Senior Capital Modelling Actuary – Hybrid Role & Benefits

Senior Capital Modelling Actuary – Hybrid Role & Benefits

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Chaucer Group

At a Glance

  • Tasks: Provide risk and capital analysis for managed Lloyd's syndicates and present findings to senior management.
  • Company: Chaucer Group, a leading insurer in the Lloyd's market.
  • Benefits: Hybrid working model, competitive salary, and comprehensive benefits package.
  • Other info: Opportunity for professional growth in a supportive environment.
  • Why this job: Join a dynamic team and make a significant impact in the insurance industry.
  • Qualifications: Experience in actuarial roles with strong analytical and presentation skills.

The predicted salary is between 60000 - 80000 £ per year.

Chaucer Group, a leading Lloyd's insurer, is seeking an experienced Actuary to provide risk and capital analysis for its managed Lloyd's syndicates.

You will deliver the SCR and contribute to the internal model, develop MI, and present results to senior management and regulators.

You will assist in model parameterisation, Igloo coding, validation, and maintain internal model documentation in line with Solvency II and UK standards.

#J-18808-Ljbffr

Senior Capital Modelling Actuary – Hybrid Role & Benefits employer: Chaucer Group

Chaucer is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation and strategic thinking are at the forefront of our operations. We prioritise employee growth through mentorship and development opportunities within our Transport Logistics team, fostering a culture of collaboration and excellence. With a commitment to maintaining strong relationships with clients and brokers globally, we provide our employees with unique exposure to diverse markets and the chance to lead in a specialist insurance sector.

Chaucer Group

Contact Details:

Chaucer Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Capital Modelling Actuary – Hybrid Role & Benefits

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Chaucer Group). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Chaucer Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Senior Capital Modelling Actuary – Hybrid Role & Benefits

Risk Analysis
Capital Modelling
SCR Calculation
Internal Model Development
Management Information (MI) Development
Presentation Skills
Model Parameterisation

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Chaucer Group.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Chaucer Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Chaucer Group

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Chaucer Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Chaucer Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Chaucer Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.