Actuarial Analyst - fixed term until 31st December 2021 (Part-Time, Job-Share and Full-Time)

Actuarial Analyst – fixed term until 31st December 2021 (Part-Time, Job-Share and Full-Time)

Location: London or Fareham (working remotely until at least the end of June)

The opportunity: 

An excellent opportunity has arisen to join the UK P&C Reserving team as an actuarial analyst until 31st December 2021.

As a member of the team, you will be involved in producing the quarterly reserving exercises across multiple lines of business and assisting in communication of the financial risk and its consequences – all of which are fundamentally important to our business. You will also be involved in broader reserving tasks such as financial reporting including SII submissions and providing insight to key stakeholders.

Using analytical and mathematical skills, you’ll work alongside some of the most talented qualified actuaries, as well as liaising with other areas of the business, including Finance and Underwriting.

This role is available part-time, job-share or full time. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time.

Key Responsibilities:

  • Perform quarterly reserve reviews and identifying trends or areas which require further investigation
  • Rationalise reserve decisions, ensuring they are robust, whilst clearly highlighting, documenting and explaining any assumptions made.
  • Provide support to the Head of Reserving for the area of business, including with reporting and communication of the results
  • Help ensure the timely delivery and accuracy of reserving data, actuarial bookings and reconciliations as well as any other Group and regulatory requirements.
  • Provide support to the business functions, including finance, underwriting, pricing and claims.
  • Contribute to the actuarial process improvement workstream
  • Perform ad-hoc deep dive analyses
  • Supporting the planning process to build a sustainable business strategy
  • Your skills and experience:

  • Part-qualified Actuary
  • A high level of numeracy skills and an analytical approach to work.
  • Excellent team-working, communication and interpersonal skills.
  • A serious and professional attitude towards compliance of regulatory submissions with an eye for attention to detail in order to support accuracy.
  • Enthusiastic and positive can-do attitude.
  • Ability to manage competing priorities and driven to deliver to set deadlines.
  • Adaptability and flexibility
  • Familiarity with ResQ, as well as programming skills in R and/or SQL are a plus.
  • The reward:

    As well as a competitive salary we also offer an excellent lifestyle benefits package which includes:

  • 12% Non Contributory pension scheme
  • Annual company bonuses
  • 25 days holiday plus an additional 3 volunteering days
  • Private medical cover
  • Income Protection
  • Life Cover
  • Discounted gym membership,
  • Discounted gadget insurance
  • Discounted technology offers
  • Virtual GP appointments
  • Plus much more!
  • At Zurich we will consider requests for flexible working on hiring. Many of our employees work flexibly in many different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. Please talk to us at interview about the flexibility you may need.

    Who we are:

    With about 55,000 employees serving customers in more than 170 countries we aspire to become the best global insurer as measured by our shareholders, customers and employees. If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. The success of our business is built on the contributions of our highly talented employees - people who work every day to position us at the forefront of the insurance industry. We therefore look to hire great people and we encourage those people to give their best.

    You’ll feel the support of being part of a strong and stable company. A long-standing player in the insurance industry, we make every effort to address the career development needs and plans of our employees to ensure their success in the future.

    Further information:  

    At Zurich we are proud of our culture. We are passionate about Diversity and Inclusion. We want you to bring your whole self to work we have a diverse mix of customers and we want our employee base to reflect that.

    Our diversity and inclusion initiatives are creating an environment where everyone feels welcome regardless of protected characteristics.

    With the above in mind we accept applications from everyone regardless of your background, beliefs or culture however we especially welcome applications from women, people from ethnic minorities, people with a disability and people who are LGBT+ as these groups are currently under-represented in our organisation.

    We are committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity through the Zurich Community Trust.

    We have won numerous awards for our work on Diversity and Inclusion. We are also proud to be nominated for the 2020 Insurance Times award for Diversity and Inclusion. You can read about our awards on our website.

    So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.