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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 report writing skills.
- Other info: Great opportunity for career growth in a supportive environment.
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 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
✨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
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, especially 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 passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your report writing skills and communication abilities.
Showcase Your Compliance Knowledge: Since compliance with Solvency II regulations is key for this position, make sure to include any relevant experience or training you have in this area. We love candidates who can demonstrate their understanding of regulatory frameworks.
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 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 the technical aspects and be ready to discuss how they align with Solvency II regulations. This will show your expertise and confidence in the subject matter.
✨Prepare for Scenario Questions
Expect questions that ask you to evaluate model risks or suggest improvements. Think of real-life examples from your experience where you've successfully identified and mitigated risks. This will demonstrate your practical knowledge and problem-solving skills.
✨Showcase Your Communication Skills
Since the role requires good communication abilities, practice explaining complex actuarial concepts in simple terms. You might be asked to present findings or write reports, so being able to convey your thoughts clearly is crucial.
✨Emphasise Team Collaboration
The job involves working in a collaborative environment, so be prepared to discuss how you've worked effectively in teams before. Share examples of how you contributed to team success and supported colleagues in achieving common goals.
