis, support pricing tools, and provide insights that influence pricing, profitability and portfolio direction.

This role provides study support, exposure to data science initiatives, and mentoring from senior actuaries, with clear opportunities for career development.

Qualifications

• At least 2 years' experience in an actuarial or actuarial analyst position.
• Currently studying towards professional actuarial qualifications, ideally with 1-3 exams passed.
• Degree in Actuarial Science, Mathematics, Statistics or another numerate subject.
• Strong analytical skills with confidence working with numerical data.
• Excellent communication skills to explain findings clearly.
• Commercially curious and keen to understand actuarial impact on business decisions.

Responsibilities

• Carry out quantitative analysis using statistical and mathematical approaches.
• Support development and improvement of pricing tools and models.
• Analyse insurance performance, identify trends and provide insights.
• Produce regular and ad hoc reports with clear commentary.
• Collaborate with underwriting, claims, finance, product and technology teams.
• Contribute to projects that improve business performance and decision-making.

Skills

Analytical skills

Excel

Communication

Numerical data

Education

Degree in Actuarial Science, Mathematics, Statistics or a numerate subject

Tools

Excel

Job description

Actuarial Analyst

London | £55,000-£60,000 + Benefits | Hybrid (3 days in office)

We're working with a leading specialist insurance business to recruit an Actuarial Analyst into its growing Performance Management team.

This is an excellent opportunity for an ambitious actuarial professional to develop their technical expertise while gaining genuine commercial exposure and influencing important business decisions.

The Opportunity

You'll sit at the centre of how the business understands and improves its underwriting performance, working across a varied mix of actuarial analysis, pricing, reporting and wider projects.

Your work will be visible across the business, helping inform decisions around pricing, profitability and portfolio direction.

Key responsibilities include:

• Carrying out quantitative analysis using statistical and mathematical approaches.
• Supporting the development and improvement of pricing tools and models.
• Analysing insurance performance, identifying trends and providing meaningful insights.
• Producing regular and ad hoc reports, with clear commentary on findings.
• Working closely with underwriting, claims, finance, product and technology teams.
• Contributing to projects that improve business performance and decision-making.

About You

• At least 2 years' experience in an actuarial or actuarial analyst position.
• Currently studying towards professional actuarial qualifications, ideally with 1-3+ exams passed or relevant exemptions.
• Degree in Actuarial Science, Mathematics, Statistics or another numerate subject.
• Strong academic background, ideally a first-class degree or 2:1.
• Strong analytical skills and confidence working with numerical data.
• Comfortable using Excel and interpreting complex information.
• Excellent communication skills, with the ability to explain findings clearly.
• Commercially curious, motivated and keen to understand how actuarial work influences business decisions.

What's on Offer?

• Salary of £55,000-£60,000, with some flexibility for exceptional candidates.
• Hybrid working - 3 days per week in the London office.
• Actuarial study support and exam leave.
• Access to experienced mentors within the actuarial team.
• Excellent opportunity to develop both technical and commercial expertise.
• Exposure to a highly technology-driven insurance business investing heavily in data science and innovation.
• Opportunity to work closely with senior stakeholders and have a tangible impact on business decisions.

The Business

Our client is a leading specialist insurance provider operating across emerging and complex risks, with a particularly strong presence in the cyber insurance market.

Combining insurance expertise with cutting-edge technology and data science, the business is challenging traditional approaches to insurance and building innovative solutions for a global customer base.