At a Glance
- Tasks: Join our Capital Modelling team to deliver capital requirement calculations and support strategic decision-making.
- Company: Admiral, a diverse and inclusive company with a people-first culture.
- Benefits: 33 days holiday, up to £3,600 in free shares, and flexible working options.
- Other info: Recognised as a Great Place to Work for over 25 years, with excellent career progression opportunities.
- Why this job: Make a real impact on business planning and risk analysis while growing your career.
- Qualifications: Nearly or newly qualified actuary with strong analytical skills and experience in General Insurance.
The predicted salary is between 45000 - 55000 £ per year.
Flexible working: this role is offered on a hybrid basis, with a blend of home and office working.
We’re looking for anactuary to join our Capital Modelling team.
Reporting into a Senior Capital Actuary, you’ll support the delivery of capital requirement calculations at Group and solo entity levels, using both the standard formula and internal model.
This is a great opportunity to work closely with Risk and wider business teams, providing risk and capital analysis that supports strategic decision making across areas such as business planning, reinsurance strategy and dividends.
Key Responsibilities
- Support the delivery of capital requirements at Group and solo entity levels for reporting purposes.
- Produce risk and capital analysis to support key business decisions across the organisation.
- Prepare reports and presentations for senior management and, where required, the regulator.
- Work closely with the Risk function to build awareness of the key financial risks faced by the business.
- Support the ongoing delivery of the IMAP project, including validation remediation, model development, model documentation and risk parameterisation.
- Assist with the build and continuous improvement of the internal model, including data review, input parameterisation, model design, testing and calibration.
- Perform stress and sensitivity testing to assess the appropriateness of model outputs.
- Support international businesses with capital queries, sharing UK best practice and developing awareness of different issues across the wider business.
- Contribute to the ongoing development of the Capital Modelling team, including supporting colleagues and sharing technical knowledge.
Essential Skills and Experience
- Nearly or newly qualified actuary, ideally with experience working within a General Insurance environment.
- Strong understanding of capital modelling concepts, including internal models and standard formula calculations.
- Highly numerate and analytical, with a strong academic record.
- Excellent written and verbal communication skills, with the ability to explain technical analysis clearly to senior stakeholders.
- Experienced user of General Insurance capital modelling software (e. g. Igloo, Remetrica)
- Strong Microsoft Excel skills.
- Ability to work collaboratively with Risk, Actuarial and wider business teams.
- Strong attention to detail, particularly when reviewing data, model outputs and documentation.
Desirable Skills and Experience
- Experience with VBA or other tools used to improve modelling processes and outputs.
Please note - we may close this vacancy early if we receive lots of applications or business priorities change.
Admiral: Where You Can
We take pride in being a diverse and inclusive business.
It's a place where you can Be You, and show up as you are.
We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant.
You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.
Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays).
You also have the option to buy or sell up to an additional five days of annual leave.
We’re proud of our people-first culture.
In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years!
We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.
Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here.
Disability Confident Leader
As a Disability Confident Leader, for candidates with a disability or long-term health condition, that opt into the Disability Confident scheme, we’ll invite a fair and proportionate number of applicants that meet the essential requirements of the role to the first stage of our selection process.
If you need any adjustments or support with your application or during the recruitment process, just let us know.
Please email Helen. hunt@admiralgroup. co. uk or contact us on 07796 039828.
This number is dedicated to supporting candidates that require reasonable adjustments or support during the application process.
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Capital Actuary in Cardiff employer: Admiral Group plc
Admiral Group Plc is an exceptional employer that champions a diverse and inclusive work culture, offering generous holiday allowances and potential share options to enhance employee satisfaction. As a Senior Engineering Manager, you will have the opportunity to lead and shape strategy while fostering growth within your teams, making a meaningful impact in a dynamic environment. With a focus on capability development and collaboration with senior leaders, Admiral provides a rewarding platform for professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Actuary in Cardiff
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Admiral Group plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Capital Actuary in Cardiff
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Admiral Group plc.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Admiral Group plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Admiral Group plc
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Admiral Group plc.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Admiral Group plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Admiral Group plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
