Insurance Actuary

About the Role

Our client is searching for a talented and qualified Insurance Actuary to join their growing actuarial team in Stoke-on-Trent, Staffordshire . This role is fundamental to the financial health and strategic planning of the company, involving the application of mathematical and statistical methods to assess financial risk within the insurance domain. You will work on pricing, reserving, and capital modelling, providing crucial insights to support business decisions. The ideal candidate will be highly analytical, possess excellent problem-solving skills, and be committed to advancing actuarial science within the insurance industry. This role offers a compelling blend of analytical challenge and business impact.

Key Responsibilities

• Develop and maintain actuarial models for pricing new insurance products and assessing existing ones.
• Calculate and forecast insurance reserves, ensuring financial solvency and compliance.
• Perform capital modelling and stress testing to evaluate financial resilience.
• Analyze trends in claims data and mortality/morbidity statistics to inform risk assessment.
• Collaborate with underwriting, finance, and risk management teams to provide actuarial insights.

Requirements

• Fully qualified Actuary with recognized actuarial bodies (e.g., IFoA).
• Substantial experience in the insurance sector, with a strong understanding of actuarial principles.
• Proficiency in actuarial software, programming languages (e.g., R, Python), and databases.
• Advanced analytical, mathematical, and statistical modeling skills.
• Excellent communication skills, with the ability to explain complex actuarial concepts to non-technical audiences.

Benefits

• Highly competitive salary and bonus structure.
• Hybrid working model for flexibility and work-life balance.
• Support for continued professional development and actuarial exams.
• Comprehensive health, dental, and vision insurance.
• Engaging work environment with opportunities for advancement in the insurance field.