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    Actuary Analyst - United Kingdom - Saga Plc

    Saga Plc
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    Description
    Hybrid – Home and London Hub

    As a Senior Actuarial Analyst within AICL (our in-house underwriter) you will help build, manage, and improve regular processes which typically require the use of specialist actuarial software packages.

    You'll use your curiosity to investigate and solve some of the organisation's toughest problems and deliver tangible business value through managing claims trends, accurate liability valuation, capital efficiency and reinsurance evaluation

    Your role requires actuarial skills and an ability to understand business processes to make quality judgements for set methodologies and assumptions used in reserving and capital modelling processes.

    You will be required to contribute to defining and monitoring ML use cases across the business and satisfying regulatory requirements on Solvency II and IFRS reporting bases.

    Using both your technical and non-technical skills, you will have a desire to understand actuarial disciplines such as claims reserving, capital modelling and reinsurance evaluation.

    You will excel at investigating trends and communicating technical output clearly and confidently to all stakeholders of all levels.

    We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.

    We offer total flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich.

    25 days holiday + bank holidays
    Option to purchase additional leave up to 5 extra days
    Pension scheme matched up to 10%
    Life assurance policy on joining us
    Wellbeing programme
    Colleague discounts including family discounts on cruises and holidays
    Range of reductions and offers from leading retailers, travel groups and entertainment companies
    Enhanced maternity and paternity leave
    Company performance related annual bonus - Up to 5%
    Main ResponsibilitiesAs an Senior Actuarial Analyst you will contribute to all 3 pillars of Solvency II requirements (quarterly and annual quantitative reporting templates, ORSA, SFCR, RSR, Actuarial Function Report (AFR))
    Identifying, explaining and monitoring experience trends.
    Collaborate across the Saga business where required, contributing actuarial expertise and knowledge to bespoke projects
    Adhering to Technical and Actuarial practice standards (TAS and APS)
    Adhering to governance processes for financial reporting purposes.
    Maintaining and developing transparency and documentation around actuarial team process.

    Collaborating with legal and DPO to ensure data transfer to and from third parties is compliant with governance processes, GDPR and DPA, and follow ICO best practice.

    The Ideal CandidateAs a Senior Actuarial Analyst, you will have a Bachelor/Master in actuarial science, mathematics or a related discipline and be progressing through your actuarial examinations.

    Comfortable working with large amounts of data.

    Good at working in a team and demonstrates this by helping peers/department to achieve tasks when deadlines are tight.

    The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high quality products and exceptional standards of service.

    These include cruises and holidays, insurance, personal finance and the Saga Magazine.

    At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement.

    We value diversity not just because it is the right thing to do, but because diverse teams perform better.

    Fair consideration is given to applications from all applicants, including those with disabilities and those over who are over 50 as we are champions of age inclusivity.

    We are an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required.

    For more information on our DEI policies please visit our Saga Careers page.

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