At a Glance
- Tasks: Assist with reserving analyses and support regulatory reporting in non-life insurance.
- Company: Dynamic insurance firm focused on innovation and growth.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional development.
- Other info: Collaborative environment with excellent career progression opportunities.
- Why this job: Join a team where your analytical skills can drive real change in the insurance industry.
- Qualifications: Part-qualified actuary with experience in non-life insurance and strong analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
Key Responsibilities
- Assist with quarterly and annual reserving analyses across multiple non-life business lines
- Support regulatory and financial reporting, including Solvency II requirements
- Contribute to the calculation and validation of best estimate reserves
- Assist in the development and maintenance of the internal capital model
- Perform stress testing, scenario analysis, and sensitivity testing
- Provide actuarial insights to underwriting, claims, and finance teams
- Support pricing reviews, profitability analysis, and business planning
- Help improve actuarial models, tools, and processes, including automation initiatives
Skills & Experience
- Part-qualified actuary (or equivalent)
- Experience in non-life insurance, ideally within the London market
- Exposure to reserving and capital modelling
- Strong analytical skills with proficiency in Excel and programming tools (e.g. R, Python, SQL)
- Understanding of regulatory frameworks such as Solvency II
- Good communication and stakeholder engagement skills
Reserving/Capital Actuarial Analyst employer: Edenbrook
Contact Detail:
Edenbrook Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving/Capital Actuarial Analyst
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field, especially those working in non-life insurance. Use platforms like LinkedIn to connect and engage with them; you never know who might have a lead on your dream job!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you're comfortable discussing reserving analyses and capital modelling. Practise explaining complex concepts in simple terms – it shows you can communicate effectively with stakeholders.
✨Tip Number 3
Showcase your analytical prowess! Bring examples of your work with Excel, R, or Python to the table during interviews. Demonstrating your experience with stress testing and scenario analysis can really set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining our team. Plus, it gives us a chance to see your enthusiasm right from the start!
We think you need these skills to ace Reserving/Capital Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your part-qualified actuary status and any relevant experience in non-life insurance to catch our eye!
Showcase Your Analytical Skills: We love seeing strong analytical skills! Include examples of how you've used Excel, R, Python, or SQL in your previous roles. This will help us understand your technical capabilities.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate straightforward communication, so avoid jargon and make your points easy to understand.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Edenbrook
✨Know Your Numbers
Brush up on your knowledge of reserving and capital modelling. Be ready to discuss specific examples from your experience, especially in non-life insurance. This will show that you understand the technical aspects of the role and can contribute effectively.
✨Master the Regulatory Frameworks
Familiarise yourself with Solvency II requirements and any other relevant regulations. Being able to articulate how these frameworks impact actuarial work will impress your interviewers and demonstrate your readiness for the role.
✨Show Off Your Analytical Skills
Prepare to showcase your analytical skills, particularly with Excel and programming tools like R, Python, or SQL. Consider bringing along a portfolio of your work or examples of projects where you've used these skills to solve problems or improve processes.
✨Engage and Communicate
Practice your communication skills, as you'll need to engage with various stakeholders. Think about how you can explain complex actuarial concepts in simple terms. This will highlight your ability to collaborate with underwriting, claims, and finance teams effectively.