Senior Actuarial Analyst

Ageas Insurance Limited

Senior Actuarial Analyst

£78000

Ageas Insurance Limited, North Stoneham, Eastleigh

  • Full time
  • Temporary
  • Remote working

Posted 5 days ago, 25 Sep | Get your application in now to be included in the first week's applications.

Closing date: Closing date not specified

job Ref: 40f2b1288e964ddc92aadfa1b498b697

Full Job Description

As a Senior Actuarial Analyst the successful candidate will support the Ageas strategy in the non-life business and manage Technical Provisions valued at approximately £2bn. This role involves close collaboration with our UK Finance and Risk functions, as well as cross-functional partnerships with the Group Finance and Risk divisions based in Brussels. Please note this role is available as hybrid working and the expectation would be to visit out Eastleigh Office on an Adhoc basisMain Responsibilities as a Senior Actuarial Analyst include: The management of Capital and Solvency models, which covers:

  • Investigating new methods to improve modelling processes and attending Group-wide committee meetings.
  • Periodic validation of the models, and investigating any issues that arise.
  • Updating documentation.
  • Presenting findings to senior management.
  • Supporting quarterly solvency reporting, which covers:
  • 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.
  • Understanding the drivers of movement from the previous quarter.
  • Reporting results and commentary to senior management.
  • Improving models and processes within the team, through the use of new tools and technology where appropriate., Investigating ad-hoc queries from across Ageas UK, Ageas Group Functions, and the PRA. Skills and experience you need as Senior Actuarial Analyst, 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 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.

  • A partially qualified Actuary.
  • Experience of using tools such as Excel, PowerBI, VBA and R.
  • Ability to clearly document models and processes.
  • Good communication skills.
  • Good attention to detail, and an ability to clearly communicate complex ideas.