Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Actuarial team to lead projects and enhance financial management.
- Company: Dynamic UK Life assurer with a focus on innovation and efficiency.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact in financial management while developing your actuarial skills.
- Qualifications: Part qualified actuary with strong communication and report writing skills.
- Other info: Exciting opportunities for growth in a collaborative and forward-thinking team.
The predicted salary is between 36000 - 60000 £ per year.
The purpose of this role is to work as a member of the Actuarial team undertaking a variety of different tasks to enable the department to meet its objectives.
To work independently and to lead actuarial trainees to support the following department objectives as agreed by the Actuarial Manager.
To lead development of departmental models and processes to improve efficiency or provide additional insight into the financial management of the company.
The responsibilities of the department include:
- Solvency II valuation, including Pillar I, II and III, UK GAAP and IFRS reporting
- Support financial projection and planning work
- Management of with-profits business, including recommendations on investment strategy and bonus rates
- Pricing of annuity business and policy alteration terms
- Experience Analyses and recommending valuation assumption
- Development and maintenance of actuarial models
- Asset Liability Management
- Ad hoc tasks as required
Comply with the FCA's conduct (and senior conduct) and Consumer Duty rules and the PRA's conduct (and senior manager conduct) standards as set out. Notify the regulator(s) of matters reasonably expected to be notified.
Core Competencies
- Knowledge of Solvency II (Pillars I, II and III), UK GAAP and IFRS reporting
- Knowledge of actuarial modelling systems and/or financial projections
- Good communication skills, including the ability to propose solutions and be able to work independently and with ambiguity
- Report writing skills, including technical specs and drafting reports
- Positive approach and outlook
Experience and qualifications
- Part qualified actuary (continuing studies or given up exams)
- Experience of working within the Actuarial Function of a UK Life assurer desirable
Senior Actuarial Trainee / Analyst (Reporting) - Two vacancies in London employer: Utmost International
Contact Detail:
Utmost International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Trainee / Analyst (Reporting) - Two vacancies in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Solvency II and UK GAAP. Be ready to discuss how your skills can help improve efficiency in the actuarial team. Show them you mean business!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your skills, making your application stand out.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm and professionalism, which is key in the actuarial world.
We think you need these skills to ace Senior Actuarial Trainee / Analyst (Reporting) - Two vacancies in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Actuarial Trainee/Analyst role. Highlight relevant experience, especially in Solvency II and actuarial modelling systems. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our Actuarial team. Keep it concise but impactful – we love a good story!
Showcase Your Communication Skills: Since good communication is key for this role, make sure to demonstrate your ability to convey complex ideas clearly in your application. Whether it's through your CV or cover letter, let us see your writing prowess!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Utmost International
✨Know Your Actuarial Stuff
Make sure you brush up on your knowledge of Solvency II, UK GAAP, and IFRS reporting. Be ready to discuss how these frameworks apply to the role and share any relevant experiences you've had with actuarial modelling systems or financial projections.
✨Showcase Your Communication Skills
Since good communication is key for this role, prepare to demonstrate how you've effectively communicated complex actuarial concepts in the past. Think of examples where you proposed solutions or worked independently, and be ready to share those stories.
✨Prepare for Technical Questions
Expect some technical questions related to actuarial models and asset liability management. Brush up on your report writing skills too, as you might be asked to explain how you would draft a technical spec or a report based on hypothetical data.
✨Adopt a Positive Mindset
A positive approach can set you apart from other candidates. During the interview, express enthusiasm for the role and the company. Share your outlook on challenges and how you tackle ambiguity, as this will resonate well with the interviewers.
