Actuarial Analyst

Job Description

We are seeking a detail-oriented Actuarial Analyst to join our team in Edinburgh. The successful candidate will analyse data related to risk, pricing, and insurance policies, providing insights that influence strategic decisions. You will work closely with underwriters and other actuaries to assess potential risks and develop pricing models that reflect current market trends.

Responsibilities

• Evaluate loss data and provide quantitative analysis for reserves.
• Contribute to annual business planning by providing accurate forecasts of insurance results.
• Work with external auditors on actuarial aspects of the financial statements.
• Identify areas for process improvements and implement solutions.
• Present findings and recommendations to senior management.
• Participate in ongoing training and professional development opportunities.

Requirements

Education

• Bachelor's degree in Mathematics, Statistics, or related discipline
• Advanced actuarial qualifications are a plus

Experience

• 5+ years of practical experience in actuarial consulting or insurance

Technical Skills

• SQL
• Data Visualisation Tools (Tableau, Power BI)

Soft Skills

• Problem-solving
• Teamwork

Certifications

• Fellow of the Institute and Faculty of Actuaries (FIA)
• Fellow of the Society of Actuaries (FSA)

Languages

• English: Fluent

Advantageous

• Experience with actuarial software (e.g., Prophet, MoSes): Hands-on experience with industry-leading actuarial software for modelling and analysis.
• Familiarity with machine learning techniques: Exposure to machine learning applications in actuarial contexts is beneficial.

Benefits

• Health, dental, and vision insurance coverage
• Generous pension scheme and life insurance options
• Access to employee assistance programmes
• Work-life balance initiatives and flexible hours

Company Culture

• Integrity: We maintain high ethical standards in all our dealings and promote transparency.
• Innovation: We prioritize innovative thinking and value contributions that push boundaries.
• Employee Wellbeing: We care about the wellbeing of our team members and foster a healthy work-life balance.