Actuarial Analyst

Job Description

***Remote/home working with occasional visits to our Kent or London office***Our people are everything to us. The way they deliver exceptional experiences every day for our customers, for their colleagues. The way they own what they do. Their Whys it like that curiosity. How they always think of others and work together to getthings done. For us, for you, make do will never do. Good enough Not even close. Come and do the best work of your life alongside lovely colleagues. Come to Saga.And right now we are looking for an Actuarial Analyst to work within our busy Actuarial team. You will help build, manage and improve regular processes which typically require the use of specialist actuarial software packages. You will investigate and solvesome of the organisations toughest problems and deliver tangible business value through managing claims trends, accurate liability valuation, capital efficiency and reinsurance evaluation.You will bring actuarial skills and an ability to understand business process to make quality judgements to set methodologies and assumptions used in reserving and capital modelling processes. You will contribute to defining and monitoring ML use cases acrossthe business and satisfying regulatory requirements on Solvency II and IFRS reporting bases.Youll have a desire to understand actuarial disciplines such as claims reserving, capital modelling and reinsurance evaluation and excel at investigating trends and communicating technical output clearly and confidently to all stakeholders of all levels.In return, you can look forward to all the responsibility and involvement of an integral role, providing you with a rewarding and fast-paced career with an excellent benefits package.So, if this is of interest to you then we would be keen to hear from you! Package DescriptionThe standard benefits when you join Saga include:

• Remote working available where possible
• 25 days annual leaveplus bank holidays with the choice tobuya further 5 days annual leave per year
• Free private medical insurance after 1years service
• Workplace Pension
• AXA Be Supported
• A range of reductions and offers from leading retailers, travel groups and entertainment companies

Main Responsibilities

• Working to ensure appropriate methodologies and assumptions are applied to business problems and that results are interpretable and explainable to non-technical business partners.
• Contributing to the monthly reserving process to value the claims reserves and report on results to the Actuarial team.
• Contributing to all 3 pillars of Solvency II requirements (quarterly and annual quantitative reporting templates, ORSA, SFCR, RSR, Actuarial Function Report (AFR)).
• Collaborating across the Saga business where required, contributing actuarial expertise and knowledge to bespoke projects.
• Working with ClaimsOps and Claims Analytics to develop Machine Learning use cases and track the benefits.
• Maintaining and developing transparency and documentation around actuarial team process.

The Ideal Candidate

• Bachelor/Masters in actuarial science, mathematics, statistics, or related discipline. You may be a recent graduate.
• Strong numerical and statistical capabilities.
• Excellent verbal and written communication skills.
• Comfortable working with large amounts of data.
• Proactive, with a strong desire to learn. Demonstrates enthusiasm and self-motivation.
• Strong organisational skills, e.g. manages time effectively, prioritises work appropriately, documents work thoroughly.
• Coding skills preferable, in particular SQL/Snowflake.

Our Saga Values:

• Precision Pace- Always owning and making things happen.
• Empathy Always aware of others.
• Curiosity Always asking why.
• Collaboration Always one team, the Saga team!

At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity not just because it is the right thing to do, but because diverse teams perform better.Fair consideration is given to applications from all applicants, including those with disabilities and those over who are over 50as we are champions of age inclusivity. We are an official Disability Confident employer and ensure that our recruitment processis inclusive and accessible and we will make reasonable adjustments as required. For more information on our DEI policies please visit our Saga Careers page.#L1-MB1