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Actuarial Analyst - 1 year Placement

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Allianz

Oct 15, 2024

Applications are closed

  • Internship
    Full-time
    Placement Program
  • London

Requirements

  • Actuarial Science, Finance or any other highly numerate degree (2:1 or 1 predicted).
  • Valid Work permit for permanent work in the UK.
  • A Level Maths; with min A grade.
  • Enjoys communicating with a wide range of people (written and oral)
  • Is driven to help and support people
  • Committed to learning both through academic studies and on the job activities
  • Is a good team player
  • Has a logical/methodical approach to problem solving
  • Is analytical and forward thinking
  • Is able to work under pressure
  • A good team player, willing to support the team to meet changing priorities and requirements. Able to build effective working relationships with colleagues in other teams and across technical fields

Responsibilities

  • Produce a first cut of reserving for assigned classes. Ensure work is accurate, undertake adequate checks and produce documentation. Communicate results to the junior reviewer
  • Start to understand the various stages of reserving and get involved where appropriate
  • Carry out premium risk data preparation and modelling to ensure our insurance risk capital reflects the underlying risk
  • Contribute towards the Solvency II technical provisions by producing future loss ratios
  • Conduct statistical, segmentation analyses and monitoring to input to business decisions
  • Seek to improve process efficiency and automation via coding

FAQs

Do we support remote work?

Yes, we do support remote work in a hybrid format.

What is the location of the job?

The job is located in London or Guildford, with hybrid working options available.

What is the salary for this position?

The salary is dependent on experience, along with additional benefits.

What kind of degree is required for this role?

A degree in Actuarial Science, Finance, or any other highly numerate subject is essential, preferably with a 2:1 or 1 predicted.

Is work experience in the field required?

No specific prior work experience is required for this placement position, as it is designed for students.

What are the working hours for this position?

The specific working hours may vary, but Allianz is flexible with hours to meet the needs of both customers and employees.

What type of training and development opportunities are offered?

Allianz provides world-class learning and career development opportunities to support your growth throughout the placement.

Are there any additional benefits offered besides salary?

Yes, benefits include an annual bonus scheme, 25 days of holiday plus bank holidays, contributory pension scheme, life cover, group income protection, flexible holiday options, and discounts on various insurance products.

Is there a requirement for A-Level Maths?

Yes, an A-Level in Maths with a minimum A grade is a requirement.

How does Allianz support diversity and inclusion?

Allianz values diversity and inclusion and has multiple accreditations and employee networks focusing on various aspects of diversity to support an inclusive work environment.

Can candidates with disabilities apply?

Yes, Allianz supports candidates with disabilities or long-term health conditions through the Offer an Interview Scheme for those who meet the essential skills required for the role.

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Allianz

Our purpose: We secure your future. Our promise is to give confidence in tomorrow.

Finance
Industry
10,001+
Employees
1890
Founded Year

Mission & Purpose

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million private and corporate customers in more than 70 countries. We are proud to be the Worldwide Insurance Partner of the Olympic & Paralympic Movements from 2021 until 2028 and to be recognized as one of the industry leaders in the Dow Jones Sustainability Index. Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. Join us and together, let’s care for tomorrow.