At a Glance
- Tasks: Join our team to handle reporting, modelling, and pricing in the Actuarial Function.
- Company: We are a leading firm in the insurance sector, based in Brighton.
- Benefits: Enjoy a permanent role with opportunities for growth and development.
- Why this job: Be part of a dynamic team making impactful decisions in the insurance industry.
- Qualifications: Actuarial students with 2+ years experience preferred; financial reporting knowledge is a plus.
- Other info: Ideal for those passionate about life insurance products in the UK.
The predicted salary is between 36000 - 60000 £ per year.
You will form an integral part of the Actuarial Function and would have the opportunity to be involved in a variety of roles e.g. reporting, modelling and pricing.
Key Duties (Including but not limited to):
- Provide timely and accurate delivery of results and reports, under the following reporting metrics: Solvency II Pillar 1 & Pillar 2
- Calculate and monitor solvency coverage and understand the drivers in movement
- Calculate new business profit margins for reporting to senior management
- Ensure the appropriateness of methodology and assumptions used for reporting purposes
Requirements:
- Actuarial student with 2 or more years of experience
- Financial reporting or actuarial modelling experience is preferred but not essential
- Knowledge of different types of life insurance products in the UK
- Demonstrate ability to prioritise and progress multiple deliverables
Actuarial Analyst – 28538 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst – 28538
✨Tip Number 1
Familiarise yourself with Solvency II regulations, especially Pillar 1 and Pillar 2. Understanding these metrics will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the actuarial field, particularly those who work in life insurance. Engaging with industry experts can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your financial reporting and actuarial modelling skills. Consider taking online courses or attending workshops to enhance your knowledge and show your eagerness to learn.
✨Tip Number 4
Prepare to discuss how you prioritise and manage multiple deliverables. Think of specific examples from your past experience that showcase your organisational skills and ability to meet deadlines.
We think you need these skills to ace Actuarial Analyst – 28538
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Actuarial Analyst position. Familiarise yourself with the key duties and responsibilities, such as reporting metrics and profit margin calculations, to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience you have in financial reporting or actuarial modelling. If you have worked with life insurance products in the UK, make sure to mention this as it aligns with the job requirements.
Showcase Your Skills: Demonstrate your ability to manage multiple deliverables by providing examples from your previous roles. Highlight your analytical skills and any experience you have with Solvency II reporting metrics, as these are crucial for the position.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention why you are interested in working with the company and how you can contribute to their Actuarial Function.
How to prepare for a job interview at The Emerald Group
✨Understand the Key Metrics
Familiarise yourself with Solvency II Pillar 1 and Pillar 2 metrics. Be prepared to discuss how these metrics impact financial reporting and the importance of accurate results in your previous roles.
✨Showcase Your Analytical Skills
Highlight any experience you have with actuarial modelling or financial reporting. Prepare examples that demonstrate your ability to analyse data and derive meaningful insights, especially in relation to life insurance products.
✨Prioritisation is Key
Be ready to discuss how you manage multiple deliverables. Share specific strategies or tools you use to prioritise tasks effectively, ensuring timely delivery of reports and results.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's actuarial function and the specific roles you might be involved in. This shows your genuine interest in the position and helps you understand how you can contribute to their goals.