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Actuarial Analyst
- manchester, greater manchester, M1 1JQ, United Kingdom
- Permanent·On-site
- Full time
- £50,000 - £50,000 Per Annum
Job Description
About the Role
Our client is looking for a bright and motivated Actuarial Analyst to join their dynamic team based in Manchester . This role is essential for performing complex statistical analyses, building financial models, and providing critical insights to support pricing, reserving, and product development decisions. You will work closely with senior actuaries and cross-functional teams to assess risk and ensure the financial soundness of the company's insurance products. This is an excellent opportunity for an individual looking to advance their actuarial career within a well-established insurance organization.
Key Responsibilities
- Develop, maintain, and enhance actuarial models for pricing, reserving, and forecasting.
- Analyze large datasets to identify trends, assess risks, and support strategic decision-making.
- Assist in the preparation of regulatory filings and internal reports, ensuring accuracy and compliance.
- Collaborate with product development teams to design and price new insurance products.
- Support the valuation of liabilities and assessment of capital requirements.
- Stay current with actuarial best practices, methodologies, and regulatory changes.
Requirements
- Progress towards actuarial qualifications (e.g., actuarial exams passed) is essential.
- 1-3 years of experience in an actuarial role within the insurance industry.
- Strong analytical, quantitative, and problem-solving skills.
- Proficiency in programming languages and statistical software (e.g., R, Python, SQL, Excel).
- Excellent written and verbal communication skills, with the ability to explain complex concepts clearly.
- Attention to detail and a commitment to producing high-quality work.
Benefits
- Competitive salary commensurate with experience and exam progress.
- Comprehensive benefits package including health, dental, and life insurance.
- Support for actuarial exam completion and professional development.
- Defined contribution pension scheme.
- Opportunities for career progression within the actuarial department.