At a Glance
- Tasks: Manage and develop the internal capital model, ensuring data accuracy and documentation.
- Company: Join a leading commercial lines insurer with a strong reputation in the industry.
- Benefits: Enjoy competitive perks and the chance to work closely with senior leadership.
- Why this job: Be part of a high-impact role that influences risk management and business opportunities.
- Qualifications: Ideal for those with actuarial skills and experience in capital modelling.
- Other info: Contact onar.cranny@eamesconsulting.com for more details.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
A market leading Insurer is looking for a Capital Actuary to join their team.
You will be responsible for maintaining the group’s capital model, ensuring it continually reflects the evolving risk profile. You will also use the model to respond to business‑driven queries and support wider risk‑management requirements.
The ideal candidate will be nearly or newly qualified and keen to continue with exams. Several years of experience in capital modelling is essential, along with familiarity with SQL.
Strong commercial awareness is important, as is the ability to communicate findings effectively to senior stakeholders.
The role requires 3 days a week in office and is offering up to £100,000.
Please reach out to niamh.carabine@eamesconsulting.com
Contact Detail:
Eames Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Actuary
✨Tip Number 1
Familiarise yourself with the latest developments in capital modelling and risk management. This will not only help you understand the internal model better but also demonstrate your commitment to staying updated in this fast-evolving field.
✨Tip Number 2
Network with professionals in the insurance and actuarial sectors. Attend industry events or webinars where you can meet people who work in similar roles, as they might provide insights or even referrals that could give you an edge.
✨Tip Number 3
Prepare to discuss how you would approach embedding the internal model into the wider risk management strategy. Think about specific examples from your past experience that showcase your ability to integrate models into business processes.
✨Tip Number 4
Research the company’s current risk management strategies and any recent changes in their operations. Being knowledgeable about their practices will allow you to tailor your discussions during interviews and show that you are genuinely interested in contributing to their success.
We think you need these skills to ace Capital Actuary
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Capital Actuary position. Familiarise yourself with the responsibilities, such as overseeing the internal capital model and its integration into risk management strategies.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with internal models, data analysis, and any previous roles in risk management. Use specific examples to demonstrate your skills and how they align with the job requirements.
Tailor Your Application: Customise your application materials to reflect the key competencies mentioned in the job description. Use keywords from the listing to ensure your application resonates with the hiring team.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role like this.
How to prepare for a job interview at Eames Consulting
✨Understand the Internal Capital Model
Make sure you have a solid grasp of how internal capital models work, especially in the context of commercial lines insurance. Be prepared to discuss your experience with model development and data management, as this will be crucial for the role.
✨Showcase Your Analytical Skills
As a Capital Actuary, strong analytical skills are essential. Prepare examples from your past work where you've successfully analysed complex data sets or contributed to risk management strategies. This will demonstrate your capability to handle the responsibilities of the position.
✨Familiarise Yourself with Risk Management Strategies
Since this role involves embedding the internal model into the wider risk management strategy, it’s important to understand various risk management frameworks. Be ready to discuss how you can contribute to identifying new opportunities for model use across the business.
✨Prepare for Senior Leadership Interaction
Given the exposure to senior leadership, practice articulating your thoughts clearly and confidently. Think about how you can effectively communicate complex actuarial concepts to non-technical stakeholders, as this will be key in your interactions.