Graduate Actuarial Analyst (1886)

  • Location: Gloucester
  • Duration: Permanent
  • Working hours: 35 hours a week, Monday to Friday
  • Application end date: 01/11/19

About the role

Ecclesiastical Insurance are looking for an Actuarial Graduate to work in the Group Capital Team, helping develop, test and use our Group Internal Model in order to add value within the business and meet regulatory requirements. 

Key accountabilities

The main focus of the role will be to support the Group Capital Team in developing, testing and using the Internal Model. Our Internal Model is built using Willis Towers Watson’s Igloo software.
This includes support in successfully delivering the team’s objectives, including an annual SCR update, completion of regulatory returns, ongoing model development and high priority model uses (e.g. reinsurance strategy, investment strategy).
You will:
  • Contribute to core actuarial analysis and reporting for the actuarial team, producing accurate work within set deadlines.
  • Contribute to actuarial projects as appropriate.
  • Undertake analyses as directed to provide insights into relevant aspects of the business.
  • Communicate effectively both within the actuarial department and across the wider business.
  • Pro-actively learn and apply actuarial concepts and methodologies and improve industry knowledge.
  • Keep abreast of current and emerging technical standards and best practice.
  • Carry out relevant data gathering/validation exercises to meet the on-going business needs. 

Knowledge, skills and experience

  • Effective communication skills, with proven ability to build effective relationships.
  • Demonstrates sound and commercial judgement and ability to design practical and proportionate solutions.
  • Strong IT skills.
  • A strong track record of personal success as well as academic achievement.
  • Some work/placement experience undertaking work with an analytical focus would be desirable. 
  • Experience of working in a GI, Life or Pensions actuarial department desirable.


  • Degree or equivalent in statistics, actuarial studies, computing, mathematics.
  • A track record of success and achievement in education.
  • Exemptions to previous actuarial exam passes are beneficial although not essential.