Location: Douglas, Isle of Man

Closing date for applications: 1st July 2025

The opportunity:

An exciting opportunity has arisen for a Trainee Actuary to join a team of highly skilled actuaries. As an Actuarial trainee, you will gain experience in the key actuarial functions of corporate centre reporting and regulatory reporting, with the potential for additional work in planning, product pricing, risk management and projects. You will be given training in how to produce accurate and timely financial data for regulators, local management, Corporate Centre and other stakeholders.

Key responsibilities:

• Update and maintain existing documentation of procedures.
• Ensure data used in calculations is accurate and free from errors.
• Build and maintain effective relationships with internal and external customers.
• Communicate results of any calculations in a clear concise way to other team members and internal or external customers.
• Communication may be by a range of methods including written reports, presentations, face to face discussions, phone calls or e-mail.

• High degree of numeracy.
• Passes or exemptions from some core principles exams of the Institute and Faculty of Actuaries an advantage, but applicants with no exam passes will be considered.
• Strong degree or equivalent in Maths/Actuarial Science or a related subject.
• Highly computer literate with experience in using Microsoft Excel and Access to an advanced level an advantage. Experience using Prophet/R/SQL/Python or similar also an advantage, but not essential.
• A keen interest in data analytics.
• Meticulous in preparing and checking work paying close attention to detail.
• Committed and determined to meeting deadlines.
• Able to communicate clearly and concisely, both verbally and in writing.
• Self-motivated, curious and pro-active approach to work.
• Strong team player as well as the ability to work independently.
• Willing to challenge current processes and practices with a view for improvement.