At a Glance
- Tasks: Lead the validation of internal models and advise on capital functions.
- Company: Join a top-tier P&C insurer making waves in the industry.
- Benefits: Enjoy competitive pay, professional growth opportunities, and a collaborative work environment.
- Why this job: Be part of a dynamic team that values innovation and challenges the status quo.
- Qualifications: Must have UK actuarial experience in non-life insurance and a strong validation background.
- Other info: Reach out for a confidential chat about this exciting opportunity!
The predicted salary is between 48000 - 72000 £ per year.
Job Description
Senior Validation Actuary
A leading P&C insurer is looking to bring on board a qualified actuary to work alongside the Director of Risk & Capital, taking ownership over aspects of the validation function.
You'll be responsible for the validation of the internal model and standard formula, advising the capital and actuarial functions on the direction of the models, and supporting with governance changes.
The ideal candidate has a strong capital or validation background, along with the ability to challenge key stakeholders across the business.
Candidates must have UK actuarial experience within non-life insurance.
For more information or a confidential conversation about any actuarial opportunities, please get in touch: sam.baker@eamesconsulting
Senior Validation Actuary employer: Eames Consulting
Contact Detail:
Eames Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Validation Actuary
✨Tip Number 1
Network with professionals in the insurance and actuarial fields. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in the UK non-life insurance sector. Being knowledgeable about current issues will allow you to engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 3
Prepare to discuss specific examples from your previous experience that showcase your validation skills and ability to challenge stakeholders. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Tip Number 4
Research the company’s internal model and any recent governance changes they’ve implemented. Showing that you’ve done your homework will impress the interviewers and highlight your genuine interest in the role.
We think you need these skills to ace Senior Validation Actuary
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Senior Validation Actuary position. Make sure you understand the responsibilities, required qualifications, and the skills needed to excel in this role.
Tailor Your CV: Customise your CV to highlight your relevant experience in capital or validation within non-life insurance. Emphasise any specific projects or achievements that demonstrate your ability to challenge stakeholders and contribute to governance changes.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your UK actuarial experience and how it aligns with the responsibilities of the position. Be sure to express your enthusiasm for working alongside the Director of Risk & Capital.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in the actuarial field.
How to prepare for a job interview at Eames Consulting
✨Understand the Validation Function
Make sure you have a solid grasp of what the validation function entails, especially in relation to internal models and standard formulas. Be prepared to discuss your previous experiences and how they relate to validating actuarial models.
✨Showcase Your Stakeholder Management Skills
Since the role involves challenging key stakeholders, think of examples where you've successfully navigated complex discussions or disagreements. Highlight your communication skills and ability to influence others positively.
✨Familiarise Yourself with Governance Changes
Research recent governance changes in the insurance sector, particularly those affecting capital and actuarial functions. Being knowledgeable about current trends will demonstrate your commitment to staying updated in the field.
✨Prepare for Technical Questions
Expect technical questions related to capital management and validation processes. Brush up on relevant actuarial concepts and be ready to explain your thought process clearly and confidently.