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- Tasks: Join the Risk team as a Capital Actuary, managing internal models and reporting on risks.
- Company: A leading global insurance provider in the dynamic London Market.
- Benefits: Enjoy a hybrid work model with three days in the office and flexible options.
- Why this job: Gain exposure to diverse risks while working in a collaborative and innovative environment.
- Qualifications: Nearly/newly qualified candidates with 5 years in GI disciplines and strong communication skills.
- Other info: Experience with Igloo is preferred; reach out for more details!
The predicted salary is between 43200 - 72000 £ per year.
We are currently working with a global insurance provider operating in the London Market. They are looking for a Capital Actuary to join their Risk team. You will be reporting into the Head of Capital with exposure to both sides of the balance sheet including investment, claims, underwriting and other types of risk.
You are required to understand and operate the internal model day to day, as well as provide accurate qualitative and quantitative reports. Previous experience working with Igloo is preferred.
We are looking to speak with nearly/newly qualified candidates with excellent communication skills. Ideally looking for candidates with 5 years’ experience in any GI discipline including 3+ in Capital modelling.
The role is hybrid and requires 3 days a week in the London office.
Contact Detail:
Eames Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Actuary
✨Tip Number 1
Network with professionals in the insurance and actuarial fields, especially those who work in the London Market. Attend industry events or webinars to connect with potential colleagues and learn more about the role of a Capital Actuary.
✨Tip Number 2
Familiarise yourself with the internal model used by the company, particularly if you have experience with Igloo. Understanding how this model operates will give you an edge during interviews and discussions with the hiring team.
✨Tip Number 3
Brush up on your communication skills, as this role requires excellent verbal and written abilities. Practice explaining complex actuarial concepts in simple terms, which will be beneficial when discussing reports and findings with non-technical stakeholders.
✨Tip Number 4
Research the company’s recent projects and initiatives in risk management. Being knowledgeable about their current focus areas will help you demonstrate your genuine interest in the role and how you can contribute to their goals.
We think you need these skills to ace Capital Actuary
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the specific requirements for the Capital Actuary position. Highlight key skills such as experience with Igloo, capital modelling, and communication skills in your application.
Tailor Your CV: Customise your CV to reflect your relevant experience in general insurance and capital modelling. Emphasise your qualifications and any specific projects or roles that align with the responsibilities mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your experience in the London Market and how your skills can contribute to the Risk team. Be sure to address your understanding of both sides of the balance sheet.
Proofread Your Application: Before submitting, thoroughly proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial for an actuary.
How to prepare for a job interview at Eames Consulting
✨Know Your Numbers
As a Capital Actuary, you'll be dealing with complex quantitative data. Brush up on your numerical skills and be prepared to discuss how you've used data in previous roles, especially in capital modelling.
✨Understand the Internal Model
Familiarise yourself with the internal model used by the company. Be ready to explain how you would operate it day-to-day and provide insights into its impact on risk assessment and reporting.
✨Communicate Clearly
Excellent communication skills are essential for this role. Practice explaining complex actuarial concepts in simple terms, as you may need to present findings to non-technical stakeholders.
✨Research the Company
Take the time to understand the global insurance provider's position in the London Market. Knowing their products, services, and recent developments will show your genuine interest and help you tailor your responses during the interview.