Actuarial Analyst - 12 month fixed term

Actuarial Analyst - 12 month fixed term

Working hours: This role is available on a part-time, job-share or full-time basis.

Location: London - Hybrid working

The opportunity:

We're looking for a newly / part qualified Actuary to join the EMEA Actuarial Center of Excellence team for a secondment, assisting in production and review of EMEA P&C Reserve Committee packs and on the production of Solvency II Technical provisions, and other Solvency II and regulatory actuarial processes, to enable Zurich Insurance Europe (ZIE) to meet its requirements in these topics.

You will perform standard actuarial and performance analytic tasks as assigned with minimal direct supervision; and perform more complex analyses under the supervision of more senior actuaries. You will be delivering work to consistently high quality standards, including professional standards.

What will you be doing?

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.

What are we looking for?

• 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.

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.

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. 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'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.

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.