At a Glance
- Tasks: Join a dynamic team to analyse data and support actuarial projects.
- Company: AEGIS London, a forward-thinking company valuing diversity and innovation.
- Benefits: Hybrid work model, competitive salary, and opportunities for personal growth.
- Other info: Flexible working practices and a commitment to diversity and inclusion.
- Why this job: Make an impact in a collaborative environment while advancing your actuarial career.
- Qualifications: Progress with actuarial exams and a background in Maths/Statistics/Science.
The predicted salary is between 30000 - 40000 £ per year.
A high performing and forward looking actuarial department is looking for an analyst with an actuarial background to bolster the team. Strong actuarial presence is at the core of the organisation, across all departments including the Executive team. We are looking for an individual making good progress with actuarial exams to join the team where they will get exposure to all the traditional actuarial roles (capital modelling, pricing, reserving, business planning etc). The ideal candidate will be comfortable interacting with other teams within the business and have a Mathematical/Statistical/Science background. There will be opportunities to get involved with forward looking projects using machine learning and data science (depending on experience).
Duties and Accountabilities
- Business Planning & Capital Modelling – a bespoke internal model written in VB.NET is in use for Solvency II purposes. The model is used for capital setting, reinsurance purchasing, business planning, risk appetite setting and monitoring on a monthly basis.
- Setting parameters for and running model on a monthly basis to monitor risk against pre-defined appetite and tolerances.
- Solvency II: analysis and reporting.
- Reserving: full quarterly analyses using ICRFS including confidence intervals and monthly actual versus expected exercises.
- Pricing support: ad hoc pricing using frequency severity analysis in R.
- Market analysis.
- Processing of data from external economic scenario generator and analysis of monthly investment performance.
- Opportunity to support the maintenance of pricing models on our new platform (hx Renew), which relies on understanding and day to day use of Python.
- Undertake specific project work and other related tasks to support the work of the Actuarial team as required.
Skills, Knowledge and Experience
- Made progress with actuarial exams / part qualified.
- Demonstrable actuarial experience preferably in a Lloyd's environment.
- Relevant statistical/data manipulation/data analysis skills.
- Relevant academic background (preferably in Maths/Statistics/Science).
- Highly proficient in required IT packages (Pyramid, Power BI an advantage).
- Good organisation and planning.
- Good written and face to face communication skills.
- Programming skills desirable but not mandatory (Python and R an advantage).
AEGIS Values
- Fairness and respect: We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions, working collaboratively to create a culture of fairness and respect.
- Open and inclusive: We act with integrity, valuing diversity of thought and background. We take time to listen to the needs of our customers, stakeholders and colleagues working together to seek and share information.
- Ambitious: We have a passion for success, aspiring to be recognised as best in class. We embrace new opportunities, encouraging innovation in pursuit of our goals.
- Striving to be better: We strive to improve at all times, challenging complacency, being agile and adapting to change. We always seek to improve our customers’ experience with us.
- Investing in people’s potential: We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.
AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.
It’s important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on +44(0)20 7856 7856 or email recruitment@aegislondon.co.uk.
As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential.
Actuarial Analyst employer: AEGIS London
AEGIS London is an exceptional employer that fosters a culture of fairness, respect, and inclusivity, making it an ideal place for Actuarial Analysts to thrive. With a strong commitment to employee growth, the company offers opportunities to engage in innovative projects using machine learning and data science, all while working in a hybrid environment that promotes flexibility. The collaborative atmosphere encourages diverse perspectives, ensuring that every team member can reach their full potential in a supportive and ambitious setting.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees in the actuarial field, especially those at AEGIS. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Be ready to discuss your experience with capital modelling, pricing, and any programming you've done in Python or R. Show them you're not just book-smart but also practical!
✨Tip Number 3
Don’t underestimate the power of soft skills! AEGIS values communication and collaboration, so practice articulating your thoughts clearly and confidently. Think about examples where you've worked well in a team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the AEGIS team. Let’s get you that actuarial analyst role!
We think you need these skills to ace Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Actuarial Analyst role. Highlight your progress with actuarial exams and any relevant projects you've worked on, especially those involving data analysis or programming.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about this role and how your background in Maths/Statistics/Science makes you a great fit. Don’t forget to mention your enthusiasm for working in a collaborative environment!
Showcase Your Technical Skills:If you have experience with tools like Python, R, or Power BI, make sure to include that in your application. We love candidates who can bring technical expertise to the table, especially in areas like capital modelling and pricing support.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at AEGIS London
✨Know Your Numbers
Brush up on your actuarial knowledge and be ready to discuss key concepts like capital modelling, reserving, and pricing. Familiarise yourself with the tools mentioned in the job description, such as VB.NET and R, so you can confidently talk about how you've used them or how you plan to learn.
✨Showcase Your Progress
Since they’re looking for someone who has made progress with actuarial exams, be prepared to share your journey. Talk about the exams you've completed, what you've learned, and how you plan to tackle the remaining ones. This shows commitment and ambition.
✨Communicate Clearly
Good communication skills are essential, especially since you'll be interacting with various teams. Practice explaining complex actuarial concepts in simple terms. This will demonstrate your ability to collaborate and share insights effectively.
✨Embrace the Tech
With opportunities to work on machine learning and data science projects, show your enthusiasm for technology. If you have experience with Python or data analysis tools, mention specific projects where you’ve applied these skills. If not, express your eagerness to learn and adapt.
