Actuarial Trainee / Actuarial Consultant

About the role

We are hiring into our Financial Actuarial and Investments team based in Stratford-Upon-Avon. You could join the team as either an Actuarial Trainee or an Actuarial Consultant, depending on your experience. Both positions are for part-qualified individuals.

Sitting within our Commercial Actuarial department, you will work in our exciting Life Insurance actuarial team who deliver modelling and calculations at the product and fund level, focusing on ensuring that the business we sell is right for the customer and right for the company.

This is a supportive, friendly and welcoming team who are looking for a like-minded individual who can develop and grow with NFU Mutual.

Duties include:

• Design and validate actuarial models and make recommendations to inform business decision making.
• Demonstrate sound judgement through the application of your business knowledge to make recommendations and promote the continuous improvement of actuarial systems and processes.
• Design, plan and deliver effective communication to ensure the results convey the risks involved and the sensitivity, severity and mitigation options for these risks.
• Interpret regulatory and professional requirements and Group policies/procedures to ensure that they are being complied with in a timely and proportionate manner.
• Build, internal and external relationships with stakeholders and committees to ensure effective delivery of the Group’s risk and business objectives

What we’re looking for

Experience and Knowledge

• Experience of actuarial techniques and the ability to demonstrate sound judgement.
• Experience in a Financial Services, Insurance or Pensions environment
• Strong problem-solving skills.
• Experience with change and implementing technical initiatives
• Strong communication skills (both written and verbal)

Qualifications

• 3 A-levels at grade B or above (including mathematics)
• Degree (2:1 or above) in actuarial science, mathematics, statistics, economics or another degree with significant mathematical content.
• You will be part qualified and studying towards becoming a qualified actuary

What we can offer

At NFU Mutual we pride ourselves on being “a great place to work” and one of only 39 companies across the globe, and the only organisation with headquarters in the UK, to receive a Gallop Exceptional Workplace 2021 award. We were also named in the LinkedIn Top 25 Companies List 2021. When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:

• Salary – Competitive
• Annual bonus (up to 10% Trainees or 17,5% Consultants)

• Contributory pension scheme (maximum of 12% company contribution)

• 25 days holiday plus bank holidays (additional holiday purchase scheme)

• Employee discounts
• Gym subsidy
• Health and wellbeing plan
• Life Assurance cover
• Discounts on a range of NFU Mutual insurance policies

NFU Mutual are happy to offer its employees informal homeworking. Our team is located in Stratford-upon-Avon and it would be expected that on average, 50% of your working time would be located from this office, with the remaining days home based should you wish. Due to COVID-19, our employees continue to work from home and a return to the office is being planned for later in the year.

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. As an employee you are very important to us. We empower and inspire you to perform, offer opportunities to grow and we recognise and reward you for your contribution.

At NFU Mutual we look for people like you, who have customers at the heart of what you do. You recognise that your customers’ financial lives can only benefit by having a financial plan in place that reflects their circumstances both now and in the future.