Senior Actuarial Analyst
(Full time, Permanent)
Are you ready to join one of the fastest-growing insurance companies with a warm, inclusive culture? We’re building a diverse team that combines unique strengths to drive our business forward — and we want you to be part of it.
About the Role:
As a Senior Actuarial Analyst, you’ll play a key role in producing important actuarial reports and data for our UK portfolios. This includes calculating best estimate reserves in line with Group and UK reserving policies and preparing Technical Provisions in compliance with Solvency II requirements.
What We Offer:
Comprehensive training to help you grow your skills and expertise
Ongoing support with a personalised development plan to advance your career
A collaborative and inclusive work environment where your contributions matter
If you’re looking for a new challenge and the opportunity to take your career to the next level, we’d love to hear from you.
Responsibilities
Reserves and Technical Provisions for UK portfolios:
* Use professional judgement and experience to determine best estimate of claim reserves on a quarterly basis, with a focus on a specific business segment (e.g. Commercial Motor) and support in other segments. Work in accordance with company policies and regulatory and professional standards, meeting the reporting timetables
* Taking a lead in the ongoing interaction with business counterparts, including claims and underwriting, in order to recommend realistic best estimates to the Senior Reserving Manager for allocated segments. Work to prompt resolutions of any queries which may influence the recommended reserves
* Contribute to preparation for the UK Reserving Committee; play a key role in business engagement meetings and set out key judgements and uncertainties
* Contribute to discussion of reserving risks, to enable Reserving Committee to set margin in line with AND-UK Reserving Policy
* Calculating technical provisions in accordance with Solvency 2 regulations, including coordination of the update of assumptions according to annual timeline
* Assisting with auditor queries, taking a proactive approach to resolving queries rapidly
* Ensure accuracy of information provided, with adequate checks. Ensure up-to-date documentation of processes and methodologies.
Supporting the business:
Contribute to forecasting and planning alongside finance colleagues
Liaising with Pricing/Underwriting to ensure an adequate feedback loop between pricing and reserving, and helping to embed relevant underwriting information into reserving
Contribute to providing required information to the reinsurance team for renewals
People Management:
Contributing to team meetings, team development and training
Help line manager set objectives for the following period
Capital:
Assisting parameterisation and reviewing of assumptions that feed into the capital model, determining our capital requirements for ANDI-UK
Actuarial Function:
Support production of the Actuarial Function Holder’s report and related Solvency II / Risk Management deliverables, as required
Projects:
Support with the Group’s IFRS 17 implementation project, as required
Support the ongoing transformation and simplification of the reserving processes, taking a proactive role in continuous improvement.
Knowledge, Experience and Qualifications
* Strong understanding of general insurance actuarial concepts, with hands-on experience in reserving Progress toward Actuarial qualification. Up to date knowledge of actuarial reserving techniques
* Up to date knowledge of relevant UK and EU regulations (e.g. Solvency 2)
* Appetite for hands-on, technical actuarial work, and ability to reach pragmatic solutions when needed. An eye for simplification and efficiencies
* A high degree of accuracy and ability to check own and others’ work
* Communicates confidently to people with a range of professional and cultural backgrounds, being able to integrate business knowledge into their own work and work in partnership with the relevant business line
* Ability to supervise junior team members.
Why Join Us?
At AND-E, your growth and well-being matter. We’re dedicated to supporting you in excelling at your current role while providing exciting opportunities to take on new challenges and propel your career forward.
We know that finding the right fit is key — so here’s why our people love working here:
* Award-Winning Employer: Proudly recognised as the Best Large Insurance Employer 2023 at the British Insurance Awards.
* Exceptional Work-Life Balance: Flexibility is part of our culture — because life happens. Whether it’s your child’s school play or a home delivery, we trust you to manage your time.
* Competitive Salary & Benefits: We value your skills and expertise and offer a package that reflects that.
We champion choice, flexibility, and balance in both work and home life. Our commitment to diversity, equity, and inclusion ensures everyone feels valued and supported — including embracing neurodiversity and providing the tools needed to thrive.
Our Benefits Focus on Your Health,
Wealth & Lifestyle:
* Up to 28 days annual leave, with the option to buy or sell up to 5 days*
* Discretionary 10% Annual Bonus*
* Healix Private Medical Insurance options*
* Life Assurance at 3x annual salary*
* Comprehensive Health & Well-being Support including cashback on health expenses, free flu jab, 24/7 virtual GP, employee assistance programme, and enhanced family-friendly policies (e.g., £200 baby bonus)
* Financial perks such as £250 towards driving lessons*, interest-free season ticket loans*, cycle scheme discounts, Wagestream for financial flexibility*, and pension advisory services.
*Subject to company performance and completion of probation.
At AND-E, equal opportunity is more than a policy—it’s a promise. We welcome applications from all individuals regardless of age, disability, gender identity, marital status, pregnancy, race, religion, sexual orientation, or any other protected characteristic