Graduate Actuarial Analyst
Graduate Actuarial Analyst

Graduate Actuarial Analyst

Chelmsford Entry level 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the reserving team with data processing, modelling, and report writing.
  • Company: Join Argenta Group, a leading player in the Lloyd’s market with a global presence.
  • Benefits: Gain valuable experience in a supportive environment with opportunities for growth.
  • Why this job: Make an impact in a dynamic role while developing your analytical skills.
  • Qualifications: Must have a degree with strong mathematical skills and a can-do attitude.
  • Other info: Collaborative culture focused on creativity, accountability, and wellbeing.

The predicted salary is between 28800 - 48000 £ per year.

About Argenta

Argenta Group is headquartered in London and has a presence in Australia, employing over 280 people globally. We are proud of our unique and rich history of trading in the Lloyd’s market, both as a Syndicate and Members Agency, and to be part of the Hannover Re Group. Our long standing workforce are our greatest asset; the expertise and knowledge they bring has resulted in our successful track record and continues to shape our future growth strategy.

About the role

You will work closely with and report to the Reserving Manager. Your primary objective is to assist the Reserving team in quarterly reserving process and other duties where necessary.

As the Graduate Actuarial Analyst, your key responsibilities will involve

• Support the reserving team with the quarterly reserving process for all managed Syndicates, focused on data processing, basic modelling and report writing.

• Assist with regular production of reserve monitoring statistics for reporting to senior management and relevant committees.

• Assist with production of Solvency II and GAAP technical provisions including reporting.

• Support the team in implementing new methodologies to ensure continued relevance and efficiency.

• Maintain appropriate records for all work.

• Undertake any other related duties as may be reasonably required.

• Working for a regulated Company, you will be expected to perform your duties to the highest of standards, in accordance with the following Conduct Rules as specified by the FCA:

– You must act with integrity

– You must act with due care, skill and diligence

– You must be open and co-operative with the FCA, PRA and other regulators – You must pay due regard to the interests of customers and treat them fairly – You must observe proper standards of market conduct.

About you

• A university graduate having achieved a degree with a significant mathematical component, with upper second class honours or above.

• A strong academic background with good analytical and mathematical skills.

• Ability to quickly learn and adapt to specialist actuarial software and methodologies.

• Attention to detail and ability to solve problems using own initiative.

• Strong communication skills, both oral and written.

• Have an enthusiastic ‘can do’ attitude.

• Strong work ethic, comfortable working through periods of high demand and able to prioritise workload.

Behaviours

These five behaviours sit at the heart of how we work at Argenta:

Supporting each other – Treat each other with dignity and respect, valuing our differences, so we can all be ourselves and achieve our goals.

Generating creative solutions – We do not settle for things that are not right; we do not walk by, we seek creative solutions.

Owning the delivery – We set clear objectives and deadlines; we are accountable and own the delivery end to end, knowing others will too.

Being Committed – High performing professionals, recognising the importance of wellbeing and balance in our lives.

Building longstanding relationships – Collaboration with our clients and those we work with is key; we work as a team to ensure the best outcomes.

Graduate Actuarial Analyst employer: Argenta Group

Argenta Group is an exceptional employer, offering a dynamic work environment in the heart of London, where employees are valued as the company's greatest asset. With a strong focus on professional development and a commitment to fostering a supportive culture, Argenta provides ample opportunities for growth and collaboration, ensuring that every team member can thrive while contributing to innovative solutions in the actuarial field.
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Contact Detail:

Argenta Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Graduate Actuarial Analyst

✨Tip Number 1

Network like a pro! Reach out to alumni from your university or professionals in the actuarial field. A friendly chat can lead to valuable insights and even job leads. Don’t be shy; people love sharing their experiences!

✨Tip Number 2

Prepare for interviews by practising common actuarial questions and scenarios. Use mock interviews with friends or mentors to build confidence. Remember, it’s not just about answering questions but also showcasing your problem-solving skills and enthusiasm!

✨Tip Number 3

Showcase your analytical skills through real-life examples. Whether it’s a project from uni or a personal initiative, be ready to discuss how you approached problems and what solutions you implemented. This will make you stand out!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. Let’s get you that Graduate Actuarial Analyst role!

We think you need these skills to ace Graduate Actuarial Analyst

Data Processing
Basic Modelling
Report Writing
Reserve Monitoring Statistics
Solvency II Reporting
GAAP Technical Provisions
Actuarial Software Proficiency
Analytical Skills
Mathematical Skills
Attention to Detail
Problem-Solving Skills
Communication Skills
Work Ethic
Adaptability
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Graduate Actuarial Analyst role. Highlight your mathematical skills and any relevant experience that aligns with the responsibilities mentioned in the job description. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and Argenta. Share specific examples of your analytical skills and problem-solving abilities, and let us know why you're excited about joining our team.

Show Off Your Attention to Detail: As an Actuarial Analyst, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their work neatly and accurately, so double-check everything before hitting send!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you receive updates directly from us. Plus, it shows you're keen on being part of our team at Argenta!

How to prepare for a job interview at Argenta Group

✨Know Your Numbers

As a Graduate Actuarial Analyst, you'll be dealing with data processing and modelling. Brush up on your mathematical skills and be ready to discuss any relevant coursework or projects. Show them you can handle numbers with confidence!

✨Understand the Company

Do your homework on Argenta Group and their role in the Lloyd’s market. Familiarise yourself with their history and values. This will not only help you answer questions but also show your genuine interest in the company.

✨Prepare for Technical Questions

Expect questions about Solvency II and GAAP technical provisions. Review these concepts and think of examples where you've applied similar methodologies. Being able to explain your thought process will impress the interviewers.

✨Show Your Team Spirit

Argenta values collaboration and support among colleagues. Be prepared to share examples of how you've worked effectively in teams. Highlight your communication skills and your ability to contribute positively to group dynamics.

Graduate Actuarial Analyst
Argenta Group
Location: Chelmsford
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