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- Tasks: Support the actuarial function with pricing, reserving, and regulatory reporting.
- Company: Join a leading specialty insurer and reinsurer in London.
- Benefits: Enjoy flexible working options, including remote work and collaboration with global teams.
- Why this job: Be part of a dynamic team making an impact across international insurance markets.
- Qualifications: Experience in actuarial pricing or reserving; strong interpersonal and organisational skills required.
- Other info: Work from the London office at least two days a week.
The predicted salary is between 36000 - 60000 £ per year.
About us Avencia are partnered with a leading specialty insurer and reinsurer, who are looking to recruit an Actuarial Analyst in their London office. The opportunity Join a dynamic actuarial team supporting an international insurance organisation across multiple geographical regions. While primarily based in London, the team operates flexibly, with the option to work remotely or from other office locations. This role offers frequent interaction with teams across underwriting, finance, and claims, as well as colleagues globally-including the US and Europe. Key responsibilities Deliver technical and operational support to the actuarial function covering Professional and Financial risk and European underwriting portfolios. Contribute to: Large account pricing and tool validation Business planning and capital model parameterisation Quarterly reserving and best estimate analysis Annual regulatory reporting Develop strong working relationships with underwriting teams, offering both challenge and support across pricing and reserving. Take ownership of core processes to produce deliverables for internal and external stakeholders. Support wider actuarial initiatives across the international business.Skills & experience Prior experience in either actuarial pricing or reserving; experience in both is an advantage. Strong interpersonal skills with the ability to build effective relationships across multiple departments, including Underwriting, Finance, and Claims. A team player with excellent organisational skills and the ability to manage your own workload. Comfortable presenting results and insights to underwriters or other business stakeholders. Understanding of actuarial inputs to business planning and capital modelling processes. Willingness to work from the London office at least two days a week
Actuarial Analyst employer: Avencia Consulting Services
Contact Detail:
Avencia Consulting Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst
✨Tip Number 1
Network with professionals in the actuarial field, especially those working in insurance and reinsurance. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at Avencia.
✨Tip Number 2
Familiarise yourself with the latest trends in actuarial pricing and reserving. Being knowledgeable about current practices will not only boost your confidence but also impress interviewers with your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully collaborated with teams across different departments. Highlighting your interpersonal skills and ability to build relationships will be crucial for this role.
✨Tip Number 4
Practice presenting complex actuarial concepts in a clear and concise manner. Since the role involves communicating insights to underwriters and stakeholders, being able to articulate your thoughts effectively will set you apart from other candidates.
We think you need these skills to ace Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial pricing or reserving. Emphasise any specific projects or roles that demonstrate your ability to support underwriting, finance, and claims.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the key responsibilities, such as delivering technical support and developing relationships with underwriting teams.
Showcase Interpersonal Skills: Since strong interpersonal skills are crucial for this role, provide examples in your application of how you've successfully built relationships across departments in previous positions.
Highlight Flexibility and Teamwork: Mention your willingness to work from the London office and your ability to collaborate effectively within a team. This will show that you are adaptable and ready to contribute to the dynamic environment.
How to prepare for a job interview at Avencia Consulting Services
✨Know Your Numbers
As an Actuarial Analyst, you'll be dealing with complex data and calculations. Brush up on your technical skills and be prepared to discuss your experience with pricing, reserving, and capital modelling. Be ready to explain how you've applied these skills in previous roles.
✨Build Rapport
Strong interpersonal skills are crucial for this role. During the interview, focus on building a connection with your interviewers. Share examples of how you've successfully collaborated with teams across different departments, such as Underwriting and Finance.
✨Showcase Your Problem-Solving Skills
Be prepared to discuss specific challenges you've faced in your previous roles and how you overcame them. Highlight your analytical thinking and how it contributed to effective decision-making in actuarial processes.
✨Ask Insightful Questions
Demonstrate your interest in the company and the role by asking thoughtful questions. Inquire about the team's current projects, the company's approach to international business, or how they support professional development within the actuarial function.
