Company: Markerstudy Insurance Graduate Actuarial Trainee – Reserving Location: Manchester Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. The majority of business is written as the insurance pricing provider behind household names such as Co-op, Sainsbury’s, O2, Halifax, AA, Saga and Lloyds Bank to list a few and Markerstudy also has a large and growing direct presence in the market as well. Role Overview To provide actuarial and data analytical analysis to support the relevant department to deliver their objectives. To deliver assigned pieces of work as directed. Responsibilities Support Reserving team to ensure delivery against business plans. Undertake highly technical / complex analysis using actuarial techniques under the guidance of the senior team members, providing quality assurance. Support in producing Reserving and other Actuarial input into business planning, regulatory reporting, re-insurance placements and M&A transactions. Input into the production of exhibits and presentations for key internal and external stakeholders (Pricing, Underwriting, Claims, Reinsurers and Regulators as required). Continually improving the ‘actuarial control cycle’, by improving and developing processes to improve reserving accuracy and efficiency. Driving personal development and demonstrate a positive attitude. To ensure that: o Customers are always considered in all actions, o All regulatory requirements including DPA, FCA, TCF and other are met, and o To adhere to all relevant Company policies and processes. To undertake other reasonable responsibilities and projects as instructed by their line manager. Essential Skills Graduate level position up to two years' experience – no prior direct experience required. Ability to perform accurate calculations under time pressure Can interpret analytical outputs in the context of the question posed. Ability to communicate results in a clear and concise manner to senior members of the team High level of computer literacy with good understanding Microsoft packages Desirable Skills Ability to manage time effectively Has a good understanding of Insurance products. Interpersonal skills and self-awareness – proactive in seeking out development opportunities