At a Glance
- Tasks: Support financial reporting and modelling for life insurance metrics.
- Company: Join an award-winning financial services organisation with a strong reputation.
- Benefits: Enjoy flexible working options and a supportive work culture.
- Why this job: Great opportunity to develop skills in a dynamic environment while making an impact.
- Qualifications: Part-qualified life actuary with knowledge of UK life insurance products required.
- Other info: Contact us for an informal chat about your career goals!
The predicted salary is between 36000 - 60000 £ per year.
Are you a part-qualified life actuary, ideally with financial reporting or modelling experience, seeking your next career opportunity within an award-winning financial services organisation? Then read on!
Responsibilities:
- Supporting the delivery of results and reports under metrics Solvency II (Pillar 1 & Pillar 2), calculating and monitoring solvency coverage and understanding the drivers in movement.
- Supporting the calculation of new business profit margins for reporting to senior management while ensuring the appropriateness of methodology and assumptions used for reporting purposes.
- Developing and maintaining actuarial reporting models/systems and processes.
- Assisting with the design and review of reinsurance programmes to achieve capital and financial targets.
Qualifications:
With knowledge of different types of UK life insurance products, the successful candidate will be a confident communicator, both written and oral. Talented exam-stoppers will be considered. A fantastic career opportunity offering a high level of flexible working.
Please contact us to discuss this vacancy or for an informal discussion regarding your career goals.
Life actuarial analyst opportunities employer: Star Actuarial Futures
Contact Detail:
Star Actuarial Futures Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Life actuarial analyst opportunities
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in life insurance. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at StudySmarter.
✨Tip Number 2
Familiarise yourself with Solvency II regulations and how they impact financial reporting. Being able to discuss these topics confidently during an interview will demonstrate your knowledge and commitment to the role.
✨Tip Number 3
Prepare to showcase your experience with actuarial modelling and reporting systems. Think of specific examples where you've successfully contributed to projects or improved processes, as this will highlight your practical skills.
✨Tip Number 4
Research StudySmarter's recent achievements and awards in the financial services sector. Being informed about our successes will help you articulate why you want to join us and how you can contribute to our ongoing success.
We think you need these skills to ace Life actuarial analyst opportunities
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience as a part-qualified life actuary. Emphasise any financial reporting or modelling experience you have, and ensure it aligns with the responsibilities mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Solvency II metrics and your ability to support the delivery of results. Mention specific examples of how you've calculated new business profit margins or developed actuarial models in previous roles.
Highlight Communication Skills: Since the role requires confident communication, include examples in your application that demonstrate your written and oral communication skills. This could be through presentations, reports, or collaborative projects you've been involved in.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or typos. A polished application reflects your attention to detail, which is crucial in the actuarial field.
How to prepare for a job interview at Star Actuarial Futures
✨Know Your Numbers
As a life actuarial analyst, you'll be dealing with metrics like Solvency II. Brush up on your understanding of these metrics and be prepared to discuss how you've used them in previous roles or projects.
✨Showcase Your Modelling Skills
Be ready to talk about your experience with actuarial reporting models and systems. Highlight any specific tools or software you’ve used, and consider bringing examples of your work to demonstrate your capabilities.
✨Communicate Clearly
Since the role requires confident communication, practice explaining complex actuarial concepts in simple terms. This will show that you can convey important information effectively to both technical and non-technical stakeholders.
✨Understand the Business Context
Familiarise yourself with the different types of UK life insurance products and the financial services industry. Being able to relate your actuarial knowledge to business outcomes will impress interviewers and show your strategic thinking.