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- Tasks: Join a dynamic team to lead actuarial projects and drive innovative solutions.
- Company: Miryco Consultants partners with top-tier firms to attract elite actuarial talent.
- Benefits: Enjoy a competitive salary, hybrid work options, and performance bonuses.
- Why this job: Be part of a forward-thinking consultancy that values creativity and impact in the actuarial field.
- Qualifications: Ideal candidates have a degree in Actuarial Science or related fields and relevant experience.
- Other info: This role is based in London; sponsorship is not available.
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
Senior Actuarial Consultant (London Area) employer: Placed
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 able to discuss these topics confidently during interviews will demonstrate your expertise and commitment to staying current in the field.
✨Tip Number 3
Prepare to showcase your modelling skills by working on relevant projects or case studies. Having concrete examples of your experience with coding languages like R or Python can set you apart from other candidates.
✨Tip Number 4
Research the company’s recent projects and initiatives in risk management and climate risk. This knowledge will not only help you tailor your responses but also show your genuine interest in their work and values.
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 your Property & Casualty actuarial experience. Include specific projects or roles that demonstrate your skills in areas like IFRS 17, Solvency II, and risk management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your background aligns with the responsibilities listed in the job description, such as independent reserve reviews and actuarial model optimisation.
Highlight Technical Skills: Emphasise your technical skills, especially your proficiency in coding languages like R or Python. Provide examples of how you've used these skills in previous roles to solve complex problems or improve processes.
Showcase Continuous Learning: Mention any ongoing professional development, such as courses or certifications related to actuarial science or data science techniques. This demonstrates your commitment to staying current in the field and adds value to your application.
How to prepare for a job interview at Placed
✨Showcase Your Technical Skills
Make sure to highlight your modelling skills and any experience you have with coding languages like R or Python. Be prepared to discuss specific projects where you've applied these skills, as this will demonstrate your practical knowledge and problem-solving abilities.
✨Understand the Regulatory Landscape
Familiarise yourself with key regulations such as IFRS 17 and Solvency II. Being able to discuss these topics confidently will show that you are not only knowledgeable but also aware of the current challenges in the actuarial field.
✨Prepare for Case Studies
Given the consultancy nature of the role, be ready to tackle case studies during your interview. Practice articulating your thought process clearly and logically, as this will help interviewers see how you approach complex problems.
✨Demonstrate Business Acumen
Since the role involves client presentations and business development, it's crucial to convey your understanding of the industry and market trends. Prepare examples of how you've contributed to business growth or improved processes in previous roles.
