Location: Ipswich, Suffolk, UK (hybrid with 2 days a week in the office)
Term/working hours: Full time, permanent
Start: As soon as possible
Salary: Commensurate with experience
Benefits: Private medical insurance, company pension scheme, life insurance and critical illness cover, employee discount scheme, cycle to work scheme, electric car salary sacrifice scheme, ongoing training (financial support, study time and mentoring for learning a professional qualification).
Please note that we will consider Skilled Worker visa applicants - please state if this applies on your application.

SUMMARY

We are looking for a quantitatively minded self-starter who is keen to learn the particulars of a subject and apply them successfully to add value to the business.
The successful applicant will work as part of a small but growing analytical team and will be an effective communicator who can explain complex mathematical concepts to various departments within the business.

REQUIREMENTS

• Bachelors, Masters or Doctorate degree in an actuarial subject.
• Effective communication and ability to see the bigger picture.

PREFERRED SKILLS, QUALIFICATIONS AND EXPERIENCE:

• Programming experience in languages such as VBA, C, C++, HTML or PHP.
• Two years’ experience working with life insurance products.
• Ability to build complex financial models in Excel.
• Knowledge and some working experience of life settlements and investment funds.
• A professional qualification, or some examinations passed, in quantitative and financial subjects; for example, the CS, CM and/or CB series with the Institute and Faculty of Actuaries, or the CFA accreditation.
  Job Types: Full-time, Permanent
  Pay: £30,000.00-£39,000.00 per year

Benefits:

• Casual dress
• Company events
• Company pension
• Cycle to work scheme
• Free parking
• Health & wellbeing programme
• Life insurance
• Private dental insurance
• Private medical insurance
• Store discount
• UK visa sponsorship

Application question(s):

• Applications will only be considered if you have an actuarial degree or have passed at least some IFoA exams..

Education:

• Bachelor’s (required)

Work Location: Hybrid remote in Ipswich IP1 1U

• Analyse life insurance policies, optimise the future premium payments and calculate policy net present values for investors.
• Generate policy and portfolio valuation reports using our proprietary software, Cambridge Life Analytics®, and communicate the results to the other stakeholders, where applicable.
• Value the monthly book of policies and complete reporting on fund performance.
• Calculate the monthly reserve amounts for future premiums, expenses and fund redemptions.
• Learn about and follow trends about the US life insurance and life settlement markets and provide quantitative and qualitative research for internal investigations.
• Assist with creating financial models for various projects, for example, for optimising premiums on carrier specific secondary guarantees.
• Conduct and provide peer review of other analytical work, including financial models.
• Effectively communicate complex concepts to all members of the organisation when required.