At a Glance
- Tasks: Support capital management and ensure compliance with industry regulations.
- Company: Collaborative and innovative insurance company focused on enabling potential.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Great opportunity for career growth in a forward-thinking company.
- Why this job: Join a dynamic team to solve complex business problems and drive innovation.
- Qualifications: Qualified actuary with strong communication and people management skills.
The predicted salary is between 60000 - 80000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„ .
Role Summary And Purpose
The role is for a qualified actuary, focused on supporting the capital management of Arch Insurance International.
- Ensure compliance with all industry legislation, regulation, codes of practice, guidance and Arch Group controls relevant to the role.
- Assist Arch Senior Management in evaluating strategic business choices on the basis of capital considerations.
- Embed Arch International’s capital model in the business.
Key Tasks And Responsibilities
- Assist the Head of Capital to manage day-to-day activities of the capital team in light of all regulatory and other deadlines.
- Provide people management to direct reports and/or technical support to junior members of the team.
- Assist in managing third party communication in light of process improvement process and other projects as required.
- Assist Head of Capital with moving beyond regulatory capital requirement calculations and ad hoc outward reinsurance assessment.
Role Requirements & Skills
- Qualified Actuary with at least 3 years post qualification experience.
- Technical leader with detailed knowledge of stochastic modelling techniques and insurance to maintain, run and develop the capital model.
- People manager.
- Excellent communication skills, both written and verbal.
- Knowledge of PRA / Lloyd’s requirements.
Qualifications
- Fellow of the Institute and Faculty of Actuaries, or equivalent.
- Experienced Capital Management Actuary.
- Experienced people manager.
- Good working experience of capital modelling software experience. Tyche experience is desirable but not necessary.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert!
Capital Actuary in London employer: ARCH EUROPE INSURANCE SERVICES LTD
Contact Detail:
ARCH EUROPE INSURANCE SERVICES LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Actuary in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Arch Insurance International on LinkedIn. Ask them about their experiences and any tips they might have for landing a role like the Capital Actuary. Personal connections can make all the difference!
✨Tip Number 2
Prepare for the interview by brushing up on your technical knowledge, especially around stochastic modelling techniques. Be ready to discuss how you’ve applied these in past roles. We want to see your expertise shine through!
✨Tip Number 3
Show off your people management skills! Think of examples where you've successfully led a team or mentored junior members. Arch values collaboration, so demonstrating your ability to work well with others is key.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, you can set up job alerts for future opportunities that match your skills and interests. Let’s make it happen!
We think you need these skills to ace Capital Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your qualifications as a Capital Actuary and any relevant projects you've worked on that showcase your expertise in capital management.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with Arch's mission. Don't forget to mention your people management experience and communication skills!
Showcase Your Technical Skills: Since this role requires knowledge of stochastic modelling techniques, make sure to include specific examples of how you've used these skills in your previous roles. If you have experience with capital modelling software like Tyche, definitely mention that too!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of being noticed. It’s super easy, and you'll be able to keep track of your application status. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at ARCH EUROPE INSURANCE SERVICES LTD
✨Know Your Numbers
As a Capital Actuary, you'll need to demonstrate your expertise in capital management and stochastic modelling. Brush up on key metrics and be ready to discuss how you've applied these in past roles. Show them you can not only crunch numbers but also interpret what they mean for strategic business choices.
✨Showcase Your People Skills
Since the role involves people management, be prepared to share examples of how you've successfully led teams or mentored junior members. Highlight your communication skills and how you've fostered collaboration within your team to achieve goals.
✨Understand Regulatory Requirements
Familiarise yourself with the PRA and Lloyd’s requirements relevant to the role. Be ready to discuss how you've ensured compliance in previous positions and how you would approach regulatory challenges at Arch Insurance International.
✨Prepare Questions About Innovation
Arch values innovation, so think about how you can contribute to this culture. Prepare insightful questions about their current projects or future initiatives in capital management. This shows your genuine interest in the company and your proactive mindset.