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Graduate Actuarial Trainee (O910144)

Douglas, Isle of Man

Assurance & Insurance

£25,500 per annum plus excellent benefits package

Full time / Permanent

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Job description


Our leading Douglas-based Financial Services Sector Client is seeking a Graduate Actuarial Trainee to join their Actuarial Team Fund as the first step to an engaging new career.

The role would suit a highly numerate graduate with a degree in a mathematical or related subject. As part of a small team, but with an ability to work independently, the applicant is expected to undertake tasks across a variety of areas including pricing and product development, regulatory/internal reporting and actuarial liability modelling, as well as having the opportunity to contribute to the growth and development of the company through involvement in project work.

Role Profile

  • Support external reporting by assisting in the production of valuations to appropriate standards and within agreed timescales
  • Support internal financial reporting, including experience investigations to appropriate standards and in line with agreed methodologies
  • Assisting with the development and maintenance of actuarial liability models, checking data extract routines, and maintaining appropriate documentation
  • Take an active role in maintaining and developing illustration systems
  • Provide actuarial support to product development and pricing exercises
  • Providing actuarial support to project work as and when required
Person Profile
  • Be educated to honours degree level (minimum 2:1) in a mathematical (or related) subject with a proven track record of strong exam performance in mathematical subjects
  • Meet the requirements needed to join the Institute and Faculty of Actuaries as a student member (or equivalent body), or already be a member of such an organisation
  • Experience of Excel, including the use of VBA, would be beneficial
  • Very strong analytical skills and an attention to technical detail
  • Excellent inter-personal skills and an ability to communicate with people at all levels of the company in an effective manner
  • A proven self-starter with an ability to show initiative whilst asking for support where appropriate
  • An ability to write reports to a high standard

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