At a Glance
- Tasks: Join a dynamic actuarial team and work on exciting projects like capital modelling and pricing.
- Company: AEGIS London, a forward-thinking company valuing diversity and collaboration.
- Benefits: Hybrid working, 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 supportive environment while advancing your actuarial career.
- Qualifications: Progress with actuarial exams and a background in Maths, Statistics, or 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 in London employer: AEGIS London
AEGIS London is an exceptional employer that prioritises fairness, respect, and inclusivity within its dynamic actuarial team. With a strong commitment to employee growth, the company offers opportunities for professional development through exposure to innovative projects in capital modelling and data science, all while fostering a collaborative work culture in a hybrid working environment. Employees are encouraged to reach their full potential, supported by a diverse workforce that values different perspectives and insights.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees on LinkedIn, especially those in the actuarial field. A friendly chat can give you insider info and might just lead to a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Be ready to discuss your progress with actuarial exams and how your background in Maths or Statistics makes you a great fit for the role.
✨Tip Number 3
Show off your passion for data science and machine learning! If you've worked on any relevant projects, be sure to highlight them during your conversations. It shows you're forward-thinking and eager to contribute.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at AEGIS London.
We think you need these skills to ace Actuarial Analyst in London
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 experience in capital modelling, pricing, or data analysis.
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 any programming skills you have, like Python or R!
Showcase Your Communication Skills:Since good written and face-to-face communication is key, make sure your application is clear and concise. Use straightforward language and structure your thoughts logically to demonstrate your ability to communicate effectively.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at AEGIS London
✨Know Your Numbers
Brush up on your actuarial knowledge, especially around capital modelling and pricing. Be ready to discuss your experience with statistical analysis and any relevant projects you've worked on. This will show that you’re not just familiar with the concepts but can apply them practically.
✨Showcase Your Skills
If you have experience with programming languages like Python or R, make sure to highlight this during the interview. Even if it's not mandatory, demonstrating your ability to work with data manipulation and analysis tools can set you apart from other candidates.
✨Communicate Clearly
Since the role involves interacting with various teams, practice explaining complex actuarial concepts in simple terms. Good communication skills are key, so be prepared to showcase how you can convey your ideas effectively to non-actuarial colleagues.
✨Embrace the Culture
Familiarise yourself with the company’s values of fairness, inclusivity, and ambition. During the interview, share examples of how you embody these values in your work. This will demonstrate that you’re not only a good fit for the role but also for the company culture.
