At a Glance
- Tasks: Join our actuarial team to analyse data and support innovative projects.
- Company: AEGIS London, a forward-thinking company valuing diversity and collaboration.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Diverse workplace encouraging unique perspectives and insights.
- Why this job: Make an impact in a dynamic environment while progressing 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 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.
Actuarial Analyst employer: AEGIS
AEGIS London is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for Actuarial Analysts to thrive. With a strong emphasis on employee growth, the company offers exposure to diverse actuarial roles and innovative projects involving machine learning and data science, all within a supportive environment that values diverse perspectives. Located in the heart of London, AEGIS provides a hybrid working pattern that promotes work-life balance while engaging in meaningful and impactful work.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst
✨Network Like a Pro
Get out there and connect with people in the actuarial field! Attend industry events, join online forums, or even reach out to alumni from your university. Building relationships can open doors to opportunities that aren’t advertised.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back on showcasing your skills. Talk about your progress with actuarial exams and any relevant projects you've worked on. Let them see how you can add value to their team!
✨Tailor Your Approach
Every company is different, so make sure you tailor your approach for each one. Research their values and recent projects, and mention how your background in Maths/Statistics aligns with their needs. This shows you’re genuinely interested!
✨Apply Through Our Website
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 proactive and really keen on joining our awesome actuarial team.
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 any progress you've made with your exams. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant projects and achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about the Actuarial Analyst position and how your background in Maths/Statistics/Science makes you a great fit. Let us know what you can bring to the team!
Show Off Your Technical Skills:If you've got experience with programming languages like Python or R, make sure to mention it! Even if it's not mandatory, we love seeing candidates who are keen to dive into data science and machine learning projects.
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 serious about joining our team!
How to prepare for a job interview at AEGIS
✨Know Your Numbers
Brush up on your actuarial knowledge, especially around capital modelling and pricing. Be ready to discuss specific examples from your studies or previous roles that demonstrate your understanding of these concepts.
✨Showcase Your Skills
Highlight your experience with programming languages like Python and R, even if it's just academic. Prepare to talk about any projects where you've used these skills, as this will show your potential to contribute to forward-looking projects.
✨Communicate Clearly
Since the role involves interacting with various teams, practice explaining complex actuarial concepts in simple terms. This will demonstrate your communication skills and ability to collaborate effectively within the organisation.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, particularly in relation to risk appetite and data analysis. Think of scenarios where you had to analyse data or make decisions based on statistical findings, and be ready to share those experiences.
