Junior Reserving Analyst Milton Keynes, England
NHBC
Full Time
Milton Keynes, England
40000 - 48000 GBP ANNUAL Today
Job description
Overview:
At NHBC we are proud to be unique. No other organisation in our sector combines the variety of services and scale that we offer. As the market leader, our name is synonymous with new home warranty and insurance. Our people are driven by our core purpose to raise standards in housebuilding and protect homeowners.
Potential applicants are sometimes put off if they don’t meet 100% of the requirements. We think individual experience, skills and passion make all the difference, so if you meet the majority of the criteria, we’d love to hear from you.
Our inclusive culture
If you need any adjustments or additional support with your application, please let us know at [email protected]
Salary: £34,000 - £48,000 + up to 6% bonus per annum
Working Location: Milton Keynes (Hybrid working, office-based role)
Closing Date: 25/05/2023
At NHBC we are proud to be unique. No other organisation in our sector combines the variety of services and scale that we offer. As the market leader, our name is synonymous with new home warranty and insurance. Our people are driven by our core purpose to raise standards in housebuilding and protect homeowners.
Why you should join us
We are a modern, lifestyle and family friendly employer who are in a period of rapid growth, investing in technology, data and new ways of working. We need passionate, talented and driven people to join us on this journey.
We encourage our colleagues to work flexibly. We don’t promise we can offer you exactly what you want, but we are always happy to talk flexible working.
What we offer:
- 27 days annual leave (plus bank holidays) and a holiday purchase scheme
- Generous pension scheme, with an employer contribution of up to 10.5%
- Life Assurance (x4 salary)
- Subsidised private medical insurance
- Cycle to Work scheme
- Employee discounts platform, including gym discounts
- 24/7 employee assistance programme supporting your mental wellbeing
- 2 days volunteer leave
- Equalised maternity, paternity, adoption leave and pay for all new parents
What you’ll be doing
The main focus of the role is the provision of quarterly reserve updates, related analysis and recommendations to the Executive. Reserve related information also feeds into strategic initiatives, the business planning process, pricing, capital modelling and reinsurance. There is scope to develop the reserving process and help generate process efficiencies.
- Providing quarterly updates to the Technical provisions
- Communication of key reserve assessment outcomes and analysis
- Presenting to Reserve Committee and Audit Committee
- Regulatory and Reinsurance reporting and communication
- Projected technical provisions for business planning
- Reserve related parameters of the NHBC’s internal capital model
- Process improvements
- Planning of reserving work
The ideal candidate will have
- Experience working within financial services (can be work experience or volunteering if a recent graduate)
- Relevant degree for Actuarial work, 2:1
- Knowledge of actuarial techniques, market practice, relevant legislation and insurance market environment
- IT skills (MS Office, SQL, R, Python and/or proprietary GLM modelling software)
Potential applicants are sometimes put off if they don’t meet 100% of the requirements. We think individual experience, skills and passion make all the difference, so if you meet the majority of the criteria, we’d love to hear from you.
Your future with us
We have lots of fantastic examples across our business of people who are building their career with us. We are huge advocates of internal mobility and work hard to retain our best talent. We offer exceptional personal development and career progression opportunities. If you’re ambitious, driven and hard-working you will succeed with us. We’ll support you with full training, ongoing development, and the opportunity to gain recognised qualifications and professional memberships.
Our inclusive culture
We are committed to creating an inclusive culture that encourages everyone to bring their true selves to work. We fundamentally believe in the rights of all our employees and customers to be treated fairly, with dignity and respect, free from discrimination. We have active employee networks that support our colleagues and their allies, creating safe spaces for open conversations and the sharing of ideas.
If you need any adjustments or additional support with your application, please let us know at [email protected]
