Senior Actuarial Analyst / Actuarial Manager – Insurance

10th December 2018
Permanent Southampton
£55k & Bonus & Flextime & Benefits
This vacancy is now closed

We have an excellent opportunity available for a Senior Actuarial Analyst / Actuarial Manager to join a leading insurance organisation.  

You will be assisting in delivering data-driven analysis, performing and reviewing actuarial modelling. As a senior member of the Actuarial Team the role requires a high degree of competence and specialist knowledge to ensure the Actuarial Department continues to meet the expectations of Senior Management.



  • 25 days’ holiday (rising to 27 days after 3 years) - with the ability to buy an additional 5 days
  • 37.5 hours per week – flexitime
  • Discretionary annual bonus 
  • Personal car lease option
  • Company pension
  • Health and dental plans
  • Private medical insurance 
  • Life assurance (4 x salary)
  • Discounted gym membership
  • Discounts on a wide range of retailers


Main Duties and Responsibilities:

  • Model, interpret and monitor business data to identify and confirm market trends and niche product opportunities.
  • Carry out and supervise elements of the quarterly and monthly reserve review exercises carried out across the team, as well as additional claims related analyses.
  • Conduct and oversee regular and ad hoc pricing analyses to support Underwriting teams.
  • Mentor junior members of the Group actuarial team.
  • Assist in the development and maintenance of effective statistical models and MI in relation to the company's underwriting performance and pricing strength.
  • Contribute to the development and launch of new products from an Actuarial perspective.
  • Liaise directly with stakeholders, in particular Underwriting, Finance and Claims teams.
  • To support the Heads of Actuarial and Chief Actuary as appropriate.


Skills Required:

  • Ability to prioritise work, be a confident decision maker, proactive and innovative.
  • A good working knowledge of the commercial lines market.
  • A sound understanding of reserving and pricing analysis and principles & experience of a wide range of technical issues.
  • Strong IT skills and in-depth experience of Excel and working knowledge of SAS is essential. Additional IT skills (Python, R) may be beneficial.
  • A high level of understanding of modern actuarial and statistical modelling and techniques is essential.
  • A flair for manipulating and interpreting data and making decisions or recommendations as appropriate is essential.
  • Excellent skills in explaining, both internally and externally to key business partners, pricing decisions based on detailed analysis.
  • Able to work with people at all levels, both internally and externally.
  • Ability to lead by example, maintain a visible leadership presence, experience of managing and addressing performance consistently.
  • Ability to delegate effectively and mentor, coach and develop less experienced members of the team.