Average Actuarial Analyst salary in the UK

Join our Strategic Risk Consulting (SRC) team and help leading organizations navigate complex risks through data-driven insights and strategic advisory. As part of our Risk & Analytics division, you'll collaborate with consultants, actuaries, and analysts to deliver solutions that strengthen resilience and drive sustainable business performance.The RoleWe are looking for an actuarial professional pursuing FIA/FFA qualification (or equivalent) with strong client-facing skills and commercial awareness to join our team of over 100 colleagues. This role will centre on providing actuarial model-based insurance optimisation and captive optimisation advice to a wide range of corporate clients in geographies including GB, Latin America, Asia, Pacific, the Nordics and Spain.You will be responsible for the delivery of outstanding client service and support for new and existing business across our range of actuarial and captive advisory services (pricing, capital, and reserving). The role will play an active part in supporting business growth and revenue generation through proposal development, RFP responses, client retention initiatives, cross-selling opportunities and collaboration with CRB colleagues to win new business.Acting as a primary or secondary client contact, representing WTW in client meetings and contributing to the development and maintenance of key client relationships.Assisting regional colleagues with the identification, development and delivery of client opportunities and projects.Taking ownership of project delivery, managing project teams and reviewing and signing off technical deliverables where appropriate.Supporting the development, coaching and performance management of colleagues and contributing to resource planning across the SRC International team.Range of actuarial services P&C Pricing and OptimisationLead projects to help clients to optimise their risk retention and insurance strategy.Produce strategic recommendations based on model results to help clients manage risks more effectively and minimise total cost of risk.Reserving, Capital Modelling, Solvency IIProduce actuarial reserving analysis for both our corporate clients and captive insurance clients, to support annual reporting requirements.Support captive insurance clients through reserving, capital modelling, Solvency II reporting, actuarial function activities and regulatory compliance across multiple domiciles. Review their Solvency Capital Requirements (SCR) and Technical Provision (TPs), periodically, and produce and present Actuarial Function reports.Assist in developing assumptions, and challenging them where required, to ensure a robust risk management framework.Support ongoing compliance with regulations and timely completion of regulatory returns across several captive domiciles (including Dublin, Malta, etc).Manager of People:Responsible for managing and developing the skills, competencies and knowledge of colleagues including overseeing appraisals and objective setting whilst maintaining high levels of integrity, motivation and team morale.Establish an environment that promotes respect, trust and well-being for the individual employee.The successful candidate will receive ongoing training and support within a stimulating, multi-disciplined team of actuaries and other risk professionals to further develop technical, commercial and management skills.What you'll bring: Pursuing FIA/FFA or equivalent qualification with demonstrable experience within the general insurance market.Advanced computer modelling skills including MS Office.Proficiency in one of R/R Shiny, Python, Power BI, RADAR, Igloo and ResQ.Able to demonstrate experience of building actuarial loss forecast models for non-life insurance risks such as property and liability.Capital Modelling, Reserving and Solvency II experience would also be desirable.Intellectual curiosity to deliver insightful analysis to tight deadlines.This is a client-facing role, and therefore the ability to effectively communicate complex concepts and results to external and internal clients is critical.Experience in preparing and presenting results and recommendations reports in clear and actionable language. Excellent PowerPoint skills and attention to detail are essential.The innovation and problem-solving abilities that are regularly required to design bespoke risk consulting solutions and models for our clients.Experience managing project teams, resources and developing junior colleagues.A natural team player and determined to deliver high-quality services to our clients, on time.While the role will be based in London, you may be required to travel to meet clients.Hungry to grow your business development capabilities.What we offer:Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.Equal Opportunity EmployerWe're committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants.

Neon Talent Solutions are delighted to be supporting a growing international insurer to recruit an Actuarial & Analytics Analyst to join their team in Bristol (BS1) on a Hybrid working basis. this is a full time, permanent position.This is a fantastic opportunity for an analytically strong professional with 2+ years' experience in a data-focused analytical role, looking to develop broader exposure across actuarial analysis, business intelligence and insurance analytics.What's Available To YouSalary: £40,000 - £45,000 per annum DOE26 Days Annual Leave + Bank HolidaysLife InsuranceCompany PensionPrivate Healthcare (BUPA)Income Protection Scheme (70%)Hybrid Working - 3 Office Days / 2 WFH DaysAnnual Profit Related Bonus (*discretionary)Health & Wellbeing ProgrammeBased in Central Bristol with excellent transport linksOngoing professional development opportunitiesThe Role of Actuarial & Analytics AnalystWorking within the Actuarial & Analytics team, you'll deliver analysis, data insight and reporting to support effective decision-making across the business.Support actuarial analysis across reserving, pricing, planning, performance monitoring and regulatory reportingPrepare, validate and analyse data from multiple sourcesDevelop and maintain reports, dashboards and management information using Excel and Power BIWork with Underwriting, Finance, Claims and Operations to understand business requirements and improve analytical outputsSupport the monitoring of underwriting, claims, exposure and portfolio performanceCarry out data-quality checks and investigate anomalies, trends and inconsistenciesSupport the production of actuarial reports, committee papers and wider business outputsContribute to process improvements, automation and the development of analytical toolsDocument assumptions, methodologies, controls and key judgementsUndertake ad hoc analysis and project work across the wider Actuarial & Analytics teamWOKING HOURS: Monday to Friday | 9.00am - 5.30pmWhat You Will BringYou don't need previous insurance or actuarial experience - we're equally interested in strong analytical professionals who have the numerical capability and curiosity to develop their knowledge within this area.2+ years' experience within an analytical, actuarial, insurance data, MI, pricing or similar roleStrong numerical and analytical skillsStrong Excel capabilityExperience analysing and reporting complex dataExcellent attention to detailConfident communication and stakeholder skillsRelevant degree, actuarial study or equivalent analytical experienceGeneral Insurance experience would be advantageous but isn't essential.Exposure to Power BI, SQL, Power Query, DAX, Python, R or Alteryx would also be beneficial.You don't need to be a qualified or studying actuary – we're equally interested in strong analytical professionals looking to develop their actuarial and insurance knowledge.

Actuarial AnalystShape Brighter Futures with WesleyanEstablished in 1841, Wesleyan help trusted professionals—GPs, hospital doctors, dentists, and teachers—secure their financial future. Today, we’re proud to continue that mission with passion and purpose. If you’re looking for a role where your expertise makes a real impact, and you want to work in a culture that values collaboration, innovation, and integrity, we’d love to hear from you. Find out more about who we are: careers.wesleyan.co.ukAbout the RoleWe're looking for an Actuarial Analyst to join our Group Finance team, where you'll have the opportunity to work across a broad range of actuarial disciplines, supporting business-critical activities including capital management, financial reporting, product pricing, data, regulatory change and with-profits business.This is an excellent opportunity for a graduate or part-qualified actuary looking to develop their technical expertise while gaining exposure to a wide variety of projects and stakeholders across the business.What You'll Be Doing Depending on your experience and the needs of the team, you'll be involved in a range of activities including:Supporting actuarial valuations, solvency reporting and regulatory submissions.Performing experience investigations and maintaining actuarial assumptions and models.Supporting capital management, ORSA production and financial forecasting.Contributing to product pricing, profit testing and product development.Supporting with-profits management, including bonus investigations, asset shares and policyholder fairness reviews.Developing and maintaining actuarial models, data processes and reporting tools.Providing actuarial input into strategic business projects, system developments and regulatory change initiatives.Analysing financial and actuarial data to produce meaningful insights and management information.Working closely with Finance, Investment, Data and Change teams to improve processes and deliver business objectives.Supporting testing, implementation and continuous improvement of actuarial systems and processes.Preparing analysis and reports for senior management and governance committees.About YouYou'll be a collaborative and analytical individual who enjoys solving complex problems and working with data.We're looking for someone with:EssentialA degree in Actuarial Science, Mathematics, Statistics, Physics, Engineering or another highly numerical discipline (2:1 or above preferred).Strong analytical and problem-solving skills.Excellent attention to detail.Good communication and interpersonal skills.Ability to work effectively both independently and as part of a team.A commitment to studying towards the Institute and Faculty of Actuaries (IFoA) qualification (where applicable).DesirableProgress towards the IFoA actuarial qualification.Experience within a UK Life Insurance or Financial Services environment.Knowledge of actuarial modelling software such as Prophet.Strong Excel and data analysis skills.Experience working with databases or programming languages such as SQL, VBA, Python or R.What You'll GainExposure to a wide variety of actuarial disciplines and business areas.Opportunities to work on high-profile strategic and regulatory projects.Support for your professional actuarial qualification and career development.A collaborative environment where you'll work alongside experienced actuaries and finance professionals.The opportunity to make a meaningful impact on business decisions and customer outcomes.Why Wesleyan?We’re building a culture where everyone belongs. Diversity isn’t just a policy—it’s part of who we are. Whatever your background, we want you to feel valued and empowered to thrive.  We’re proud supporters of the ABI Making Flexible Work campaign, which means we’re open to discussing flexible working, job shares, and part-time options. If you need reasonable adjustments during the recruitment process, just let us know—we’re here to support you. What to Know Before ApplyingRight to Work: We’re unable to provide VISA sponsorship, so you’ll need the legal right to live and work in the UK.Advert Closing: We typically advertise for two weeks but may close early if we receive a high volume of applications—apply early to avoid disappointment. Ready to Shape Your Future?Apply today and join us in creating brighter financial futures—for our customers, our members, and you.