At a Glance
- Tasks: Join our Actuarial team to provide expert advice on financial operations and risk management.
- Company: BDO is a leading accountancy and business advisory firm supporting ambitious businesses across the UK.
- Benefits: Enjoy agile working, personal development programs, and a supportive, people-centered culture.
- Why this job: Work with top minds in the industry on exciting projects that shape the future of finance.
- Qualifications: Must have an Actuarial qualification and strong technical knowledge in non-life insurance.
- Other info: Collaborate in state-of-the-art spaces and build your network while continuously learning.
The predicted salary is between 43200 - 72000 £ per year.
Ideas People Trust
We’re BDO. An accountancy and business advisory firm, providing the advice and solutions businesses need to navigate today’s changing world.
Our clients are Britain’s economic engine – ambitious, entrepreneurially-spirited and high growth businesses that fuel the economy – and the owners and management teams that lead them.
We’ll broaden your horizons
Our Advisory team provide a wide variety of services that deliver value-led advice and outcomes. They have an in-depth knowledge of business, industry sectors and markets and understand the constantly changing risks and opportunities at the heart of our clients’ affairs. The team work across strategy, operations and improvement as well as at a transactional and defined project level. From technology to risk advisory, they’re experts in following through on top-level instructions and resolving the finer details – all in one straight-forward package. When you join them, you’ll work on some of the world’s most exciting financial operations and business deals, building your experience and expertise alongside the brightest minds in the industry.
We’ll help you succeed
Our clients trust us because of the quality of our advice. That quality grows from a thorough understanding of their business, and that understanding comes from working closely with clients and building long-lasting relationships.
There is a need for a Manager/Assistant Manager to join the Actuarial team within FS Advisory. This team provides advice on a wide range of issues, including assurance services, external and internal audit, corporate governance and risk advisory, regulatory advisory including section 166 skilled person work and portfolio transfers, actuarial loss-reserving and pricing, taxation, solvency and regulatory compliance, management information systems, litigation support and forensic accounting.
Our clients include London underwriters, Syndicates at Lloyd’s, P&I clubs and other mutual, reinsurance companies, London market and retail brokers
You’ll be someone with:
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An Actuarial qualification
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Strong technical actuarial knowledge .
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Open minded and critical thinker.
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Some experience of at least one of the following in non-life insurance: reserving for accounting purposes; Solvency II Technical Provisions; Solvency II Standard Formula; Capital Modelling; ERM. Experience of IFRS 17/ risk management /data analytics/pricing would also be beneficial.
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A willingness to get involved in new areas, including an interest in Data Science.
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High standard of IT literacy, including a strong working-knowledge of MS Excel and a willingness to learn additional applications (eg Access, SQL, R).
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Able to influence internal / external clients and colleagues.
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Proven planning and prioritising skills.
You’ll be able to be yourself; we’ll recognise and value you for who you are and celebrate and reward your contributions to the business. We’re committed to agile working, and we offer everyone the opportunity to work in ways that suit them, their teams, and the task in hand.
At BDO, we’ll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.
We’re in it together
Mutual support and respect is one of BDO’s core values and we’re proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we’ll support you at every stage in your career, whatever your personal and professional needs.
We can provide the best support for our clients and people when we’re working side by side. Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you’ll always have access to the people and resources you need to do your best work.
We know that collaboration is the key to creating value for our clients and satisfying experiences at work, so we’ve invested in state-of-the-art collaboration spaces in our offices. BDO’s people represent a wealth of knowledge and expertise, and we’ll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you’ll never stop learning at BDO.
We’re looking forward to the future
At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy.
Our success is powered by our people, which is why we’re always finding new ways to invest in them. Across 17 UK locations, we are 6,500 unique minds coming together to help our clients reach their ambitions.
We’ve got a clear purpose, and we’re confident in our future, because we’re adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.
Actuarial Manager employer: BDO UK
Contact Detail:
BDO UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Manager
✨Tip Number 1
Familiarize yourself with the specific actuarial qualifications and technical knowledge required for this role. Highlight any relevant experience in non-life insurance, especially in areas like reserving or Solvency II, during your conversations.
✨Tip Number 2
Showcase your willingness to learn and adapt, particularly in new areas such as Data Science. Engage in discussions about how you can apply data analytics to enhance actuarial processes.
✨Tip Number 3
Network with professionals in the actuarial field, especially those who work at BDO or similar firms. Attend industry events or webinars to connect with potential colleagues and gain insights into the company culture.
✨Tip Number 4
Prepare to discuss your planning and prioritizing skills in detail. Think of examples where you've successfully managed multiple projects or deadlines, as this will resonate well with the team’s focus on collaboration and support.
We think you need these skills to ace Actuarial Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your actuarial qualifications and relevant experience in non-life insurance. Emphasize your technical knowledge, especially in areas like Solvency II and IFRS 17, to align with the job requirements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills and experiences make you a great fit for the Actuarial Manager position, and mention your willingness to explore new areas like Data Science.
Showcase Your Technical Skills: Highlight your IT literacy, particularly your proficiency in MS Excel and any experience with data analytics tools. Mention any additional applications you are willing to learn, as this shows your adaptability and eagerness to grow.
Demonstrate Relationship-Building Skills: Since building long-lasting relationships is key at BDO, provide examples in your application of how you've successfully influenced clients or colleagues in previous roles. This will showcase your interpersonal skills and alignment with the company's values.
How to prepare for a job interview at BDO UK
✨Showcase Your Actuarial Expertise
Be prepared to discuss your actuarial qualifications and how they relate to the specific challenges faced in non-life insurance. Highlight any relevant experience with Solvency II, capital modeling, or risk management to demonstrate your technical knowledge.
✨Demonstrate Critical Thinking
BDO values open-minded and critical thinkers. Prepare examples of how you've approached complex problems in the past, particularly in actuarial contexts, and be ready to discuss your thought process and decision-making.
✨Emphasize Collaboration Skills
Since BDO prides itself on mutual support and teamwork, share experiences where you successfully collaborated with colleagues or clients. Highlight your ability to influence and build relationships, as this is crucial for the role.
✨Express Willingness to Learn
Show enthusiasm for expanding your skill set, especially in areas like data science or new software applications. Discuss any relevant training or self-study you've undertaken to stay current in the field, which aligns with BDO's commitment to continuous learning.