Actuarial Analyst – Permanent
Location: Reigate (Blended Working); Hours: 36 hours per week; Salary: £38,000‑£47,500 (based on experience).
The Role
* Reserving and reporting: deliver reserving analyses on best estimate basis; contribute to internal and external reporting on insurance provisions under IFRS 17 and Solvency II; optional capital calculations support.
* Data management and analysis: process, maintain and analyse claims and policy data; ensure high data quality, governance and timely management information.
* Actuarial modelling and methods: develop, maintain and validate actuarial models, assumptions and data requirements; apply appropriate actuarial and statistical techniques to generate insights.
* Insights and decision support: produce actuarial insights to support business decisions, supported by market and industry research.
* Process improvement: support enhancements to reserving and reporting processes, actuarial systems and methodologies with a focus on continuous improvement.
* Collaboration and stakeholder engagement: work closely with Underwriting, Risk, Claims, Finance and other stakeholders to embed the actuarial function into the business.
Qualifications
* Experience in an actuarial or analytical role, ideally in general insurance reserving or capital work.
* Progress towards an actuarial qualification through the IFoA (or similar) exams.
* Flexibility to adapt to the changing insurance market.
* Strong numerical and analytical skills; ability to interpret complex data sets.
* Strong organisational and prioritisation skills to meet deadlines.
* Proactive and structured problem‑solving approach.
* Strong communication skills; ability to present technical information clearly and work as part of a team.
* Experience using data tools and actuarial models.
* Continuous improvement mindset, looking for ways to enhance processes and outputs.
* Willingness to work collaboratively in person at our Reigate office at least 2–3 days per week.
Preferred additional experience
* Experience with ResQ / SAS / Power BI.
* Exposure to IFRS 17 and/or Solvency II reporting bases.
* Experience with UK personal lines insurance, particularly motor.
Benefits
* Colleague pension scheme.
* Virtual GP Service available 365 days a year.
* Performance‑related annual bonus.
* Holiday allowance minimum 7.2 weeks, with the opportunity to buy more.
* Colleague Clubcard: 10% discount increasing to 15% after each payday; second card available.
* Enhanced maternity leave pay, shared parental leave and 8‑week paid paternity leave.
* Ongoing learning opportunities and award‑winning training.
* Participation in Buy‑as‑You‑Earn and Save‑As‑You‑Earn share schemes.
Inclusive environment
Everyone is welcome; we are committed to building a more inclusive workplace and celebrating diversity.
Closing date
21/05/2026 at 5pm.
#J-18808-Ljbffr