At a Glance
- Tasks: Join our team to analyse and enhance financial risk processes in a dynamic environment.
- Company: Zurich, a leading global insurer with a strong commitment to sustainability and diversity.
- Benefits: Enjoy flexible working, competitive salary, and a comprehensive benefits package tailored to your needs.
- Why this job: Make a real impact while developing your actuarial skills alongside talented professionals.
- Qualifications: Part-qualified actuary with strong analytical skills and programming knowledge preferred.
- Other info: Be part of a supportive community focused on wellbeing and continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
This role is available on a part-time, job-share or full-time basis. Salary: Competitive salary plus an excellent benefits package. Location: London, hybrid working. Closing date for applications: 9th January 2026.
The opportunity: An excellent opportunity has arisen to join the UK Actuarial Reserving Planning and Insights team as an Actuarial Analyst. As a member of the team, you will be involved in collating the quarterly total UK reserving and planning exercises across multiple lines of business and assisting in communication of the financial risk and its consequences – all of which are fundamentally important to our business. You will also be involved in developing and automating the reserving and financial reporting processes within the team as well as wider UK Reserving and Capital team. Using analytical and mathematical skills, you’ll work alongside some of the most talented actuaries, as well as liaising with other areas of the business, including Pricing, Finance and Underwriting.
What will you be doing?
- Work closely with the UK Reserving teams to collate and review quarterly reserve reviews, including loss projections, technical reserves calculations for both gross and reinsurance, and cash flow projections.
- Ensure the timely delivery and accuracy of reserving data and actuarial bookings for IFRS, Solvency II and Regulatory reporting.
- Provide Finance, Pricing, Underwriting and Claims teams with actionable insights into underlying performance and its implications for the business.
- Collaborate effectively with internal audit teams and external auditors by supporting audit activities, supplying relevant actuarial data, clear explanations, and thorough documentation, while ensuring compliance with regulatory and company standards.
- Proactively identify and implement opportunities to enhance actuarial processes and tools - boosting efficiency, accuracy, and alignment with best practices.
- Support the Capital team in the parameterisation of premium and reserve risks.
- Work closely with colleagues to shape business plans, delivering actuarial analysis and forward-looking insights that help drive Zurich’s sustainable growth.
- Perform ad-hoc deep dive analyses at a UK level to address specific business needs and support informed decision-making.
What are we looking for?
- Part-Qualified actuary and actively studying for the Actuarial exams.
- A high level of numeracy skills and an analytical approach to work is essential.
- Data management and good programming skills (e.g. SQL, R, VBA) are considered a strong advantage.
- Excellent team-working, communication and interpersonal skills are also required.
- A serious and professional attitude towards compliance of regulatory submissions with an eye for attention to detail in order to support accuracy.
- Enthusiastic and positive can-do attitude.
- Ability to manage competing priorities and driven to deliver to set deadlines.
- Adaptability and Flexibility.
As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.
What will you get in return? Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.
Who we are: At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet. With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.
We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future. If you’re interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.
Our Culture: At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.
We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million. So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.
Reserving Actuarial Analyst - Planning employer: Zurich 56 Company Ltd
Contact Detail:
Zurich 56 Company Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuarial Analyst - Planning
✨Tip Number 1
Network like a pro! Reach out to current employees at Zurich or in the actuarial field on LinkedIn. 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 this role involves data management and programming, be ready to discuss your experience with SQL, R, or VBA. Show us how you can bring those skills to the table!
✨Tip Number 3
Don’t just focus on your qualifications; highlight your soft skills too! Communication and teamwork are key in this role, so think of examples where you've successfully collaborated with others or communicated complex ideas clearly.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Zurich community. Don’t miss out on this opportunity!
We think you need these skills to ace Reserving Actuarial Analyst - Planning
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reserving Actuarial Analyst role. Highlight your relevant skills, especially in data management and programming, and showcase any experience that aligns with the job description.
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 your background makes you a great fit. Don’t forget to mention your enthusiasm for working in a flexible environment.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, be sure to include examples of how you've used these skills in past experiences. Whether it's through coursework or previous jobs, show us what you've got!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. 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 Zurich 56 Company Ltd
✨Know Your Numbers
As a Reserving Actuarial Analyst, you'll be dealing with a lot of numerical data. Brush up on your technical reserves calculations and loss projections. Be ready to discuss how you’ve used these skills in past experiences or projects.
✨Showcase Your Programming Skills
Data management is key for this role, so highlight your programming skills, especially in SQL, R, or VBA. Prepare examples of how you've automated processes or improved efficiency using these tools in previous roles.
✨Communicate Clearly
You’ll need to liaise with various teams, so practice explaining complex actuarial concepts in simple terms. Think about how you can convey insights to non-actuaries, as effective communication is crucial for collaboration.
✨Be Ready for Flexibility
This role offers flexible working options, so be prepared to discuss your own needs and how you can adapt to the team’s requirements. Show that you’re open-minded and willing to find a balance that works for everyone.