Actuarial Analyst

This is an exciting opportunity to join our wider Underwriting team as an Actuarial Analyst, where you’ll play a key role in supporting the continued growth and evolution of ManyPets.

Working closely with the Head of Reserving, you’ll contribute to the delivery of robust reserving analyses and actuarial insights across our Pet insurance book. In this role, you'll support the development of reserving methodologies, analyse claims trends, and help ensure the accuracy of our financial forecasts.

You’ll sit at the heart of the Underwriting function, collaborating with teams across Actuarial, Finance, Claims, and Data to deliver actionable insight that supports sound decision-making and sustainable growth.

Your Focus

• Support day-to-day actuarial reserving activities, including input into assumption setting and methodology reviews.
• Assist with reserving quarterly “deep dives” into methodology, assumptions, and development patterns.
• Deliver reserving analyses and reporting as needed, working in ResQ and Excel.
• Enhance the development of claims analytics, including frequency/severity and peril analysis, and support tech initiatives around the business such as claims automation and fraud detection.
• Support the review of classification methods to improve reserving accuracy and enhance risk assessment.
• Interpret and communicate insights from our suite of management information, taking initiative to improve reporting where appropriate.
• Partner with our Engineering team to support the delivery of data to ensure real-time, high-quality data suitable for actuarial reserving analysis.
• Extract and prepare datasets and maintain spreadsheets that support accurate and efficient analysis.
• Conduct scenario and stress testing to assess the impact of different conditions on reserve adequacy, while monitoring emerging risks and trends to ensure reserves remain sufficient.
• Ensure reserve calculations comply with actuarial standards and work with auditors to ensure full documentation and transparency.
• Ensure quality and accuracy in all actuarial output.

What Leads to Success

Here are some of the individual skills we know will enable you to succeed in this position. If you don’t tick every box - don't worry, as we can support you in both your personal and professional development:

• You bring high accuracy, quality, and attention to detail in everything you do.
• You’re able to work and learn quickly in a fast-paced and often changeable environment.
• You’re detail focused, analytical, and able to communicate outputs clearly and simply.
• You build collaborative relationships and demonstrate the ability to influence across the business - you make change happen by working well with others.
• You're a customer-centric and can view what you do through customer’s eyes - while remaining commercially astute.
• Your colleagues know you as being a clear communicator, and someone who can present persuasively and explain why something is important.
• You’re curious - you like to keep up to date with technical developments in the insurance industry.

What We’re Looking For

• You’ll be working closely with the Head of Reserving, providing support on reserving analyses, methodology development, and strategic actuarial initiatives.
• You have strong commercial experience in an actuarial role, preferably in personal or commercial lines insurance with a focus on reserving or claims analytics.
• You’ll have strong skills in technical modelling and statistical analysis relevant to reserving, development pattern analysis, and assumption setting.
• You’re up to date with technical developments in the insurance industry and best practices in actuarial reserving methods.
• You can collaborate with cross-functional teams to ensure real time data and effective communication of actuarial insights.
• You're a confident user of tools, systems, and languages such as Excel, ResQ, SQL, R, Python and similar reserving or actuarial software.
• Due to the technical nature of the role, you should have a degree-level qualification (or equivalent) in Mathematics, Science, Engineering, or a related discipline, with a minimum of a 2:1 classification.
• We offer an actuarial study scheme package that is available for the right candidate, but we are very flexible and don’t require you to be training as an actuary to undertake this role