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Actuarial Analyst
- bristol, south west england, BS1 6DG, United Kingdom
- Full time
- £58,000 - £58,000 Per Annum
Job Description
About the Role
Our client, a leading insurance provider, is seeking a bright and ambitious Actuarial Analyst to join their dedicated team in Bristol . This role offers an excellent opportunity to contribute to critical actuarial functions, including pricing, reserving, and risk management for various insurance products. You will work on complex actuarial models, analyze financial data, and play a key part in ensuring the company's financial soundness and profitability. This is an ideal position for an individual looking to progress their actuarial career in a supportive and intellectually stimulating environment, with ample opportunities for professional development and examination support.
Key Responsibilities
- Assist in the development, maintenance, and validation of actuarial models for pricing and reserving.
- Analyze insurance data to identify trends, assess risks, and support strategic decision-making.
- Perform calculations for reserves, capital requirements, and solvency positions.
- Contribute to the preparation of regulatory reports and internal management information.
- Collaborate with other departments, including underwriting, claims, and finance, on actuarial matters.
- Support the ongoing process of product development and enhancement through actuarial analysis.
Requirements
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative discipline.
- Progress towards actuarial qualifications (e.g., IFoA, SOA) with a demonstrable commitment to passing exams.
- 1-3 years of experience in an actuarial role within the insurance industry.
- Proficiency in Excel and experience with statistical software or programming languages (e.g., R, Python, SQL, SAS) is beneficial.
- Strong analytical, problem-solving, and quantitative skills.
- Excellent communication and teamwork abilities.
Benefits
- Competitive salary commensurate with experience and examination progress.
- Full support for actuarial examinations, including study leave and financial assistance.
- Comprehensive health, dental, and vision insurance plans.
- Pension scheme with competitive employer contributions.
- Flexible working arrangements, including remote options, in Bristol .