At a Glance
- Tasks: Support senior actuaries in managing ALM positions and perform quantitative analysis.
- Company: Join a fast-growing company dedicated to helping customers enjoy their retirement.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Why this job: Make a real impact in the financial sector while developing your skills in a supportive environment.
- Qualifications: Proficiency in Python and experience in model development; knowledge of ALM is a plus.
- Other info: Enjoy a hybrid work model and access to mental health resources.
The predicted salary is between 36000 - 60000 £ per year.
Location: London – hybrid 50%
Contract: Permanent
Hours: 35 hours
Purpose
Senior Actuarial Analyst supports senior actuaries and heads in the Asset Liability Management (ALM) team in managing the ALM position of the Group and to assist with managing the ongoing capital adequacy of the Group especially in relation to exposure to market risks.
About Just
We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do. This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.
Key responsibilities
- Support senior team members in defining principles and practices for the investment of assets to ensure an efficient and safe ALM position is maintained over time.
- Perform the quantitative analysis for the forward-looking ALM position of each regulated insurance entity, and the overall Group, and assist with recommending actions to ensure the investment portfolio remains appropriate for the liabilities.
- Support senior team members with analysing the efficiency of, and assist developing recommended actions and strategies to manage and optimise, the ALM position in light of overall business objectives (e.g. capital, liquidity, profit) including hedging strategy.
- Support senior members of the team in identifying and recommending actions to maintain the efficiency of the Matching Adjustment Portfolio(s) and to maintain compliance with the Matching Adjustment requirements.
- Perform analysis to support the monthly process to structure assets for inclusion in the Matching Adjustment Portfolio.
What we’re looking for
- Good knowledge of Python or other object orientated programming languages such as C++, C#, Java etc.
- Good knowledge of Excel and VBA.
- Experience of model development and maintenance.
- Proven problem analysis and resolution experience.
- Some exposure to ALM, hedging, capital management or risk management and UK Solvency regulations (SII or SUK) and IFRS 17 would be helpful.
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.
Explore our full range of benefits on our dedicated benefits page.
Be Bold. Be Brilliant. Be Just.
Senior Actuarial Analyst - Python in London employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst - Python in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Senior Actuarial Analyst role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your Python prowess and any cool projects you've worked on. Let them see how you can add value to their ALM team.
✨Prepare for the Interview
Do your homework on the company and the role. Be ready to discuss how your experience aligns with their needs, especially around capital management and risk. Confidence is key!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our mission.
We think you need these skills to ace Senior Actuarial Analyst - Python in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Actuarial Analyst role. Highlight your Python skills and any relevant experience in ALM or risk management. 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 you can contribute to our mission of helping people achieve a better later life. Keep it engaging and personal.
Showcase Your Skills: Don’t forget to showcase your technical skills, especially in Python and Excel. If you've worked on model development or have experience with UK Solvency regulations, make sure to mention that. We love seeing concrete examples of your work!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Just Group plc
✨Know Your Python Inside Out
Make sure you brush up on your Python skills before the interview. Be ready to discuss specific projects where you've used Python, especially in relation to actuarial analysis or ALM. They’ll likely want to see how you can apply your coding skills to real-world problems.
✨Understand ALM Fundamentals
Familiarise yourself with Asset Liability Management concepts and how they relate to capital adequacy and market risks. Be prepared to discuss how you would approach managing an ALM position and any relevant experience you have in this area.
✨Showcase Your Analytical Skills
Prepare to demonstrate your problem analysis and resolution skills. Think of examples where you've tackled complex issues, particularly in a financial context. They’ll be looking for your ability to think critically and provide actionable insights.
✨Be Ready for Technical Questions
Expect technical questions related to Excel, VBA, and possibly other programming languages like C++ or Java. Brush up on your knowledge and be ready to explain how you’ve used these tools in your previous roles, especially in model development and maintenance.