At a Glance
- Tasks: Develop and maintain pricing models for annuities while analyzing policyholder data.
- Company: Join a fast-growing Life & Pensions provider with exciting growth plans.
- Benefits: Enjoy flexible hybrid working, full study support, and exam funding.
- Why this job: Gain exposure to innovative solutions and collaborate with experienced professionals in a supportive culture.
- Qualifications: Part-qualified actuary with at least 1 year of relevant experience and strong analytical skills.
- Other info: Opportunities for organic progression over the next 1-3 years.
The predicted salary is between 36000 - 60000 £ per year.
Actuarial Analyst – Annuities business
IGA Talent Solutions is delighted to partner with a fast-growing medium-sized Life & Pensions provider. As the organisation plans significant growth in the bulk annuities space, this role offers exciting organic progression opportunities over the next 1-3 years.
Based in the South UK Team with flexible hybrid working, this is an exciting opportunity to join a friendly and skilled pricing team at the forefront of designing and scaling innovative solutions for bulk annuity business.
Why Join?
- Enjoy the career and developmental benefits of an organisation that is growing fast and well funded.
- Benefit from a full study support scheme and exam funding to qualify.
- Develop and maintain pricing models for annuity and bulk annuity business, aligned with the company’s growth trajectory.
- Prepare and analyse policyholder data, including addressing data gaps using innovative methods.
- Support valuation processes across Solvency II, UK GAAP, and IFRS17 frameworks.
- Contribute to experience investigations and refine pricing assumptions.
- Collaborate with experienced professionals, gaining exposure to various facets of the business.
Ideal Profile:
- Part-qualified actuary making progress with exams.
- At least 1 year actuarial experience in pensions or a similar role within an insurer
- Knowledge of pricing activities / cashflow modelling is desirable
- Understanding of UK DB Pensions and Annuity pricing concepts.
- Great communication and analytical skills, with a proactive approach to problem-solving.
- A desire to become a more well-rounded actuary as you develop your skills, knowledge & experience
Join a fast-growing organisation offering a supportive culture, opportunities for career progression, and a dynamic work environment.
Apply with your CV today!
~ IGA Team
Actuarial Analyst - Annuities business employer: IGA Talent Solutions
Contact Detail:
IGA Talent Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst - Annuities business
✨Tip Number 1
Make sure to highlight your actuarial experience, especially in pensions or similar roles. This will show that you have the relevant background and understanding of the industry, which is crucial for this position.
✨Tip Number 2
Familiarize yourself with UK DB Pensions and Annuity pricing concepts. Being able to discuss these topics confidently during your interview will demonstrate your knowledge and commitment to the role.
✨Tip Number 3
Prepare to discuss your experience with pricing models and cashflow modelling. Providing specific examples of how you've contributed to these areas in previous roles can set you apart from other candidates.
✨Tip Number 4
Showcase your communication and analytical skills by preparing questions about the company's growth trajectory and how you can contribute to it. This will reflect your proactive approach and genuine interest in the role.
We think you need these skills to ace Actuarial Analyst - Annuities business
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant actuarial experience, particularly in pensions or similar roles. Emphasize any progress you've made with your exams and your understanding of UK DB Pensions and Annuity pricing concepts.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for the actuarial field and your desire to grow within the industry. Mention specific skills that align with the job description, such as your analytical abilities and proactive problem-solving approach.
Highlight Relevant Skills: In your application, focus on your communication skills and any experience you have with pricing activities or cashflow modeling. This will demonstrate your fit for the role and your ability to contribute to the pricing team.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in the actuarial profession.
How to prepare for a job interview at IGA Talent Solutions
✨Showcase Your Actuarial Knowledge
Be prepared to discuss your understanding of pricing activities and cashflow modeling. Highlight any relevant experience you have in pensions or similar roles, as this will demonstrate your capability to contribute effectively to the team.
✨Demonstrate Problem-Solving Skills
Prepare examples of how you've approached complex problems in the past. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your analytical skills and proactive approach.
✨Communicate Effectively
Since great communication is key for this role, practice explaining technical concepts in simple terms. This will show that you can collaborate with various stakeholders and contribute to a friendly team environment.
✨Express Your Career Aspirations
Discuss your desire to grow as an actuary and how this role aligns with your career goals. Mention your commitment to continuing education and how the company's study support scheme can help you achieve your professional qualifications.