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- Tasks: Lead the development of a Partial Internal Model and oversee a talented team.
- Company: Join a renowned UK life & pensions company with a collaborative culture.
- Benefits: Enjoy hybrid working, flexible hours, and a fun office environment.
- Why this job: Make a real impact on business success while fostering innovation and teamwork.
- Qualifications: Experience in actuarial leadership and technical knowledge of PIM required.
- Other info: Stay ahead of industry trends and regulations while developing your career.
The predicted salary is between 43200 - 72000 £ per year.
TAG is seeking an experienced actuarial leader with internal model expertise on behalf of our client, a renowned UK life & pensions company. Their hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment - meaning flexible working patterns to accommodate individual needs.
High level overview of role:
- Lead the development of the Partial Internal Model to a successful application ensuring they have an internal model that supports their ambitions as a business.
- Developing the PIM is a key component of the business success, helping to drive the PIM to a successful regulatory approval through motivating the team and developing innovative solutions.
- Work closely with the business's senior leaders, building strong partnerships with external consultants and supporting regulatory engagement.
- Build collaborative relationships across the business to reach a successful outcome.
- Oversee the development of all aspects of the PIM including model development, calibration, validation and systems and processes.
- Lead a talented team of actuaries and analysts, fostering an open and transparent culture of excellence and continuous improvement.
- Stay ahead of emerging trends, technical advancements, and evolving regulations to ensure a competitive edge.
- Ensure that the PIM can be delivered by the reporting functions to provide informative and timely data to support strategic decision making.
- Maintain competence and fitness and propriety standards to the level required by the Company’s regulators.
- Ad hoc tasks as required.
- Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and notify the regulator(s) of matters reasonably expected to be notified.
Key competencies:
- Technical actuarial knowledge relevant to the development and delivery of a PIM.
- Ability to develop, draft and edit technical actuarial/PIM documentation.
- Good presentation, communication, delegation, negotiation, conflict management skills.
- Excellent planner and organiser.
- Critical thinking and problem solving skills.
- Facilitator and coach, able to bring the best from a team.
- Influential and able to build productive relationships at all levels.
- Pragmatic, adaptable and flexible.
Head of Actuarial Development - (Partial Internal Model) employer: The Actuary Group
Contact Detail:
The Actuary Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Actuarial Development - (Partial Internal Model)
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience with Partial Internal Models. Attend industry events or webinars to connect with potential colleagues and learn about their experiences.
✨Tip Number 2
Familiarise yourself with the latest regulatory requirements and trends in the actuarial space. This knowledge will not only help you in interviews but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 3
Prepare to discuss your leadership style and how you foster a culture of excellence within a team. Be ready to share specific examples of how you've motivated teams in the past to achieve complex goals.
✨Tip Number 4
Research the company’s current projects and challenges related to Partial Internal Models. Tailor your discussions to show how your skills and experiences can directly address their needs and contribute to their success.
We think you need these skills to ace Head of Actuarial Development - (Partial Internal Model)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in actuarial development and internal models. Use specific examples that demonstrate your leadership skills and technical knowledge related to Partial Internal Models.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the key competencies mentioned in the job description, such as your ability to lead teams and develop innovative solutions.
Showcase Your Technical Skills: When detailing your experience, emphasise your technical actuarial knowledge and any relevant projects you've led. Highlight your familiarity with regulatory requirements and your ability to communicate complex information effectively.
Prepare for Potential Questions: Anticipate questions related to your experience with Partial Internal Models and your approach to team leadership. Be ready to discuss how you stay updated on emerging trends and regulations in the actuarial field.
How to prepare for a job interview at The Actuary Group
✨Showcase Your Technical Expertise
Make sure to highlight your technical actuarial knowledge during the interview. Be prepared to discuss specific experiences where you successfully developed or delivered a Partial Internal Model, as this will demonstrate your capability to lead in this area.
✨Demonstrate Leadership Skills
As a Head of Actuarial Development, you'll need to lead a talented team. Share examples of how you've motivated teams in the past, fostered a culture of excellence, and managed conflicts effectively. This will show that you're not just a technical expert but also a strong leader.
✨Build Relationships
Emphasise your ability to build collaborative relationships with senior leaders and external consultants. Discuss how you've successfully engaged with stakeholders in previous roles, as this is crucial for driving the Partial Internal Model to regulatory approval.
✨Stay Ahead of Trends
Be prepared to talk about emerging trends and technical advancements in the actuarial field. Showing that you are proactive in staying informed will demonstrate your commitment to maintaining a competitive edge for the business.
