At a Glance
- Tasks: Analyse data, support reserving activities, and develop actuarial skills in a dynamic team.
- Company: Join Conduit Re, a collaborative reinsurance company with a focus on innovation.
- Benefits: Sponsorship for actuarial qualifications, competitive salary, and professional development opportunities.
- Other info: Dynamic environment with excellent growth opportunities and a supportive team culture.
- Why this job: Kickstart your actuarial career while making a real impact in the reinsurance industry.
- Qualifications: Degree in Actuarial Science or related field; progress towards an actuarial qualification preferred.
The predicted salary is between 30000 - 40000 £ per year.
This role is suited to an individual who is considering or has started working towards an actuarial career, with a keen interest in data, analytics, financial modelling and problem‑solving. Sponsorship through an actuarial qualification is available. Reporting to the Head of Reserving, the Actuarial Analyst supports the delivery of Conduit Re’s reserving activities, contributing to the analysis, monitoring and reporting of the Company’s reserves. Working closely with the Reserving team and broader actuarial function, the role provides exposure to core actuarial processes, including data analysis, model support and reporting within a dynamic reinsurance environment. This position offers the opportunity to develop technical actuarial skills, gain exposure to reinsurance reserving practices, and build a strong foundation within a collaborative actuarial team.
Duties and responsibilities:
- Work across the Actuarial team, as time permits, to prepare, analyse and evaluate data, providing insights to the team and wider business.
- Analyse external benchmarking data to supplement analysis across the Actuarial function.
- Assist with the development and maintenance of dashboards and reporting tools (e.g., Power BI).
- Undertake research to support reserving, pricing or capital modelling activities as required.
- Support the Reserving team with reserving analysis, production of reports and Committee papers.
- Assist with maintaining reserving models and updating key assumptions and parameters.
- Contribute to understanding experience drivers and reserve movements.
- Support the Pricing and Capital Modelling teams through data entry, analysis and model maintenance as required.
- Collaborate with wider business teams to support actuarial insights and outputs.
Qualifications and experience:
- Bachelor’s, or postgraduate degree in Actuarial Science, Mathematics, Economics, Statistics or other relevant numerate subject.
- Progress towards an actuarial qualification is preferred.
- Foundational understanding of statistical and mathematical techniques applicable to the (re)insurance industry.
- Strong analytical capability, with the ability to work with data, identify trends and support problem‑solving activities.
- Experience working with data databases and data management tools, including SQL or similar technologies, is advantageous.
- Exposure using analytical and programming tools such as R, R Shiny and/or Python is beneficial.
- Exposure to actuarial tools or data visualisation tools (e.g. PowerBI) is beneficial.
- Interest in developing technical skills in modelling, data analysis and actuarial methodologies.
- Strong organisational and time management skills, with the ability to prioritise and manage multiple tasks.
- Ability to adapt to changing work demands and deliver within deadlines.
- Strong attention to detail and commitment to producing high‑quality work.
- Good interpersonal, written and verbal communication skills.
- Collaborative team player, comfortable working independently and as part of a wider team.
- Proactive and motivated, with a willingness to learn and develop.
Conduit Services Limited is an Equal Opportunity Employer.
Actuarial Analyst in Pembroke employer: Conduit Reinsurance Limited
Conduit Services Limited is an exceptional employer for aspiring actuarial professionals, offering a supportive environment where you can develop your technical skills and gain invaluable exposure to the reinsurance industry. With sponsorship for actuarial qualifications and a collaborative team culture, employees are encouraged to grow and thrive while contributing to meaningful projects that shape the future of the business. Located in a dynamic setting, this role provides unique opportunities for professional development and engagement with cutting-edge analytical tools.
Contact Details:
Conduit Reinsurance Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst in Pembroke
✨Network Like a Pro
Get out there and connect with people in the actuarial field! Attend industry events, join online forums, or even hit up LinkedIn. The more connections we make, the better our chances of landing that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your analytical skills and any projects you've worked on. We want them to see how passionate and capable we are in data analysis and financial modelling.
✨Ace the Interview
Prepare for those interviews by practising common actuarial questions and scenarios. We should also be ready to discuss our experience with tools like SQL, R, or Power BI. Confidence is key, so let’s show them what we’ve got!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re genuinely interested in being part of the team at Conduit Re.
We think you need these skills to ace Actuarial Analyst in Pembroke
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Actuarial Analyst role. Highlight any relevant coursework, projects, or internships that showcase your analytical capabilities and interest in data.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about an actuarial career and how your background aligns with our needs. Be sure to mention any specific tools or techniques you’re familiar with, like SQL or Power BI.
Showcase Your Problem-Solving Skills:In your application, don’t just list your skills—demonstrate them! Share examples of how you've tackled complex problems or analysed data in previous roles or projects. This will show us you’re ready for the challenges of the job.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. 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 Conduit Reinsurance Limited
✨Know Your Numbers
Brush up on your statistical and mathematical techniques relevant to the actuarial field. Be prepared to discuss how you've applied these skills in past experiences or projects, as this will show your analytical capability and problem-solving skills.
✨Familiarise with Tools
Make sure you’re comfortable with data management tools like SQL and analytical programming languages such as R or Python. If you’ve used Power BI or similar data visualisation tools, be ready to share specific examples of how you’ve leveraged them in your work.
✨Show Your Collaborative Spirit
This role involves working closely with various teams, so highlight your teamwork experience. Share instances where you collaborated effectively, supported others, or contributed to group projects, showcasing your ability to be a proactive team player.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s reserving practices or the actuarial processes they use. This not only shows your genuine interest in the role but also demonstrates your eagerness to learn and grow within the team.
