We’re 1st Central, a market-leading insurance company utilising smart data and technology at pace. Rapid growth has been based on giving our 1.4 million customers exactly what they want: great value insurance with an excellent service. And that’s the same for our colleagues too; we won Insurance Employer of the Year at the British Insurance Awards 2024 and our Glassdoor score is pretty mega too!
1st Central are seeking an Actuarial Reserving Analyst who will provide analysis and insight on claims reserves, assisting in calculating an appropriate Best Estimate claims reserve for Motor and Home classes of business and making recommendations to senior members of the Reserving team. You will also be required to analyse detailed claims and premium data to be used within the actuarial reserving analysis.
We’re big on flexible hybrid working. Our teams are based across Salford Quays (Manchester), Haywards Heath (West Sussex), and Gibraltar. We primarily work from home but value collaboration, so we come together in person to keep ideas flowing, typically once a week or fortnight. Prefer being in the office more often? That works for us too.
We’re looking for someone who has:
- Technical & Systems Skills: Advanced MS Office skills, particularly Microsoft Excel skills any experience of using actuarial and data software such as ResQ is highly advantageous
- Data & Statistical Analysis: Strong data analysis skills, with the ability to create and adapt reports and apply appropriate statistical techniques based on the scenario. Experience with data analysis tools (e.g. SAS, R, Python) and Excel, including methods such as linear regression.
- Analytical Thinking & Problem-Solving Skills: Strong analytical and numerical skills, with a logical approach to problem solving
- Industry Experience: Some experience of working within a personal lines insurance company, with exposure to Motor and/or Home lines of business.
- Education & Qualifications: Degree in a mathematical or science-based discipline
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