Actuarial Analyst: Hybrid Role with Growth & Training

Tesco Insurance and Money Services; Reigate; Hybrid; GBP 38,000 - 48,000; Full time

Benefits offered by this job

Pension (up to 7.5% employer)

Virtual GP Service

Performance related annual bonus

22 days to 7.2 weeks holiday (plus buy

Colleague Clubcard discount

Enhanced parental leave

Save and Buy as you earn

Learning opportunities

Job summary

Tesco Insurance and Money Services in Reigate is looking for an Actuarial Analyst to start your actuarial career in a supportive, collaborative environment. You will work with experienced actuaries and analysts, building technical and commercial skills while contributing to financial reporting and business management activities.

Through structured training, on‑the‑job learning and professional study support, you’ll gain exposure to reserving, data analysis, modelling and forecasting, developing

Qualifications

• A degree in a numerate subject such as Mathematics, Statistics, Actuarial Science, Economics, Engineering, Physics or a related discipline.
• Strong numerical and analytical skills with a good academic record.
• Interest in pursuing a professional actuarial qualification through the IFoA (or equivalent).
• Strong communication skills with ability to present technical information clearly.
• Ability to manage and prioritise work to meet deadlines.
• Proactive and structured approach to problem solving.
• Continuous improvement mindset and flexibility to adapt to changing market conditions.

Responsibilities

• Reserving and reporting deliverables for Motor and Home insurance, IFRS 17 and Solvency II basis.
• Data management: processing and analysing claims and policy data with high quality governance.
• Actuarial modelling and methods: developing and validating models and applying statistical techniques.
• Insights and decision support: producing actuarial insights for business decisions.
• Process improvement: supporting enhancements to reserving and reporting processes.
• Collaboration with Underwriting, Risk, Claims, Finance and other stakeholders.

Skills

Numerate degree focus

Academic excellence

IFoA qualification pursuit

Communication skills

Time management

Problem solving

Continuous improvement mindset

Flexibility

Excel proficiency

In-person office attendance

Education

Degree in a numerate subject (Maths/Stats/Actuarial/Eng/Physics or related)

Tools

Excel

Python

R

SAS

SQL

Power BI

Job description

Tesco Insurance and Money Services in Reigate is looking for an Actuarial Analyst to start your actuarial career in a supportive, collaborative environment. You will work with experienced actuaries and analysts, building technical and commercial skills while contributing to financial reporting and business management activities.

Through structured training, on‑the‑job learning and professional study support, you’ll gain exposure to reserving, data analysis, modelling and forecasting, developing