Working hours: 35 hours per week, Monday to Friday
Duration: Permanent
Location: Gloucester
Job ref: 204073
About the role
Ecclesiastical Insurance, who are proudly part of Benefact Group are looking for a Graduate Actuarial Analyst to join our Gloucester office.
As a Graduate Actuarial Analyst you will play an important role in supporting the Group Capital Team in developing, testing and using the Internal Model. This includes support in successfully delivering the team’s objectives, including quarterly regulatory and internal capital requirements, and high priority model uses (e.g. reinsurance strategy).
The role offers a competitive Actuarial Study Support package.
Why join us?
Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK’s top 50 Best Large Companies to Work For in 2024, we offer fantastic career and development opportunities within a rapidly growing, innovative Group—where all profits go to charity and good causes.
What you’ll be doing
Undertaking core actuarial analysis and reporting, producing accurate work within set deadlines.
Contributing to actuarial projects, developing & applying appropriate methodologies.
Undertaking analyses as directed to provide impactful insights into relevant aspects of the business.
Communicating effectively both within the actuarial department and across the wider business.
Pro-actively learning and applying actuarial concepts and methodologies and improving industry knowledge.
Keeping abreast of current and emerging technical standards and best practice.
Carrying out relevant data gathering/validation exercises to meet the on-going business needs
What you’ll need to have
Degree or equivalent in statistics, actuarial studies, computing, mathematics
Excellent analytical & mathematical skills
Effective communication skills, with proven ability to build effective relationships.
Strong IT skills
A track record of success and achievement in education.
What makes you stand out
Work/placement experience undertaking work with an analytical focus
Exemptions or passes in actuarial exams are beneficial although not essential.
What we offer
A competitive salary - let’s discuss it
Hybrid working
Group Personal Pension - up to 12% employer contribution
Generous annual bonus scheme between 6% and 24%
25 days annual leave plus bank holidays, and a holiday buy and sell scheme
An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
£200 annual personal grant to a charity of your choice
Encouraged to take at least one volunteering day per year
Employee Assistance Programme
Full study support to gain professional qualifications
Access to virtual GP
Enhanced maternity and paternity pay
About us
Ecclesiastical Insurance offer insurance with award-winning service across a broad range of specialisms, including faith, charity, heritage, education, art and private client, real estate and schemes, across Ireland, Canada and the UK.
As a business, we’ve been trusted to protect some of the UK’s best-loved and most iconic buildings for over a century, and we’re not standing still. We’re a forward thinking, energetic organisation entering new markets, with an ambition to double our size, because when we grow, we give back more.
Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.
We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.

IF YOU NEED ANY ADDITIONAL SUPPORT DURING THE RECRUITMENT PROCESS, THEN PLEASE LET US KNOW.

• Directory of Social Change’s UK Guides to Company Giving 2017-26

Please refer the Job description for details