At a Glance
- Tasks: Join our Risk & Actuarial team to manage risk and influence decision-making.
- Company: British Gas, a leader in sustainable energy solutions.
- Benefits: Flexible working, career development, and a supportive team environment.
- Other info: Dynamic role with exposure to senior stakeholders and regulatory frameworks.
- Why this job: Make a real impact on sustainability while growing your actuarial skills.
- Qualifications: Part-qualified actuary with experience in insurance or consultancy.
The predicted salary is between 40000 - 50000 £ per year.
We're so much more than an energy company. We're a family of brands revolutionising how we power the planet. 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.
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.
We offer a blend of home and office working, with team time at our Windsor site when needed. 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
- Help assess assumptions and ensure robust actuarial outputs
- 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
A part-qualified actuary, progressing well through IFoA exams. Experience within insurance (ideally GI), consultancy, or actuarial risk. Curiosity and a desire to develop across multiple actuarial disciplines.
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.
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.
Actuarial Analyst + Senior Analyst in Newcastle upon Tyne employer: Centrica - CHP
At British Gas, we pride ourselves on being more than just an energy provider; we are a community of 21,000 passionate individuals dedicated to creating a sustainable future. Our supportive work culture fosters collaboration and innovation, offering flexible home and office working arrangements at our Windsor site, alongside ample opportunities for professional growth across various actuarial disciplines. Join us to make a meaningful impact while advancing your career in a role that values your contributions and prioritises your development.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst + Senior Analyst in Newcastle upon Tyne
✨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.
✨Connect on Professional Platforms
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 Centrica - CHP. 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 + Senior Analyst in Newcastle upon Tyne
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 Centrica - CHP.
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 Centrica - CHP'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 Centrica - CHP
✨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 Centrica - CHP.
✨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 Centrica - CHP 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 Centrica - CHP 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.
