At a Glance
- Tasks: Join a dynamic team as a Lloyd's Reporting Actuary, focusing on regulatory reporting and technical provisions.
- Company: Work with a top-tier insurer renowned for disciplined underwriting and exceptional client service.
- Benefits: Enjoy opportunities for skill expansion, collaboration, and exposure to cutting-edge tools.
- Why this job: Be part of impactful projects, present insights to executives, and work in a supportive culture.
- Qualifications: Experience in actuarial roles, particularly in Lloyd's reporting and capital submissions is essential.
- Other info: This role offers a chance to collaborate across departments and enhance your analytical skills.
The predicted salary is between 43200 - 72000 £ per year.
We\’re are working with a top-tier specialty lines insurer and reinsurer, known for their disciplined underwriting, intelligent risk-taking, and exceptional client service. They\’re currently seeking an experienced Lloyd\’s Reporting Actuary to join their London-based team. You\’ll collaborate closely with capital modelling, pricing, and finance teams, and will also be involved in presenting insights to executive committees and external consultants. This role is not limited to but includes: Playing a central role in regulatory reporting for two Lloyd\’s syndicates Leading the calculation of technical provisions under Solvency II and UK GAAP Supporting capital teams with Lloyd\’s capital submissions Contributing to the Lloyd\’s SBF process and aligning actuarial assumptions across departments Partnering with external consultants to coordinate actuarial opinions Delivering insights to the Executive Committee and Board Getting involved in wider reserving, planning, and strategic projects Working cross-functionally with pricing, FP&A, and finance controllers Exposure to cutting-edge tools and analytics with opportunities to expand your technical skills For more information please apply.41bf1e1f-b16b-4260-a40a-17c77a06fd15
Lloyd\'s Reporting Actuary employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lloyd\'s Reporting Actuary
✨Tip Number 1
Familiarise yourself with the Lloyd's market and its regulatory environment. Understanding the nuances of Lloyd's reporting and Solvency II requirements will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who work within Lloyd's syndicates. Attend industry events or webinars to make connections that could lead to valuable insights and potential referrals.
✨Tip Number 3
Brush up on your technical skills related to capital modelling and financial reporting. Being able to demonstrate proficiency in relevant software and analytical tools will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience in cross-functional collaboration. Be ready to share examples of how you've worked with finance, pricing, and capital teams to achieve common goals, as this is crucial for the role.
We think you need these skills to ace Lloyd\'s Reporting Actuary
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Lloyd's Reporting Actuary. Familiarise yourself with regulatory reporting, Solvency II, and UK GAAP to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in actuarial roles, particularly those involving regulatory reporting and collaboration with finance teams. Use specific examples to demonstrate your expertise.
Showcase Technical Skills: Mention any relevant technical skills or tools you have experience with, especially those related to capital modelling and analytics. This will show that you are well-prepared for the role and can contribute effectively.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the company and the role. Mention how your values align with their disciplined underwriting and client service focus.
How to prepare for a job interview at HFG Insurance Recruitment
✨Understand the Regulatory Landscape
Familiarise yourself with the key regulations surrounding Lloyd's syndicates, particularly Solvency II and UK GAAP. Being able to discuss these frameworks confidently will demonstrate your expertise and readiness for the role.
✨Showcase Your Technical Skills
Prepare to discuss your experience with technical provisions and capital submissions. Highlight any specific tools or analytics you've used in previous roles, as this will show your capability to handle the cutting-edge tools mentioned in the job description.
✨Prepare for Cross-Functional Collaboration
Since the role involves working closely with various teams, think of examples where you've successfully collaborated across departments. Be ready to share how you can contribute to the synergy between actuarial, pricing, and finance teams.
✨Communicate Insights Effectively
As you'll be presenting insights to executive committees, practice articulating complex actuarial concepts in a clear and concise manner. Consider preparing a brief presentation on a relevant topic to showcase your communication skills during the interview.