SonicJobs Logo
Login
Left arrow iconBack to search

Assistant Actuarial Analyst

Avencia Consulting
Posted 5 hours ago, valid for 2 days
Location

London, Greater London EC2V7NQ, England

Contract type

Full Time

Retirement Plan
Life Insurance

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • Avencia Consulting is recruiting an Assistant Actuarial Analyst for a leading specialty insurer in London, targeting recent graduates or actuaries transitioning from life or pensions sectors.
  • The role involves assisting with actuarial statistics production, risk pricing analysis, and year-end report preparation, among other responsibilities.
  • Candidates should possess a numerate degree with a classification of 2:1 or above and demonstrate a commitment to studying for actuarial exams.
  • The position offers a competitive starting salary, annual bonus, and a strong benefits package, including 25 days of paid holiday and a comprehensive pension scheme.
  • Candidates should have a proactive attitude, strong problem-solving skills, and effective communication abilities to thrive in this role.

About us

Avencia Consulting is partnering with a leading specialty insurer and Fortune 500 company to recruit an Assistant Actuarial Analyst for their London office.

This is an excellent opportunity for a recent graduate aspiring to become an actuary, or for actuaries currently working in life or pensions who are looking to transition into a new sector.

The role

  • Assist with the production of Actuarial statistics to other internal departments within a leading international insurer.

  • Assist with risk pricing analysis to support profitability.

  • Plan and parameterise insurance risk in the capital model.

  • Assist with the production of year-end reports, year-end returns and US Trust Fund calculations.

  • Analyse the solvency of clients based upon the ratios and thorough analysis, to ensure clients are able to pay off debts.

  • Assist with core tasks that support the overall department workload and strategy.

  • Support and be proactive with the enhancement of internal processes.

  • Attend regular check-ins to review performance so that you have every opportunity to progress and gain more autonomy within your role.

  • Commit to studying for actuarial exams.

  • Be proactive in developing your own knowledge, relating to both technical and soft skills.

Skills & experience

  • Have a numerate degree with a classification of 2:1 or above, or equivalent.

  • Be inquisitive and curious about the insurance world.

  • Aspire to become an Actuary with a commitment to becoming a student of the Institute and Faculty of Actuaries.

  • Be patient, proactive, resilient and hard-working, with a strong eagerness to learn from experienced peers.

  • Be confident working with data to formulate calculations related to tasks.

  • Be team players who love building relationships, bringing out the best in others, and contributing to an enviable culture.

  • Be organised and dedicated, able to self-manage workloads effectively to deliver results in a timely manner.

  • Be strong problem solvers, targeting a high level of accuracy when making decisions.

  • Be self-motivated and driven individuals, with a willingness to meet and exceed targets.

  • Be IT literate, familiar with using Microsoft Office packages such as Word and Excel.

  • Have well-developed communication skills to interact effectively within the team, and with underwriters, the finance team, and senior management.

Benefits

  • A great starting salary plus annual bonus & strong benefits package

  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave

  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer

  • Study support package for actuarial exams

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.