Newly qualified or Part qualified Actuarial Analyst

Job description

Whatever your personal and professional ambitions are, we believe that you can achieve great things.

We’re Wesleyan. We’re special because we’re specialist. We provide financial advice and solutions for the specific needs of doctors, dentists, teachers and lawyers. Wesleyan has a 170 year history of looking forward. Help drive this momentum by being the catalyst for fresh ideas and influence the next chapter in our history.

We are currently looking for a part-qualified actuarial analyst to join our group finance division . You will be required to assist with all aspects of the actuarial work for the actuarial division or elsewhere within group finance, as required. The division undertakes all actuarial work for Wesleyan and main areas of work include products, valuation, bonuses and modelling. All members of the division work flexibly as a team and may be assigned to undertake tasks for any area. In addition, team members are transferred between different areas from time to time, to utilise actuarial resources in the most efficient way or to widen the experience of the individual.

Key responsibilities will include some of the following ( for full details please refer to the attached job description):

1. Review and update the principles and practices of financial management and customer friendly documents for the society

2. Provide actuarial support for with profits treating customers fairly initiatives, including input to the bonus statements exercise

3. Undertake experience investigations to support changes to actuarial assumptions

4. Carry out the regulatory valuations and realistic balance sheets of all of the society's business in line with prudential regulations

5. Provide actuarial input into the development of new products and changes in product terms for new business

6. Produce revised premium rates, profit tests and other product pricing calculations to ensure that products are appropriately priced

7. Understand, develop and maintain the financial models used for forecasting the society's strategic 5 year plan model

We are ideally looking for an individual with a good actuarial or mathematical degree (either a 1st or 2:1) as well as a number of actuarial exams passed and relevant experience. A strong working knowledge of excel and word along with experience of using an actuarial modelling system e.g Prophet and fantastic problem solving and data analytical skills will be required.

All our actuarial analysts are expected to study for and progress at an appropriate rate through the actuarial examinations.

Interested? We'd love to hear from you.

We are an equal opportunities employer.

We are unable to employ anyone who does not have the legal right to live and work in the UK.

If you are from outside the EEA and do not possess immigration status which allows you to live and work in the UK, we will be unable to progress your application as Wesleyan are unable to provide sponsorship. Therefore, in the recruitment process all candidates are required to provide the necessary right to work information and documentation.

Any unsolicited submissions from agencies will be accepted as a direct application from the candidate and no fees will be payable.

Closing date for CV submissions is {Thursday 20th January 2016}. Feedback on your application will be provided in the week following this date.