At a Glance
- Tasks: Join our team to analyse data and create predictive models in a dynamic environment.
- Company: AXA, a leading insurance provider with a focus on innovation and teamwork.
- Benefits: Competitive salary, bonuses, pension scheme, private medical cover, and 25 days annual leave.
- Other info: Flexible hybrid working model and supportive culture for continuous learning.
- Why this job: Kickstart your career in actuarial science with tailored development and real impact.
- Qualifications: 2.1 degree in maths 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.
#LI-Hybrid
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.
Actuarial Graduate - AXA Tunbridge Wells in Royal Tunbridge Wells employer: Reed
AXA is an exceptional employer that prioritises the growth and development of its employees, offering a tailored career path for Actuarial Graduates in the vibrant setting of Tunbridge Wells. With a competitive salary, generous benefits including a contributory pension scheme and private medical cover, and a supportive work culture that encourages innovation and teamwork, AXA empowers its staff to thrive both professionally and personally. The hybrid working model further enhances work-life balance, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Graduate - AXA Tunbridge Wells in Royal Tunbridge Wells
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Actuarial Graduate - AXA Tunbridge Wells in Royal Tunbridge Wells
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Reed.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Reed's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Reed
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Reed.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Reed will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Reed employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
