Trainee Actuary

Location
Bexhill-On-Sea, East Sussex
Salary
Negotiable
Posted
04 Sep 2019
Closes
02 Oct 2019
Ref
MB2496
Contact
Hastings Direct
Function
Data
Contract Type
Permanent
Hours
Full Time

We have an exciting opportunity within our Actuarial team, for a highly numerate and analytically minded individual. You will have the support network, flexibility and guidance to develop a career and undertake your IFOA qualification. The Role This role provides analytical and actuarial pricing support to the head of modelling. Working within a team of 10, you will perform and assist in predictive modelling projects, demonstrating a combination of commercial acumen with sound analytical skills to make the most of this internal and external data. Your remit will include the following; · Working with other team members, maintain existing Models by refreshing claims data, analysing results and identifying any new trends or interactions by risk factor · Support reviews of scoring datasets (e.g. postcode, vehicle & occupation) and rating indexes (e.g. Fraud Index, ID score) · Analysis of internal and external data to make recommendations on new data items or feeds to enrich customer quotes · Compile actuarial based management information as required · Complete projects individually and in small teams, for underwriting, claims and antifraud About us Hastings Group, a FTSE 250 listed entity, is a fast growing, agile, digitally focused general insurance provider of products and services to over 2.6 million customers in the UK, employing over 3,000 colleagues. The Group comprises two trading entities; Hastings Insurance Services Limited (trading as "Hastings Direct"), a UK retail intermediary, and Advantage Insurance Company Limited, a Gibraltar based insurance underwriter. Required experience · Strong academic background with a minimum 2:1 degree in a relevant degree · Good communication skills at all levels · Inquisitive nature and ability to work efficiently · Numerically minded, coupled with an analytical approach Advantageous Experience · Experience in modelling, usage of statistical packages (e.g. R/Strata/SAS), programming skills and industry or actuarial knowledge · Knowledge of UK personal lines market · Awareness of underwriting & pricing methods and rules

Personal attributes As a growing department, your role can really help make an impact on both the development and delivery of this function - it will be exciting, busy, varied and challenging so a roll sleeves up, hands-on approach is an absolute must. · Natural problem solver who communicates effectively to all stakeholders. · This is a dynamic, fast paced working environment - candidates should be comfortable working within that setting. · Great attention to detail - systematic approach to managing your workload. · Embraces opportunities to develop and learn - shows a great level of self-awareness and drive. Benefits for you Please find some of the great benefits we offer here at Hastings Direct; Competitive basic salary which we will share with you upon shortlisting, but do feel free to email the Recruitment team for more details in advance of your application - · Flexible working opportunities · Study support time · Up to 5% bonus earning potential · 25 days holiday · Life assurance · Competitive pension · Flexible benefits - buy or sell holidays · Discounted Hastings Direct products · Discounted rail travel · A friendly, dynamic and flexible environment with a test-and-learn culture · Initial training & support for further development to grow your capabilities · Structured career path that rewards achievements and solid performance Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks. This role will be advertised between the 4/9/2019 and 7/10/2019.

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