Actuary Graduate in London

Actuary Graduate in London

London Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Hastings Insurance Services Limited

At a Glance

  • Tasks: Support monthly reserving analyses and develop Python tools for data insights.
  • Company: Dynamic actuarial firm focused on innovation and collaboration.
  • Benefits: Flexible salary, hybrid working, healthcare plan, and 25 days annual leave.
  • Other info: Inclusive environment with excellent career growth and support for all.
  • Why this job: Join a team using AI and advanced analytics to drive impactful decisions.
  • Qualifications: Numerical degree with strong analytical skills and interest in Python.

The predicted salary is between 30000 - 40000 £ per year.

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 established actuarial techniques such as Chain Ladder and Bornhuetter-Ferguson.
  • analyse and interpret trends in claims experience, working with large datasets through SQL to ensure robust and accurate outputs.
  • help 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, while collaborating closely with teams across Pricing, Underwriting, Claims, and Finance to deliver joined‑up, data‑driven insights.

Qualifications

  • A 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 – hybrid approach within a reasonable commuting distance.
  • 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 the Thrive mental health app.
  • Colleague assistance programme.
  • 25 days annual leave and social events throughout the year.

We are 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 and let us provide the support you need to ensure a fair and accessible experience for all.

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Hastings Insurance Services Limited

Contact Details:

Hastings Insurance Services Limited Recruitment Team

We think you need these skills to ace Actuary Graduate in London

Actuarial Techniques
Claims Development Analysis
IBNR Estimation
Chain Ladder Method
Bornhuetter-Ferguson Method
Data Analysis
SQL