At a Glance
- Tasks: Support the development and maintenance of actuarial systems and tools.
- Company: Join a leading insurance firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, generous leave, private medical cover, and a bonus scheme.
- Other info: Great career progression opportunities and a supportive work environment.
- Why this job: Make a real impact in the actuarial field while developing your skills.
- Qualifications: IFoA member, experience in actuarial modelling, and strong IT skills.
The predicted salary is between 30000 - 40000 £ per year.
As the Actuarial Analyst- Systems, you will support the development and maintenance of actuarial systems, models and tools used by the Actuarial Department. You will support the implementation of approved business requirements necessary to support regulatory requirements, new products, reinsurance structures, management information and external reporting requirements. You will also support the delivery of work designed to improve the robustness and efficiency of the Actuarial Department through process improvements, make system enhancements and implement an adequate control framework.
Key Responsibilities
- To support the delivery of systems changes for projects and manage dependencies with the wider change delivery and IT processes.
- To support the implementation of new requirements into the actuarial systems, model and tools.
- To support the model maintenance program for one or more systems with regular engagement and effective communication with user groups and senior managers. This includes maintaining consistency with other systems.
- To support the model steward responsible for systems release cycles and processes ensuring application of control frameworks and release timeframes.
- To support the implementation of systems solutions in line with the Actuarial Department Systems Strategy.
- To contribute to design and architecture work and interface with IT in technical areas such as database administration, infrastructure and associated IT tools.
- To support the identification and delivery of improvements to Actuarial Department processes.
- To support the control framework for the development, management and release of actuarial valuation tools, including delivering appropriate documentation and compliance with relevant requirements (specifically TAS and APS X2).
What we are looking for
- Member of IFoA and preferably progressing with exams is essential.
- Knowledge of insurance products and markets.
- Some experience in Actuarial modelling change projects and developing actuarial software.
- Some technical and IT skills and knowledge of development lifecycle and governance.
- Awareness of software development principles and Technical Actuarial Standards.
- Able to assess materiality of issues and determine appropriate course of action.
- Good technical and IT skills (VB.net, SQL, VBA).
- Demonstrable skills with Actuarial Modelling software (e.g. Mo.net, Prophet, RAFM).
- Good verbal, written communication and interpersonal skills, with the ability to present complex financial concepts in a clear and concise manner.
- Awareness of people resource requirements.
- Agile principles, familiarity with AureDevOps, Git or similar systems to manage change and source code.
What’s in it for you
- A competitive salary, pension scheme and life assurance.
- 25 days annual leave plus an additional day on us for your birthday.
- Private medical cover and income protection, just in case.
- A generous and highly achievable bonus scheme.
- Opportunities to progress your career in-role and within the company.
- Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders.
- A variety of employee funded benefits available via our online benefits portal.
- Plus, several additional purchase options available for you and your loved ones.
Actuarial Analyst -Systems in London employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst -Systems in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by practising common actuarial questions and scenarios. We recommend doing mock interviews with friends or mentors to boost your confidence and get feedback on your responses.
✨Tip Number 3
Showcase your skills! Create a portfolio of your projects or any actuarial models you've worked on. This will give potential employers a tangible sense of your capabilities and how you can contribute to their team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Actuarial Analyst -Systems in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Analyst - Systems role. Highlight your experience with actuarial systems, modelling, and any relevant software skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Show Off Your Technical Skills: Don’t forget to showcase your technical skills in your application. Mention your experience with VB.net, SQL, or any actuarial modelling software you’ve used. We’re keen on candidates who can hit the ground running!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Just Group plc
✨Know Your Actuarial Stuff
Make sure you brush up on your knowledge of actuarial systems, models, and tools. Familiarise yourself with the specific software mentioned in the job description, like Mo.net or Prophet, and be ready to discuss how you've used them in past projects.
✨Show Off Your Communication Skills
Since you'll need to present complex financial concepts clearly, practice explaining some of your previous work in simple terms. Think about how you can convey technical information to non-technical stakeholders, as this will be crucial in your role.
✨Demonstrate Your Problem-Solving Abilities
Be prepared to discuss examples where you've identified issues and implemented solutions, especially in relation to actuarial modelling or system enhancements. Highlight your experience with process improvements and how they benefited your team or project.
✨Get Familiar with Agile Principles
Since the role mentions Agile principles and tools like Azure DevOps and Git, it’s a good idea to understand these concepts. Be ready to talk about any experience you have working in Agile environments and how you’ve managed change and source code in past roles.