At a Glance
- Tasks: Join our Risk & Actuarial team to manage risk and ensure regulatory compliance.
- Company: British Gas, a family of brands committed to a greener future.
- Benefits: Flexible working, strong support for personal well-being, and career development opportunities.
- Other info: Dynamic environment with a focus on sustainability and personal growth.
- Why this job: Make a real impact in a role that influences key business decisions.
- Qualifications: Part-qualified actuary with experience in insurance or actuarial risk.
The predicted salary is between 50000 - 60000 £ per year.
Join us, be part of more. We're so much more than an energy company. We're a family of brands revolutionising how we power the planet. We're energisers. One team of 21,000 colleagues that's energising a greener, fairer future by creating an energy system that doesn't rely on fossil fuels, whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That's why working here is #MoreThanACareer.
We do energy differently - we do it all. We make it, store it, move it, sell it, and mend it. We're looking for a Senior Actuarial Analyst to join our Risk & Actuarial team at British Gas. This is a great opportunity to step into a broad, second-line actuarial role, where you'll work across risk, technical provisions, underwriting oversight, and regulatory activity - not just a single technical discipline. Your work will directly influence how we manage risk, meet regulatory expectations, and make better decisions across a large, customer-focused business.
Location: We're happy to talk about what flexibility looks like for you. We offer a blend of home and office working, with team time at our Windsor site when needed.
What you'll be doing:
- Supporting our Home Care insurance products (boiler and central heating cover), you'll play a key role in ensuring we manage risk effectively while meeting regulatory requirements.
- Technical provisions & actuarial insight
- Support the quarterly review of technical provisions
- Help 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
- Contribute to maintaining a strong governance and risk framework
Here's who we're looking for:
- A part-qualified actuary, progressing well through IFoA exams
- Experience within insurance (ideally GI), consultancy, or actuarial risk
- Good understanding of Solvency II / Solvency UK
- Curiosity and a desire to develop across multiple actuarial disciplines
- Strong communication skills, with the ability to engage and influence senior stakeholders
- A proactive mindset and confidence to operate in a second-line oversight role
This role is ideal if you're looking to move beyond a single actuarial specialism and develop into a more well-rounded actuarial and risk professional. You'll gain early exposure to second-line oversight, regulatory frameworks, and senior stakeholders - all within a role where your work has real visibility and impact.
Why should you apply?
We're not a perfect place - but we're a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That's why we've designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too.
If you're full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority.
Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey.
Senior Actuarial Analyst in Leeds employer: Centrica - CHP
At British Gas, we are more than just an energy provider; we are a community dedicated to creating a sustainable future. As a Senior Actuarial Analyst, you will thrive in a supportive work culture that prioritises flexibility and personal growth, allowing you to develop across various actuarial disciplines while making a tangible impact on our risk management strategies. With a commitment to employee well-being and a focus on igniting positive change, we offer a rewarding environment where your contributions truly matter.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuarial Analyst in Leeds
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or attend industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Actuarial Analyst role.
✨Tip Number 2
Prepare for the interview by brushing up on your technical knowledge and understanding of Solvency II. We want to see your curiosity and how you can engage with senior stakeholders, so practice articulating your thoughts clearly.
✨Tip Number 3
Show us your proactive mindset! Think of examples where you've taken initiative in past roles. We love candidates who can demonstrate their ability to operate confidently in oversight roles and contribute to risk management.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we’re excited to see how you can contribute to our mission of energising a greener future.
We think you need these skills to ace Senior Actuarial Analyst in Leeds
Some tips for your application 🫡
Show Your Passion for Sustainability:When writing your application, let your enthusiasm for sustainability shine through. We’re all about creating a greener future, so share any relevant experiences or projects that highlight your commitment to this cause.
Tailor Your CV and Cover Letter:Make sure to customise your CV and cover letter for the Senior Actuarial Analyst role. Highlight your experience in risk management and regulatory compliance, as these are key areas for us. We want to see how you can contribute to our mission!
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language to describe your skills and experiences, especially those related to actuarial work. We appreciate clarity and want to understand your qualifications quickly.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find more information about our company culture and values there.
How to prepare for a job interview at Centrica - CHP
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll be dealing with technical provisions and risk management. Brush up on your understanding of Solvency II and the key metrics relevant to the role. Be prepared to discuss how you would assess assumptions and ensure robust actuarial outputs.
✨Showcase Your Curiosity
This role requires a proactive mindset and a desire to develop across multiple actuarial disciplines. During the interview, share examples of how you've sought out new learning opportunities or tackled challenges in previous roles. This will demonstrate your commitment to growth and adaptability.
✨Engage with Stakeholders
Strong communication skills are essential for influencing senior stakeholders. Prepare to discuss how you've successfully engaged with different teams or departments in the past. Think about specific instances where your communication made a difference in decision-making or project outcomes.
✨Understand the Bigger Picture
The company is focused on creating a greener future, so it's important to align your values with theirs. Research their initiatives and be ready to discuss how your work as an actuary can contribute to their mission. Showing that you understand their goals will set you apart from other candidates.
