Job Description

Role Description
As an Actuarial Analyst, you will input into quarterly reserving exercises, regular business planning and forecasting, business partnering with Pricing, Underwriting, Finance and Risk, actuarial reporting and input to capital modelling.
This is a hybrid role based in either Guildford or London.
Salary Information
Pay: Circa 39,000 - 60,000 per year, depending on progress in actuarial professional exams
Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
About You

• Inputs into the production, monitoring and communication of quarterly reserves on UK GAAP, IFRS17 and Solvency II bases in line with Allianz policies and professional standards
• Inputs into the implementation of the Actuarial Function responsibilities
• Contributes to capital modelling
• Participates in the actuarial input into the annual business planning and regular business forecasting processes
• Supports the Actuary with the business partnering, inputting into analysis to support Smart Circle discussions and ensuring claims trends are well understood and are an integral part of underwriting performance discussions
• Inputs into analysis to Manages the business partnering to ensure claims trends are well understood and are an integral part of underwriting performance discussions
• Develops strong relationships with the Actuarial team and starts to build relationship with stakeholders including portfolio managers and business finance managers

Essential skills

• Strong Excel and coding (e.g. Python)
• Developing familiarity with actuarial reserving or capital modelling techniques and software
• Developing general insurance experience in at least one of reserving, pricing or capital modelling
• Good communications skills
• Working knowledge of Microsoft suite
• Student of the Fellow of the Institute & Faculty of Actuaries (or equivalent) would be beneficial, but not essential.
• Strong academic record, with a degree in a quantitative subject such as Mathematics or Economics

What We Will Offer You
Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that's perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That's on top of enjoying all the benefits you'd expect from the world's number one insurance brand, including:

• Flexible buy/sell holiday options
• Hybrid working
• Annual performance related bonus
• Contributory pension scheme
• Development days
• A discount up to 50% on a range of insurance products including car, home and pet
• Retail discounts
• Volunteering days

Our Ways of Working
Do you need flexibility with the hours you work? Let us know as part of your application and if it's right for our customers, our business and for you, then we'll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.
Integrity, Fairness, Inclusion & Trust
At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community's Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.
We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.
We encourage our employees to advocate for their needs, whether it's assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.
Accessible Application for All
As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role.
Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
For any inquiries or to submit your application, please contact: Conor McCourt
Closing date: 7th January 2025
We reserve the right to close the advert early if we reach enough applications.
Join us - Let's Care for Tomorrow.
#LI-Hybrid

Skills Required