At a Glance
- Tasks: Analyse insurance data, build models, and ensure compliance with pension regulations.
- Company: Join a growing specialist team in the financial services sector.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while developing your technical skills.
- Qualifications: Technical experience in actuarial or admin roles, with strong calculation skills.
- Other info: Dynamic environment with a focus on career advancement and client interaction.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Insurance Data Actuary, Consultant – UK-wide hybrid arrangement. Locations: UK-wide with 2x/week in office (examples: Belfast, Reading, Leeds, London, and more).
Seeking analytic, technical individuals to join a specialist team that services a range of insurance clients. The team has been in development for three years and is expanding due to increased workload. At the Consultant level, you will be expected to have a degree of client interaction by communicating findings and proposing solutions, but this is primarily a technical role.
The work ranges from completing due diligence on data from the insurer client to helping Trustees prepare for buy-in. Think complex recalculations, building models, data assessments.
More on the role
- Pension benefit calculations
- Ensure compliance with scheme rules and legislation
- Identifying and resolving discrepancies in pension data and calculations
- Building Excel-based models
More on the individual
- Can be from an actuarial or admin background, but experience must be technical and actuarial in nature
- Strong individual calculation experience (retirement from deferred calculation)
- DB pensions knowledge
- BPA experience is a bonus
So, if you are a technical individual, either in the admin space or an actuarial exam candidate, get in touch for more info. M: 07458 161817
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Finance, Analyst, and Project Management
Industries
- Financial Services, Pension Funds, and Insurance and Employee Benefit Funds
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Insurance Data Actuary, Consultant employer: BWD Search & Selection
Contact Detail:
BWD Search & Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Data Actuary, Consultant
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for those interviews! Research the company and their clients, especially in the pension sector. Be ready to discuss your technical skills and how they can help solve real-world problems for clients. Show them you’re the right fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people. Don’t miss out!
We think you need these skills to ace Insurance Data Actuary, Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your technical skills and experience relevant to the role. We want to see how your background in actuarial or admin work aligns with the needs of our team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Insurance Data Actuary, Consultant position. Don’t forget to mention any specific projects or experiences that showcase your analytical abilities.
Showcase Your Technical Skills: Since this role is primarily technical, be sure to emphasise your experience with data assessments, pension calculations, and Excel-based modelling. We love seeing candidates who can demonstrate their problem-solving skills!
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 don’t miss out on any important updates from our team!
How to prepare for a job interview at BWD Search & Selection
✨Know Your Numbers
As an Insurance Data Actuary, you'll be dealing with complex calculations and data assessments. Brush up on your technical skills, especially around pension benefit calculations and Excel-based modelling. Be ready to discuss specific examples of how you've tackled similar tasks in the past.
✨Understand the Client's Needs
Since this role involves client interaction, it's crucial to understand the insurance clients' challenges. Research common issues they face and think about how your skills can provide solutions. This will show that you're not just technically proficient but also client-focused.
✨Prepare for Technical Questions
Expect to be asked about your experience with DB pensions and any relevant actuarial knowledge. Prepare to explain your thought process when resolving discrepancies in pension data. Practising these scenarios can help you articulate your expertise clearly during the interview.
✨Show Your Team Spirit
Even though this is a technical role, teamwork is key. Be prepared to discuss how you've collaborated with others in previous roles, especially in high-pressure situations. Highlighting your ability to work well within a team will demonstrate that you can contribute positively to the expanding specialist team.