Actuarial Analyst

  • Location

    City of London, London

  • Sector:

    HR & Executive Support

  • Job type:


  • Salary:

    £0.00 - £10.00 per hour + holiday pay

  • Contact:

    Tina Byrne

  • Contact email:


  • Job ref:


  • Published:

    11 months ago

  • Duration:

    10 weeks

  • Startdate:


An excellent opportunity for a graduate whose degree is in Actuarial Science / Mathematics (preferably), to work as an Actuarial Analyst

The role is to support the Actuaries within this Global Insurance Company based within in the City of London to provide analytical support to the operations and reserving teams within the Actuarial Department. The goal is reduce the working hours of the managers and analysts within the core reserving period when there is a limited time frame between receiving reserving data and producing and reporting on reserve results. Whilst the tasks below will be fairly basic and in some cases repetitive, this will be an excellent opportunity to gain insight into the reserving process and reserving terminology. It will also provide practical experience of how a major insurance player organises its reserving function.

General Description

Assist in various aspects of the reserving process, particularly in relation to data management and reporting of results including:

  • Running and performing initial review of data movement reports
  • Raising and following up data queries
  • Running ad hoc queries or reports from company systems to enable better analysis of movements
  • Rolling forward reserving models and checking ResQ triangles have updated correctly (checking that the data in our reserving modelling tool has updated correctly)
  • Performing ad hoc data or results reconciliations
  • Running "peer review packs" for each class of business which summarise the methodology and assumptions
  • Sense-checking peer review packs and resolving problems with them
  • Running and creating PDFs of the reserve packs that go to senior management
  • Other ad hoc help to team

Essential Requirements

  • Good MS Excel (VLOOKUP, SUMIF exp an advantage)
  • Ability to run and edit basic VBA macros
  • MS Access query writing skills an advantage but not essential
  • Attention to detail / accuracy
  • Adaptability (to changing priorities and timescales)
  • Ability to meet challenging deadlines
  • Ability to learn quickly

This is a temporary position to commence as soon as possible to work to October poss plus
If you are interested in this vacancy but are unsure whether your availability is suitable, please feel free to contact me

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