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 advancement.
- Why this job: Make a real impact on a sustainable 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 St Albans 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 St Albans
✨Tip Number 1
Network like a pro! Reach out to current employees at Centrica on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss Solvency II and capital modelling, as well as showcase your coding chops in Python or R.
✨Tip Number 3
Show your passion for sustainability! Centrica is all about energising a greener future, so be ready to share how your work as a Senior Actuarial Analyst can contribute to that mission.
✨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 serious about joining the team.
We think you need these skills to ace Senior Actuarial Analyst - Windsor in St Albans
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 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 by discussing past projects where you've interpreted complex datasets. Bring examples of how you've used GLMs or statistical modelling techniques to drive insights, as this will resonate well with the interviewers.
✨Practice Your Communication
Since you'll be working with non-technical stakeholders, practice explaining complex actuarial concepts in simple terms. This will help you convey your ideas clearly and show that you can bridge the gap between technical and non-technical teams.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving skills, especially around risk management and regulatory oversight. Think of scenarios where you've had to make decisions based on data analysis and be prepared to discuss your thought process.
