Actuarial Analyst

Job title: Actuarial Analyst

Contract type: Permanent

Closing date: 5th May 2022

Location: Dublin

Royal London is the largest mutual life insurance, pensions, and investment company in the UK.  Since its foundation 160 years ago, Royal London has supported millions of people to protect and provide for themselves and their families.

Our culture is welcoming, friendly, flexible and we aim to make you always feel included. We welcome applications from individuals who have taken an extended career break or those who are transitioning from different sectors.

To support this, we are always open to discussing flexible working arrangements and as we transition to hybrid working, we will discuss working patterns or locations that ensure you have the freedom to be your best. It’s what makes Royal London a great place to work.

We believe that being together some of the time will help our colleagues to feel truly connected to our Spirit of Royal London culture. Many of us value the passing conversations, social interactions and building relationships that comes from being together in the office.

Royal London has a history of protecting its customers and their families in Ireland for over 180 years. Before our name was Royal London, we traded as Caledonian Life. We became part of Royal London Group following the acquisition of Royal Liver in July 2011. In December 2014, we rebranded to the Royal London name and look. We’re dedicated to selling market-leading protection policies. Our products are only available from authorised Financial Brokers, who offer impartial financial advice to best meet customer needs.

Role Purpose

Royal London Insurance DACis seeking applications for an Actuarial Analyst in the Head of Actuarial Function team. In this newly created team, you will provide technical support to the Deputy Head and Head of Actuarial Function to assist in the achievement of departmental objectives.

Key responsibilities

• To assist in the calculation and reporting of the valuation of the company on a quarterly basis.
• Carry out experience investigations and analysis of lapses, mortality, and morbidity for setting assumptions.
• Assist in monthly and weekly new business reporting and production of additional financial management information.
• Work as part of a team of part qualified and qualified actuaries, sharing expertise and knowledge across Royal London Ireland and the Royal London Group.

Essential Criteria

• Achieved or on track to achieve a 2:1 or higher in your chosen degree subject.  Degree in a mathematical based subject essential (e.g., Maths, Statistics, Actuary, Economics, Chemistry, Physics).  
• Highly numerate with good problem-solving and data manipulation skills.
• Able to work effectively as part of team.
• Commitment to further study as part of the actuarial qualification, study support provided by Royal London.
• Passionate about a career in financial services.

Desirable Criteria

• Work experience within the finance or insurance industry.
• Experience using computer packages including Excel/VBA, and Access.
• Proficiency with R and/or Python.

What we offer

• We've always been proud to reward employees by offering a number of benefits such as Pensions and Protection, Performance and role-related benefits, Lifestyle and Wellbeing
• Our culture comes from within, or to put it another way, it comes from our people. It’s what makes Royal London a great place to work.
• Our People Promise is something we live up to every day. We know we can rely on you, and you can expect plenty from us in return.
• Glassdoor ranked us among the best places to work in the UK in 2021

We are an equal opportunities employer. We work hard to attract the best talent for our award-winning team. We believe that embracing difference makes us stronger. Our diverse people bring us different skills – whatever their educational background, disability, gender, age, sexual orientation, race, religion or belief.

In fact, the first pillar of our People Promise is designed to make sure you 'work somewhere inclusive'. We want to live up to this promise; it’s good for our people and good for our customers too, because our workforce should reflect our communities.