Senior Actuary

Senior Actuary

Full-Time 48000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to analyze financial data and develop innovative insurance solutions.
  • Company: Be part of a dynamic, growing company with a clear vision and a strong team.
  • Benefits: Enjoy health, dental, life insurance, pension plans, and performance bonuses.
  • Why this job: This is a fantastic opportunity for professional growth in a high-impact role.
  • Qualifications: You need a Bachelor's in a related field and 5+ years of experience.
  • Other info: Work with a diverse team across the UK and Ireland on exciting projects.

The predicted salary is between 48000 - 84000 £ per year.

Abacus are reviewing the market and aiming to engage with suitable professionals for a Senior Actuary position. We seek an experienced Actuary with expertise in investment and financial planning to join our clients growing, multi-disciplinary team. The Senior Actuary will be responsible finding solutions to balance costs and risks, conducting regular rate analysis, researching and pricing products and financial product development. The right candidate will apply their talents at our progressive, growing company and enjoy advantages such as the opportunity for professional growth and a comprehensive benefits package. This is a superb opportunity to join a high-growth team, led by dynamic Directors with a clear vision. You will work with a 200+ strong team that has operations across the UK and Ireland on challenging projects. Duties: Prepare monthly and quarterly financial reports Use pricing models to perform analysis Monitor market for current prices and products and prepare competitive analysis reports Handle preparation and submission for filings of long-term care rates Design and price insurance policies and pensions and ensure plans are financially sound Qualifications and skills: Bachelors Degree in Mathematics, Statistics, Actuarial Science or related discipline 5+ years experience evaluating insurance and pension plans Strong written and verbal communication skills Ability to clearly explain complex statistics and technical details Advanced computer skills, including understanding of databases, spreadsheets and statistical analysis software Strong attention to detailWe are looking for a Senior Actuary with expertise in investment and financial planning to join our clients growing, multi-disciplinary team. The Senior Actuary will be responsible finding solutions to balance costs and risks, conducting regular rate analysis, researching and pricing products and financial product development. The right candidate will apply their talents at our progressive, growing company and enjoy advantages such as the opportunity for professional growth and a comprehensive benefits package. ” Skills: Actuary Analytics Research Benefits: Health,Dental,Life Insurance, Pension, Bonus

Senior Actuary employer: Abacus Professional Recruitment

Abacus is an exceptional employer, offering a dynamic work environment where experienced professionals can thrive. With a strong focus on employee growth and a comprehensive benefits package, including health, dental, and pension plans, our team of over 200 members across the UK and Ireland collaborates on challenging projects that drive innovation in financial planning and investment. Join us to be part of a high-growth team led by visionary Directors, where your expertise as a Senior Actuary will be valued and rewarded.
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Contact Detail:

Abacus Professional Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuary

✨Tip Number 1

Make sure to highlight your experience in investment and financial planning during networking events or conversations. Engaging with professionals in the industry can help you learn about unadvertised opportunities and get insights into what companies like Abacus are looking for.

✨Tip Number 2

Stay updated on current market trends and pricing models relevant to the actuarial field. This knowledge will not only prepare you for interviews but also demonstrate your proactive approach and commitment to the profession.

✨Tip Number 3

Consider joining professional actuarial organizations or attending industry conferences. These platforms provide excellent networking opportunities and can connect you with key decision-makers at companies like Abacus.

✨Tip Number 4

Prepare to discuss specific examples of how you've balanced costs and risks in previous roles. Being able to articulate your problem-solving skills and analytical thinking will set you apart from other candidates.

We think you need these skills to ace Senior Actuary

Actuarial Science
Financial Analysis
Risk Management
Statistical Modeling
Pricing Strategy
Data Analysis
Market Research
Communication Skills
Attention to Detail
Advanced Excel Skills
Database Management
Report Writing
Problem-Solving Skills
Investment Planning

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Senior Actuary position. Understand the key responsibilities and qualifications required, such as expertise in investment and financial planning, and experience with pricing models.

Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job requirements. Emphasize your 5+ years of experience evaluating insurance and pension plans, and your strong analytical skills.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the actuarial field and your ability to balance costs and risks. Mention specific examples of how you've successfully conducted rate analysis or developed financial products in the past.

Highlight Communication Skills: Since strong written and verbal communication skills are essential for this role, provide examples in your application of how you have effectively explained complex statistics and technical details to non-experts.

How to prepare for a job interview at Abacus Professional Recruitment

✨Showcase Your Analytical Skills

As a Senior Actuary, your ability to analyze data is crucial. Be prepared to discuss specific examples of how you've used analytical skills in previous roles, particularly in investment and financial planning.

✨Communicate Complex Concepts Clearly

Strong communication skills are essential for this role. Practice explaining complex statistical concepts in simple terms, as you may need to convey these ideas to non-technical stakeholders during the interview.

✨Demonstrate Industry Knowledge

Stay updated on current market trends and pricing models relevant to insurance and pensions. Being able to discuss recent developments in the industry will show your commitment and expertise.

✨Prepare for Technical Questions

Expect technical questions related to actuarial science, such as rate analysis and product pricing. Review key concepts and be ready to solve problems or case studies that may be presented during the interview.

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