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- Tasks: Lead actuarial models, support with-profits business, and analyse investment strategies.
- Company: Dynamic life insurance firm offering exciting career growth.
- Benefits: Hybrid work model, competitive salary, and professional development opportunities.
- Why this job: Gain diverse experience in a vital role within the life insurance sector.
- Qualifications: Part-qualified actuary with knowledge of Solvency II and actuarial modelling.
- Other info: Collaborative environment with strong focus on career advancement.
The predicted salary is between 36000 - 60000 £ per year.
South East / hybrid 3 days p/w office-based
Permanent
Life
Our client has an exciting career development opportunity for a part-qualified life actuary to gain exposure to a variety of different tasks including Solvency II valuation, including Pillar I, II and III, as well as UK GAAP and IFRS reporting.
In this diverse role, you will also lead the development of departmental models and processes while supporting the with-profits business, including making recommendations on investment strategy and bonus rates.
In addition, you will be responsible for the pricing of the annuity business and policy alteration terms, as well as experience analyses and recommending valuation assumptions and developing and maintaining actuarial models.
Knowledge of Solvency II, Pillars I, II and III alongside a detailed knowledge of actuarial modelling systems and/or financial projections is essential.
Senior Actuarial Trainee in Aylesbury employer: Actuarial Futures
Contact Detail:
Actuarial Futures Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Trainee in Aylesbury
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that Senior Actuarial Trainee role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Solvency II and actuarial modelling systems. We recommend practising common interview questions and scenarios related to valuation assumptions and investment strategies to show you’re ready for the challenge.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your experience with UK GAAP, IFRS reporting, and any relevant projects. We believe this will set you apart from other candidates and demonstrate your hands-on expertise.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you along the way, and applying directly can sometimes give you an edge. Let’s get you that dream job together!
We think you need these skills to ace Senior Actuarial Trainee in Aylesbury
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Actuarial Trainee role. Highlight your knowledge of Solvency II and any relevant actuarial modelling systems you've worked with.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this opportunity. Mention specific tasks from the job description, like pricing annuity business or supporting with-profits, to show you understand the role.
Showcase Your Analytical Skills: In your application, emphasise your analytical abilities and experience with financial projections. We want to see how you can contribute to developing departmental models and processes.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and keep track of your application.
How to prepare for a job interview at Actuarial Futures
✨Know Your Stuff
Make sure you brush up on your knowledge of Solvency II and the specific pillars. Familiarise yourself with UK GAAP and IFRS reporting as well. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Modelling Skills
Since you'll be leading the development of departmental models, be prepared to talk about your experience with actuarial modelling systems. Bring examples of past projects or analyses you've worked on to demonstrate your skills.
✨Understand the Business
Get a good grasp of the with-profits business and how investment strategies and bonus rates are determined. Showing that you understand the broader context of your work will impress the interviewers.
✨Ask Insightful Questions
Prepare some thoughtful questions about the company's approach to pricing annuity business and policy alterations. This not only shows your interest but also gives you a chance to engage in a meaningful conversation with the interviewers.
