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, and a collaborative work environment.
- Why this job: Be part of a dynamic team influencing key business decisions and governance.
- Qualifications: Must have UK actuarial experience in non-life insurance and strong validation skills.
- 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 validation or capital 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 challenges and innovations will allow you to engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your ability to validate models and challenge stakeholders. Think of scenarios where you successfully influenced decisions or improved processes, as these will highlight your skills effectively.
✨Tip Number 4
Research the company’s recent projects and initiatives related to risk and capital management. Understanding their strategic goals will enable you to tailor your discussions and show how your background aligns with their needs.
We think you need these skills to ace Senior Validation Actuary
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Validation Actuary. Familiarise yourself with the validation function and the internal model used in the P&C insurance sector.
Tailor Your CV: Highlight your relevant UK actuarial experience within non-life insurance. Emphasise your background in capital or validation, and include specific examples of how you've challenged stakeholders in previous roles.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying. Discuss your experience in validation and how it aligns with the company's needs. Be sure to mention your ability to work alongside senior management.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Check for any spelling or grammatical errors, and ensure that your documents are clear and professional. A polished application reflects your attention to detail.
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 your actuarial knowledge and be ready to explain complex concepts clearly and concisely.