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Actuarial Analyst - Part-Time, Job-Share and Full-Time

103424

Location: London – hybrid working

 

 

The opportunity: 

Zurich Insurance Plc is looking for a Newly / Part Qualified Actuary to work in the ZIP Actuarial team assisting on the methodology and production of the Solvency II Technical provisions and other Solvency II actuarial processes, to enable ZIP to meet its requirements in these topics, including the internal governance rules, actuarial and accounting standards and regulatory expectations. You will perform standard actuarial, capital and performance analytic tasks as assigned with minimal direct supervision; perform more complex analyses under the supervision of more senior actuaries. You will be delivering work to consistently high quality standards, including professional standards..

 

The 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.

 

 

Main accountabilities:

General

  • Provide routine actuarial services with minimal supervision by a more experienced actuary.
  • Perform more complex actuarial analyses as assigned under the supervision of a more experienced actuary.
  • Demonstrate increasing knowledge of actuarial disciplines and procedures to be able to provide high class service to internal customers.
  • Support and participate in cross-functional Solvency II discussions
  • Liaise with individuals and teams across the Zurich Group as necessary
  • Effectively manage and develop relationships with senior colleagues within the company 

  

Finance

  • Support the coordination and validation of the Solvency II Technical Provisions
  • Provision of other reserving and finance actuarial support
  • Provide input and support to Solvency II Pillar II and Pillar III compliance and other relevant regulatory reporting.
  • Assist the Finance, Capital, Reinsurance, Risk and Investment teams on an ad-hoc basis
  • Undertake projects as agreed with the EMEA Senior Actuary

 

 

Your skills and experience:

  • Newly/part qualified member of a recognised professional Actuarial Organisation with at least 2 years of experience
  • Relevant actuarial experience (preferably non-life)
  • Experience in multiple functions strongly preferred.
  • Good knowledge of actuarial professional guidance and relevant legislation.
  • Good knowledge of finance and accounting practices, financial analysis, SII capital models (Internal Model and/or Standard Formula) and regulatory reporting; ability to apply this knowledge appropriately to diverse situations.
  • Basic knowledge of the insurance industry's trends, directions, major issues, regulatory considerations and trendsetters.
  • Basic knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.
  • Good knowledge of practices and policies governing disclosure of information about the organization, its business activities, and employees; ability to apply this knowledge appropriately to diverse situations
  • Customer focussed approach

 

 

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. #LI_HYBRID

The financials
  • 12% defined non-contributory pension scheme.
  • Annual company bonus.
  • Income Protection.
  • Life cover - four times your salary.
 
Time away
  • 25 days holiday a year plus bank holidays.
  • The option to buy up to an additional 20 days or sell some of your holiday.
  • Three days paid volunteering.
  • Up to 16 weeks' full pay for maternity, paternity and adoption leave.
 
Your health is important to us
  • Access to Private medical insurance.
  • Virtual GP appointments.
  • Discounted gym membership.
  • Free flu jab.
  • Access to a wealth of support from our wellbeing partners.
 
We're making a difference
  • Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the ‘UN Business Ambition for 1.5˚C’ pledge.
  • Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

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