Job description

Senior Actuarial Trainee

Location: Swindon, South West, UK

Salary: £ - per year

Posted: 23 February 2018

Working hours: Full Time

Close date: 23 March 2018

Employer: Zurich Insurance

Location: Swindon

The opportunity:

This role will performs trainee actuarial responsibilities while in pursuit of an actuarial qualification. Their duties will be mathematically and/or financially related in order to provide highly accurate data analyses recommendations for use by Actuaries, typically in the evaluation of loss reserves or the pricing of business. They will also be required to train less experienced colleagues.

Key Responsibilities:

Provide basic actuarial services in order to fulfil routine business requirements.

Monitor and analyse data according to tools, methods and formats and recommend appropriate action to mitigate risk and optimize business benefits. Perform more complex analyses as assigned.

Compile and categorize increasingly complex data, documents and verify factors and assumptions used in computations to ensure robust output.

Assist in the development of risk based capital models as well as parameterization and allocation activities to support actuarial services.

Participate in the evaluation and review of new/proposed processes and systems, where analysis is conducted to support the implementation of upgraded systems.

Leverage actuarial skills and knowledge to provide specialist advice to address specific technical queries from internal clients in order to provide first class customer service.

Demonstrate further increasing knowledge of relevant actuarial disciplines and procedures, and apply this knowledge to achieve business objectives and deliver first class customer service.

Continue to advance in pursuit of local actuarial qualification and demonstrate consistent progress towards designation in order to maintain the talent pipeline for Actuarial.

Training of less experienced actuarial staff.

Your skills and experience:

Bachelor's degree (or equivalent) in Computer Science, Economics, Engineering, Finance, Mathematics/Statistics, Other, Sciences

Experience in multiple functional areas (pricing, reserving, capital management, etc.) preferred.

Good communication and interpersonal skills to be able to effectively interact and negotiate at all levels.

Have business acumen with knowledge of the insurance industry.

Have a good knowledge of actuarial professional guidance and relevant legislation

Good knowledge of Insurance finance and corresponding actuarial concepts.

Good knowledge of pricing, statistics and actuarial modelling.

Ideally have a good knowledge of product development within the insurance industry.

Be numerate with good analytical skills.

Have a professional, enthusiastic positive and engaging manner.

Be able to meet deadlines especially when under pressure or faced with change.

Exceptional PC Skills (Excel, Excel VBA, etc. - EMBLEM and other EMB software desirable).

The Reward:
In return we are offering an attractive salary plus a generous benefits package including bonus and defined contribution pension scheme. We are committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.

Who we are:
Looking for a career that will excite, challenge and inspire you? Thinking about insurance? Perhaps you should. Working for us is a totally different experience to what you probably expect. How do you feel about the things you truly love? Don't you want to protect them in the best way possible? Imagine if you could help people do this all over the world. You'd give them confidence and reassurance by protecting what they love most. This is no easy task. In today's interconnected world, tackling risk is fast, unpredictable and invigorating. You'll have to think on your feet as you manage risks big and small, from flooding to cyber crime. You'll be tackling issues like these in over 170 countries. It's a big challenge, but you'll have a truly diverse network helping you. As part of an international team, every day would provide opportunities to learn, grow and share ideas.

As you make an impact across borders, 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 aim to have a diverse mix of employees that reflects our customers and the communities in which we live and work. Our diversity and inclusion initiatives are shaping an environment where everyone feels welcome, regardless of age, gender, religion, ability, culture, sexual orientation or mental health status. Our approach ensures that Zurich is a place that values different opinions, respects personal needs, and provides equal opportunities for all. We're also happy to consider flexible working arrangements and welcome applications from everyone.

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