At a Glance
- Tasks: Analyse data, run models, and support pricing in a dynamic actuarial team.
- Company: Join AEGIS London, a diverse and inclusive employer in the insurance sector.
- Benefits: Enjoy a hybrid work pattern, competitive salary, and opportunities for professional growth.
- Other info: Gain exposure to innovative projects and enhance your programming skills in Python and R.
- Why this job: Make an impact in a high-performing team while developing your actuarial skills.
- Qualifications: Progress with actuarial exams and have a background in Maths or Statistics.
The predicted salary is between 30000 - 40000 £ per year.
A high‑performing actuarial department seeks an analyst with an actuarial background to bolster the team. The role will provide exposure to traditional actuarial functions such as capital modelling, pricing, reserving and business planning.
Key Responsibilities
- Run the bespoke internal VB.NET SolvencyII model monthly to set capital, purchase reinsurance, plan business, and monitor risk appetite.
- Conduct SolvencyII analysis and reporting.
- Perform quarterly reserving analyses using ICRFS, applying confidence intervals and comparing monthly actual versus expected outcomes.
- Provide ad‑hoc pricing support, performing frequency‑severity analysis in R.
- Process data from external economic scenario generators and analyze monthly investment performance.
- Support the maintenance of pricing models on our new platform (hx Renew) that relies on Python usage.
- Undertake specific project work and related tasks to support the actuarial team as required.
Qualifications & Skills
- Progress with actuarial exams / part qualified.
- Demonstrable actuarial experience, preferably in a Lloyd's environment.
- Strong statistical, data manipulation and data analysis skills.
- Academic background in Maths, Statistics or Science.
- Proficiency in required IT packages (Pyramid, Power BI an advantage).
- Excellent organisational and planning abilities.
- Strong written and face‑to‑face communication skills.
- Desirable programming skills in Python and R, though not mandatory.
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 applications from all backgrounds and do not discriminate on the basis of race, religion, gender, gender identity, sexual orientation, disability, age or any other protected characteristic.
Actuarial Analyst employer: AEGIS Managing Agency Limited
At AEGIS London, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within our high-performing actuarial team. Our hybrid working pattern provides flexibility, while our commitment to employee growth is evident through support for actuarial exams and access to diverse projects that enhance your skills. Join us in a culture that values diversity and encourages meaningful contributions to our business success.
Contact Details:
AEGIS Managing Agency Limited Recruitment Team
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 who have worked at AEGIS London. They can provide insider tips and might even refer you directly, which can give your application a serious boost.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since the role involves using VB.NET, Python, and R, make sure you can talk confidently about your experience with these tools. Practise explaining complex concepts in simple terms – it shows you really understand your stuff!
✨Tip Number 3
Showcase your analytical skills during interviews. Be ready to discuss specific projects where you've used data analysis or statistical methods. Use examples that highlight your problem-solving abilities, especially in areas like capital modelling or reserving.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at StudySmarter and contributing to our success.
We think you need these skills to ace Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your actuarial experience and skills that match the job description. We want to see how your background in Maths, Statistics, or Science aligns with what we're looking for!
Show Off Your Skills:Don’t forget to mention your proficiency in IT packages like Pyramid and Power BI. If you’ve got any programming skills in Python or R, let us know! We love seeing those skills in action.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your experience makes you a great fit for our team. We want to feel your enthusiasm!
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’s super easy!
How to prepare for a job interview at AEGIS Managing Agency Limited
✨Know Your Numbers
Brush up on your actuarial knowledge, especially around capital modelling and Solvency II. Be ready to discuss how you've applied these concepts in previous roles or projects. This shows you’re not just familiar with the theory but can also bring practical insights to the table.
✨Showcase Your Technical Skills
Make sure you highlight your experience with programming languages like Python and R. If you've worked with data manipulation or analysis tools like Power BI, mention specific projects where you used them. This will demonstrate your technical prowess and how it can benefit their team.
✨Prepare for Scenario Questions
Expect questions that require you to think critically about risk appetite and reserving analyses. Prepare examples of how you've approached similar challenges in the past, using data to support your decisions. This will help you stand out as a candidate who can think on their feet.
✨Communicate Clearly
Strong communication skills are key in this role. Practice explaining complex actuarial concepts in simple terms, as you may need to present findings to non-technical stakeholders. Being able to convey your ideas clearly will show that you can collaborate effectively within the team.
