Life & P&C Actuarial Consultant: Reserves & Transformation in London

Life & P&C Actuarial Consultant: Reserves & Transformation in London

London Full-Time 45000 - 55000 £ / year (est.) On-site
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At a Glance

  • Tasks: Conduct reserve reviews and lead transformation projects in a dynamic consultancy.
  • Company: Join a major global consultancy with a focus on innovation.
  • Benefits: Competitive salary, professional development, and opportunities for growth.
  • Other info: Collaborative environment with a focus on automation and transformation.
  • Why this job: Make an impact in the actuarial field while working on exciting projects.
  • Qualifications: Part-qualified actuary with experience in life or GI and knowledge of IFRS 17.

The predicted salary is between 45000 - 55000 £ per year.

Actuarial Futures is seeking a part-qualified life or GI actuary to conduct independent reserve reviews and drive transformation and automation projects.

You will also support M&A due diligence, IFRS 17 and Solvency II work, and contribute to capital and financial reporting within a major global consultancy.

Candidates with Property & Casualty experience and knowledge of ORSA, IFRS 17, and internal models will excel.

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Life & P&C Actuarial Consultant: Reserves & Transformation in London employer: Actuarial Futures

Actuarial Futures is an exceptional employer, offering a dynamic work environment on the picturesque South Coast, where hybrid working options promote a healthy work-life balance. With a strong emphasis on professional development, employees are encouraged to enhance their technical skills and advance their careers in a supportive culture that values high-impact contributions to global financial reporting.

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Contact Details:

Actuarial Futures Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Life & P&C Actuarial Consultant: Reserves & Transformation in London

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

✨Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Actuarial Futures). A thoughtful message explaining your interest can really make a difference!

✨Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

✨Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Actuarial Futures. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Life & P&C Actuarial Consultant: Reserves & Transformation in London

Actuarial Skills
Independent Reserve Reviews
Transformation Projects
Automation Projects
M&A Due Diligence
IFRS 17
Solvency II

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Actuarial Futures.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Actuarial Futures. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Actuarial Futures

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Actuarial Futures to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at Actuarial Futures, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding Actuarial Futures's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.