Senior Actuarial Analyst

Posted Yesterday
Be an Early Applicant
3 Locations
In-Office
Senior level
Retail • Energy • Utilities
The Role
Provide second-line actuarial support for Home Care insurance: review technical provisions, assess assumptions, oversee underwriting and reinsurance, contribute to risk management and ORSA, perform stress testing and scenario analysis, and support PRA/regulatory compliance and governance.
Summary Generated by Built In

Join us, be part of more. 

We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We're energisers. One team of 21,000 colleagues that's energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels, whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That’s why working here is #MoreThanACareer. We do energy differently - we do it all. We make it, store it, move it, sell it, and mend it. 

We’re looking for a Senior Actuarial Analyst to join our Risk & Actuarial team at British Gas.

This is a great opportunity to step into a broad, second-line actuarial role, where you’ll work across risk, technical provisions, underwriting oversight, and regulatory activity — not just a single technical discipline. Your work will directly influence how we manage risk, meet regulatory expectations, and make better decisions across a large, customer-focused business.

Location: We’re happy to talk about what flexibility looks like for you. We offer a blend of home and office working, with team time at our Windsor site when needed.

What you’ll be doing

Supporting our Home Care insurance products (boiler and central heating cover), you’ll play a key role in ensuring we manage risk effectively while meeting regulatory requirements.

Technical provisions & actuarial insight
  • Support the quarterly review of technical provisions
  • Help assess assumptions and ensure robust actuarial outputs
Underwriting & reinsurance oversight
  • Assist in overseeing underwriting activities
  • Support the Chief Actuary in forming opinions on underwriting and reinsurance strategies
Risk management & ORSA
  • Contribute to broader risk management activities, including the ORSA process
  • Support stress testing and scenario analysis
Regulatory & PRA activity
  • Support PRA compliance, including horizon scanning and regulatory monitoring
  • Contribute to maintaining a strong governance and risk framework

Here's who we’re looking for:

  • A part-qualified actuary, progressing well through IFoA exams
  • Experience within insurance (ideally GI), consultancy, or actuarial risk
  • Good understanding of Solvency II / Solvency UK
  • Curiosity and a desire to develop across multiple actuarial disciplines
  • Strong communication skills, with the ability to engage and influence senior stakeholders
  • A proactive mindset and confidence to operate in a second-line oversight role
This role is ideal if you’re looking to move beyond a single actuarial specialism and develop into a more well-rounded actuarial and risk professional. You’ll gain early exposure to second-line oversight, regulatory frameworks, and senior stakeholders — all within a role where your work has real visibility and impact.

Why should you apply?   
  
We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we’re a great place to work and what being part of more means for you.  
  
https://www.morethanacareer.energy/centrica

  

If you're full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority.


Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey.

Skills Required

  • Part-qualified actuary progressing through IFoA exams
  • Experience within insurance, consultancy, or actuarial risk
  • Experience in General Insurance (GI)
  • Good understanding of Solvency II / Solvency UK
  • Strong communication skills; ability to engage and influence senior stakeholders
  • Proactive mindset and confidence to operate in a second-line oversight role
  • Curiosity and desire to develop across multiple actuarial disciplines
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The Company
Berkshire
17,651 Employees

What We Do

Centrica is a leading energy services and solutions provider founded on a 200-year heritage of serving people. We are the UK’s biggest retailer of zero carbon electricity, serving around 10 million customers across the UK, Ireland and Continental Europe through brands such as British Gas, supported by around 9,000 highly trained engineers and technicians. Centrica’s purpose of helping you live sustainably, simply and affordably drives our strategy and our People and Planet Plan.

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