At a Glance
- Tasks: Join a dynamic team to enhance capital modelling and risk management strategies.
- Company: Established specialist insurer with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with exposure to senior stakeholders and strategic initiatives.
- Why this job: Make a real impact in the insurance sector while developing your actuarial skills.
- Qualifications: Qualified actuary with experience in capital modelling or risk management.
The predicted salary is between 59400 - 72600 £ per year.
HT1310_1791908856An established specialist insurer is seeking a qualified actuary to join its capital modelling team.
This role offers broad exposure across regulatory capital, internal model development, risk management and strategic business planning.
You will take ownership of key elements of the regulatory capital calculation process, producing and reviewing submissions for relevant regulators and market bodies.
You will support model validation, governance and change activity, alongside liquidity testing, management capital assessments, rating agency requirements and collateral calculations.
You will use actuarial judgement to challenge assumptions, interpret outputs and communicate meaningful insights to senior stakeholders, committees and regulators.
The position involves close collaboration with actuarial, risk, finance and underwriting teams.
You will also help improve modelling processes, controls and reporting while supporting strategic initiatives relating to capital management, reinsurance, risk appetite and portfolio optimisation.
The successful candidate will be a qualified actuary with insurance-sector experience, ideally gained in capital modelling or risk.
You will possess strong analytical and technical capabilities, a sound understanding of capital models and advanced modelling and data-analysis skills.
Strong commercial awareness, effective workload management and the confidence to present well-supported conclusions and recommendations are also essential.
Development Actuary in London employer: Eames Consulting Group
Join a dynamic and innovative insurer as an Actuarial Reporting Manager, where you'll have the chance to influence key business decisions and enhance reporting processes in a supportive and collaborative culture. With a flexible hybrid working environment and opportunities for professional growth, this role offers a unique blend of technical and commercial challenges, allowing you to make a meaningful impact while mentoring junior team members.
StudySmarter Expert Advice🤫
We think this is how you could land Development Actuary in London
✨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 Eames Consulting 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 Eames Consulting 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 Development Actuary in London
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 Eames Consulting Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Eames Consulting 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 Eames Consulting 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 Eames Consulting 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 Eames Consulting 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 Eames Consulting 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.
