• Senior Actuarial Analyst - Eastleigh, Southampton

    Job Ref
    Closing Date
    Advertised Range (External)
    up to £55,000 depending on experience plus flexible benefit options
    Permanent Full-Time
    Location : City
  • Job Purpose

    Senior Actuarial Analyst: Working at the Ageas head office in Eastleigh, Southampton, this Senior Actuarial Analyst opportunity sits within a Capital Modelling team of 5 and within the wider Actuarial Department of 41. You’ll be supporting the Ageas strategy in Non-Life business and Technical Provisions to the value of c. £2bn and working in close partnership with our UK Finance and Risk functions, and cross functionally with the Group Finance and Risk divisions based in Brussels.


    There’s an emphasis on collaborative working within the Actuarial team and as such this Senior Actuarial Analyst opportunity is fairly fluid. While the aim is for team members to gain specific in-depth expertise in certain areas, there’s also the expectation for everyone to achieve sufficient breadth of knowledge to be able to stand-in for other team members. We offer frequent opportunities to volunteer for cross-team projects which range from solving key challenges facing the wider business, to more experimental topics such as “machine learning” and “Big Data”. We also champion and support you in Actuarial studies.


    Some of the key accountabilities in the Senior Actuarial Analyst role include;

    1. The management of Capital and Solvency models, which includes investigating new methods to improve modelling processes and attending group-wide committee meetings.
    2. There’s also the need to support quarterly solvency reporting, which involves working with the Financial Planning team to agree forward-looking assumptions, using models to estimate the Technical Provisions for the Solvency II Balance Sheet and calculating Solvency Capital Requirements.
    3. Other responsibilities include supporting the delivery of business plans by forecasting solvency and risk appetite, and providing explanations for the key drivers.

    Here’s the experience you’ll need to bring to the Senior Actuarial Analyst team;

    • Be studying towards a qualification as an Actuary such as IFoA.  We provide full study support.
    • Experience of capital modelling for insurance products would be an advantage. We’ll consider you if you have a strong regulated or financial services background.
    • In particular you’ll have experience of using capital modelling software such as Remetrica.
    • You’ll have advanced Excel skills, intermediate Word, PowerPoint and VBA programming.
    • Experience of using statistical software such as R or SAS would be an advantage.
    • You’ll need an inquisitive mind with the ability to solve complex problems and be able to clearly communicate these (both written and verbal) to UK team members and stakeholders.

    Here are some of the benefits we offer in this Senior Actuarial Analyst position;

    Our people enjoy a comprehensive range of flexible benefit options such as a company pension, 25 days’ holiday (rising to 27 days after 3 years) with the ability to buy an additional 5 days, a personal car lease option, health and dental plans, private medical insurance, life assurance of 4 x salary with the option to flex up or down, and a discretionary annual bonus.  Our people enjoy discounted gym membership as well as discounts with a wide range of retailers through our partner Perkz.com and make the most of our Wellbeing activities and Sports and Social Club events.


    About #AgeasUK

    We’re an award-winning, international insurer with key markets in Europe and Asia and go back a fair bit too - almost 200 years.  Fast-forward to today and we’re proud to be one of Europe’s top 20 insurance companies.  Our UK team of 4,000, stand shoulder-to-shoulder with our most important people – our customers.  We’re recognised for our excellent insurance cover and being easy and straightforward to deal with. Plus, we understand the need for choice, which is why our insurance can be bought with us directly, and through aggregator sites as well as through our broker relationships and our leading partnership brands.  We have around 5 million customers and have a first-class attitude when it comes to being there for them when they need us most.   Don’t just take our word for all this though.  We’ve scooped a Gold Standard Insurance Award for the last nine years running which speaks volumes about our dedicated teams across our UK offices based in London, Manchester, Stoke, Gloucester, Eastleigh, Bournemouth and Port Solent.


    Please click the ‘Apply’ button to submit your application for the Senior Actuarial Analyst opportunity at Ageas in Eastleigh.


    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed