At a Glance
- Tasks: Join our team as an Actuarial Analyst, handling reporting, modelling, and pricing tasks.
- Company: Be part of a dynamic actuarial function in a vibrant Brighton-based company.
- Benefits: Enjoy a permanent role with opportunities for growth and development.
- Why this job: This role offers hands-on experience and the chance to impact financial decisions.
- Qualifications: Ideal for actuarial students with 2+ years of experience; financial reporting knowledge is a plus.
- Other info: Flexible working environment and a supportive team culture await you!
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.
Location: Brighton
Category: Actuarial
Type: Permanent
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
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 online courses or workshops that focus on these areas to enhance your knowledge and make you a more attractive candidate.
✨Tip Number 4
Prepare for potential case studies or practical assessments during the interview process. Being able to showcase your problem-solving skills in real-world scenarios can set you apart from other candidates.
We think you need these skills to ace Actuarial Analyst – 28538
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Actuarial Analyst position. Familiarise yourself with key duties such as reporting, modelling, and pricing, and think about how your experience aligns with these responsibilities.
Highlight Relevant Experience: In your CV and cover letter, emphasise any actuarial or financial reporting experience you have, even if it's not extensive. Mention specific projects or tasks that relate to solvency coverage or profit margin calculations.
Showcase Your Skills: Demonstrate your ability to manage multiple deliverables by providing examples of how you've prioritised tasks in previous roles. This will show the employer that you can handle the demands of the position effectively.
Tailor Your Application: Customise your CV and cover letter for this specific role. Use keywords from the job description, such as 'Solvency II' and 'life insurance products', to make it clear that you understand the requirements and are a good fit.
How to prepare for a job interview at The Emerald Group
✨Understand the Actuarial Function
Make sure you have a solid grasp of what the Actuarial Function entails. Familiarise yourself with key concepts like Solvency II and how it impacts reporting metrics. This will show your potential employer that you're genuinely interested in the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with financial reporting and actuarial modelling. Even if you don't have extensive experience, highlight any relevant projects or coursework that demonstrate your analytical abilities and problem-solving skills.
✨Know Your Life Insurance Products
Brush up on different types of life insurance products in the UK. Being able to discuss these products confidently will not only impress your interviewers but also show that you understand the market you'll be working in.
✨Demonstrate Prioritisation Skills
Be ready to talk about how you manage multiple deliverables. Share specific examples from your past experiences where you successfully prioritised tasks and met deadlines, as this is crucial for the role.