Capital Actuary

Capital Actuary

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage and develop the Group’s capital model while collaborating with various teams.
  • Company: Beazley, a forward-thinking company focused on teamwork and innovation.
  • Benefits: Competitive salary, training opportunities, and a supportive work environment.
  • Why this job: Join us to make a real impact in risk management and capital assessment.
  • Qualifications: Experience in data analysis, programming skills, and a passion for learning.
  • Other info: Diverse and inclusive workplace that values your unique contributions.

The predicted salary is between 36000 - 60000 £ per year.

Company: Beazley

Job Summary: To be responsible for the Group’s capital model.

Key Relationships: Members of Risk Management, Actuarial, Finance, and Underwriting teams.

Key Responsibilities:

  • To maintain and develop the internal model so that it continues to reflect the risk profile.
  • To prepare the Internal Model Capital Assessments.
  • To use the internal model to answer business and risk management questions.
  • To ensure that the capital model meets the Solvency II standards.

Other Responsibilities:

  • To develop understanding of the business that will assist in producing analysis to use the internal model output.
  • To develop understanding of the regulatory approaches that will assist in presenting internal model output.
  • To comply with relevant Beazley procedures and policies.

It Is Important That: Within all your interactions both internally and externally you adhere to Beazley’s Core Values - Being Bold, Striving For Better, And Doing The Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.

Training: Undertake training on Beazley policies and procedures as delivered by your line manager.

Competencies:

  • Using databases (familiarity with SQL).
  • Programming skills (VBA preferred).
  • Information seeking.
  • Self-starter.
  • Willingness to learn.
  • Analytical thinking.
  • Problem solver.
  • Teamwork.
  • Initiative.
  • Integrity.
  • Accuracy.

Diversity Statement: Don’t meet all the requirements? At Beazley we’re committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.

Capital Actuary employer: Beazley

Beazley is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to be bold and strive for better. As a Capital Actuary, you will have the opportunity to work closely with various teams, enhancing your professional growth while contributing to meaningful projects that align with Solvency II standards. Located in a vibrant area, Beazley offers a supportive environment that values integrity and teamwork, making it an ideal place for those seeking a rewarding career in the insurance industry.
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Contact Detail:

Beazley Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Capital Actuary

✨Tip Number 1

Network like a pro! Reach out to folks in the Risk Management, Actuarial, and Finance teams. A friendly chat can open doors and give you insights that a job description just can't.

✨Tip Number 2

Show off your skills! If you've got experience with SQL or VBA, make sure to highlight that in conversations. Bring examples of how you've used these skills to solve problems in past roles.

✨Tip Number 3

Be bold and ask questions! When you get the chance to speak with someone from Beazley, don’t hesitate to ask about their internal model and how it reflects their risk profile. It shows you're genuinely interested.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re keen on joining the Beazley team and ready to embrace our core values.

We think you need these skills to ace Capital Actuary

Capital Modelling
Solvency II Standards
Data Analysis
SQL
VBA Programming
Analytical Thinking
Problem Solving
Teamwork
Communication Skills
Regulatory Knowledge
Flexibility
Initiative
Integrity
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Capital Actuary role. Highlight your experience with capital models, risk management, and any relevant programming skills like SQL or VBA.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you're excited about this position at Beazley. Share specific examples of how you've demonstrated our core values: being bold, striving for better, and doing the right thing.

Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to include examples of your analytical thinking and problem-solving abilities. We want to see how you approach complex issues and find solutions.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows your enthusiasm for joining our team!

How to prepare for a job interview at Beazley

✨Know Your Numbers

As a Capital Actuary, you'll be dealing with complex data and models. Brush up on your understanding of capital models and Solvency II standards before the interview. Be ready to discuss how you've used data analysis in past roles and how it relates to the responsibilities at Beazley.

✨Show Your Team Spirit

Beazley values teamwork, so highlight your collaborative experiences. Think of examples where you’ve worked with different departments like Risk Management or Finance. This will show that you can interact well across teams, which is crucial for this role.

✨Demonstrate Your Problem-Solving Skills

Prepare to discuss specific challenges you've faced in previous roles and how you approached solving them. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will showcase your analytical thinking and initiative.

✨Embrace Beazley’s Core Values

Familiarise yourself with Beazley’s core values: Being Bold, Striving For Better, and Doing The Right Thing. Think of examples from your experience that align with these values. This will help you connect with the company culture and demonstrate that you're a good fit.

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