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- Tasks: Join our actuarial team to dive into pricing, reserving, and capital modeling.
- Company: Work with a prestigious Lloyd’s syndicate known for its excellence in the insurance industry.
- Benefits: Gain hands-on experience with opportunities to rotate through underwriting and operations teams.
- Why this job: Kickstart your actuarial career with exposure to senior management and diverse functions.
- Qualifications: Must have a First Class or 2:1 degree in a numerical subject and AAB A Levels.
- Other info: Full right to work in the UK is required; no sponsorship available.
The predicted salary is between 28800 - 43200 £ per year.
We are working with a Lloyd’s syndicate who have an excellent opportunity for a graduate wanting to pursue an actuarial career. The position will sit within the actuarial function with exposure to pricing, reserving and capital modelling.
There is also opportunity to rotate to the underwriting and operations teams providing an excellent foundation and well-rounded understanding of the functions within an insurance company and how they operate.
You will require a First Class or 2:1 degree in a numerical subject and A Level grades at AAB minimum, or equivalent.
As a cross-function role, with regular engagement with senior management, the role will require excellent communication skills.
You must have full right to work in the UK as our client can not sponsor for this role.
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Graduate Actuarial Analyst employer: Bolton Associates
Contact Detail:
Bolton Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Graduate Actuarial Analyst
✨Tip Number 1
Make sure to brush up on your numerical skills and understanding of actuarial concepts. Familiarize yourself with pricing, reserving, and capital modeling as these are key areas for the role.
✨Tip Number 2
Engage with professionals in the insurance industry through networking events or online platforms like LinkedIn. This can help you gain insights into the role and potentially get referrals.
✨Tip Number 3
Practice your communication skills, especially in explaining complex numerical concepts in simple terms. This will be crucial when interacting with senior management and cross-functional teams.
✨Tip Number 4
Research the specific Lloyd’s syndicate you’re applying to. Understanding their values, recent projects, and market position can help you tailor your approach and show genuine interest during interviews.
We think you need these skills to ace Graduate Actuarial Analyst
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities and requirements of the Graduate Actuarial Analyst position. Familiarize yourself with actuarial concepts, pricing, reserving, and capital modeling to demonstrate your knowledge in your application.
Highlight Your Academic Achievements: Clearly state your degree classification and relevant A Level grades in your CV. If you have any additional qualifications or coursework related to mathematics or statistics, be sure to include those as well.
Showcase Communication Skills: Since the role requires excellent communication skills, provide examples in your cover letter of how you've effectively communicated complex information in previous experiences, whether in academic projects or internships.
Tailor Your Application: Customize your CV and cover letter for this specific role. Mention your interest in the insurance industry and how the opportunity to rotate through different teams aligns with your career goals.
How to prepare for a job interview at Bolton Associates
✨Showcase Your Numerical Skills
Since the role requires a strong numerical background, be prepared to discuss your academic achievements in detail. Highlight specific projects or coursework that demonstrate your analytical abilities and how they relate to actuarial tasks.
✨Understand the Actuarial Function
Familiarize yourself with key concepts in pricing, reserving, and capital modeling. Being able to discuss these topics intelligently will show your genuine interest in the field and your readiness to contribute to the team.
✨Demonstrate Communication Skills
As this role involves regular engagement with senior management, practice articulating your thoughts clearly and concisely. Prepare examples of how you've effectively communicated complex information in previous experiences.
✨Research the Company and Industry
Take the time to learn about the Lloyd’s syndicate and the insurance industry as a whole. Understanding their operations and current trends will help you ask insightful questions and show that you're proactive and well-informed.
