At a Glance
- Tasks: Support Solvency II reporting and assist with financial projections in a collaborative team.
- Company: A growing UK life insurer offering a supportive and flexible work environment.
- Benefits: Good work-life balance, hybrid flexibility, and strong opportunities for development.
- Other info: Mentorship opportunities available for junior actuarial trainees.
- Why this job: Gain broad actuarial exposure and take ownership of impactful projects.
- Qualifications: Part-qualified actuary with experience in UK life insurance and strong communication skills.
The predicted salary is between 50000 - 60000 £ per year.
A growing UK life insurer is looking to hire a Senior Actuarial Trainee / Analyst to join its actuarial team in a broad technical role with strong exposure across reporting, modelling and financial management work. This is a great opportunity for a part-qualified actuary looking to take on more ownership, work closely with senior stakeholders and gain exposure across a wide range of actuarial activities within a smaller, collaborative environment. The role will suit someone who enjoys variety, can work independently and is keen to contribute to process improvement and model development initiatives.
Key responsibilities
- Supporting Solvency II reporting across Pillars I, II and III
- Assisting with UK GAAP and IFRS reporting
- Financial projections and planning work
- With‑profits support including bonus recommendations and investment considerations
- Annuity pricing and policy alteration calculations
- Experience investigations and assumption setting
- Development and maintenance of actuarial models
- Asset liability management work
- Supporting wider actuarial projects and ad hoc analysis
- Mentoring and supporting more junior actuarial trainees
What they're looking for
- Part‑qualified actuary
- Experience within a UK life insurance actuarial function
- Good understanding of Solvency II reporting
- Exposure to actuarial modelling and/or financial projection work
- Strong communication and report writing skills
- Someone proactive, adaptable and comfortable working with ambiguity
Why consider it?
- Broad actuarial exposure across multiple workstreams
- Opportunity to take ownership and influence process improvement
- Supportive team environment
- Good work‑life balance and hybrid flexibility
- Strong opportunity for continued development and progression
Senior Actuarial Analyst - Reporting employer: The Actuary
Contact Detail:
The Actuary Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst - Reporting
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in life insurance. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of Solvency II reporting. We recommend practising common actuarial interview questions and scenarios to show off your expertise.
✨Tip Number 3
Showcase your adaptability! During interviews, share examples of how you've tackled ambiguity in past roles. This will highlight your proactive nature and ability to thrive in a collaborative environment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Senior Actuarial Analyst - Reporting
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Actuarial Analyst role. Highlight your experience with Solvency II reporting, actuarial modelling, and any financial projections you've worked on. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about this opportunity and how your background as a part-qualified actuary makes you a great fit. Don’t forget to mention your proactive approach and adaptability!
Showcase Your Communication Skills: Strong communication is key in this role, so make sure your application reflects that. Whether it's through clear writing in your CV and cover letter or examples of how you've communicated complex ideas in the past, we want to see your skills in action.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
Brush up on your understanding of Solvency II reporting and UK GAAP. Be ready to discuss how these frameworks impact the actuarial work you'll be doing. Showing that you can talk confidently about financial projections and reporting will impress the interviewers.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've contributed to model development or process improvements. Highlight any experience with annuity pricing or policy alterations, as this will demonstrate your hands-on knowledge in areas relevant to the role.
✨Communicate Clearly
Strong communication skills are key for this position. Practice explaining complex actuarial concepts in simple terms, as you may need to present findings to senior stakeholders. Clear report writing is also crucial, so be prepared to discuss your approach to creating reports.
✨Embrace Adaptability
The role requires someone who can thrive in ambiguity. Think of examples where you've had to adapt quickly to changing circumstances or take ownership of a project. This will show that you're proactive and ready to tackle the variety of tasks the job entails.