Supports UK actuarial reporting, Lloyd’s and PRA regulatory requirements, Solvency II technical provisions, reserving reviews, actuarial function reports, management information, and actuarial projects. Collaborates with pricing, reserving, underwriting, claims, finance, risk, and capital teams while contributing to technical actuarial decisions and stakeholder responses.
Job Description
SUMMARY
- The purpose of the Actuarial Analyst is to assist with the analysis and reporting within the UK Actuarial Function, supporting the achievement of Sompo UK’s strategic objectives. The role requires strong communication skills given the need to interact with various teams including other Actuarial areas, Underwriting, Claims, Finance, Risk and Capital, amongst others.
- The role is a junior position in the UK Actuarial Function team, overseen by the Chief Actuary, Sompo UK.
KEY RESPONSIBILITIES
- Assist in the delivery of accurate management information and reporting for the UK entities, applying market insights and critical judgement to the process:
- Support the Lloyd’s reporting requirements for the Syndicate 4711 as well as responses to requests from the PRA.
- Development of Management Information to enhance Executive, Board and Senior Management understanding of key actuarial insights, in respect of all aspects of the UKAF.
- Support to the Head of UK Regulatory Reserving relating to the SII/Technical Provisions.
- Work collaboratively with other business functions in fulfilling the UKAF’s objectives:
- Assist with the preparation of the Actuarial Function Holder reports.
- Support and assist in actuarial projects and initiatives.
- Assist with independent reviews, responding to both internal and external stakeholder challenge.
- Collaborate with pricing and reserving to strengthen the feedback loop between the teams.
- Support with the review and challenge of the UK entity reserving results.
- Be able to effectively articulate the legal and regulatory demands impacting the actuarial team and broader business.
- Contribute to decision making with regards to technical actuarial issues.
QUALIFICATIONS AND EXPERIENCE
- 2- 5 years within an actuarial role in general insurance with relevant experience of actuarial analyses and project related work.
- Strong interpersonal and communication skills.
- Good organisational and problem-solving skills.
- Able to work independently and collaboratively as part of a team.
- Proficient in MS Office applications; Word, Excel, and PowerPoint. Ability to utilise Power BI and use of programming languages will be helpful, but not a necessity.
Similar Jobs
Professional Services • Consulting
Actuarial Analyst supporting risk consulting and analytics projects for global insurance clients. Responsibilities include model development, analytics delivery, client presentations, methodology explanation, actionable recommendations, sales and client-service support, and collaboration with global teams. The role requires actuarial or analytics expertise, general insurance knowledge, programming proficiency, Excel skills, and consulting project experience. Familiarity with catastrophe modeling, Solvency II, capital modeling, Lloyd’s, or London Market insurance is advantageous.
Top Skills:
ExcelPythonR
Fintech • HR Tech • Insurance • Consulting
Actuarial Analyst supporting analytics and risk consulting projects for global insurance clients. Responsibilities include model development, analytics delivery, client presentations, methodology explanations, actionable recommendations, sales and client service support, and collaboration with global teams. The role requires actuarial or analytics expertise, general insurance knowledge, consulting experience, Excel and programming proficiency, and strong presentation skills. Familiarity with Python or R, catastrophe modeling, Solvency II, capital modeling, Lloyd’s, or London Market insurance is advantageous.
Top Skills:
Capital ModelingCatastrophe ModelingExcelPythonRSolvency Ii
Insurance
Supports longevity reinsurance business acquisition, in-force portfolio monitoring, profitability analysis, valuation assumptions, pricing bases, and treaty compliance. Responsibilities include modeling in-force business, maintaining Excel-based calculation tools, producing management information and KPIs, automating processes, analyzing risks, troubleshooting account issues, and supporting client relationships. The role requires actuarial exam progress, strong numerical and data analysis skills, communication ability, and Excel proficiency.
Top Skills:
ExcelMicrosoft PowerpointMicrosoft Word
What you need to know about the London Tech Scene
London isn't just a hub for established businesses; it's also a nursery for innovation. Boasting one of the most recognized fintech ecosystems in Europe, attracting billions in investments each year, London's success has made it a go-to destination for startups looking to make their mark. Top U.K. companies like Hoptin, Moneybox and Marshmallow have already made the city their base — yet fintech is just the beginning. From healthtech to renewable energy to cybersecurity and beyond, the city's startups are breaking new ground across a range of industries.
