At a Glance
- Tasks: Lead actuarial projects and provide expert advice to insurers globally.
- Company: Join a leading European actuarial consulting team with a global reach.
- Benefits: Enjoy competitive salary, professional development, and flexible working options.
- Why this job: Make an impact in the insurance sector while building strong client relationships.
- Qualifications: Numerical degree, full professional qualification, and 6+ years in non-life insurance required.
- Other info: Fluency in multiple languages is a plus!
The predicted salary is between 43200 - 72000 £ per year.
Work within the Company's European actuarial consulting team to provide actuarial support to a range of captive and commercial insurers globally.
Key Duties (Including but not limited to):
- Project Management: Lead and manage Solvency II-related projects, ensuring timely delivery and high-quality outcomes.
- Head of Actuarial Function: Hold the position of Head of Actuarial Function (or equivalent) for insurance companies domiciled in onshore European domiciles.
- Client Advisory: Build and maintain strong relationships with new and existing clients, providing expert advice on Solvency II compliance, including risk management, capital requirements, and regulatory reporting.
- Reserving Studies: Lead reserving projects for captives and small/medium sized commercial non-life insurance companies, communicating the findings to stakeholders verbally and in writing.
Minimum Requirements:
- Numerical degree at a minimum of bachelor level (or equivalent).
- Full professional qualification (i.e. IFoA or similar).
- A member in good standing of an actuarial institute (i.e. IFoA or similar).
- Fluent in English; French, Italian, and German are distinct advantages.
- Experience of working within the non-life insurance industry for a consultancy firm or directly for a (re)insurance undertaking or brokerage, with a minimum of 6 years experience.
- Ability to hold, and experience in holding, Actuarial Function (Solvency II) titles.
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Consultant (General Insurance Sector) – 28564
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in Solvency II projects. Attend industry events or webinars to connect with potential colleagues and clients, as personal recommendations can significantly boost your chances.
✨Tip Number 2
Familiarise yourself with the latest developments in Solvency II regulations and compliance requirements. Being well-versed in these topics will not only enhance your knowledge but also demonstrate your commitment to staying current in the field during interviews.
✨Tip Number 3
Prepare to discuss your previous project management experiences, particularly those related to leading teams and delivering high-quality outcomes. Highlight specific examples where you successfully managed timelines and stakeholder expectations.
✨Tip Number 4
If you speak additional languages like French, Italian, or German, make sure to emphasise this during conversations. Multilingual skills can be a significant advantage in building relationships with clients across Europe.
We think you need these skills to ace Senior Actuarial Consultant (General Insurance Sector) – 28564
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the non-life insurance industry, particularly any roles related to Solvency II compliance. Emphasise your project management skills and any leadership positions you've held.
Craft a Compelling Cover Letter: In your cover letter, address how your qualifications align with the key duties of the role. Mention specific projects you've led and how they relate to the responsibilities of managing Solvency II-related projects.
Showcase Your Qualifications: Clearly state your professional qualifications, such as your membership in an actuarial institute. Highlight your numerical degree and any additional languages you speak, especially if they include French, Italian, or German.
Prepare for Interviews: If invited for an interview, be ready to discuss your experience in client advisory roles and how you've built relationships with clients. Prepare examples of your reserving studies and how you've communicated findings to stakeholders.
How to prepare for a job interview at The Emerald Group
✨Showcase Your Project Management Skills
As a Senior Actuarial Consultant, you'll be leading Solvency II-related projects. Be prepared to discuss your previous project management experiences, focusing on how you ensured timely delivery and high-quality outcomes.
✨Demonstrate Client Advisory Expertise
Building strong relationships with clients is key in this role. Share examples of how you've successfully advised clients on Solvency II compliance, highlighting your ability to communicate complex concepts clearly.
✨Highlight Your Technical Knowledge
With a focus on reserving studies, it's important to demonstrate your technical expertise. Prepare to discuss specific reserving projects you've led, including the methodologies used and how you communicated findings to stakeholders.
✨Emphasise Language Skills
Fluency in English is essential, but additional languages like French, Italian, or German are advantageous. If you speak any of these languages, mention them during the interview to set yourself apart from other candidates.