At a Glance
- Tasks: Join a technical pensions actuary team focusing on innovative projects and data analysis.
- Company: Leading insurance firm with a strong reputation in the industry.
- Benefits: Competitive salary, full-time role, and opportunities for career growth.
- Other info: Dynamic environment with potential for long-term career development.
- Why this job: Unique chance to work in a technical role without client-facing duties in a growing sector.
- Qualifications: Fundamental knowledge of defined benefit pensions and actuarial skills.
The predicted salary is between 48000 - 72000 £ per year.
Overview
We are working with a leading Insurer who are looking to hire a strong technical pensions actuary to join their expanding In-Force Actuarial team in London.
Usually senior positions in the pensions industry require more focus around client facing, business development work. However this position is an opportunity to join an expanding arm of an Insurer with a technical focus, which is relatively rare in the market. This role allows someone who isn't a de-risking expert to move into Insurance, as the key requirement is fundamental knowledge of db pensions.
Responsibilities
This team are technical actuaries who focus on the existing back-book of the business, and lead projects in the following remits:
- Scheme Transition work
- Longevity swap data cleansing
- Individual Calculations
You will work closely with the Pricing and transitions team and report into the Head of Pricing, who is extremely well thought of in the Insurance space.
If you are a technical actuary who is content without client facing responsibilities and looking for something different, this would be well suited to you. DB pensions is a changing landscape, and this opportunity allows a traditional pensions actuary to move into a growing arm of the industry without needing prior experience, broadening your career prospects longer term.
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Finance
Industries
- Insurance
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Senior Technical Pensions Actuary - Insurance firm employer: Edgworth Partners
Edgworth Partners offers an exceptional work environment for those passionate about the Energy and Power sector. With a focus on high-impact M&A transactions, employees benefit from direct client exposure and the chance to work alongside a lean, high-performing team in London. The company fosters a culture of growth and collaboration, providing ample opportunities for professional development and engagement in meaningful projects that drive the energy transition.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Technical Pensions Actuary - Insurance firm
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Edgworth Partners). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Edgworth Partners. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Technical Pensions Actuary - Insurance firm
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Edgworth Partners.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Edgworth Partners. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Edgworth Partners
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Edgworth Partners to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Edgworth Partners, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Edgworth Partners's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
