Actuarial Associate - Entry Level

Milliman

Greater London

On-site

GBP 28,000 - 40,000

Full time

12 days ago

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Benefits offered by this job

Study package for actuarial资格

Competitive study allowance

Job summary

Milliman's London General Insurance practice is seeking a dynamic, motivated graduate to join in September 2027. You will support the management, analysis and interpretation of client data, delivering high-quality actuarial and analytical solutions as part of a collaborative team.

With a numerical undergraduate degree and interest in general insurance, you will develop technical skills using tools like Excel and statistics software while working toward actuarial qualification.

Qualifications

An undergraduate degree at (or predicted to be) 2:1 or above in a numerical subject.
Good knowledge of Word, Excel and PowerPoint.
Keen interest in general insurance.
Desirable: VBA, Python, R, SQL or similar.
Experience working with large datasets using statistical software.
Good understanding of, and interest in, financial markets.

Responsibilities

To manage the technical aspects of specific client assignments (including running analytics tools and building models), within the agreed budgets and timeframes;
To process and handle client data;
To manage relationships with, and expectations of,, specific clients;
To attend client meetings as required;
To assist in the timely production of reports to clients;
To understand and comply with the General Insurance practice’s risk management processes and procedures;
To ensure that, for the assignments being managed, compliance is fully documented;
To assist in the development and implementation of the practice’s marketing plan;
To deliver presentations and produce articles in collaboration with other members of the team;
To maintain high standards of technical knowledge and understanding, through reading of technical papers, participation in appropriate seminars, conferences, etc.;
To disseminate this knowledge and understanding amongst colleagues and, where appropriate, clients;
To provide assistance as and when needed to other team members;
To carry out all tasks within the job holder’s level of skill and ability.

Skills

Technical skills

Interpersonal skills

Communication skills

Time management

Research skills

Organisational skills

Teamwork

Education

Numerical degree

Tools

Word

Excel

PowerPoint

VBA

Python

SQL

Job description

We are seeking a dynamic and highly motivated individual to join our General Insurance practice in the UK in September 2027.

The Milliman London General Insurance practice provides consulting expertise to a variety of clients including insurance and reinsurance companies, Lloyd’s syndicates, ILS fund managers, public sector bodies and other businesses. Its unique blend of sound actuarial technical knowledge, extensive research experience and front-line actuarial products and tools make it a leader in general insurance consulting. The London General Insurance practice regularly collaborates on cross-border projects with local Milliman offices in Europe and the US. It advises on a range actuarial and insurance-related issues including reserving, capital modelling and pricing.

You will work collaboratively within a team to deliver high-quality actuarial and analytical solutions for our clients. We are looking for an authentic and genuine team player who communicates confidently, solves problems creatively and is committed to producing work of the highest standard. Initially, you will use your strong data and analytical skills to support the management, analysis and interpretation of client data. You should also be deadline-driven and able to manage multiple competing priorities effectively.

Milliman offers a competitive study package to support you in qualifying as an actuary.

Responsibilities

To manage the technical aspects of specific client assignments (including running analytics tools and building models), within the agreed budgets and timeframes;
To process and handle client data;
To manage relationships with, and expectations of, specific clients;
To attend client meetings as required;
To assist in the timely production of reports to clients;
To understand and comply with the General Insurance practice’s risk management processes and procedures;
To ensure that, for the assignments being managed, compliance is fully documented;
To assist in the development and implementation of the practice’s marketing plan;
To deliver presentations and produce articles in collaboration with other members of the team;
To maintain high standards of technical knowledge and understanding, through reading of technical papers, participation in appropriate seminars, conferences, etc.;
To disseminate this knowledge and understanding amongst colleagues and, where appropriate, clients;
To provide assistance as and when needed to other team members.
To carry out all tasks within the job holder’s level of skill and ability.

Requirements

Qualification