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As a senior actuarial analyst within the Actuarial team, I help build, manage, and improve regular processes which typically require the use of specialist actuarial software packages. My role requires #Curiosity to investigate and solve some of the organisation’s toughest problems and deliver tangible business value through managing claims trends, accurate liability valuation, capital efficiency and reinsurance evaluation. I am responsible for reviewing the work of junior analysts.

My role requires actuarial skills and an ability to understand business process to make quality judgements to set methodologies and assumptions used in reserving and capital modelling processes. I am required to contribute to defining and monitoring ML use cases across the business and satisfying regulatory requirements on Solvency II and IFRS reporting bases. #Collaboration is key as I link with different teams internally, external auditors and consultants.

My skills are both technical and non-technical and I have a desire to understand actuarial disciplines such as claims reserving, capital modelling and reinsurance evaluation. I excel at investigating trends and communicating technical output clearly and confidently to all stakeholders of all levels. And all this at #PrecisionPace.

I deliver business value as well as ensuring everything we develop is done in a safe, transparent, well documented, and compliant way.

• Contribute to the monthly reserving process to value the claims reserves and report on results to the Actuarial team
• Contribute to all 3 pillars of Solvency II requirements (quarterly and annual quantitative reporting templates, ORSA, SFCR, RSR, Actuarial Function Report (AFR))
• Contribute to the yearly external audit process and independent actuarial reserve review
• Contribute to the yearly reinsurance program renewal process – including managing the production of supporting information.
• Identify, explain, and monitor experience trends.
• #Collaboration across the Saga business where required, contributing actuarial expertise and knowledge to bespoke projects

Governance

• Adhere to Technical and Actuarial practice standards (TAS and APS)
• Adhere to governance processes for financial reporting purposes.
• Working with ClaimsOps and Claims Analytics to develop ML use cases and track the benefits.
• Maintain and develop transparency and documentation around actuarial team process.
• With legal and DPO to ensure data transfer to and from third parties is compliant with governance processes, GDPR and DPA, and follow ICO best practice.

• Progress through actuarial examinations or demonstrable work experience in a similar role
• Bachelor/Master’s in actuarial science, mathematics, statistics, or related discipline
• Strong numerical and statistical capabilities.
• Excellent verbal and written communication skills.
• Comfortable working with large amounts of data.
• Proactive, with a strong desire to learn. Demonstrates enthusiasm and self-motivation.
• Strong organisational skills, e.g., manages time effectively, prioritises work appropriately, documents work thoroughly.
• Good at working in a team and demonstrates this by helping peers/department to achieve tasks when deadline is tight. Is happy working late on occasion to meet business needs
• Dependable and reliable, e.g., will perform or give update on progress as required on assigned task with minimum micromanagement.

When you join Saga you will see that we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement.

We value diversity not just because it is the right thing to do, but because diverse teams perform better. Creating a culture in which everyone feels welcome and offering equal opportunities in all aspects of employment and advancement is incredibly important to us. Fair consideration is given to applications from all applicants, including those with disabilities.

We are an official Disability Confident employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required.

We are a member of the 30% Club and partner with Moving Ahead which offers us a fantastic opportunity to take part in a leading, global, cross-company, leadership mentoring scheme to champion female talent.

We are a signatory of the Armed Services Covenant and have received a Silver Award from the Employer Recognition Scheme.

Learn more about the Saga business by watching our Saga plc 2019 AGM film below:

To all recruitment agencies: Saga does not accept agency CVs unless specifically engaged on the role by the HR Recruitment Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga is not responsible for any fees related to unsolicited CVs.

#L1-Remote

The standard benefits when you join Saga include:

• Remote working available where possible

• The choice to buy a further 5 days annual leave per year

• Free private medical insurance after 1 years' service

• Workplace Pension

• AXA Be Supported

• A range of reductions and offers from leading retailers, travel groups and entertainment companies