Senior Actuarial Analyst

Purpose of Role

The role has a pricing and reserving focus but will also include producing and coordinating Management Information and also some general financial modelling work. The role will involve working as an integral part of the Actuarial team, and will involve undertaking broad business exposure and regular contact with senior stakeholders.


Once the approach and scope of the work has been agreed, the candidate fulfilling this role will be expected to work independently using the appropriate technical skills but also with an understanding and appreciation of the wider picture and overall work of the team and how this fits within Regis – while providing regular progress updates to the Actuarial Manager.


  • Quarterly & year-end reserve reviews & valuations using appropriate actuarial methods, including ultimate loss ratio, and run-off triangle techniques
  • Perform necessary reconciliation checks, and report justification of reserving methodology, assumptions & results to the relevant departments
  • Document rating & underwriting requirements for underwriting scheme builds in the Policy Administration System, and develop test plans for the initial underwriting build & subsequent monthly rating changes, and coordinate testing feedback to system implementers
  • Create models using stochastic and deterministic approach as appropriate, to determine the optimum re-insurance structure for new and existing mutuals.
  • Create and present models for portfolio analysis & monitoring, to deliver insight into key drivers of business performance.
  • Review technical elements of Management Accounts & review technical assumptions for business planning
  • Develop tailored solutions for start-up entities and ensure the client’s needs are met, working with underwriting and the business development teams as necessary
  • Design & maintain reports that provide useful claims & underwriting information (e.g. Claims Triangulation Reports) for management and other relevant departments.
  • Review technical elements of Management Accounts and review technical assumptions for business planning, working with Finance.
  • Support the development of the Regis enterprise risk management framework, contributing to the development of policies, procedures and methodology documentation for the Actuarial Function.
  • Manage the production of Management Information by setting out the calculations that are necessary and reviewing the reports.


University degree or higher in a mathematics, statistics, economics or similar numerate subject

Part-qualified/student member of the Institute & Faculty of Actuaries, or equivalent professional actuarial association.

Competent knowledge of MS Office, specifically Excel

Highly numerate with a sound conceptual capability & structured thinking

Strong command of actuarial techniques & detailed knowledge of actuarial models, including stochastic

Understanding of reinsurance and accounts.

Strong ability to solve problems by finding work-around solutions where necessary

Ability to discuss and agree the needs with a requestor of an item of work, and explain how the deliverable meets what has been agreed

Ability to write in a good standard of written prose that is precise and makes sense

Precise and has attention to detail

Ability to communicate confidently and effectively on technical topics to a wide range of audiences and to influence cross functional business decision making.

How to Apply

If you are interested in apply for this position please send your CV and a covering letter giving details of your experience and fit with this role to If you have any questions please contact us on 01892 888312.