Senior Quant Risk Actuary | 2nd Line Oversight (Hybrid)

Senior Quant Risk Actuary | 2nd Line Oversight (Hybrid)

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

At a Glance

  • Tasks: Deliver quantitative oversight on model validation and financial market risks.
  • Company: Chaucer Group, a leader in risk management with a diverse culture.
  • Benefits: Flexible hybrid work, non-contributory benefits, and a supportive environment.
  • Other info: Opportunity for growth in a dynamic and inclusive workplace.
  • Why this job: Join a pivotal role ensuring regulatory compliance and making a real impact.
  • Qualifications: Fully qualified actuary with hands-on experience in model validation.

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

Chaucer Group in Greater London is seeking a Senior Quantitative Risk Actuary.

This pivotal role involves delivering quantitative oversight regarding model validation, financial market and credit risks, ensuring strong regulatory compliance aligned with Solvency II and Lloyd's standards.

The successful candidate will be a fully qualified actuary with proven hands-on experience in model validation and risk assessment.

A flexible hybrid work model, non-contributory benefits, and a diverse culture are offered.

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Chaucer Group

Contact Details:

Chaucer Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Quant Risk Actuary | 2nd Line Oversight (Hybrid)

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 Quant Risk Actuary | 2nd Line Oversight (Hybrid)

Quantitative Risk Assessment
Model Validation
Regulatory Compliance
Solvency II Standards
Lloyd's Standards
Actuarial Expertise
Financial Market Risk Analysis

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.