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- Tasks: Join us as an Actuarial Analyst, focusing on reinsurance pricing and reserving.
- Company: Be part of a dynamic team in a leading actuarial firm based in London.
- Benefits: Enjoy opportunities for travel, skill development, and a collaborative work culture.
- Why this job: This role offers growth in your actuarial career with hands-on experience in data analysis.
- Qualifications: 1-3 years of experience, proficiency in Excel, and knowledge of SQL, R, or Python required.
- Other info: Ideal for those looking to advance their career in a supportive environment.
The predicted salary is between 30000 - 42000 £ per year.
Capital Analyst – Non-Life Actuarial – London
Acumen have partnered with a growing Lloyd\’s Syndicate on their search for a Capital Analyst to join their team.
Role Overview
Responsible for the development, maintenance and governance of a capital model used for regulatory submissions and internal decision-making.
Key Responsibilities
- Source, validate and prepare data and inputs for model changes
- Implement and test model developments in line with agreed plans
- Analyse results, investigate anomalies and explain outcomes
- Perform first-line validation and support independent reviews
- Maintain model documentation, governance records and change logs
- Support model governance forums, including agenda, materials and minutes
- Prepare regulatory returns and management reporting
Skills & Experience
- 2–3 years’ experience in capital or actuarial modelling
- Progress toward professional qualifications
- Experience with capital modelling platforms and model execution
- Programming and data skills (e.g. SQL, Python, BI tools) desirable
- Strong analytical skills, attention to detail and problem-solving ability
- Pragmatic, flexible and able to work independently with a focus on outcomes
Please note, you must be based in the UK and be able to work in London 3 days per week.
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Actuarial Analyst employer: Acumen Group
Contact Detail:
Acumen Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in actuarial science and reinsurance pricing. This will not only help you in interviews but also show your genuine interest in the field.
✨Tip Number 2
Network with professionals in the actuarial field, especially those working in reinsurance. Attend industry events or join relevant online forums to make connections that could lead to job opportunities.
✨Tip Number 3
Brush up on your technical skills, particularly in Excel, SQL, R, or Python. Consider taking online courses or working on personal projects to demonstrate your proficiency during interviews.
✨Tip Number 4
Prepare for behavioural interview questions by reflecting on your past experiences. Think of specific examples where you've demonstrated strong analytical skills or effective communication, as these are key requirements for the role.
We think you need these skills to ace Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial roles, particularly focusing on any work with reinsurance pricing or reserving. Use keywords from the job description to demonstrate your fit for the role.
Showcase Technical Skills: Emphasise your proficiency in Excel and any experience you have with SQL, R, or Python. Consider including specific projects or tasks where you utilised these skills to solve problems or analyse data.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention your strong analytical skills and how they align with the company's needs, as well as your desire to grow in a collaborative environment.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that your communication is clear and professional, reflecting your strong verbal and written skills.
How to prepare for a job interview at Acumen Group
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in Excel and any experience you have with SQL, R, or Python. Be prepared to discuss specific projects where you've used these tools, as this will demonstrate your technical capabilities.
✨Demonstrate Analytical Thinking
Prepare examples that showcase your strong analytical skills. Discuss how you've approached data collection, manipulation, and analysis in previous roles or projects, as this is crucial for the Actuarial Analyst position.
✨Communicate Clearly
Since strong verbal and written communication skills are essential, practice explaining complex actuarial concepts in simple terms. This will show your ability to convey information effectively to both technical and non-technical audiences.
✨Express Your Enthusiasm for Growth
Convey your eagerness to grow within a collaborative environment. Mention your interest in opportunities for travel and professional development, as this aligns with the company's progressive culture.
