Actuarial Graduate
Welcome to Hastings Direct – From our Group HR Director Pam Angel
We’re a digital insurance provider with ambitious plans to become the best and biggest in the UK market. We’ve made huge investments in our data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We’re proud of the journey we’re on as a company and know that our continued success will rely on the contribution of our talented colleagues.
We provide insurance for over three million customers, but we know there’s even bigger opportunity out there. The fact you’re now reading this job advert means we’ve tempted you to find out more about #lifeatHD – we really hope you like what you see, and you’ll join us to share in the success of the exciting chapter that lies ahead.
We understand some people may not apply for jobs unless they feel they tick every box. If you are excited about joining us and think you have some of what we are looking for, even if you’re not 100% sure we would love to hear from you.
Programme overview:
As an Actuarial Graduate, you will have the opportunity to apply innovative predictive modelling techniques to solve real-world business challenges and deliver commercial value. You’ll work closely with and learn from recognised experts in designing and implementing market leading insurance solutions across multiple product lines.
Our teams are passionate about data, modelling and innovation and this role will give you the opportunity to work alongside talented analytical experts and senior leaders. They will support, guide, and push you beyond your comfort zone to help forge your career in this highly competitive skill set and industry.
Over a period of two years, you will complete placements in Underwriting and Pricing to build knowledge, technical skills and understanding of these departments ready to secure an Actuarial Trainee role by the end of the scheme.
The placements could be within the following:
- Underwriting – Actuarial & Data Science
- Underwriting – Risk Pricing
- Underwriting – Account Management
- Retail Pricing – Core & Deployment
- Retail Pricing – Development & Analytics
- Retail Pricing – Data Science & Engineering
We will also provide full funding and support to gain the IFoA (Institute and Faculty of Actuaries) Associate & Fellowship qualifications and become a well-rounded actuarial professional. Graduates are expected to qualify as an Associate within a two-to-three-year period.
What we’d love you to have:
- A university degree, completed in the last 2 years, which has had a strong emphasis on statistics and problem solving such as Mathematics, Computer Science, Engineering, Sciences etc
- Strong mathematical capabilities including probability and statistics.
- A keen interest in predictive modelling and programming.
- Ability to apply theory to real world problems.
- Self-aware – you are clear on your strengths and development areas.
- An inquisitive nature.
- Able to challenge the norm, consider a range of views and drive and embed change
- Very good communication skills; experience presenting results to others.
- Excellent skills in logic and problem-solving.
- Prepared for 3-6 years of ongoing actuarial study & exams – during and outside of office hours
What we’ll do:
- 12th Feb 2024 Application close date
- 14th – 21st Feb If successful in shortlisting, we will send you a link to complete psychometric testing via Test Partnership
- 25th Feb – 1st March Candidates who have successfully passed the testing stage will then be invited to interview with us in the London office
Reward
- Salary – Attractive salary based on experience (pay reviews also completed each year)
- Flexible Working - We champion a flexible and hybrid working approach so please speak to your recruiter to discuss in more detail, including days in the office and at home.
- Competitive Bonus Scheme – All colleagues are eligible for our annual 4Cs performance bonus, which is usually paid in March. The scheme is based on Hastings’ performance against our business goals and your own personal performance.
- Physical Wellbeing – We like to help our colleagues take a proactive approach in keeping themselves well, that’s why we fund our colleagues to be able to claim against everyday health care through our healthcare cash plan.
- Financial Wellbeing – As well as providing you with 4x your salary with our life assurance cover and income protection at no extra cost you, pension contribution match up to 10%, we are proud to provide you with an AWARD WINNING package which includes – discounts and cashback at everyday retailers and on our own products, fee free independent mortgage advice, and free access to financial wellbeing support.
- Mental Wellbeing Programme – At Hastings Direct we understand that mental health cannot not be scheduled, that’s why we have a range of support to help you keep yourself well. We have the thrive mental health app, our colleague assistance programme available 24/7, our own in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs
- There’s more! – 25 days annual leave +bank holidays, with the option to buy or sell one of your contracted weeks, access to private healthcare, dental plans, discounted health assessments, cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more. Most of our benefits and wellbeing resources are available to colleagues from their first day whilst some optional benefits, which involve committing to a 12-month payment schedule, are available as soon as you have completed your probationary period.
Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve
We deliver good outcomes for our customers every time by providing great products at the right price with our simple and straightforward service. We treat customers like we want to be treated – fairly, respectfully and with their best interests at heart.
Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.
