Actuarial Analyst
Not disclosed
Salary
Not disclosed by employer
£55,100
Going rate
Skilled Worker going rate
This role likely qualifies for a Skilled Worker visa
SOC 2433 (95% match) is an eligible occupation, with a going rate of £55,100, and Sompo is a licensed sponsor. That is our reading of the rules. Whether they issue a Certificate of Sponsorship is still their call.
About the role
- The purpose of the Actuarial Analyst is to assist with the analysis and reporting within the UK Actuarial Function, supporting the achievement of Sompo UK’s strategic objectives. The role requires strong communication skills given the need to interact with various teams including other Actuarial areas, Underwriting, Claims, Finance, Risk and Capital, amongst others.
- The role is a junior position in the UK Actuarial Function team, overseen by the Chief Actuary, Sompo UK.
- Assist in the delivery of accurate management information and reporting for the UK entities, applying market insights and critical judgement to the process:
- Support the Lloyd’s reporting requirements for the Syndicate 4711 as well as responses to requests from the PRA.
- Development of Management Information to enhance Executive, Board and Senior Management understanding of key actuarial insights, in respect of all aspects of the UKAF.
- Support to the Head of UK Regulatory Reserving relating to the SII/Technical Provisions.
- Work collaboratively with other business functions in fulfilling the UKAF’s objectives:
- Assist with the preparation of the Actuarial Function Holder reports.
- Support and assist in actuarial projects and initiatives.
- Assist with independent reviews, responding to both internal and external stakeholder challenge.
- Collaborate with pricing and reserving to strengthen the feedback loop between the teams.
- Support with the review and challenge of the UK entity reserving results.
- Be able to effectively articulate the legal and regulatory demands impacting the actuarial team and broader business.
- Contribute to decision making with regards to technical actuarial issues.
- 2- 5 years within an actuarial role in general insurance with relevant experience of actuarial analyses and project related work.
- Strong interpersonal and communication skills.
- Good organisational and problem-solving skills.
- Able to work independently and collaboratively as part of a team.
- Proficient in MS Office applications; Word, Excel, and PowerPoint. Ability to utilise Power BI and use of programming languages will be helpful, but not a necessity.
This description is the source posting as it read when we added it. We are not affiliated with Sompo, so check their own site for the current details.
Where this offer sits in the market
SOC 2433 · UK · ONS ASHE 2025 · ~40k in sampleSimilar sponsored roles
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About sponsorship for this role
Does this job guarantee visa sponsorship?
Not necessarily. Sompo holds a sponsor licence, but sponsorship for a specific hire is always the employer's decision. Be upfront in your application that you'll require it.
What salary is needed for this role to be eligible?
The offer must clear both the general threshold and the SOC 2433 going rate of £55,100. New-entrant and shortage discounts can lower it.