Flying The Flag For Flexible Working, MummyJobs, DaddyJobs and FlexIsBest Logo

Actuarial Administrative Assistant (Intern)

  • Location


  • Sector:

    Admin & Secretarial

  • Job type:


  • Salary:

    £10.71 per hour, Benefits: Regular pay reviews & Potential to earn bonus

  • Contact:

    Blue Arrow Edinburgh

  • Contact email:

  • Contact phone:

    0131 220 4121

  • Job ref:


  • Published:

    12 days ago

  • Duration:

    6 Months

  • Expiry date:


  • Startdate:


  • Client:


Are you a recent graduate looking to make a career in the finance sector? We have a large financial client based in the Edinburgh area that are looking for an intern to work as an Actuarial Administration Assistant. This role could become a graduate training position for the right candidate.

We are looking to speak to graduates with a maths based degree, For example, Statistics, Economics, Engineering, Science and obviously, Maths or Actuarial Science! 

Purpose of Role:

The Actuarial Rectifications Team play a key role in ensuring that policies are managed in line with the policy provisions, policyholders’ expectations and FCA requirements.

The key purpose of the role is to assist the team with additional actuarial input into a number of important projects including:
  • Analysing different remediation approaches and writing options papers
  • Writing calculation specs
  • Building models in Excel or Access
  • Testing IT models
  • Performing remediation calculations for policies and checking calculation
  • Handling queries relating to the use of the models
  • Determining approaches to non-standard cases.
  • Ensuring issues, cost implications and practical constraints are taken into account when formulating solutions.
  • Reviewing and writing report documents relating to the project

Key competencies, knowledge & skills:
  • Strong technical ability in analysing problems, determining solutions and specifying calculations
  • Mathematical related degree
  • Previous company-wide project experience preferred
  • Effective written and verbal communication skills