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 supportive culture.
- Benefits: Gain valuable experience, develop technical skills, and enjoy a collaborative work environment.
- Other info: Embrace a culture of support, creativity, and accountability in your career journey.
- Why this job: Make an impact in a dynamic role while learning from industry experts.
- Qualifications: Part-qualified actuary with a passion for 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
- the ORSA
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 Woking employer: Argenta Group
Contact Detail:
Argenta Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst in Woking
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by practising common actuarial questions and scenarios. We recommend doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your skills! Bring examples of your work or projects to interviews. This not only highlights your experience but also demonstrates your passion for capital modelling.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll be one step closer to joining a fantastic team at Argenta.
We think you need these skills to ace Actuarial Analyst in Woking
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Analyst role. Highlight relevant experience, especially in capital modelling and any work with regulatory returns. We want to see how your skills align with what we’re looking for!
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 great fit. Don’t forget to mention your eagerness to learn and grow within the team.
Showcase Your Skills: Be sure to highlight your computing skills and any knowledge of coding languages like R or Python. If you’ve got experience with capital modelling techniques, let us know! We love seeing candidates who are proactive about their technical development.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Argenta Group
✨Know Your Numbers
As an Actuarial Analyst, you'll be dealing with a lot of data and models. Brush up on your understanding of capital modelling techniques and regulatory returns like LCR and SFSCR. Be ready to discuss how you've used these in past roles or projects.
✨Show Your Problem-Solving Skills
Argenta values creative solutions, so prepare examples of how you've tackled complex problems in your previous work. Think about times when you had to use your initiative to find a solution, especially in a team setting.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice explaining technical concepts in simple terms, as you may need to present your findings to non-technical stakeholders. This will show that you can bridge the gap between data and decision-making.
✨Emphasise Teamwork
Collaboration is key at Argenta. Be prepared to share experiences where you've worked effectively within a team. Highlight how you support others and contribute to a positive team environment, aligning with their core behaviours.