Our client seeks a Graduate Trainee to join their Actuarial department for an Actuarial Trainee position.
You must be willing to relocate to the Isle of Man to apply.
The role is suitable for a highly numerate graduate with a degree in a mathematical or related subject. As part of a small team, but with the ability to work independently, the applicant is expected to undertake tasks across various areas including pricing and product development, regulatory/internal reporting, and actuarial liability modelling. There will also be opportunities to contribute to the growth and development of the company through project work.
Key Responsibilities
* Supporting external reporting by assisting in the production of valuations to appropriate standards and within agreed timescales.
* Supporting internal financial reporting, including experience investigations to appropriate standards and in line with agreed methodologies.
* Assisting with the development and maintenance of actuarial liability models, checking data extract routines, and maintaining documentation.
* Maintaining and developing illustration systems.
* Providing actuarial support to product development and pricing exercises.
* Supporting project work as required.
Key Skills and Experience
* Honours degree (at least second class division 1) in a mathematical or related subject with strong exam performance.
* Meet the requirements to join the Institute and Faculty of Actuaries as a student member or already be a member.
* Experience with Excel, including VBA, is beneficial.
* Strong analytical skills and attention to technical detail.
* Excellent interpersonal skills and effective communication at all levels.
* A self-starter with initiative and the ability to ask for support when needed.
* Ability to write high-standard reports.
Applications from candidates with up to 3 years of live office experience as an actuarial trainee will also be considered.
What does the Isle of Man have to offer?
Great Work/Life Balance and short commutes – 86% of residents say they have an excellent quality of life!
Safest place to live in the British Isles
Low personal tax rates
National insurance holiday
Excellent schooling
Vibrant communities
Attractive benefit packages
Relocation incentives and support
The Isle of Man offers a unique blend of professional opportunities and a high quality of life, nestled between Ireland and the UK. The island features a thriving job market with diverse career options in finance, technology, and more. Its low crime rate, stunning landscapes, and welcoming community make it an ideal place to call home. Outdoor enthusiasts can enjoy rugged coastal cliffs, serene countryside, beaches, and lush hillsides, all supporting a healthy work-life balance that complements your career ambitions.
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