At a Glance
- Tasks: Support Home Care insurance products and manage risk in line with regulations.
- Company: Join a family of brands revolutionising energy solutions at British Gas.
- Benefits: Flexible working, professional development, and a supportive culture.
- Other info: Hybrid work model with opportunities for growth across multiple actuarial disciplines.
- Why this job: Make an impact on risk management and regulatory compliance in a dynamic environment.
- Qualifications: Part-qualified actuary with experience in insurance or actuarial risk.
The predicted salary is between 40000 - 50000 £ per year.
About the Company
We are a family of brands, revolutionising how we power the planet. Our work spans energy creation, storage, movement, sale, and maintenance.
Role Overview
This second‑line actuarial role covers risk, technical provisions, underwriting oversight, and regulatory activity. Your work will influence risk management, regulatory compliance, and business decisions.
Location
Hybrid – blend of home and office. Team time is required at the Windsor site when needed.
Responsibilities
- Support Home Care insurance products (boiler and central heating cover) and manage risk in line with regulatory requirements.
- Technical provisions & actuarial insight: Support the quarterly review of technical provisions. Assess assumptions and ensure robust actuarial outputs.
- Underwriting & reinsurance oversight: Assist in overseeing underwriting activities. Support the Chief Actuary in forming opinions on underwriting and reinsurance strategies.
- Risk management & ORSA: Contribute to broader risk management activities, including the ORSA process. Support stress testing and scenario analysis.
- Regulatory & PRA activity: Support PRA compliance, including horizon scanning and regulatory monitoring. Maintain a strong governance and risk framework.
Qualifications
- Part‑qualified actuary progressing through IFoA exams.
- Experience within insurance (ideally GI), consultancy, or actuarial risk.
- Good understanding of Solvency II / Solvency UK.
- Curiosity and desire to develop across multiple actuarial disciplines.
- Strong communication skills, able to engage and influence senior stakeholders.
- Proactive mindset and confidence to operate in a second‑line oversight role.
Benefits
We offer flexible working arrangements, professional development opportunities, and a supportive culture that values growth and sustainability.
Actuarial Analyst in Humber employer: British Gas
At British Gas, we pride ourselves on being an exceptional employer, offering a supportive culture that values professional growth and sustainability. Our hybrid working model allows for flexibility, while our commitment to employee development ensures that you can thrive in your actuarial career. Join us in Windsor, where your contributions will directly influence risk management and regulatory compliance in a dynamic and innovative environment.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst in Humber
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like British Gas. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Actuarial Analyst in Humber
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to British Gas.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on British Gas's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at British Gas
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with British Gas.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at British Gas will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former British Gas employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
