About the role
We now have a great opportunity for an Actuarial Analyst on a 1 year fixed term contract, to join our Finance department here at NFU Mutual. This opportunity is ideal for a University student who is currently doing an Actuarial Science or Mathematical subject and wants to do a year placement as part of their degree. You’ll be able to gain experience of actuarial work in practice, covering a variety of tasks and the chance to meet and understand the work of other teams in the department. The main purpose of the role is to assist in the preparation and interpretation of complex data as part of Actuarial investigations. Some key accountabilities will include:
- Collect, check and analyse data to allow it to be used in actuarial calculations. Investigate anomalies and recommend amendments as part of the data cleansing process
- Refine and operate actuarial models. Summarise and report results from these models to enable the team to make business decisions in line with regulatory and reporting requirements
- Identify opportunities to improve data analysis techniques and thus assist in ensuring that methodologies and processes adopted remain fit for purpose and in line with industry best practice
- Communicate the output from actuarial models in a manner that conveys the key financial outcomes and risks involved and the sensitivity of results
- Assist in the delivery of short term / one-off projects and activities as required by, and to the standards and outcomes agreed with, the relevant Line or Project Manager
What we're looking for
As an Actuarial Analyst, you'll have a genuine passion and career aspiration to work in the Actuarial field. You will have an inquisitive mindset and be a good problem solver- as well as being very good with numbers! You will also be or have:
- Good standard of academics, including relevant degree or working towards
- Good experience and knowledge of Microsoft Office programmes
- Strong Excel skills
- Able to communicate clearly & confidently with all level of stakeholder
- Strong attention to detail with a high level of accuracy, and able to multi-task
- The ability to simplify complex information
What we can offer
Here at NFU Mutual we pride ourselves on being “a great place to work” and have again been presented with the Gallup Great Workplace Award. With this in mind we offer our employees an excellent array of rewards and benefits including:
- Competitive salary- £26,820
- Up to 10% annual bonus potential
- Contributory pension scheme (company contribution up to 12%)
- Health and wellbeing plan
- 25 days holiday per annum plus bank holidays (additional holiday purchase scheme)
- Staff discounts and offers
About us
One of the UK’s leading general insurance and financial services companies, NFU Mutual has been meeting our customers’ needs for over 100 years. Our employees are important to us. We empower and inspire them to perform, offer opportunities to grow and we recognise and reward their contribution. They are proud to work for a company that respects them and broader communities, and they trust us to be financially sustainable, so we are successful now, and in the future.
Actuarial Analyst- 1 Year fixed term contract/ Placement employer: NFU Mutual
NFU Mutual is an excellent employer that values collaboration and innovation, offering a hybrid work model that allows for 80% homeworking. With a strong focus on employee development and a supportive work culture, team members are encouraged to grow their skills in data analysis and coding while making a real impact on customer outcomes. The Stratford-upon-Avon office provides a vibrant environment where employees can connect with colleagues across various departments, enhancing both professional and personal growth.
