Actuarial Graduate - AXA Manchester
Actuarial Graduate - AXA Manchester

Actuarial Graduate - AXA Manchester

Manchester Full-Time 31200 - 46800 £ / year (est.) Home office (partial)
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Reed

At a Glance

  • Tasks: Join AXA as an Actuarial Modelling Graduate and work on exciting projects in pricing and risk management.
  • Company: AXA, a leading insurance company committed to innovation and employee development.
  • Benefits: Competitive salary, bonuses, pension scheme, private medical cover, and 25 days annual leave.
  • Other info: Flexible hybrid working model and opportunities for continuous learning and professional growth.
  • Why this job: Kickstart your career with hands-on experience and tailored support in a dynamic environment.
  • Qualifications: 2.1 degree in mathematics or related field, strong numerical skills, and problem-solving abilities.

The predicted salary is between 31200 - 46800 £ per year.

Overview

Job Title: Actuarial Modelling Graduate

It’s an exciting time to join our Pricing, Reserving and Risk Management teams as an Actuarial Modelling Graduate. You’ll be provided with excellent career development opportunities, with placements in at least two of our Retail Pricing, Commercial Pricing, Health, Reserving or Risk Management teams, over a three-year period.

You’ll quickly become part of the team, providing technical support using a variety of tools and methods in analytics, modelling, pricing, reserving, capital modelling and risk management. Your work will enhance our understanding of insurance and financial risk and costs. You\\\’ll leverage traditional approaches on established systems and innovative practices on new infrastructure, drawing on emerging data science practices to provide valuable insight.

With a personalised and tailored development plan driven by you, you\\\’ll receive constant support and guidance from your line managers and mentors, to learn, grow and excel in the role.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You\\\’ll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future.

Working Hours & Shift Pattern: Full time, Monday to Friday. Due to the nature of your learning pathway, we’re unable to fulfil part time working.

What you’ll be doing

  • Create, maintain, validate and reconcile exposure and claims data to be ready for analysis/modelling.
  • Support in the creation, maintenance, deployment and testing of predictive models. Build insight using this data to identify trends and patterns to inform actions supporting line of business strategy.
  • Assist in ensuring processes are efficient and enhanced to meet business needs and customer expectations.
  • Assist in producing and developing appropriate and accurate monitoring for stakeholders to support decision-making.
  • Use a developing skill set to suggest and provide routine analysis that supports the strategy in respect of relevant Business Lines. We are always looking for innovative ways to improve what we do.

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don\\\’t hesitate to apply.

What you’ll bring

  • Excellent numerical mathematical skills. 2.1 degree or higher in a mathematics, statistics or other numerate degree such as physics and quantitative risk/finance.
  • A grade at A-level Mathematics or equivalent.
  • Ability to demonstrate high levels of problem-solving skills and initiative.
  • Effective communication skills to help establish a network within AXA.
  • Continuous appetite to learn, develop skills and complete a relevant professional qualification.
  • Ability to plan and prioritise own work with a high level of attention to detail.
  • Embracing teamwork by supporting and respecting others.
  • Knowledge and experience of modelling techniques and computer languages such as R, Python, SAS, SQL, Excel VBA or other analytical language/tools would be desirable.
  • Can work under pressure and to strict deadlines whilst maintaining reliability and accuracy.

What we offer

At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

  • Competitive annual salary of up to £39,000
  • Annual company & performance-based bonus
  • Contributory pension scheme (up to 12% employer contributions)
  • Life Assurance (up to 10 x annual salary)
  • Private medical cover
  • 25 days annual leave plus Bank Holidays
  • Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
  • AXA employee discounts
  • Wellbeing services & resources

We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge.

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Who we are

AXA Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive. We’re currently making our biggest ever investment to develop the expertise and skills we need to be the best. We’re a vibrant community where everyone is supported to learn, develop, and take ownership of their work.

AXA Retail helps people live the life they love, knowing we’ve got their back, at home and on the road. We’re a dynamic team of experts completely committed to making sure our customers get back to the good stuff when the unexpected happens.

At AXA Health, we’re passionate about helping our members to put their health first, whether that’s individuals and families, small businesses, or huge corporates. From fast access to diagnosis and treatment, to guidance and tools that can help them manage their health every day, not just when there’s a problem, our members can be confident we’ll guide them, every step of the way.

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Actuarial Graduate - AXA Manchester employer: Reed

AXA Manchester is an exceptional employer that prioritises the growth and development of its employees through tailored career pathways and a supportive work culture. With a competitive salary, generous benefits including a contributory pension scheme and private medical cover, and a commitment to work-life balance, AXA fosters an environment where innovation thrives and teamwork is celebrated. Join us to be part of a vibrant community dedicated to making a meaningful impact in the insurance and financial risk sectors.
Reed

Contact Detail:

Reed Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Graduate - AXA Manchester

✨Tip Number 1

Network like a pro! Reach out to current employees at AXA on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the role. Personal connections can make a huge difference!

✨Tip Number 2

Prepare for the interview by brushing up on your technical skills. Since you'll be dealing with data analysis and modelling, practice explaining your thought process and problem-solving approach. Use examples from your studies or projects to showcase your abilities.

✨Tip Number 3

Show your enthusiasm for continuous learning! AXA values candidates who are eager to develop their skills. Be ready to discuss any relevant courses or certifications you’re pursuing, especially in areas like R, Python, or SQL.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the AXA team. Get your application in early to avoid missing out!

We think you need these skills to ace Actuarial Graduate - AXA Manchester

Numerical Mathematical Skills
Problem-Solving Skills
Effective Communication Skills
Attention to Detail
Teamwork
Modelling Techniques
R
Python
SAS
SQL
Excel VBA
Data Analysis
Time Management
Adaptability
Continuous Learning

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Actuarial Modelling Graduate role. Highlight your numerical skills, relevant coursework, and any experience with modelling techniques or programming languages like R or Python.

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 your background makes you a great fit for AXA. Don’t forget to mention your eagerness to learn and grow within the company.

Showcase Your Problem-Solving Skills: In both your CV and cover letter, provide examples of how you've tackled complex problems in the past. This will demonstrate your analytical thinking and initiative, which are key traits for this role.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Reed

✨Know Your Numbers

As an Actuarial Modelling Graduate, you'll need to showcase your excellent numerical skills. Brush up on your mathematics and statistics knowledge, and be prepared to discuss how you've applied these skills in real-world scenarios. Practice explaining complex concepts in simple terms, as effective communication is key.

✨Familiarise with Modelling Tools

Make sure you’re comfortable with modelling techniques and tools like R, Python, or SQL. Before the interview, try to work on a small project or case study using these tools. This will not only boost your confidence but also give you concrete examples to discuss during the interview.

✨Show Your Problem-Solving Skills

AXA values high levels of problem-solving skills and initiative. Prepare to share specific examples of challenges you've faced and how you approached solving them. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.

✨Emphasise Teamwork and Communication

Since teamwork is crucial at AXA, think of instances where you've successfully collaborated with others. Be ready to discuss how you’ve built relationships and communicated effectively within a team. Highlight your ability to support and respect colleagues, as this aligns with their company culture.

Actuarial Graduate - AXA Manchester
Reed
Location: Manchester
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