Reserving Actuary - must be FIA in London

Reserving Actuary - must be FIA in London

London Full-Time 48000 - 72000 € / year (est.) No home office possible
Eames Consulting

At a Glance

  • Tasks: Join a dynamic team to analyse reserves and enhance processes.
  • Company: A leading insurer based in London, known for its innovative approach.
  • Benefits: Enjoy a hybrid work model with 3 days in the office and competitive perks.
  • Other info: Programming skills are a plus; commercial awareness will be assessed.
  • Why this job: Make an impact in a reputable company while developing your analytical skills.
  • Qualifications: Must be FIA qualified with at least 3 years of experience.

The predicted salary is between 48000 - 72000 € per year.

A leading insurer is looking to hire a Reserving Actuary to join their department in London. For this role you must be FIA Qualified or exam qualified.

For this role you will be supporting quarterly reviews of reserves, delivering SII TPS and related regulatory returns, leading ad-hoc deep dive portfolio analyses, and assisting with wider process enhancements to increase the efficiency of processes. They do 3 days a week in the office.

They are looking for someone with a minimum of 3 years' experience and strong analytical skills. Programming experience is advantageous. Commercial awareness will also be tested in the interview.

Reserving Actuary - must be FIA in London employer: Eames Consulting

Join a leading insurer in London that values its employees by fostering a collaborative work culture and offering flexible working arrangements, including three days a week in the office. With a strong focus on professional development, this company provides ample opportunities for growth and advancement, making it an excellent choice for those seeking a meaningful career as a Reserving Actuary. Enjoy the benefits of working in a dynamic environment where your analytical skills and commercial awareness will be nurtured and rewarded.

Eames Consulting

Contact Detail:

Eames Consulting Recruiting Team

hannah.turner@eamesconsulting.com

StudySmarter Expert Advice🀫

We think this is how you could land Reserving Actuary - must be FIA in London

✨Tip Number 1

Brush up on your technical skills, especially in programming. Familiarity with tools like R or Python can set you apart, as they are increasingly valuable in actuarial roles.

✨Tip Number 2

Stay updated on the latest regulatory changes and industry trends. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.

✨Tip Number 3

Prepare for commercial awareness questions by researching the company and its market position. Understanding their business model and recent developments can give you an edge during discussions.

✨Tip Number 4

Network with professionals in the actuarial field. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the role.

We think you need these skills to ace Reserving Actuary - must be FIA in London

FIA Qualification
Strong Analytical Skills
Experience in Reserving
Knowledge of Solvency II (SII)
Technical Proficiency in Programming
Commercial Awareness
Attention to Detail

Some tips for your application 🫑

Highlight Your Qualifications:Make sure to clearly state your FIA qualification or exam status in your CV and cover letter. This is a key requirement for the Reserving Actuary position, so don’t let it get buried in your application.

Showcase Relevant Experience:Detail your experience with reserve reviews, regulatory returns, and portfolio analyses. Use specific examples to demonstrate your analytical skills and how you've contributed to process enhancements in previous roles.

Demonstrate Commercial Awareness:Prepare to discuss your understanding of the insurance market and how it relates to the role. You might want to include insights or trends in your cover letter that show you’re up-to-date with industry developments.

Tailor Your Application:Customise your CV and cover letter for this specific role. Mention the programming skills you possess and how they can benefit the team, as well as your willingness to work in the office three days a week.

How to prepare for a job interview at Eames Consulting

✨Showcase Your FIA Qualification

Make sure to highlight your FIA qualification prominently during the interview. Be prepared to discuss how your training has equipped you with the necessary skills for the role, especially in relation to reserving and regulatory returns.

✨Demonstrate Analytical Skills

Since strong analytical skills are a must for this position, come prepared with examples of past projects where you've successfully analysed data or solved complex problems. This will help illustrate your capabilities to the interviewers.

✨Discuss Programming Experience

If you have programming experience, be ready to talk about it! Discuss any relevant tools or languages you've used and how they can enhance efficiency in the reserving process. This could set you apart from other candidates.

✨Understand Commercial Awareness

Brush up on your knowledge of the insurance market and current trends. Be prepared to discuss how commercial awareness impacts reserving and decision-making within the company. This shows that you’re not just technically skilled but also understand the business context.