Job Title: Senior Actuarial Analyst
Contract Type: Twelve month Fixed Term Contract
Salary Range: £52,000 - £78,000
Location: Eastleigh - Hybrid working
Closing Date for applications: Monday 7th October
Senior Actuarial Analyst: We have a fantastic opportunity for a Senior Actuarial Analyst to join the Capital Modelling Team, within the wider Actuarial Department on a Twelve Month Fixed Term Contract.
As a Senior Actuarial Analyst the successful candidate will support the Ageas strategy in the non-life business and manage Technical Provisions valued at approximately £2bn. This role involves close collaboration with our UK Finance and Risk functions, as well as cross-functional partnerships with the Group Finance and Risk divisions based in Brussels.
Please note this role is available as hybrid working and the expectation would be to visit out Eastleigh Office on an Adhoc basis
Main Responsibilities as a Senior Actuarial Analyst include:
The management of Capital and Solvency models, which covers:
- Investigating new methods to improve modelling processes and attending Group-wide committee meetings.
- Periodic validation of the models, and investigating any issues that arise.
- Updating documentation.
- Presenting findings to senior management.
Supporting quarterly solvency reporting, which covers:
- 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.
- Understanding the drivers of movement from the previous quarter.
- Reporting results and commentary to senior management.
Improving models and processes within the team, through the use of new tools and technology where appropriate.
Investigating ad-hoc queries from across Ageas UK, Ageas Group Functions, and the PRA.
Skills and experience you need as Senior Actuarial Analyst:
- A partially qualified Actuary.
- Experience of using tools such as Excel, PowerBI, VBA and R.
- Ability to clearly document models and processes.
- Good communication skills.
- Good attention to detail, and an ability to clearly communicate complex ideas.
Here are some of the benefits you can enjoy within the Senior Actuarial Analyst:
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.
Flexible Working - Smart Working @ Ageasgives employees flexibility around location (as long as it's within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares . We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
Supporting your Health – Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Yoga, Mindfulness.
Supporting your Wealth – Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
Supporting you at Work - Well-being activities, yoga, mindfulness sessions, Sports and Social Club events and more.
Supporting you and your Family – Maternity/pregnant parent/primary adopter entitlement of 16 weeks' at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks' full pay.
Benefits for Them – Partner Life Assurance and Critical Illness cover
Getting Around – Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover
Get some Tech – Deals on various gadgets including Wearables, Tablets and Laptops.
Supporting you back to work - Return to work programme after maternity leave
About Ageas:
We're one of the largest car and home insurers in the UK. Our People help Ageas to be a thriving, creative and innovative place to work, which is echoed in the service we provide to over four million customers.
As an inclusive employer, we encourage anyone to apply. We're a signatory of the Race at Work Charter and Women in Finance Charter, a Stonewall diversity champion and a Disability Confident Employer (which means interviews are guaranteed for applicants with a disability who meet the minimum role criteria). For more information please see our Diversity and Inclusion pages.
Our aim is to have great people everywhere in our business and we're always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we're open to discussing flexible working, including full-time, part-time or job share arrangements.
To find out more about about our Award Winning team and culture, please visit Careers at Ageas.
Want to be part of a Winning Team? Come and join Ageas.