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Senior Actuarial Analyst - (Part-Time, Job-Share, Full-Time)


Location: Flexible but must be commutable to Fareham or London – hybrid working



The opportunity: 

An excellent opportunity has arisen in a newly created Actuarial Projects team to support UK P&C Actuarial. The team will be responsible for actuarial projects, performing bespoke reserving exercises and delivering analytics across the UK portfolio, while helping to communicate the financial risk and its consequences, all of which are fundamentally important to our business. The team will also partake in regulatory reporting.  


Experience in Reserving, IFRS17 and regulatory reporting), as would previous exposure to PRA supervision would be advantageous.


There is flexibility in the location of the role, with the P&C Actuarial team split between London and Fareham, with flexibility to work remotely part of the time.


Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.



What will you be doing? 

  • Support the Head of Actuarial Projects in delivering actuarial services to the UK Chief Actuary P&C, Heads of Reserving and other business partners, including insights into underlying performance and business implications on topics with a moderate to high level of complexity
  • Liaise regularly with the Heads of Reserving and their teams to provide support with the reviewing, reporting and communication of results on an IFRS and Solvency II basis each quarter
  • Support in the delivery of new analyses and insights to develop a deep understanding of the UK P&C business model, its underwriting strategy and its interactions with customers
  • Support and advise Finance, market-facing business units, and other functions on reserving and strategic business decisions
  • Clearly highlight, document and explain any assumptions made
  • Assist in regulatory queries, specific portfolio reserving analyses and deep dives to aid senior management decision making
  • Drive continuous improvement in all pieces of work conducted



What are we looking for?

  • A nearly/newly qualified actuary, financial accountant or business analyst with a demonstrable level of experience, including experience in IFRS17 and Pillar III regulatory reporting and governance in the UK general insurance sector (i.e. QRTs and NSTs).
  • A serious and professional attitude towards compliance of regulatory submissions with an eye for attention to detail in order to support accuracy.
  • A high level of numeracy skills and an analytical approach to work is essential.
  • Working knowledge of SQL, R, VBA, or other equivalent coding languages of benefit.
  • Excellent team-working, communication and interpersonal skills are also required.
  • Professional manner, enthusiastic and positive attitude.
  • Able to cope with change, manage and meet deadlines and work under pressure.
  • Communicative, with an ability to understand the wider picture.
  • Able to use a creative, open-minded and proactive approach.



What happens next?

As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.



Who we are:

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet.


With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.


We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.


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. Be part of something great.



Our Culture: 

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.


We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.


We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million. #li_hybrid


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

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.
  • You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
  • 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.

Apply now »