At a Glance
- Tasks: Join a global insurance group to manage capital modelling and enterprise risk management.
- Company: Dynamic European branch of a leading global insurance company.
- Benefits: Competitive salary, exposure to senior management, and opportunities for professional growth.
- Other info: Creative actuaries will thrive in this collaborative and innovative environment.
- Why this job: Shape risk strategies and make impactful decisions in a high-profile role.
- Qualifications: Experience in capital modelling and strong analytical skills required.
The predicted salary is between 63000 - 77000 £ per year.
Reference: HT03011c_1793729605This is a high-profile opportunity to join the European business of a global insurance group in a role that spans capital modelling and ERM.
You'll sit within the risk function, which gives you access to every area of the organisation.
Unusually for an actuarial role, you'll focus equally on both sides of the balance sheet, with exposure to investment, claims, underwriting and every other type of risk.
The capital team's insights are highly valued, so you'll have visibility with the most senior management in Europe and across the wider group.
On the capital side, you'll be responsible for the day-to-day running of the internal model, including quarterly data updates, calibration, model changes, output reporting and documentation.
You'll support model validation, run the model change process and find new uses for the model in strategic decision making and risk monitoring.
Within ERM, you'll develop the stress and scenario framework, support the emerging risk process and the ORSA, and lead risk analysis across underwriting, reserving, credit and market risk.
You'll also carry out technical deep-dive reviews, provide input to committees and help build an integrated risk dashboard that shows capital, profitability, liquidity and franchise value under different macroeconomic scenarios.
You'll need capital modelling experience, solid knowledge of capital and risk processes under Solvency II or an equivalent regime, and an understanding of both non-life and life products.
Strong analytical skills and advanced Excel are essential, as is the ability to manage risks and issues across a diverse range of products and locations.
London market experience, Igloo and knowledge of reinsurance, reserving or pricing would all be a real advantage.
This is a great fit for a creative, self-motivated actuary who wants to shape how the model is used across the business.
For more information please do reach out via email at hannah. turner@eamesconsulting. com.
Eames Consulting is acting as an Employment Agency in relation to this vacancy.
Risk and Capital Actuary 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 Risk and Capital Actuary
✨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 Risk and Capital Actuary
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.
