At a Glance
- Tasks: Maintain and develop the group's capital model while ensuring compliance with Solvency II standards.
- Company: Specialist insurance company based in Greater London with a focus on innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Strong modelling skills in VBA, SQL, and MS Excel are essential.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: University degree in a quantitative discipline; part qualified or willing to take actuarial exams.
The predicted salary is between 42000 - 60000 £ per year.
A specialist insurance company in Greater London is seeking a Capital Actuary responsible for maintaining and developing the group's capital model. The candidate should have a university degree in a quantitative discipline and be part qualified or willing to undertake actuarial exams.
Key responsibilities include:
- Preparing Internal Model Capital Assessments
- Ensuring compliance with Solvency II standards
This role requires strong modelling and programming skills, particularly in VBA, SQL, and MS Excel, along with effective communication and teamwork abilities.
Capital Actuary: Capital Modeling & Solvency II employer: Beazley
Join a leading specialist insurance company in Greater London, where you will thrive in a collaborative and innovative work culture that values your contributions. With a strong focus on employee development, we offer comprehensive training and support for your actuarial exams, alongside competitive benefits and a commitment to work-life balance. Experience the unique advantage of working in a dynamic environment that encourages professional growth and fosters a sense of community among colleagues.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Actuary: Capital Modeling & Solvency II
✨Tip Number 1
Network like a pro! Reach out to professionals in the insurance and actuarial fields on LinkedIn. Join relevant groups and participate in discussions to get your name out there and show off your knowledge.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss capital modelling, Solvency II standards, and your experience with VBA, SQL, and Excel. Practice common interview questions to nail that first impression!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and tailor your approach to each one. Quality over quantity, folks!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It keeps you fresh in their minds and demonstrates your professionalism.
We think you need these skills to ace Capital Actuary: Capital Modeling & Solvency II
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your relevant skills and experiences that align with the Capital Actuary role. We want to see how your background in quantitative disciplines and any actuarial exams you've taken can contribute to our team.
Showcase Your Technical Skills:Since this role requires strong modelling and programming skills, don’t forget to mention your experience with VBA, SQL, and MS Excel. We love seeing specific examples of how you've used these tools in your previous roles!
Communicate Clearly:Effective communication is key in our team. When writing your application, be clear and concise about your experiences and how they relate to the responsibilities outlined in the job description. We appreciate straightforwardness!
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 us you're keen on joining our team!
How to prepare for a job interview at Beazley
✨Know Your Numbers
Brush up on your quantitative skills and be ready to discuss your experience with capital modelling. Make sure you can explain how you've applied your knowledge in previous roles, especially in relation to Solvency II standards.
✨Show Off Your Programming Skills
Since this role requires strong programming abilities, be prepared to talk about your experience with VBA, SQL, and MS Excel. Consider bringing examples of projects where you used these tools effectively to solve problems or improve processes.
✨Communicate Clearly
Effective communication is key in this role. Practice explaining complex actuarial concepts in simple terms, as you may need to present your findings to non-technical stakeholders. This will demonstrate your ability to work well in a team.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making process. Think of examples from your past experiences where you had to make critical decisions under pressure, particularly related to capital assessments.
