Actuary Graduate

Start your career as an Actuarial Graduate in Reserving at Hastings Direct. We’re looking for a highly motivated and intellectually curious individual to join our Group Actuarial Function. You will help estimate the cost of future claims for our Motor and Household insurance portfolios while developing strong actuarial and analytical skills. The function includes both Reserving and Capital Modelling teams, providing exposure to Solvency UK requirements. You will also contribute to the development of modern actuarial tooling, including Python and AI‑driven solutions to automate processes and enhance analysis.

Responsibilities

• Support the production of monthly and quarterly reserving analyses, including maintaining claims development triangles and contributing to the estimation of IBNR and ultimate claims costs using Chain Ladder and Bornhuetter‑Ferguson techniques.
• Analyze and interpret trends in claims experience, working with large datasets through SQL to ensure robust and accurate outputs.
• Build and maintain reserving models and develop Python‑based tools to enhance analysis and automate processes.
• Explore AI‑enabled solutions and agent‑based workflows to improve efficiency and insight generation.
• Support capital reporting activities and develop an understanding of key capital drivers, collaborating closely with Pricing, Underwriting, Claims and Finance teams.

Qualifications

• Numerical or actuarial degree with first class (or predicted first class) honours.
• High analytical ability and attention to detail.
• Strong problem‑solving skills.
• Clear communication skills.
• Understanding of actuarial concepts.
• Experience in data analysis or coding, preferably in Python and SQL.
• Interest in Python for modelling and automation.
• Interest in AI and advanced analytics workflows.

Benefits

• Competitive and flexible salary.
• Flexible working approach – hybrid days at office and home.
• Competitive Bonus Scheme (subject to company and personal performance).
• Healthcare cash plan and private medical insurance.
• Pension matched up to 10%.
• Free Mortgage Advice.
• Access to Thrive mental health app.
• Colleague assistance programme.
• 25 days annual leave and social events throughout the year.

Equal Opportunity and References

Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks. At Hastings Direct, we’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.