Senior Actuarial Analyst

Allianz; Greater London; Hybrid; GBP 35,000 - 42,000; Full time

Job summary

A leading insurance provider in the Greater London area seeks a Data Analyst to support their Risk Actuarial Team. This role involves data processing for regulatory capital and catastrophe exposure data. Ideal candidates will possess strong skills in SQL, Python and data analysis with a passion for data science. The company offers flexible working options and numerous employee benefits, including a contributory pension scheme and various discounts. This is a full-time position, and the closing date for applications is 6 October 2025.

Benefits

Flexible buy/sell holiday options

Hybrid working

Annual performance related bonus

Contributory pension scheme

Development days

Discounts on insurance products

Retail discounts

Volunteering days

Qualifications

• Strong communication skills (written and verbal).
• Quick to learn and able to prioritize activities.
• Data analytics experience within insurance or financial services.

Responsibilities

• Support the risk capital models for regulatory capital requirement calculations.
• Contribute to the Own Risk and Solvency Assessment (ORSA) process.
• Support exposure management reporting and scenario analysis.

Skills

SQL

Python

Data Analysis

Statistical Analysis

Power BI

Excel

Education

Degree qualified or relevant experience

Tools

R

SQL

Power BI

Job description

Role Description

As a Data Analyst within the Risk Actuarial Team Second Line Risk Function your role will be to carry out data processing for our quarterly processes of calculating regulatory capital and catastrophe exposure data preparation and to carry out process automation and simplification within these process and their associated reporting.

This position is suitable for an ambitious collaborative and enthusiastic candidate who is working in the area of Data Science.

Location: London, Guildford, Bournemouth

Salary Information

Salary : Circa 35 42k.

Pay is based on relevant experience skills for the role and location. Salary is only one part of our total reward package.

About You

You will support the Risk Actuarial team in carrying out data processing and process automation and simplification for a selection of the following activities under general supervision :

• Risk Capital Modelling Operations : Support the operating of the risk capital models underpinning the calculation of the Companys Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR). Processing and checking inputs from first line risk owners to enable accurate production of regulatory capital requirement calculations and submissions to the regulator and Allianz Group for all relevant UK entities. Support the calibration of local model components.
• Financial Risk Reporting : Support effective and timely risk management reporting to the business.
• ORSA Process : Contribute to the Own Risk and Solvency Assessment (ORSA) process by supporting future capital requirement projections and stress and scenario testing production (including Natural and Man-Made Catastrophe modelling).
• Exposure Management Support : Support the exposure management reporting and scenario analysis for Allianz UK to meet local and Group requirements.

Essential Skills

• Knowledge and capability of market leading data processing and analytics tools e.g. R SQL Python Power BI
• Experience and knowledge of best practice data management extraction analysis manipulation and database connectivity
• Strong interpersonal skills and collaborative and enthusiastic team player.
• Quick to learn and able to prioritise activities.
• Strong communication (written and verbal).
• Degree qualified or relevant experience
• Data analytics experience within insurance or financial services.

What We Will Offer You

Recognised and rewarded for a job well done we have a range of flexible benefits for you to choose from- so you can pick a package thats perfect for you. We also offer flexible working options global career opportunities across the wider Allianz Group and fantastic career development and training. Thats on top of enjoying all the benefits youd expect from the worlds number one insurance brand including :

• Flexible buy / sell holiday options
• Hybrid working
• Annual performance related bonus
• Contributory pension scheme
• Development days
• A discount up to 50% on a range of insurance products including car home and pet
• Retail discounts
• Volunteering days

Our Ways of Working

Do you need flexibility with the hours you work Let us know as part of your application and if its right for our customers our business and for you then well do everything we can to make it at Allianz we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns which balance the needs of our customers with your personal circumstances and our business requirements. Our aim with this is to help innovation creativity and you to thrive - Your work life balance is important to us.

Integrity Fairness Inclusion & Trust

At Allianz we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities gender equity and balanced gender representation is demonstrated by our numerous accreditations : EDGE certified for gender inclusion Women in Finance Charter members Disability Confident employer Stonewall Diversity Champion Business in the Communitys Race at Work Charter signatories and Armed Forces Covenant gold standard employer.

We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates offering tailored adjustments to ensure your success.

We encourage our employees to advocate for their needs whether its assistive technology ergonomic equipment mentoring coaching or flexible work arrangements.

Accessible Application for All

As part of the Disability Confident Scheme we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme for those meeting the essential skills for the role.

Contact our Resourcing team to opt into this scheme or for assistance with your application including larger text hard copies or spoken applications.

For any inquiries or to submit your application please contact : Conor McCourt

If you are an at-risk candidate facing potential redeployment please include this information in your CV.

Closing date 6 October 2025

We reserve the right to close the advert early if we reach enough applications.

Required Experience

Senior IC

Key Skills

SQL,Python,Compliance,Access,Actuarial Models,Acturial support,Data Collection,Powerpiont,SAP,Tableau,Excel,Mathematics,VBA,Data Analysis,Statistical Analysis

Employment Type : Full-Time

Experience : years

Vacancy : 1