At a Glance
- Tasks: Lead complex projects in life insurance capital and risk management while mentoring junior colleagues.
- Company: Join Howden, a dynamic global business focused on growth and innovation.
- Benefits: Enjoy competitive bonuses, generous leave, and a flexible benefits programme.
- Other info: Collaborative culture with excellent career development opportunities and flexible working options.
- Why this job: Make a real impact in the life insurance sector with cutting-edge solutions and expert advice.
- Qualifications: Qualified Actuary with experience in capital modelling and strong communication skills.
The predicted salary is between 75600 - 92400 £ per year.
Barnett Waddingham is now Howden, bringing our people together as one and offering our people greater opportunities to grow, connect and develop.
This is an exciting opportunity for a qualified actuary with a strong background in life insurance capital and risk management to join our Insurance Actuarial & Longevity (IAL) team.
Working alongside a highly regarded team of consultants, you will help deliver complex projects for life insurance clients while contributing to the continued growth and development of our capital and risk consulting capabilities.
As a Senior Consulting Actuary, you will work with a diverse client base on a wide range of strategic and regulatory initiatives, providing expert advice and innovative solutions that help clients navigate an evolving market landscape. You will also play an important role in developing client relationships, supporting business growth and mentoring junior colleagues.
A snapshot of your day:
- Lead and deliver client projects across capital, risk and regulatory consulting engagements.
- Support life insurance clients with risk-based capital modelling, model validation and capital management activities.
- Work on regulatory applications, business transfer projects and M&A-related assignments.
- Help modernise actuarial processes through the application of digital tools, automation and innovative modelling techniques.
- Build strong relationships with client stakeholders and act as a trusted adviser.
- Develop project scopes, manage delivery timelines and ensure high-quality outcomes.
- Contribute to research, thought leadership and the development of new client propositions.
- Support business development activities by identifying opportunities and building market presence.
- Develop and maintain a professional network across the life insurance sector.
- Participate in industry conferences and events, helping to raise the profile of the IAL team.
- Coach, mentor and support more junior colleagues, contributing to a collaborative and high-performing team culture.
- Work closely with colleagues across the wider consulting business to deliver integrated client solutions.
We would love to hear from you if you have:
- Qualified Actuary status with at least three years' post-qualification experience gained within a life insurer or consultancy.
- Strong knowledge of Solvency UK and related regulatory frameworks such as Solvency II and Bermuda.
- Experience developing, reviewing or validating risk-based capital models and calibration methodologies.
- Knowledge of capital management and risk management frameworks within the life insurance sector.
- Experience applying technology and digital solutions to enhance modelling and actuarial processes.
- Programming experience in languages such as Python or R would be advantageous.
- A strong understanding of current and emerging topics affecting life insurers.
- Excellent communication and presentation skills, with the ability to explain complex concepts clearly.
- Strong stakeholder management and relationship-building capabilities.
- Experience managing projects and delivering high-quality client outcomes.
- A collaborative mindset and a passion for supporting the development of others.
What's in it for you:
- Competitive discretionary annual bonus.
- A rare opportunity to both develop insight and see it applied.
- Scope to shape and evolve the function – lead the direction of alternative investment research within a growing and entrepreneurial business.
- Core benefits including life assurance of four times salary, income protection of 75% of salary for up to five years, and single private medical insurance cover.
- A generous pension scheme with 5% employee contributions matched by a 10% employer contribution.
- 25 days' annual leave, increasing to 27 days after five years' service.
- Access to the Howden flexible benefits programme, offering a wide range of benefits and discounts to support your wellbeing, family life and lifestyle.
- The opportunity to be part of a growing global business where career development, collaboration and innovation are encouraged.
- Happy to talk flexible working.
If you require reasonable adjustments or want more information on accessibility, please let us know.
Senior Consulting Actuary - Capital & Risk (Life Insurance) in Woodrow employer: Barnett Waddingham
Barnett Waddingham is an exceptional employer, offering a dynamic work environment in Bristol that fosters professional growth and development. With a strong commitment to employee well-being, we provide competitive benefits, including a discretionary annual bonus, extensive training opportunities, and a range of voluntary perks tailored to enhance your lifestyle. Join us at this exciting time in pension administration, where your contributions will be valued and rewarded as part of a supportive and collaborative team.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Consulting Actuary - Capital & Risk (Life Insurance) in Woodrow
✨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.
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✨Look Out for Graduate Schemes
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✨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 Barnett Waddingham. 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 Senior Consulting Actuary - Capital & Risk (Life Insurance) in Woodrow
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 Barnett Waddingham.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Barnett Waddingham. 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 Barnett Waddingham
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Barnett Waddingham 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 Barnett Waddingham, 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 Barnett Waddingham'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.
