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 Sandhurst 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 Sandhurst
✨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 is always a bonus!
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since you're eyeing 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
Don’t just wait for job postings! Keep an eye on our website and apply directly. Sometimes, the best opportunities come from being proactive and showing your enthusiasm for working with us.
✨Tip Number 4
Practice your communication skills! You’ll need to explain complex data to non-technical stakeholders, so make sure you can break it down simply. We want to see that you can connect with everyone on the team!
We think you need these skills to ace Senior Actuarial Analyst - Windsor in Sandhurst
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for the role and our mission shine through. We want to see how you can contribute to a greener future and why you're excited about joining our team.
Tailor Your CV:Make sure your CV is tailored to the Senior Actuarial Analyst position. Highlight relevant experience in capital modelling, risk management, and any exposure to Solvency II. We love seeing how your skills align with what we’re looking for!
Be Clear and Concise:Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to complex topics like actuarial work.
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, it shows you’re keen on being part of our family at Centrica.
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 how they impact decision-making. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess during the interview. Bring examples of how you've interpreted complex datasets in the past, and be ready to discuss any GLMs or statistical modelling techniques you've used. This will highlight your suitability for the role.
✨Communicate Clearly
As a Senior Actuarial Analyst, you'll need to work with non-technical stakeholders. Practice explaining complex actuarial concepts in simple terms. This will not only showcase your expertise but also your ability to collaborate effectively across teams.
✨Ask Insightful Questions
Prepare some thoughtful questions about the company's approach to risk management and capital reporting. This shows your genuine interest in the role and helps you understand how you can contribute to their mission of a greener future.
