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- Tasks: Join a dynamic team to lead actuarial projects and transform processes.
- Company: Miryco Consultants partners with top-tier firms to find elite actuarial talent.
- Benefits: Enjoy a competitive salary, hybrid work options, and performance bonuses.
- Why this job: Be part of an entrepreneurial culture that values innovation and professional growth.
- Qualifications: Bachelor’s or Master’s in a relevant field with 2+ years of actuarial experience.
- Other info: This role does not offer sponsorship; apply if you meet the qualifications!
The predicted salary is between 56000 - 84000 £ per year.
Miryco Consultants is working with an elite management consultancy to headhunt top actuarial talent to join their growing team in London. An entrepreneurial business, open to speaking with talent at a range of levels, our client continues to attract some of the highest-performing consultants in the market.
Responsibilities:
- Independent reserve reviews, plus process transformation and automation initiatives, methodology reviews and customisable reserve implementations.
- M&A due diligence work, including management support and strategy, model build, and development of projected UK statutory distributable earnings and future new business value.
- IFRS 17 and Solvency II support, as well as independent expert roles.
- Risk management and support, including validation, risk appetite reviews and oversight, as well as emerging practice on climate risk.
- Actuarial model conversions and optimisation (Reserving, Pricing, Capital).
- Client and industry presentations, surveys, case studies and wider marketing support and business development including managing proposals, tenders and other stakeholder management.
- Development and maintenance of intellectual capital, including involvement with the latest data science techniques and cutting edge methodologies from quantitative finance.
Desired Skills (not all essential):
- Bachelor’s or Master’s degree, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field.
- Minimum 2 years of relevant Property & Casualty actuarial experience.
- Either part or fully qualified actuary (FIA or equivalent).
- Knowledge of finance and/or risk management topics, including technical aspects such as Solvency II internal models, ORSA and IFRS17.
- SAO Signing certificate or knowledge of the SAO year end process.
- Lloyds of London Capital Requirements.
- Strong modelling skills with practical experience in at least one coding language (e.g., R, Python) would be preferred.
Location: London (Hybrid)
Salary: £70,000 - £100,000 + bonus
Please note, our client is unable to offer sponsorship for this opportunity. Finally, should you not be contacted within five working days of submitting your application, then unfortunately you have not been shortlisted for the opportunity. We will however, be in touch should there be any other opportunities of potential interest that are suiting to your skills.
For similar roles, please visit www.miryco.com
Contact Detail:
Placed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Consultant (London Area)
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in management consultancy. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with the latest developments in IFRS 17 and Solvency II. Being well-versed in these topics will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss your experience with actuarial model conversions and optimisation during interviews. Be ready to share specific examples of how you've applied your skills in real-world scenarios.
✨Tip Number 4
Showcase your coding skills by discussing any relevant projects you've worked on using languages like R or Python. Highlighting your technical abilities can set you apart from other candidates.
We think you need these skills to ace Senior Actuarial Consultant (London Area)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in actuarial science, particularly focusing on Property & Casualty. Emphasise any specific projects or roles that align with the responsibilities mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your qualifications, relevant experience, and how you can contribute to the team. Be sure to address the specific skills and experiences that the consultancy is looking for.
Highlight Technical Skills: Since the role requires strong modelling skills and knowledge of coding languages like R or Python, make sure to include any relevant technical skills in your application. Provide examples of how you've used these skills in previous roles.
Follow Up: After submitting your application, consider sending a polite follow-up email if you haven't heard back within a week. This shows your enthusiasm for the position and keeps you on their radar.
How to prepare for a job interview at Placed
✨Showcase Your Technical Skills
As a Senior Actuarial Consultant, you'll need to demonstrate your strong modelling skills. Be prepared to discuss your experience with coding languages like R or Python, and provide examples of how you've applied these skills in real-world scenarios.
✨Understand the Regulatory Landscape
Familiarise yourself with key regulations such as Solvency II and IFRS 17. During the interview, be ready to discuss how these frameworks impact actuarial practices and share any relevant experiences you have in navigating these regulations.
✨Prepare for Case Studies
Expect to tackle case studies or practical scenarios during your interview. Brush up on your problem-solving skills and think about how you would approach M&A due diligence or risk management tasks, as these are crucial aspects of the role.
✨Demonstrate Business Acumen
This role involves client presentations and business development. Highlight your experience in stakeholder management and how you've contributed to proposals or tenders in the past. Show that you understand the business side of actuarial work, not just the technical details.
