Actuarial Analyst
London, ENG, GB, SE1 9LQ
Location: London or Guildford (Hybrid)
Salary: Dep on exp + benefits
Start Date: 1st January 2025
We have a great position that has recently become available in our Finance team for an Actuarial Graduate. We are looking for an ambitious, collaborative and enthusiastic candidate who is looking to continue on to the next step of their Actuarial career.
Your role will focus on completing quarterly reserving, business planning and aspects of capital modelling, as well as general business analyses. The role will require collaborative interaction with the wider Actuarial Team, other teams within Finance and Technical and Underwriting and Claims. The role will also require some emphasis on simplification of processes through automation and coding.
The role is hybrid between working from home and in the office and can be based either in our Guildford or our London office, though some travel will be required between the two.
Key Accountabilities
- Supporting an experienced Actuary in the production, monitoring and communication of solvency II technical provision figures. Ensure work is accurate, undertake adequate checks and produce documentation.
- Carry out premium and reserve risk data preparation and modelling to ensure our insurance risk capital reflects the underlying risk
- Support quarterly reserving on an undiscounted & IFRS 17 basis
- Support forecasting the future solvency position
- Simplification of existing processes and developing new ways of working
- Presenting to a broad variety of stakeholders including interaction with the underwriting and claims managers
Essential Skills
- A strong academic record, with at least a 2:1 degree in a quantitative subject such as Mathematics, Statistics or Business
- Strong communication (written and verbal), interpersonal and relationship management skills
- Intermediate excel skills and working knowledge of other Microsoft products, such as Word/PowerPoint
Desirable Skills
- Innovative and proactive approach to simplifying processes
- Collaborative and enthusiastic team player
- Coding skills in particular R or SAS. SQL, VBA (ideal but not essential as training can be provided)
What We Will Offer You
Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:
- Flexible buy/sell holiday options
- Hybrid working.
- Annual performance related bonus
- Contributory pension scheme
- Development days
- A discount up to 50% on a range of insurance products including car, home and pet
- Retail discounts
Our Ways of Working
Do you need some flexibility with the hours you work? Let us know as part of your application and if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen.
Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.
Diversity & Inclusion
At Allianz, we prioritize diversity and inclusion, demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community’s Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.
We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.
We encourage our employees to advocate for their needs, whether it’s assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.
Offer an Interview Scheme - As a Disability Confident employer, we will offer an interview to candidates with disabilities who meet the essential criteria for the role. To apply under the Offer an Interview scheme, please let us know when you apply by contacting our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
Join us - Let’s Care for Tomorrow.
