Actuarial Trainee

  • Post Date: August 26, 2020
  • Isle of Man
Job Description

Role Description:
The role would suit a highly numerate graduate with a degree in a mathematical or related subject. As part of a small team, but with an ability to work independently, the applicant is expected to undertake tasks across a variety of areas including pricing and product development, regulatory/internal reporting and actuarial liability modelling, as well as having the opportunity to contribute to the growth and development of the company through involvement in project work.

– Supporting external reporting by assisting in the production of valuations to appropriate standards and within agreed timescales.
– Supporting internal financial reporting, including experience investigations to appropriate standards and in line with agreed methodologies.
– Assisting with the development and maintenance of actuarial liability models, checking data extract routines, and maintaining appropriate documentation.
– Taking an active role in maintaining and developing illustration systems.
– Providing actuarial support to product development and pricing exercises.
– Providing actuarial support to project work as and when required.

Knowledge and Experience:
– Be educated to honours degree level (at least second class division 1) in a mathematical (or related) subject with a proven track record of strong exam performance in mathematical subjects.
– Meet the requirements needed to join the Institute and Faculty of Actuaries as a student member (or equivalent body), or already be a member of such an organisation.
– Experience of Excel, including the use of VBA, would be beneficial.
– Very strong analytical skills and an attention to technical detail.
– Excellent inter-personal skills and an ability to communicate with people at all levels of the company in an effective manner.
– A proven self-starter with an ability to show initiative whilst asking for support where appropriate.
– An ability to write reports to a high standard.

Phone 01624 615600