At a Glance
- Tasks: Lead a team in capital management and ensure compliance with industry regulations.
- Company: Dynamic insurance company focused on collaboration and innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Join a team that values progress and inspires potential.
- Why this job: Make a real impact in capital management while growing your career.
- Qualifications: Qualified actuary with 3+ years of experience and strong leadership skills.
The predicted salary is between 70000 - 90000 £ 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 Possibility.
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.
Experience
- Experienced Capital Management Actuary.
- Experienced people manager.
- Good working experience of capital modelling software.
- Tyche experience is desirable but not necessary.
Capital Actuary Manager employer: Arch Insurance (UK) Limited
At Arch Insurance International, we pride ourselves on fostering a collaborative and innovative work environment that empowers our employees to thrive. As a Capital Actuary Manager, you will benefit from a culture that values professional growth, offers comprehensive training opportunities, and encourages open communication, all while being part of a team dedicated to enabling possibilities for our clients and communities.
Contact Details:
Arch Insurance (UK) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Capital Actuary Manager
✨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 Arch Insurance (UK) Limited). 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 Arch Insurance (UK) Limited. 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 Capital Actuary Manager
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 Arch Insurance (UK) Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Arch Insurance (UK) Limited. 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 Arch Insurance (UK) Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Arch Insurance (UK) Limited 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 Arch Insurance (UK) Limited, 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 Arch Insurance (UK) Limited'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.
