Actuarial Analyst

Job Title: Actuarial Analyst
Target Start Date: 26/02/2024
Contract Type: Permanent, Part Time, Full Time, Job Share option available
Salary Range: GBP 35,000.00 - 55,000.00
Location: Eastleigh

Actuarial Analyst:
Working at the Ageas head office in Eastleigh, Southampton, this Actuarial Analyst opportunity sits within a Capital Modelling team of 6 and within the wider Actuarial Department of roughly 25. 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 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.

Main Responsibilities as Actuarial Analyst:

• The management of Capital and Solvency models, which includes investigating new methods to improve modelling processes and attending Group-wide committee meetings.
• 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.
• Other responsibilities include supporting the delivery of business plans by forecasting solvency and risk appetite, and providing explanations for the key drivers.

Skills and experience you need as Actuarial Analyst:

• 2.1 or above degree in a numerate discipline: for example, but not limited to, Mathematics, Statistics, Engineering, Physics, Computer Science or Actuarial Science.
• A partially qualified Actuary (we provide full study support). We will also consider those that have not started but have a strong motivation to undertake the exams.
• Experience of capital modelling for insurance products would be an advantage.
• Experience of using statistical software such as R 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 you can enjoy within the Actuarial Analyst role based in Eastleigh:

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 @ Ageas gives 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 Ageas Everyone.
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 Ageas, see About Us.

Want to be part of a Winning Team? Come and join Ageas.

Click on the 'Apply button' to be considered for our Actuarial Analyst opportunity at Ageas in Eastleigh.