At a Glance
- Tasks: Support capital management and ensure compliance with industry regulations.
- Company: Arch Insurance, a collaborative and innovative company focused on enabling potential.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Why this job: Join a dynamic team to solve complex business problems and make an impact.
- Qualifications: Qualified actuary with 3+ years of experience and strong communication skills.
- Other info: Great career growth opportunities in a vibrant London location.
The predicted salary is between 43200 - 72000 £ per year.
Join to apply for the Capital Actuary role at Arch Insurance (UK) Limited. 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 PossibilitySM.
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.
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! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.
Location: London, England, United Kingdom
Capital Actuary in London employer: Arch Insurance (UK) Limited
Contact Detail:
Arch Insurance (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Actuary in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at Arch Insurance. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Show Off Your Skills
When you get the chance to meet potential employers or colleagues, make sure to highlight your experience with capital management and stochastic modelling. Share specific examples of how you've tackled complex problems in the past – it’ll show them you’re the real deal!
✨Prepare for the Interview
Do your homework on Arch Insurance and the role of Capital Actuary. Be ready to discuss how your skills align with their needs, especially around compliance and capital considerations. Practise common interview questions and think about how you can demonstrate your people management experience.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you can set up job alerts to stay updated on new openings that match your skills and interests.
We think you need these skills to ace Capital Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Capital Actuary role. Highlight your qualifications, experience, and skills that align with what Arch Insurance is looking for. We want to see how you can contribute to our team!
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 makes you a perfect fit. Remember, we love innovation and collaboration, so let that show in your writing.
Showcase Your Technical Skills: Since this role requires a solid understanding of stochastic modelling techniques, make sure to highlight any relevant experience or projects. We’re keen on seeing how you’ve applied your technical knowledge in real-world scenarios.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Arch Insurance (UK) Limited
✨Know Your Numbers
As a Capital Actuary, you'll need to demonstrate your expertise in capital management and stochastic modelling. Brush up on relevant metrics and be ready to discuss how you've applied these in past roles. This shows you’re not just familiar with the theory but can also apply it practically.
✨Showcase Your People Skills
Since this role involves people management, prepare 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. Arch values teamwork, so make sure to convey your ability to inspire and support others.
✨Understand Regulatory Requirements
Familiarise yourself with PRA and Lloyd's requirements as they relate to capital management. Be prepared to discuss how you’ve ensured compliance in previous roles. This will show that you understand the regulatory landscape and can navigate it effectively for Arch.
✨Be Ready for Problem-Solving Scenarios
Expect to tackle some complex business problems during the interview. Think of specific challenges you've faced in capital management and how you approached them. This will demonstrate your innovative mindset and problem-solving abilities, which are key for success at Arch.