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For Companies At a Glance
- Tasks: Join our team to run models, manipulate data, and draft client reports.
- Company: We are a leading consultancy firm serving diverse clients in insurance and longevity.
- Benefits: Enjoy a competitive bonus, generous pension, and up to 30 days holiday plus wellness perks.
- Why this job: Gain hands-on experience in a dynamic environment while solving complex problems with a supportive team.
- Qualifications: Part qualified actuary with experience in Life or Longevity pricing; strong communication skills required.
- Other info: Hybrid working available; we are committed to accessibility and inclusivity.
The predicted salary is between 36000 - 60000 £ per year.
Our Insurance and Longevity Consulting (ILC) Team provides consultancy services under both long-term support contracts and on standalone projects to a range of insurance and non-insurance clients. Our clients range from large multinationals and small niche insurers, based across a range of territories, to regulators and the Continuous Mortality Investigation (CMI), part of the Institute and Faculty of Actuaries.
We have a new opportunity for an Actuarial Consultant to join the team in our London office on a hybrid basis. There is also opportunity to work with the General Insurance and Longevity teams to gain varied experience.
A snapshot of your day:
- Running and/or checking models in Python, R or Excel and then interpreting the results.
- Manipulating data.
- Creating models in Python, R or Excel with supervision.
- Owning some of the Tools used in the team and supervising training for team members.
- Writing draft reports for clients.
- Potential to also work in BPA pricing and on Matching Adjustment projects.
We would love to hear from you if you have:
- Part qualified actuary with experience working in Life or Longevity pricing or reserving or other life insurance roles.
- Ability to do and lead technical actuarial work and oversee development of software/models.
- Good communicator. Drafting client reports and meeting papers and presenting at meetings.
- Detail-oriented and highly organised.
- A team player, with the ability and confidence to liaise and communicate with stakeholders both internally and externally.
- A problem solver, love finding solutions to complex problems.
What’s in it for you:
- Competitive discretionary annual bonus
- Generous pension scheme
- Core benefits for you including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading
- A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts
Accessibility: We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.
Contact Detail:
Barnett Waddingham Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Consultant
✨Tip Number 1
Familiarise yourself with the specific software and programming languages mentioned in the job description, such as Python, R, and Excel. Having hands-on experience or projects that showcase your skills in these areas can set you apart during the interview process.
✨Tip Number 2
Network with current or former employees of our Insurance and Longevity Consulting team. Engaging with them on platforms like LinkedIn can provide you with valuable insights into the company culture and expectations, which can be beneficial for your interview.
✨Tip Number 3
Prepare to discuss your problem-solving abilities by thinking of specific examples where you've tackled complex issues in previous roles. This will demonstrate your analytical skills and ability to contribute effectively to our team.
✨Tip Number 4
Showcase your communication skills by practising how you would present technical information to non-technical stakeholders. Being able to convey complex actuarial concepts clearly is crucial for this role, so consider mock presentations to refine your approach.
We think you need these skills to ace Actuarial Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial work, particularly in Life or Longevity pricing. Emphasise any technical skills in Python, R, or Excel, as well as your ability to communicate complex ideas clearly.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific projects or experiences that align with the responsibilities of the Actuarial Consultant position, such as drafting client reports or manipulating data.
Highlight Problem-Solving Skills: In your application, provide examples of how you've tackled complex problems in previous roles. This could include specific challenges you faced and the solutions you implemented, demonstrating your analytical and problem-solving abilities.
Showcase Teamwork and Communication: Since the role requires liaising with stakeholders, include examples of successful teamwork and communication in your application. Highlight any experience where you led discussions or presented findings to clients or colleagues.
How to prepare for a job interview at Barnett Waddingham
✨Brush Up on Technical Skills
Make sure you're comfortable with Python, R, and Excel, as you'll likely be asked to demonstrate your ability to run and check models. Practise interpreting results and manipulating data, as these are key aspects of the role.
✨Prepare for Problem-Solving Questions
Expect questions that assess your problem-solving skills. Be ready to discuss complex problems you've encountered in previous roles and how you approached finding solutions. Use specific examples to illustrate your thought process.
✨Showcase Your Communication Skills
As a consultant, you'll need to communicate effectively with clients and team members. Prepare to discuss how you've drafted reports or presented findings in the past. Highlight your ability to convey technical information clearly.
✨Demonstrate Teamwork and Leadership
Be prepared to talk about your experience working in teams and any leadership roles you've held. Discuss how you’ve supervised training for team members or led projects, as this will show your capability to collaborate and guide others.
