At a Glance
- Tasks: Build predictive models and collaborate with teams to enhance insurance pricing.
- Company: Join a leading chartered MGA known for innovation in Pricing & Actuarial.
- Benefits: Flexible remote work, competitive salary, and opportunities for professional growth.
- Other info: Inclusive workplace culture that values diversity and empowers all employees.
- Why this job: Make a real impact in the insurance industry while developing your analytical skills.
- Qualifications: Strong statistical knowledge and advanced Excel skills; programming experience is a plus.
The predicted salary is between 29700 - 36300 £ per year.
We have an exciting opportunity to join our Pricing & Actuarial team as an Actuarial Analyst, where you’ll build predictive models, deliver robust actuarial analysis, and collaborate with underwriters, claims, and business teams to ensure our specialist insurance products are competitively and accurately priced. You’ll be doing pricing projects to provide high-quality insights to senior management and insurer partners.
What will you do as an Actuarial Analyst:
- Build technically sound predictive models to identify underlying drivers of claims’ cost (GLMs, GBMs) and training will be provided on this.
- Work directly with underwriters, claims, reserving and other business stakeholders to understand the commercial context of analysis to ensure it is accurate and valuable.
- Build relationships, being recognised as a dependable contact for both internal and external customers.
- Ensure that work is produced to agreed deadlines and required standards of accuracy.
- Organising impact analyses to understand the effects of proposed modelling.
- Finalising statements concerning the aggregation of risk for example exposure to flooding by postcode mapping.
- Processing of data, including reconciliation, cleaning and other preparation ready for actuarial investigation.
- Constantly develop knowledge and skills by undertaking training in line with agreed development plan including mandatory training and keep up to date with technical, legal and market developments via use of various learning materials.
- Maintain data quality and adhere to all relevant governance when producing work.
What are we looking for in our Actuarial Analyst?
We’re looking for someone with strong statistical knowledge (minimum grade B at A-level Mathematics or equivalent), advanced Excel skills, and experience with programming (R, Python, SQL, or actuarial software is a plus). If you thrive in a fast-paced, responsive environment and are passionate about innovation in insurance pricing, we’d love to hear from you.
Everywhen is an equal opportunities employer, with a growing and thriving diversity, equity and inclusion strategy; we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.
Actuarial Analyst in London employer: Everywhen, part of the Ardonagh Group Careers
Join our dynamic team in East Grinstead, where we prioritise a supportive work culture that fosters personal and professional growth. As an Insurance Account Executive, you'll enjoy the flexibility to build meaningful client relationships while benefiting from a diverse range of products to offer. We believe in creating a fun and engaging environment that empowers our employees to thrive in their careers within a rapidly growing business.
Contact Details:
Everywhen, part of the Ardonagh Group Careers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Everywhen, part of the Ardonagh Group Careers). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Everywhen, part of the Ardonagh Group Careers. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Actuarial Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Everywhen, part of the Ardonagh Group Careers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Everywhen, part of the Ardonagh Group Careers. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Everywhen, part of the Ardonagh Group Careers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Everywhen, part of the Ardonagh Group Careers to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Everywhen, part of the Ardonagh Group Careers, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Everywhen, part of the Ardonagh Group Careers's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
