Actuarial Assistant

Arthur Financial; London; On-site; GBP 30,000 - 50,000; Full time

Job summary

An established industry player is seeking a motivated graduate to join their actuarial team. This role provides a unique opportunity to gain hands-on experience in a variety of actuarial tasks within the Lloyd's and company markets. The successful candidate will engage in data analysis for M&A transactions, contribute to quarterly reserving, and support capital processes. This is an excellent chance to develop your skills while working alongside experienced professionals, all within a dynamic and supportive environment. If you are proactive, detail-oriented, and eager to learn, this opportunity is perfect for you.

Qualifications

• A degree in Actuarial Science, Finance, Economics, or related field is required.
• Candidates should be working towards an actuarial qualification.

Responsibilities

• Gather and process data for RITC transactions and company market deals.
• Support due diligence analysis for potential M&A transactions.
• Carry out reserve analyses and assist in preparing documentation.

Skills

Excel

VBA

Statistical Analysis

Attention to Detail

Communication Skills

Education

Degree in Actuarial Science

Degree in Finance

Degree in Economics

Tools

ResQ

Job description

Arthur is delighted to be supporting a leading run-off insurer, providing actuarial support across reserving, capital, and transaction due diligence.This role is suited to a graduate who would like to, or is pursuing an actuarial qualification and offers exposure to a wide range of actuarial work in the Lloyd’s and company markets.

Responsibilities:
• Gather and process data for RITC transactions and company market deals.
• Support due diligence analysis for potential M&A transactions.
• Contribute to quarterly reserving by extracting premium, claims, and reinsurance data.
• Carry out reserve analyses and assist in preparing documentation for reserving committees.
• Operate models used to determine Solvency II technical provisions.
• Assist with the production of management information and actual vs expected analysis.
• Prepare data for auditors, actuaries, and regulatory bodies such as Lloyd’s.
• Extract data and perform statistical analyses for capital model parameterisation.
• Provide support to capital processes as required.

Requirements:
• A degree in Actuarial Science, Finance, Economics or a related subject.
• Working towards actuarial qualification.
• Familiarity with reserving in the Lloyd’s and London Market (preferred).
• Proficient in Excel; VBA and ResQ experience advantageous.
• Strong attention to detail, with the ability to manage multiple tasks.
• Able to meet deadlines and remain calm under pressure.
• Confident communicator, both verbally and in writing.
• A proactive attitude and willingness to learn.

Right to Work: Candidates must have the right to work in the UK. Unfortunately, this role does not offer visa sponsorship.