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- Tasks: Oversee model risks and ensure compliance with Solvency II regulations.
- Company: Leading insurance provider in Greater London with a focus on employee development.
- Benefits: Comprehensive benefits package and a collaborative workplace culture.
- Why this job: Join a dynamic team and make a real impact in the life insurance industry.
- Qualifications: Strong technical knowledge in life insurance and excellent communication skills.
The predicted salary is between 43200 - 72000 £ per year.
A leading insurance provider in Greater London seeks a Model Oversight Team member. The role involves overseeing model risks, ensuring compliance with Solvency II regulations, and performing independent validations of models.
Candidates should have strong technical knowledge in the life insurance industry, report writing skills, and good communication abilities.
The position offers a comprehensive benefits package and a collaborative workplace culture that is committed to employee development.
Senior Actuary - Model Risk Oversight & Validation in London employer: Canada Life
Contact Detail:
Canada Life Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuary - Model Risk Oversight & Validation in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the insurance industry, especially those working in model risk oversight. A friendly chat can lead to valuable insights and even job referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss Solvency II regulations and how they impact model validation. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Practice your report writing skills! You might be asked to present findings or write up validations during the interview process. Show us that you can communicate complex ideas clearly and effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Senior Actuary - Model Risk Oversight & Validation in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in model risk oversight and validation. We want to see how your skills align with the requirements of the role, so don’t be shy about showcasing your technical knowledge in the life insurance industry!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our Model Oversight Team. We love seeing candidates who can communicate their passion for compliance with Solvency II regulations and their approach to independent validations.
Showcase Your Report Writing Skills: Since report writing is key for this role, include examples of reports or analyses you've completed in the past. We appreciate clarity and precision, so make sure your writing reflects that – it’s all about making a strong impression!
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 collaborative workplace culture!
How to prepare for a job interview at Canada Life
✨Know Your Models Inside Out
Make sure you have a solid understanding of the models you'll be overseeing. Brush up on your technical knowledge in the life insurance industry, especially around Solvency II regulations. Being able to discuss specific models and their risks will show that you're not just familiar with the theory but can apply it practically.
✨Prepare for Technical Questions
Expect to face some challenging technical questions during the interview. Review common model validation techniques and be ready to explain how you would approach risk oversight. Practising these scenarios can help you articulate your thought process clearly and confidently.
✨Showcase Your Report Writing Skills
Since report writing is key for this role, prepare examples of reports you've written in the past. Be ready to discuss how you structure your reports, the types of data you include, and how you ensure clarity and compliance. This will demonstrate your ability to communicate complex information effectively.
✨Emphasise Team Collaboration
This position values a collaborative workplace culture, so highlight your experience working in teams. Share examples of how you've successfully collaborated with others to achieve goals or solve problems. This will show that you’re not just a technical expert but also a team player who fits well into their culture.
