At a Glance
- Tasks: Identify, measure, and manage risk across the organisation while ensuring effective communication.
- Company: Dynamic insurance firm focused on innovative risk management solutions.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with opportunities to lead and mentor junior staff.
- Why this job: Join a forward-thinking team and make a real impact in risk management.
- Qualifications: Qualified actuary with experience in risk disciplines and strong project management skills.
The predicted salary is between 60000 - 80000 € per year.
Requirements
- Qualified actuary or equivalent experience/qualification
- Understanding of Solvency II/Solvency UK regulations and Lloyd's expectations
- Track record of success in an insurance or consultancy organisation, applying rigorous risk disciplines with high standards of delivery in a timely, cost-effective way. Ideally, demonstrating ability to manage risk in a dynamic, technologically focused organisation
- Knowledge of actuarial techniques and disciplines as well as a grasp of the commercial drivers and dynamics affecting the insurance sector
- Proven ability to build relationships with various stakeholders across the organisation and strong influencing and project management skills
- Business awareness and a high level of commercial understanding
- Experience of managing more junior members of staff
What the job involves
- Work closely with all divisions of Ki to identify, measure, and manage the organization's exposure to risk, ensuring effective communication of this information to management and the Board in line with the Risk Management Framework
- Deliver the validation of the Internal Model, conduct the Own Risk and Solvency Assessment, and meet other relevant requirements under Solvency II, Solvency UK, and Lloyd's regulations
- Provide analytical support to aid in the development and execution of Ki's strategy, with a strong focus on risk assessment and quantitative analysis
- Work with the Head of Risk to develop and embed fit-for-purpose enterprise-wide risk management (ERM) capabilities within the organisation in line with the requirements of the Risk Management Framework approved by the Board
- Calculate risk metrics and support the reporting of breaches to the Boards, Risk Committees and Executive Management Team
- Manage the delivery of reports to the Risk Committees, Executive Management Team, Boards and regulators as and when required and to a sufficient quality standard
- Work with the Head of Risk to manage the delivery of the Own Risk and Solvency Assessment (ORSA) including risk appetite setting, annual ORSA report, business plan reviews, stress and scenario testing (including reverse stress testing) and analysis of emerging risks
- Manage the Internal Model validation process and production of validation report
- Carry out analysis of the Group's underwriting portfolio and outwards reinsurance programme in order to support the development of the Group's underwriting strategy
- Carry out thematic reviews across the business including use of technology and underwriting algorithm
- Provide quantitative analysis in support of other strategic projects
- Establish & maintain effective working relationships with other business departments (e.g. underwriting, operations, technology, actuarial, finance)
- Management of ERM Analysts, including recruitment, performance reviews and employee relations
Senior Risk Actuary in London employer: Deepstreamtech
At Ki, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Senior Risk Actuary, you will benefit from our commitment to employee growth through continuous professional development opportunities, while working in a dynamic environment that values your expertise in risk management. Located in a vibrant area, we offer a supportive atmosphere where your contributions are recognised, and you can make a meaningful impact on our strategic direction.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Actuary in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with Solvency II and risk management. Use specific examples from your past roles to demonstrate how you've successfully managed risk and delivered results.
✨Tailor Your Approach
Every company is different, so do your homework! Understand Ki’s culture and values, and tailor your conversations to show how your skills align with their needs. This will help you stand out as a candidate who truly gets what they’re about.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team at StudySmarter.
We think you need these skills to ace Senior Risk Actuary in London
Some tips for your application 🫡
Show Off Your Qualifications:Make sure to highlight your qualifications as a qualified actuary or equivalent experience. We want to see how your background aligns with the requirements, especially your understanding of Solvency II and Lloyd's expectations.
Demonstrate Your Experience:Share specific examples from your track record in insurance or consultancy. We love seeing how you've applied rigorous risk disciplines and delivered results in a timely and cost-effective manner.
Highlight Your Relationship-Building Skills:We value strong relationships across the organisation, so don’t forget to mention your ability to build rapport with stakeholders. Show us how your influencing and project management skills have made a difference in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at Deepstreamtech
✨Know Your Regulations
Make sure you brush up on Solvency II and Solvency UK regulations. Being able to discuss these confidently will show that you understand the framework within which the company operates, and it’ll demonstrate your expertise in risk management.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've applied actuarial techniques in previous roles. Highlight any quantitative analysis you've conducted and how it influenced decision-making. This will help illustrate your ability to provide analytical support for strategic projects.
✨Build Relationships
Think about how you've successfully built relationships with stakeholders in the past. Be ready to share examples of how you’ve influenced others and managed projects. This will show that you can effectively communicate and collaborate across different departments.
✨Demonstrate Leadership Experience
If you've managed junior staff before, prepare to talk about your approach to leadership. Discuss how you’ve supported their development and handled performance reviews. This will highlight your capability to manage a team and contribute to the growth of the organisation.
