Trainee Actuary

Location: Douglas, Isle of Man 

Closing date for applications: 30th October 2024

The opportunity: 

An exciting opportunity has arisen for a Trainee Actuary to join a team of highly skilled actuaries.  As an Actuarial trainee, you will gain experience in the key actuarial functions of corporate centre reporting and regulatory reporting, with the potential for additional work in planning, product pricing, risk management and projects.  You will be given training in how to produce accurate and timely financial data for regulators, local management, Corporate Centre and other stakeholders. 

Key responsibilities:

• Update and maintain existing documentation of procedures.
• Ensure data used in calculations is accurate and free from errors.
• Build and maintain effective relationships with internal and external customers.
• Communicate results of any calculations in a clear concise way to other team members and internal or external customers. 

• Communication may be by a range of methods including written reports, presentations, face to face discussions, phone calls or e-mail.

Your skills and experience:

• High degree of numeracy.
• Passes or exemptions from some core principles exams of the Institute and Faculty of Actuaries an advantage, but applicants with no exam passes will be considered.
• Strong degree or equivalent in Maths/Actuarial Science or a related subject.
• Highly computer literate with experience in using Microsoft Excel and Access to an advanced level an advantage. Experience using Prophet/R/SQL/Python or similar also an advantage, but not essential.
• A keen interest in data analytics.
• Meticulous in preparing and checking work paying close attention to detail.
• Committed and determined to meeting deadlines.
• Able to communicate clearly and concisely, both verbally and in writing.
• Self-motivated, curious and pro-active approach to work.
• Strong team player as well as the ability to work independently.
• Willing to challenge current processes and practices with a view for improvement. 

Who are we? 

We are Zurich International Life!  
 
We support our fellow business units who provide life and savings products to markets around the world.  Based out of the Isle of Man since 1982, Zurich has built a strong reputation as a reliable, dependable yet innovative insurer and regularly receives recognition and awards from the industry. We believe in having 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.  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 actively through the Zurich Community Trust.     

This role is based in our state-of-the-art Isle of Man office alongside a further 360 employees at this location.
  
Why Zurich? 
Aside from our fantastic office space, which we demonstrate in our video, we have a great benefits and reward package.
 
Please take a look at the video for an insight into Zurich: 
 
https://players.brightcove.net/5768412917001/default_default/index.html?videoId=6318953386112
 
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.