Actuarial Analyst

About the Role

Our client is looking for a bright and motivated Actuarial Analyst to join their forward-thinking team in Derby . This role involves applying mathematical and statistical methods to assess financial risks associated with insurance policies. You will play a vital part in pricing products, calculating reserves, and contributing to the financial stability and strategic planning of the company. This is an excellent opportunity for an individual seeking to develop their actuarial career within a supportive environment that encourages professional growth in the Derbyshire region.

Key Responsibilities

• Assist in the pricing of new insurance products and the review of existing ones.
• Perform calculations for reserving, ensuring adequate financial provision for future claims.
• Analyze statistical data to identify trends and patterns relevant to risk assessment.
• Develop and maintain actuarial models and tools to support business decision-making.
• Collaborate with underwriting, finance, and claims departments to provide actuarial insights.
• Contribute to regulatory reporting requirements and internal financial projections.

Requirements

• Progress towards or completion of actuarial qualifications (e.g., from the Institute and Faculty of Actuaries).
• Strong mathematical, statistical, and analytical skills.
• Proficiency in relevant software, such as Excel, SQL, and actuarial modeling software.
• Excellent problem-solving abilities and attention to detail.
• Good communication and teamwork skills.
• A degree in Actuarial Science, Mathematics, Statistics, or a related quantitative discipline.

Benefits

• Competitive salary and study support for actuarial exams.
• Hybrid working model providing flexibility and work-life balance.
• Comprehensive health and wellness benefits.
• Generous holiday allowance and pension scheme.
• A challenging and rewarding career path in actuarial science in Derby .