At a Glance
- Tasks: Support capital modelling, risk management, and regulatory reporting in a dynamic actuarial role.
- Company: Join Centrica, a family of brands driving a cleaner, greener future.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and career development.
- Why this job: Make a real impact on a greener future while developing your actuarial skills.
- Qualifications: Part-qualified actuary with analytical skills and coding experience in Python or R.
The predicted salary is between 50000 - 60000 £ per year.
We are Centrica! We're so much more than an energy company. We're a family of brands revolutionising a cleaner, greener future. Working here is #MoreThanACareer - we're powered by purpose. Together we can make an impact that will truly change tomorrow. Whether you're developing cutting-edge green tech, helping customers on the front line or simplifying operations behind the scenes. Your work here isn't just a job - it's a mission. We all play a vital role in energising a greener, fairer future.
We're looking for a Senior Actuarial Analyst to join our Capital & Financial Risk teams at British Gas. This is a standout opportunity to step into a broad actuarial role, where you'll work across capital, risk, regulatory reporting, and model development, not just one narrow discipline. You'll play a key role in supporting our Solvency II partial internal model, contributing to capital decision-making and regulatory insight, while working closely with the Head of Financial Risk & Actuarial on high-profile activities such as the ORSA and Actuarial Function Report.
Location: We offer a hybrid approach, with home working alongside time in our Windsor or London offices for team collaboration.
What you'll be doing:
- Capital Modelling & Reporting: Support the delivery of regulatory and economic capital results for senior stakeholders. Run elements of the capital model and produce high-quality, review-ready outputs. Contribute to validation, testing, and internal controls for PRA submissions. Support wider capital and strategic initiatives.
- Model Development & Insight: Enhance and develop components of the Solvency II internal model. Build forecasting tools and GLMs to generate business insights. Identify opportunities to use modelling to inform commercial decision-making. Drive process improvement across the capital team.
- Risk Management & Regulatory Oversight: Support production of key deliverables including the ORSA and Actuarial Function Report. Contribute to stress and scenario testing and review of technical provisions. Support oversight activities across underwriting, dividends, and risk appetite. Work closely with the PRA compliance team, including horizon scanning and regulatory monitoring.
Here's who we're looking for:
- Part-qualified actuary, making good progress with IFoA exams.
- Experience in insurance or a consultancy would be desirable.
- Exposure to Solvency II, ideally within capital modelling, reporting, or risk.
- Strong analytical skills with the ability to interpret complex datasets.
- Experience with GLMs, simulation, or statistical modelling techniques.
- Coding capability (Python or R) and experience with data visualisation tools (e.g. Power BI).
- A confident communicator, comfortable taking ownership and working with non-technical stakeholders.
Senior Actuarial Analyst - Windsor in Kingsland employer: Centrica
At Centrica, we pride ourselves on being more than just an energy company; we are a community dedicated to creating a sustainable future. As a Senior Actuarial Analyst in our Windsor office, you'll enjoy a hybrid work model that fosters collaboration while allowing for flexibility. Our supportive work culture encourages professional growth and innovation, making it an ideal environment for those looking to make a meaningful impact in the world of finance and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuarial Analyst - Windsor in Kingsland
✨Tip Number 1
Network like a pro! Reach out to current employees at Centrica on LinkedIn or through industry events. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since you're applying for a Senior Actuarial Analyst role, be ready to discuss Solvency II and capital modelling in detail. Show us you know your stuff!
✨Tip Number 3
Practice your communication skills! You'll need to explain complex data to non-technical stakeholders, so work on making your explanations clear and engaging. We want to see you shine in those interviews!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our mission for a greener future.
We think you need these skills to ace Senior Actuarial Analyst - Windsor in Kingsland
Some tips for your application 🫡
Show Your Passion for Purpose:When writing your application, let your enthusiasm for making a positive impact shine through. We’re all about energising a greener future, so share how your values align with our mission and why you want to be part of this journey.
Tailor Your Experience:Make sure to highlight your relevant experience in actuarial roles, especially around capital modelling and risk management. We want to see how your skills can contribute to our team, so don’t hold back on showcasing your achievements!
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language to describe your skills and experiences, as we appreciate a well-structured application that’s easy to read. Remember, less is often more!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be set!
How to prepare for a job interview at Centrica
✨Know Your Stuff
Make sure you brush up on your knowledge of Solvency II and capital modelling. Familiarise yourself with the latest regulatory requirements and be ready to discuss how your experience aligns with these. This shows you're not just a candidate, but someone who understands the industry.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess. Bring examples of complex datasets you've worked with and how you've interpreted them to drive business insights. If you can, share specific instances where your modelling skills made a difference in decision-making.
✨Communicate Confidently
As a Senior Actuarial Analyst, you'll need to communicate with non-technical stakeholders. Practice explaining complex concepts in simple terms. This will not only help you during the interview but also show that you can bridge the gap between technical and non-technical teams.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company’s vision for a greener future. This demonstrates your genuine interest in Centrica and its mission. It also gives you a chance to assess if this is the right fit for you, too!
