84 Actuarial Analyst jobs in the United Kingdom
Corporate Reserving Analyst
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Are you looking for your next opportunity?
Sompo has a unique opportunity for a
Are you looking for your next opportunity?
Sompo has a unique opportunity for a Corporate Reserving Analyst/Actuary within our Actuarial Reserving team.
Our Actuarial Reserving team provides essential actuarial support to various stakeholders within the company. Specifically, the Corporate Reserving team plays a critical role in supporting Financial Reporting and Regulatory Compliance. We determine reserves under multiple frameworks, including economic reserving based on market conditions and statutory reserving based on regulatory requirements. Our team delivers accurate and timely reserve estimates for financial reporting purposes, ensuring that the company's reserves align with regulatory standards. This includes adhering to guidelines set by relevant local regulatory bodies.
The successful candidate will report to the Head of Corporate Reserving and assist with a range of Corporate Reserving activities for Sompo. The Corporate team will support the main quarterly reserving process together with a number of other projects including group wide analytical exercises and reserving deep dive studies. The role will be supported by a dedicated reserving team based in London and New York and will also, sometimes, benefit from access to shared resources from across the Group reserving team.
Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Our Business, Your Impact, Our Opportunity
What you’ll be doing:
- Assist with Quarterly Reserving Responsibilities
- Contribute to running the quarterly reserving process including assisting with data quality checks, peer review of IBNR selections
- Lead preparation of best practice reserve materials and outputs provided to key stakeholders, such as the CFO Reserve Meeting and Group Reserve Committee Meeting materials
- Assist with communications with external auditors, internal audit etc.
- Support with maintenance of reserve platform
- Understand the workings of the “front end” of the reserve platform to be able to quickly implement selections and judgements
- Suggest and help to implement improvements to the platform
- Liaise with wider Sompo-wide initiatives to improve data quality
- Assist with Group-wide analytical projects
- Examples include implementation of frequency-severity methods, loss ratio movement analysis etc.
- Assist in the provision of reserving inputs for both group and local regulatory needs, including:
- IFRS17
- Solvency II Technical Provisions
- BMA Economic Balance Sheet Technical Provisions
- Singapore MAS actuarial opinions
- International Capital Standard calculations
- A qualified actuary or nearly qualified actuary with at least 3 years experience, preferably with strong exposure to reserving
- Excellent interpersonal, written and oral communications skills, including a proven ability to build relationships with senior management and underwriting teams.
- The candidate must be well-organised, with the ability to thrive in a fast-paced environment and consistently meet deadlines without compromising quality.
- Strong IT skills are required, including proficiency with the usual MS Office Products and some programming experience would be beneficial.
We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:
- Expansive Health & Wellness Benefits
- Generous Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance
We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.
About Us
Expert Partners.
Clarity in complexity.
Unwavering commitment .
We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.
Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.
We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.
Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.
Because when you choose Sompo, you choose the ease of expertise.
To learn more about visit our website at Seniority level
- Seniority level Associate
- Employment type Full-time
- Job function Business Development and Sales
- Industries Insurance
Referrals increase your chances of interviewing at Sompo by 2x
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Actuarial Analyst
Posted 2 days ago
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Job Description
About us
Avencia are partnered with a leading specialty insurer and reinsurer, who are looking to recruit an Actuarial Analyst in their London office.
The opportunity
Join a dynamic actuarial team supporting an international insurance organisation across multiple geographical regions. While primarily based in London, the team operates flexibly, with the option to work remotely or from other office locations. This role offers frequent interaction with teams across underwriting, finance, and claims, as well as colleagues globally-including the US and Europe.
Key responsibilities
- Deliver technical and operational support to the actuarial function covering Professional and Financial risk and European underwriting portfolios.
- Contribute to:
- Large
Actuarial Analyst
Posted 2 days ago
Job Viewed
Job Description
About us
Avencia are partnered with a leading specialty insurer and reinsurer, who are looking to recruit an Actuarial Analyst in their London office.
The opportunity
Join a dynamic actuarial team supporting an international insurance organisation across multiple geographical regions. While primarily based in London, the team operates flexibly, with the option to work remotely or from other office locations. This role offers frequent interaction with teams across underwriting, finance, and claims, as well as colleagues globally-including the US and Europe.
Key responsibilities
- Deliver technical and operational support to the actuarial function covering Professional and Financial risk and European underwriting portfolios.
- Contribute to:
- Large
Actuarial Analyst
Posted 3 days ago
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Job Description
Key Responsibilities:
- Performing complex actuarial calculations and modeling for life insurance, pensions, or general insurance products.
- Analyzing large datasets to identify trends, assess risks, and provide insights into financial performance.
- Assisting in the pricing and reserving of insurance policies, ensuring profitability and compliance.
- Developing and maintaining actuarial models using specialized software.
- Supporting the preparation of regulatory returns and reports.
- Collaborating with underwriting, claims, and finance departments to provide actuarial support and advice.
- Contributing to the development and enhancement of actuarial methodologies and processes.
- Monitoring industry trends and regulatory changes affecting the insurance sector.
- Communicating technical findings and recommendations to management and other stakeholders.
- Actively pursuing actuarial qualifications and professional development.
- Performing ad-hoc analysis and projects as required by senior management.
Actuarial Analyst
Posted 10 days ago
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Actuarial Analyst (Pensions)
Posted today
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Job Description
Actuarial Analyst - Pensions
West Midlands
- Salary Circa 30,000 - £80,000 (dependent on experience) plus excellent package and opportunities for progression.
My client is an independent specialist firm of actuaries and consultants who pride themselves on providing the best customer service and support individual client needs.
They provide the full range of actuarial administration and investment trustees required to run their scheme.
The company are looking for an Actuarial Analyst (qualified or part qualified or with BSc Maths) with preferable experience working with final salary or defined benefit pensions or pension schemes and actuarial calculations.
Qualities required:
- li>Good communicator
- Customer focused li>Good at building business relationships
- BSc Mathematics/Actuarial Science degree
- Worked with pensions, actuarial calculations and preferably DB pension or pension schemes.
This is a great opportunity for someone to grow and develop their career within a small, progressive, forward- thinking and friendly consultancy, and help them to build on their portfolio of small to medium defined pension schemes and develop client relationships.
If you are interested in this role please apply by sending your CV quoting job reference DB(phone number removed))
Actuarial Analyst (Pensions)
Posted today
Job Viewed
Job Description
Actuarial Analyst - Pensions
West Midlands
- Salary Circa 30,000 - £80,000 (dependent on experience) plus excellent package and opportunities for progression.
My client is an independent specialist firm of actuaries and consultants who pride themselves on providing the best customer service and support individual client needs.
They provide the full range of actuarial administration and investment trustees required to run their scheme.
The company are looking for an Actuarial Analyst (qualified or part qualified or with BSc Maths) with preferable experience working with final salary or defined benefit pensions or pension schemes and actuarial calculations.
Qualities required:
- li>Good communicator
- Customer focused li>Good at building business relationships
- BSc Mathematics/Actuarial Science degree
- Worked with pensions, actuarial calculations and preferably DB pension or pension schemes.
This is a great opportunity for someone to grow and develop their career within a small, progressive, forward- thinking and friendly consultancy, and help them to build on their portfolio of small to medium defined pension schemes and develop client relationships.
If you are interested in this role please apply by sending your CV quoting job reference DB(phone number removed))
Remote Actuarial Analyst
Posted 1 day ago
Job Viewed
Job Description
Responsibilities:
- Perform actuarial analysis for pricing and reserving.
- Develop and maintain predictive models.
- Analyze financial risks and liabilities.
- Assist in the preparation of regulatory and internal reports.
- Collaborate with various business units.
- Utilize actuarial software and statistical tools.
- Monitor industry trends and regulatory changes.
- Support product development and strategy.
- Ensure accuracy and compliance in all actuarial work.
- Communicate complex findings to stakeholders.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards actuarial exams (e.g., CT papers with the Institute and Faculty of Actuaries) is highly preferred.
- Experience in an actuarial role within the insurance industry.
- Proficiency in actuarial software and statistical analysis tools.
- Strong quantitative, analytical, and problem-solving skills.
- Excellent communication and interpersonal abilities for remote collaboration.
- Ability to work independently and manage deadlines effectively.
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Senior Actuarial Analyst
Posted 1 day ago
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Senior Actuarial Analyst
Posted 1 day ago
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Job Description
As a Senior Actuarial Analyst, you will be responsible for developing and maintaining actuarial models, performing complex calculations, and providing insights into pricing, reserving, and capital management. You will collaborate closely with underwriting, product development, and finance teams to support strategic decision-making. Key responsibilities include analyzing historical data, identifying trends, and projecting future outcomes to inform business strategy. The ideal candidate will possess a strong academic background in Actuarial Science, Mathematics, Statistics, or a related field, along with significant progress towards or completion of actuarial qualifications (e.g., FIA, FSA). Proven experience in the insurance sector, particularly with P&C (Property & Casualty) or Life insurance products, is essential. Excellent analytical, quantitative, and problem-solving skills, coupled with proficiency in actuarial software and programming languages (e.g., R, Python, SQL, Prophet, RiskAgility), are required. We are looking for individuals who are meticulous, possess strong communication skills, and can translate complex mathematical concepts into clear business recommendations. You will contribute to regulatory reporting, conduct sensitivity analysis, and assist in the development of new insurance products. This role offers a challenging and rewarding environment for an ambitious actuarial professional looking to advance their career remotely. You will also be involved in peer reviews and mentoring junior analysts.
Responsibilities:
- Develop, validate, and maintain actuarial models for pricing and reserving.
- Analyze insurance data to identify trends and assess risks.
- Perform financial projections and sensitivity analyses.
- Support the development of new insurance products and pricing strategies.
- Contribute to regulatory reporting and compliance activities.
- Collaborate with underwriting, finance, and product teams.
- Mentor junior actuarial staff and review their work.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Significant progress towards or completion of actuarial exams (e.g., FIA, FSA).
- Minimum of 5 years of experience in actuarial roles within the insurance industry.
- Proficiency in actuarial modeling software and statistical tools.
- Strong analytical, quantitative, and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work independently and manage workload effectively in a remote environment.
Senior Actuarial Analyst
Posted 2 days ago
Job Viewed
Job Description
Key Responsibilities:
- Perform actuarial calculations and analysis for pricing, reserving, and capital modeling.
- Develop, implement, and validate complex actuarial models using various software tools.
- Analyse insurance data to identify trends, risks, and opportunities for business improvement.
- Assist in the preparation of regulatory filings and financial reports.
- Monitor and assess the adequacy of reserves and capital.
- Develop and refine pricing strategies for new and existing insurance products.
- Collaborate with underwriting, claims, and finance departments to provide actuarial insights.
- Stay abreast of changes in regulations, industry practices, and actuarial standards.
- Mentor and guide junior actuarial staff, fostering their professional development.
- Communicate complex actuarial concepts and findings clearly to both technical and non-technical audiences.
- Contribute to the development of actuarial methodologies and tools.
- Perform ad-hoc analysis as required by management.
Qualifications:
- Fellow or Associate of the Institute and Faculty of Actuaries (FIA/AIA) or equivalent.
- A minimum of 5 years of relevant actuarial experience within the insurance industry.
- Strong knowledge of actuarial software (e.g., Prophet, GGY AXIS, R, Python) and statistical techniques.
- Proven experience in pricing, reserving, or capital modeling.
- Excellent analytical, problem-solving, and critical thinking skills.
- Proficiency in data analysis and manipulation.
- Strong communication and presentation skills.
- Ability to manage multiple projects and meet tight deadlines.
- Experience working within the UK regulatory environment (e.g., Solvency II) is essential.
- Must be able to work full-time on-site in our London, England, UK office to facilitate collaboration and access to critical data systems.
This role offers a competitive salary, attractive bonus structure, excellent benefits, and significant opportunities for career advancement within a leading financial institution.