At a Glance
- Tasks: Support actuarial valuations, financial reporting, and product pricing in a collaborative team.
- Company: Wesleyan, a trusted financial services provider since 1841.
- Benefits: Professional development support, diverse culture, and flexible working options.
- Other info: Join a supportive environment with excellent career growth opportunities.
- Why this job: Make a real impact on financial futures while developing your actuarial expertise.
- Qualifications: Degree in a numerical discipline and strong analytical skills required.
The predicted salary is between 29700 - 36300 £ per year.
- Actuarial Analyst
- Shape Brighter Futures with Wesleyan
Established in 1841, Wesleyan help trusted professionals—GPs, hospital doctors, dentists, and teachers—secure their financial future.
Today, we’re proud to continue that mission with passion and purpose.
If you’re looking for a role where your expertise makes a real impact, and you want to work in a culture that values collaboration, innovation, and integrity, we’d love to hear from you.
Find out more about who we are: careers. wesleyan. co. uk
About the Role
We're looking for an Actuarial Analyst to join our Group Finance team, where you'll have the opportunity to work across a broad range of actuarial disciplines, supporting business-critical activities including capital management, financial reporting, product pricing, data, regulatory change and with-profits business.
This is an excellent opportunity for a graduate or part-qualified actuary looking to develop their technical expertise while gaining exposure to a wide variety of projects and stakeholders across the business.
What You'll Be Doing Depending on your experience and the needs of the team, you'll be involved in a range of activities including:
- Supporting actuarial valuations, solvency reporting and regulatory submissions.
- Performing experience investigations and maintaining actuarial assumptions and models.
- Supporting capital management, ORSA production and financial forecasting.
- Contributing to product pricing, profit testing and product development.
- Supporting with-profits management, including bonus investigations, asset shares and policyholder fairness reviews.
- Developing and maintaining actuarial models, data processes and reporting tools.
- Providing actuarial input into strategic business projects, system developments and regulatory change initiatives.
- Analysing financial and actuarial data to produce meaningful insights and management information.
- Working closely with Finance, Investment, Data and Change teams to improve processes and deliver business objectives.
- Supporting testing, implementation and continuous improvement of actuarial systems and processes.
- Preparing analysis and reports for senior management and governance committees.
About You
You'll be a collaborative and analytical individual who enjoys solving complex problems and working with data.
We're looking for someone with:
Essential
- A degree in Actuarial Science, Mathematics, Statistics, Physics, Engineering or another highly numerical discipline (2:1 or above preferred).
- Strong analytical and problem-solving skills.
- Excellent attention to detail.
- Good communication and interpersonal skills.
- Ability to work effectively both independently and as part of a team.
- A commitment to studying towards the Institute and Faculty of Actuaries (IFo A) qualification (where applicable).
Desirable
- Progress towards the IFo A actuarial qualification.
- Experience within a UK Life Insurance or Financial Services environment.
- Knowledge of actuarial modelling software such as Prophet.
- Strong Excel and data analysis skills.
- Experience working with databases or programming languages such as SQL, VBA, Python or R.
- What You'll Gain
- Exposure to a wide variety of actuarial disciplines and business areas.
- Opportunities to work on high-profile strategic and regulatory projects.
- Support for your professional actuarial qualification and career development.
- A collaborative environment where you'll work alongside experienced actuaries and finance professionals.
- The opportunity to make a meaningful impact on business decisions and customer outcomes.
Why Wesleyan?
We’re building a culture where everyone belongs.
Diversity isn’t just a policy—it’s part of who we are.
Whatever your background, we want you to feel valued and empowered to thrive.
We’re proud supporters of the ABI Making Flexible Work campaign, which means we’re open to discussing flexible working, job shares, and part-time options.
If you need reasonable adjustments during the recruitment process, just let us know—we’re here to support you.
What to Know Before Applying
Right to Work
We’re unable to provide VISA sponsorship, so you’ll need the legal right to live and work in the UK.
Advert Closing
We typically advertise for two weeks but may close early if we receive a high volume of applications—apply early to avoid disappointment.
Ready to Shape Your Future?
Apply today and join us in creating brighter financial futures—for our customers, our members, and you.
Actuarial Analyst in Birmingham employer: Wesleyan Careers
Wesleyan is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for a Project Actuary to thrive. With competitive benefits including flexible hybrid working, generous holiday allowances, and a commitment to employee growth through mentorship and training, Wesleyan empowers its team members to make a meaningful impact in the financial futures of trusted professionals. Located in Birmingham, the company also offers unique perks such as free secure parking and enhanced family leave, ensuring a supportive environment for all employees.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst in Birmingham
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Wesleyan Careers). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Wesleyan Careers. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Actuarial Analyst in Birmingham
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Wesleyan Careers.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Wesleyan Careers. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Wesleyan Careers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Wesleyan Careers to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Wesleyan Careers, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Wesleyan Careers's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
