At a Glance
- Tasks: Assist in capital modelling and regulatory returns for managed Syndicates.
- Company: Join Argenta Group, a leading player in the Lloyd’s market with a rich history.
- Benefits: Gain valuable experience, develop technical skills, and enjoy a supportive work culture.
- Other info: Collaborative team atmosphere focused on creativity and professional growth.
- Why this job: Make an impact in a dynamic environment while learning from industry experts.
- Qualifications: Part-qualified actuary with a keen interest in capital modelling and strong computing skills.
The predicted salary is between 30000 - 40000 £ per year.
About Argenta
Argenta Group is headquartered in London and has a presence in Australia, employing c.300 people globally. We are proud of our unique and rich history of trading in the Lloyd’s market, both as a Syndicate and Members’ Agency, and to be part of the Hannover Re Group. Our long-standing workforce are our greatest asset; the expertise and knowledge they bring has resulted in our successful track record and continues to shape our future growth strategy.
About the role
You will work closely with and report into the Head of Capital Modelling. Your primary objective is to assist the Capital Modelling team in activities across all managed Syndicates and other duties where necessary. You will work with other teams across Argenta and beyond to deliver on team and Syndicate objectives.
Key responsibilities
- Assisting with day-to-day operation of capital models for all managed Syndicates.
- Assisting with the production of regulatory returns such as the LCR, RDS, PRA Risk Information templates, SFSCR and LCM.
- Supporting ongoing development and maintenance of Internal Model documentation, the validation process, use test activities, and the ORSA.
- Supporting the Head of Capital Modelling and other Capital Modelling team members with the parameterisation of capital models for all managed Syndicates.
- Assisting with provision of management information, risk appetite metrics and written reports.
- Maintaining appropriate records for all work.
- Undertake any other related duties as may be reasonably required.
Working for a regulated Company, you will be expected to perform your duties to the highest of standards, in accordance with the following Conduct Rules as specified by the FCA:
- You must act with integrity.
- You must act with due care, skill and diligence.
- You must be open and co-operative with the FCA, PRA and other regulators.
- You must pay due regard to the interests of customers and treat them fairly.
- You must observe proper standards of market conduct.
Skills and experience
- A part-qualified actuary with relevant work experience.
- Some general insurance experience, ideally in a capital modelling role would be desirable. Candidates from a non-general insurance background would also be considered.
- Keen to learn about capital modelling and actively develop technical skills through on-the-job experience, training, and collaboration with senior team members.
- You will be studying for the IFoA actuarial examinations.
- Prior knowledge of capital modelling techniques is desirable.
- Previous experience of Lloyd’s Market business is desirable.
- Excellent computing skills are essential and competency in use of office IT applications.
- Knowledge of Igloo is highly desirable, but not necessary.
- Knowledge of coding languages such as R, Python, SQL, VB desirable.
- Attention to detail and ability to solve problems using their own initiative.
- Strong communication skills, both oral and written.
- Ability to prioritise workload.
Behaviours
These five behaviours sit at the heart of how we work at Argenta:
- Supporting each other: Treat each other with dignity and respect, valuing our differences, so we can all be ourselves and achieve our goals.
- Generating creative solutions: We do not settle for things that are not right; we do not walk by, we seek creative solutions.
- Owning the delivery: We set clear objectives and deadlines; we are accountable and own the delivery end to end, knowing others will too.
- Being Committed: High performing professionals, recognising the importance of wellbeing and balance in our lives.
- Building longstanding relationships: Collaboration with our clients and those we work with is key; we work as a team to ensure the best outcomes.
Actuarial Analyst in Northampton employer: Argenta Group
Argenta Group is an exceptional employer, offering a dynamic work environment in the heart of London, where employees are valued as the company's greatest asset. With a strong focus on professional development, employees have access to ongoing training and collaboration opportunities, fostering growth within the actuarial field. The inclusive culture promotes respect and teamwork, ensuring that every individual can thrive while contributing to the success of our managed Syndicates.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst in Northampton
✨Dive into Insurance Networking Events
Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!
✨Join Online Insurance Communities
Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.
✨Leverage University Resources
If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!
✨Apply Directly Through Us!
Don't forget to check our website for any entry-level openings at Argenta Group! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.
We think you need these skills to ace Actuarial Analyst in Northampton
Some tips for your application 🫡
Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!
Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.
Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with Argenta Group!
Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!
How to prepare for a job interview at Argenta Group
✨Know Your Basics: The Insurance Fundamentals
Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.
✨Prepare for Behavioural Questions
Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.
✨Show Enthusiasm for Learning
As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like Argenta Group want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.
✨Research Industry Trends
Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.
