Actuarial Assistant

Progressive opportunity for a leading and international business! Opportunity to work in overseas.

Location - Surrey

Salary - 45000 - 65000 per annum plus bonus plus benefits

Education - Part qualified Actuary and educated to degree level

Experience - Previous Non Life experience preferred

Reporting in to the Chief Actuary, the Actuarial Assistant will work as a key member of the Actuarial and Underwriting team.

The Actuarial Assistant will assist in the risk assessment of existing and new business opportunities, provide client performance reviews of all existing material clients across Europe, including embedded profit calculations.

The Actuarial Assistant will assist with the annual planning process as directed by the Chief Actuary, assisting in the production, and maintenance of a process for producing, an Individual Capital Assessment (ICA) in line with FSA regulations. Going forward, this should include a full annual assessment, an interim update and adhoc reassessment as and when the situation and conditions require.

The Actuarial Assistant will support ongoing financial and Operational Risk management and assessment. The Actuarial Assistant will assist the Chief Actuary in setting the group claims reserving policy and methodology.

The Actuarial Assistant will calculate the levels of technical provisions to hold within the company on a regular basis, in particular IBNR claims, reported claims, unearned premium and unexpired risk reserves.

The Actuarial Assistant will assist the Actuarial Function Holder (AFH) to perform the duties of the AFH for the company including producing an annual report on the statutory reserves and reserving basis.


We experience very high response rates to our vacancy advertisements. We do not however feel this is any excuse for not acknowledging your application and as part of our total candidate care initiative we will always endeavour to do so. If you have not heard from us 4 working days from the date of your application please contact us for an explanation.
Enjoy Finance acts as an employment agency and as an employment business as defined by the Employment Agencies and Employment Business Regulations 2003. Enjoy Finance is an equal opportunities employer and offers a free and confidential service to candidates.