At a Glance
- Tasks: Support Home Care insurance products and manage risk effectively.
- Company: Join British Gas's dynamic Risk & Actuarial team.
- Benefits: Flexible working options, competitive salary, and career development opportunities.
- Other info: Gain exposure to senior stakeholders and diverse actuarial disciplines.
- Why this job: Make a real impact on risk management and regulatory compliance.
- Qualifications: Part-qualified actuary with experience in insurance or consultancy.
The predicted salary is between 50000 - 60000 £ per year.
We're looking for a Senior Actuarial Analyst to join our Risk & Actuarial team at British Gas. Below, you will find a complete breakdown of everything required of potential candidates, as well as how to apply. Good luck.
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.
Senior Actuarial Analyst in Maidenhead employer: Centrica
At British Gas, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation. Our Senior Actuarial Analyst role provides not only competitive benefits and flexible working arrangements, including a blend of home and office work at our Windsor site, but also significant opportunities for professional growth across various actuarial disciplines. Join us to make a meaningful impact in a customer-focused environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuarial Analyst in Maidenhead
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at British Gas. 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.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with Solvency II and your understanding of risk management. We want to see how your skills can directly contribute to their team, so be ready to share specific examples of your work!
✨Prepare for the Interview
Do your homework on British Gas and their Home Care insurance products. We recommend preparing some thoughtful questions about their risk management strategies and regulatory compliance. This shows you’re genuinely interested and ready to dive into the role!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage with us directly. Good luck!
We think you need these skills to ace Senior Actuarial Analyst in Maidenhead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Senior Actuarial Analyst role. Highlight your experience in risk management, technical provisions, and any relevant regulatory knowledge to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit for our Risk & Actuarial team. Don’t forget to mention your curiosity and proactive mindset!
Showcase Your Communication Skills:Since strong communication is key for this role, make sure to demonstrate your ability to engage and influence stakeholders in your application. Use clear and concise language to convey your ideas effectively.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at Centrica
✨Know Your Actuarial Stuff
Make sure you brush up on your knowledge of Solvency II and the key actuarial principles relevant to the role. Be ready to discuss how you've applied these concepts in previous roles or projects, as this will show your understanding and readiness for the position.
✨Showcase Your Communication Skills
Since the role involves engaging with senior stakeholders, practice articulating complex actuarial concepts in a clear and concise manner. Prepare examples of how you've successfully communicated insights or influenced decisions in past experiences.
✨Demonstrate Curiosity and Proactivity
Employers love candidates who are eager to learn and take initiative. Think of instances where you've gone beyond your usual responsibilities to explore new areas or improve processes, especially in risk management or regulatory compliance.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle real-world scenarios. Practice answering questions related to stress testing, scenario analysis, and how you would approach regulatory challenges, as these are crucial for the role.
