At a Glance
- Tasks: Explore finance through rotations, support reporting, and improve processes.
- Company: Join a forward-thinking company committed to diversity and innovation.
- Benefits: Competitive salary, private medical insurance, 28 days leave, and full study support.
- Other info: Dynamic teams with opportunities for growth and development.
- Why this job: Gain hands-on experience while working towards your actuarial qualification.
- Qualifications: Progress in FIA exams and previous actuarial experience preferred.
The predicted salary is between 30000 - 40000 £ per year.
As an Actuarial Analyst, you will be provided with opportunities to explore the business by working in various teams within PIC’s Finance department through our rotation programme. You will also be supported to continue to gain your professional actuarial qualification with the Institute and Faculty of Actuaries (IFoA). You will start your rotation within the Actuarial Reporting team and will then gain experience across various other Finance teams.
Responsibilities
- Support the preparation of internal monthly reporting and analysis, including information for year-end and half-year reports
- Support the preparation of information for use in hedging, forecasting and planning
- Identify and support the implementation of improvements to the reporting processes
- Ensure controls and reviews are followed, following up with senior team members if there are any issues
- Ensure documentation is kept up to date
- Support the Head of Actuarial Reporting in other ad hoc actuarial investigations and other projects as they arise
Teams through which you may rotate following your time in the Actuarial Reporting team include Automation & Insight, Capital, MA and Investment Business Partnering, Stress and Scenario Testing, Actuarial Modelling & Data, Financial Planning and Analysis and Origination Business Partnering.
Experience
- Demonstrated progress through the FIA examinations with the intention to qualify as a Fellow of the IFoA
- Previous actuarial experience gained whilst working within a professional environment e.g. insurer, consultancy
Knowledge
- Some technical knowledge of financial reporting in a UK life insurance environment is desirable
- Knowledge of UK DB pensions and/or bulk annuities and familiarity with actuarial modelling software e.g. RAFM are desirable
Skills
- Strong numerical and analytical skills, particularly analysis and investigation of financial results from actuarial models
- Good organisational skills to prioritise work to meet deadlines
- Good communication skills, particularly the ability to convey messages behind financial impacts to senior actuaries
- Strong understanding and competence of using MS Excel
- Ability to work within defined procedures as recommended by functional teams
Desirable
- Good working knowledge of MS PowerPoint, MS Word, etc.
- Ability to persuade and influence both directly and indirectly and commercial judgement
DEI at PIC
At PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences. We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio-economic background, feels valued, heard and empowered to succeed. We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community. While we’re proud of our progress, we recognise there’s work ahead, and we remain dedicated to listening, learning and evolving together.
Benefits
In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more. You will also have full study support to qualify as a Fellow of the Institute and Faculty of Actuaries.
Actuarial Analyst in London employer: LGBT Great
Contact Detail:
LGBT Great Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at PIC on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical knowledge. Make sure you can discuss financial reporting and actuarial modelling confidently. We want to see that you know your stuff!
✨Tip Number 3
Show off your analytical skills during the interview. Be ready to tackle some real-world problems or case studies. We love candidates who can think on their feet and provide solutions!
✨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, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Actuarial Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Analyst role. Highlight your relevant experience, especially any actuarial work or progress through FIA exams. We want to see how your skills match 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 actuarial work and how you can contribute to our Finance department. Keep it concise but engaging – we love a good story!
Showcase Your Skills: Don’t forget to highlight your numerical and analytical skills in your application. Mention any experience with MS Excel or actuarial modelling software, as these are key for the role. We’re keen to see how you tackle financial results!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at StudySmarter!
How to prepare for a job interview at LGBT Great
✨Know Your Numbers
As an Actuarial Analyst, you'll be dealing with a lot of numerical data. Brush up on your analytical skills and be prepared to discuss how you've used them in previous roles. Think about specific examples where your analysis led to significant insights or improvements.
✨Understand the Business
Familiarise yourself with the finance department's structure and the various teams you might rotate through. Show that you understand how actuarial reporting fits into the bigger picture of financial planning and analysis. This will demonstrate your genuine interest in the role and the company.
✨Communicate Clearly
Strong communication skills are key for this position. Practice explaining complex financial concepts in simple terms. You might be asked to convey the implications of financial results to senior actuaries, so being able to articulate your thoughts clearly will set you apart.
✨Show Your Commitment to Learning
Since the role supports your journey towards becoming a Fellow of the IFoA, express your enthusiasm for continuous learning. Discuss your progress with FIA examinations and any relevant experiences that showcase your dedication to professional development in the actuarial field.