Actuarial Assistant
Location – UK Virtual, remote working
Full study support for UK Actuarial exams (IFOA). This includes paying for membership subscriptions, exam materials, study days, and exam-based pay increases if successful.
Company Overview
Assurant is a global business services company that protects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world's leading brands to develop solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.
Our Values:
Common Sense, Common Decency, Uncommon Thinking and Uncommon Results guide our every action at Assurant. These values inspire our commitment to be a responsible corporate citizen.
The Opportunity:
Reporting to the Supervisor, Actuarial, the Actuarial Assistant will provide high-quality output from actuarial activities, with the opportunity to progress in the business and commence qualification as an actuary.
You will offer insights for a complex business across multiple geographies and products. This will suit a candidate keen to experience a broad range of actuarial work. You will work with senior management and contribute to decisions made in the business.
You will be someone who is keen to solve a broad range of our challenges, be comfortable working in a small team and taking responsibility for several processes.
You Will:
- Perform Solvency 2 calculations such as Technical Provisions and Solvency Capital Requirements
- Contribute to model development
- Run and progressively automate essential regular reports
- Work with other departments to ensure controllership over data feeds
- Help with population of annual reporting templates (QRTs)
- Help with migration between actuarial software platforms
- Provide contributions to annual Actuarial Function Report (AFR) and Own Risk Solvency Assessment (ORSA) for both UK and Dutch entities
- Contribute to experience analysis and assumption setting
- Support senior team members with audit activity
- Ad hoc actuarial modelling and project work
You will have:
- A (2.1) result in a numerical degree - preferably mathematics, statistics or actuarial science
- Experience in an actuarial role in the general insurance industry
- Membership of IFoA or a similar body – or the intention to become a member and follow an actuarial career path
- Knowledge or experience of Solvency 2 modelling and understanding of relevant regulation
- Experience communicating to multiple partners using a variety of formats
- Data handling skills such as; Excel (at an advanced level), SQL, PowerBI, Experience of actuarial modelling software, Understanding of professional requirements
Benefits & Training
- Bonus Scheme
- Study and exam financial support
- Range of benefits; Financial, Wellbeing, Social
- Pension Scheme
- Flexible Working
- Internal Wellbeing Program
- Learning and Development opportunities
At Assurant, diversity helps us inspire creativity in the global marketplace, and we are believers in the strategic value of inclusion and how it improves performance, creates growth opportunities, better aligns us to our clients, and enhances employee engagement.
We look forward to receiving your application!
#LI-Remote
Top Skills
What We Do
Assurant is more than a place to work. It’s a place where your work matters.
Our employees are the heart and soul of our company. Our work environment fosters teamwork and collaboration. We provide ways to make meaningful contributions, learn and develop professionally. We encourage creativity and innovation. The more our employees succeed, the better we are able to serve our customers.
Assurant is the company that protects and secures the places people live and the things they buy. We’re a Fortune 500 company with approximately 16,000 employees in 21 countries across North America, Latin America, Europe and Asia-Pacific. We help keep life running smoothly for more than 300 million people around the world. Protecting 38 million mobile devices. 40 million motor vehicles. 80 million appliances. 36 million mortgages. And that's just the beginning.
Our Uncompromising Values
Our values guide the way we support our customers and work with one another.
Common Sense - We seek simple, straightforward solutions that keep life running smoothly for the clients and consumers we serve.
Common Decency - We act with integrity. We treat others with respect, courtesy, and kindness. We’re honest, transparent and committed to doing the right thing.
Uncommon Thinking - We're never satisfied with the status quo. We seek diverse perspectives and thrive on challenge. We believe there's always a way to build upon our successes.
Uncommon Results - We focus on actionable solutions that deliver measurable results. We approach each challenge with a sense of urgency, striving to exceed every expectation.
Our Purpose
Assurant helps our clients protect and support the major purchases people make. Things like their homes, cars, appliances and phones. But we understand what matters most. It’s not the things we protect. It’s the millions of people we serve.
