At a Glance
- Tasks: Lead actuarial deliverables and collaborate across teams to enhance processes.
- Company: A growing personal lines firm with a focus on innovation.
- Benefits: Flexible working, competitive salary, and opportunities for professional growth.
- Other info: Join a dynamic team with a commitment to process improvement and automation.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Qualified actuary with experience in Solvency 2 and non-life insurance.
The predicted salary is between 70000 - 90000 £ per year.
I am working with a growing personal lines firm who are seeking an Actuarial manager to join the team. The main focus would be managing the production of actuarial deliverables into the company's Solvency 2 processes and collaborate with other functions i.e Risk/Finance. This role would require one day per week in the London office (with flexibility).
Responsibilities:
- Calculating the best estimate of liabilities, the risk margin, the underwriting risk SCR (Pillar I)
- Assist with the ORSA process and the capital assessment, the stress testing and the assessment of the standard formula (Pillar II)
- Maintain the company’s governance framework, including result review, process or policy documentation
- Transform the team operating model, by improving process efficiency and enhancing automation
Requirements:
- Ideally qualified actuary
- Experience with Solvency 2 and ORSA process
- Background within non life insurance, preferably personal lines/P&C
Actuarial Manager (Reserving & Capital) in Slough employer: Arthur Recruitment
Join a forward-thinking personal lines insurer that values innovation and creativity in its pricing team. With a strong emphasis on employee growth, you will have the opportunity to develop your skills in a collaborative environment while working on cutting-edge pricing methodologies. Enjoy a supportive work culture that encourages curiosity and offers meaningful career advancement opportunities in a dynamic sector.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Manager (Reserving & Capital) in Slough
✨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 Arthur Recruitment). 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 Arthur Recruitment. 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 Actuarial Manager (Reserving & Capital) in Slough
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 Arthur Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Arthur Recruitment. 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 Arthur Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Arthur Recruitment 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 Arthur Recruitment, 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 Arthur Recruitment'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.
