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 model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and career advancement.
- 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 Knaphill 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 Knaphill
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Centrica on LinkedIn. A friendly chat can give us insider info and maybe even a referral, which can really boost our chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since this role involves capital modelling and regulatory reporting, we should be ready to discuss our experience with Solvency II and any relevant projects we've worked on.
✨Tip Number 3
Show off our analytical skills! During interviews, we can share specific examples of how we've used data to drive decisions or improve processes. This will demonstrate our ability to contribute to the team right away.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets seen by the right people. Plus, it shows we're genuinely interested in being part of the Centrica family.
We think you need these skills to ace Senior Actuarial Analyst - Windsor in Knaphill
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Senior Actuarial Analyst role. Highlight your experience with Solvency II, capital modelling, and any relevant coding skills. We want to see how you can contribute to our mission!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about working with us at Centrica and how your background aligns with our goals. Show us your enthusiasm for making an impact in a greener future.
Showcase Your Analytical Skills:In your application, don’t forget to mention specific examples of how you've used your analytical skills to solve problems or improve processes. We love seeing how candidates have made a difference in their previous roles!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our company culture there!
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 key concepts and recent developments in the field. This will not only help you answer technical questions but also show that you're genuinely interested in the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to solve complex problems. Think about times when you've worked with datasets or developed models, and be ready to explain your thought process and the impact of your work.
✨Communicate Clearly
As a Senior Actuarial Analyst, you'll need to communicate with non-technical stakeholders. Practice explaining complex actuarial concepts in simple terms. This will demonstrate your ability to bridge the gap between technical and non-technical teams.
✨Ask Insightful Questions
Prepare some thoughtful questions about the company's approach to risk management and capital modelling. This shows that you're engaged and eager to understand how you can contribute to their mission of energising a greener future.
