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- Tasks: Lead quarterly reserving and annual planning while mentoring junior actuaries.
- Company: Join Allianz, the world's number one insurance brand with a focus on innovation.
- Benefits: Enjoy flexible working, competitive salary, and a range of perks tailored for you.
- Why this job: Make a real impact in a dynamic environment while developing your career.
- Qualifications: Qualified Actuary with strong Excel and coding skills; insurance experience preferred.
- Other info: Diversity and inclusion are at our core; we welcome all applicants.
The predicted salary is between 68000 - 81000 £ per year.
Secondment Opportunity (covering maternity leave for approximately 12 months). As an Actuary you will take responsibility for quarterly reserving and annual business planning. You will partner with Finance and Pricing and Underwriting teams to oversee portfolio performance and profitability. You will mentor and coach junior members of the actuarial team.
Location: London / Guildford
Salary Information: Circa £80,000 - £95,000 per year. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
About You:
- Review the production, monitoring and communication of quarterly reserves for Motor lines of business.
- Review the actuarial input into the annual business planning and regular forecasting.
- Influence key stakeholders including portfolio managers, business finance managers and claims managers.
- Develop key relationships within the Actuarial team and work with external stakeholders such as auditors.
Essential Skills:
- Qualified Actuary, with Fellowship in the Institute and Faculty of Actuaries (or equivalent).
- Strong Excel and coding (e.g. Python).
- Familiarity with actuarial reserving, pricing or capital modelling techniques and software.
- Insurance experience in reserving, pricing or capital modelling.
- An excellent communicator, capable of engaging at all levels of seniority, building strong relationships and influencing effectively.
- It is desirable to have leadership experience such as attracting, developing, motivating and retaining a talented team to deliver.
We support the government scheme "Access to Work" please feel free to ask us about the access to work scheme.
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.
- Flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training.
- 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 it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen. Here at Allianz, we are signatories of the ABI's 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.
Diversity & Inclusion:
At Allianz, we prioritize diversity and inclusion, demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community's 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 it’s 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: Cathryn Thomas. If you are an at-risk candidate facing potential redeployment, please include this information in your CV. Closing date 21st November. We reserve the right to close the advert early if we reach enough applications. Join us - Let's Care for Tomorrow.
Senior Actuary / Actuary in London employer: Allianz
Contact Detail:
Allianz Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuary / Actuary in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to alumni from your university. Building relationships can open doors that you didn’t even know existed.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common actuarial questions. Don’t forget to showcase your communication skills and how you can influence stakeholders – that’s key for this role!
✨Show Off Your Skills
During interviews, highlight your Excel and coding skills, especially if you’ve got experience with Python. Bring examples of how you’ve used these skills in past roles to solve problems or improve processes.
✨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, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Actuary / Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Actuary role. Highlight your qualifications, especially your Fellowship in the Institute and Faculty of Actuaries, and any relevant insurance experience.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this secondment opportunity. Mention your experience with quarterly reserving and how you can influence key stakeholders effectively.
Showcase Your Communication Skills: As an excellent communicator, it's crucial to demonstrate this in your application. Use clear and concise language, and provide examples of how you've built strong relationships in previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. This ensures your application is processed smoothly and allows us to get to know you better. Don't forget to mention any flexibility you might need in your application!
How to prepare for a job interview at Allianz
✨Know Your Numbers
As a Senior Actuary, you'll need to demonstrate your expertise in quarterly reserving and annual business planning. Brush up on your technical skills, especially in Excel and coding languages like Python. Be ready to discuss specific examples of how you've used these skills in previous roles.
✨Build Relationships
This role involves partnering with various teams, so it's crucial to show that you can build strong relationships. Prepare to share experiences where you've successfully influenced stakeholders or collaborated with finance and underwriting teams. Highlight your communication skills and ability to engage at all levels.
✨Mentorship Matters
Since mentoring junior team members is part of the job, think about your leadership style and how you've developed others in the past. Be prepared to discuss your approach to coaching and motivating a team, as well as any successes you've had in this area.
✨Stay Current with Industry Trends
The insurance industry is always evolving, so it's important to stay informed about the latest trends in actuarial reserving, pricing, and capital modelling. Research recent developments and be ready to discuss how they might impact the role you're applying for. This shows your commitment to continuous learning and adaptability.
