Actuarial Analyst

  • West Midlands
  • Competitive
  • Insurance
  • Fixed-Term

Actuarial Analyst
Grade: Supervisory / Technician
Managers Name: Hayley Poltorak
  
How You’ll Help Shape Brighter Futures with Wesleyan 
This role is responsible for supporting the management of daily operational and oversight activity, whilst also having interactions with customers, third party administrators and financial advisors (tied) daily. Additionally, your work will be channelled through emails, Teams, phone calls and workflow system.

About the Role
We’re looking for an Actuarial Analyst to join our Group Finance team, where you’ll have the opportunity to work across a broad range of actuarial disciplines, supporting business-critical activities including capital management, financial reporting, product pricing, data, regulatory change and with-profits business.
This is an excellent opportunity for a graduate or part-qualified actuary looking to develop their technical expertise while gaining exposure to a wide variety of projects and stakeholders across the business.
What You’ll Be Doing Depending on your experience and the needs of the team, you’ll be involved in a range of activities including:

  • Supporting actuarial valuations, solvency reporting and regulatory submissions.
  • Performing experience investigations and maintaining actuarial assumptions and models.
  • Supporting capital management, ORSA production and financial forecasting.
  • Contributing to product pricing, profit testing and product development.
  • Supporting with-profits management, including bonus investigations, asset shares and policyholder fairness reviews.
  • Developing and maintaining actuarial models, data processes and reporting tools.
  • Providing actuarial input into strategic business projects, system developments and regulatory change initiatives.
  • Analysing financial and actuarial data to produce meaningful insights and management information.
  • Working closely with Finance, Investment, Data and Change teams to improve processes and deliver business objectives.
  • Supporting testing, implementation and continuous improvement of actuarial systems and processes.
  • Preparing analysis and reports for senior management and governance committees.

What You’ll Bring 
You’ll be a collaborative and analytical individual who enjoys solving complex problems and working with data.
We’re looking for someone with:

Essential

  • A degree in Actuarial Science, Mathematics, Statistics, Physics, Engineering or another highly numerical discipline (2:1 or above preferred).
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail.
  • Good communication and interpersonal skills.
  • Ability to work effectively both independently and as part of a team.
  • A commitment to studying towards the Institute and Faculty of Actuaries (IFoA) qualification (where applicable).

Desirable

  • Progress towards the IFoA actuarial qualification.
  • Experience within a UK Life Insurance or Financial Services environment.
  • Knowledge of actuarial modelling software such as Prophet.
  • Strong Excel and data analysis skills.
  • Experience working with databases or programming languages such as SQL, VBA, Python or R.

What You’ll Gain

  • Exposure to a wide variety of actuarial disciplines and business areas.
  • Opportunities to work on high-profile strategic and regulatory projects.
  • Support for your professional actuarial qualification and career development.
  • A collaborative environment where you’ll work alongside experienced actuaries and finance professionals.
  • The opportunity to make a meaningful impact on business decisions and customer outcomes.

Growing at Wesleyan
We’re building a culture where everyone belongs. Diversity isn’t just a policy—it’s part of who we are. Whatever your background, we want you to feel valued and empowered to thrive. With over 35% of our vacancies being filled by internal colleague moves, we are committed to supporting your development within the business.
If you need reasonable adjustments during the recruitment process, just let us know—we’re here to support you. 

Ready to Shape Your Future? 
Please discuss you application for this role with line manager before applying for this position, so that we can support your progression and development. 
  
What to Know Before Applying 
Please note: We are giving priority interview opportunities to colleagues whose current roles are At Risk of Redundancy. If we receive interest for this role from this group of colleagues who demonstrate the minimum criteria, they will be considered first.
  
We’re proud supporters of the ABI Making Flexible Work campaign, which means we’re open to discussing flexible working, job shares, and part-time options.

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Additional Information

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