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- Tasks: Provide actuarial advice and develop relationships with key stakeholders.
- Company: Join a leading multinational financial services firm with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Make a real impact by delivering crucial reserving advice and supporting business planning.
- Qualifications: Experience in actuarial functions, particularly in General Insurance Reserving.
- Other info: Dynamic team environment with opportunities to tackle complex challenges.
The predicted salary is between 36000 - 60000 £ per year.
Reporting to their Senior Reserving Manager, you’ll provide actuarial advice to the relevant business units, developing relationships with key stakeholders and ensuring technical quality of work undertaken. You’ll deliver quarterly reserving advice, input into business planning, reserve variability and business partnering to undertake deep dives into relevant segments of the portfolio, supporting Actuarial Manager as required.
Perform the forecasting of technical provisions, reserve margins and reserve uncertainties to support business analysis/MI for reports and accounts, business planning, profitability studies and commutations. Support senior team members in working through complexity and explaining key assumptions to stakeholders.
Experience required:
- You’ll have experience of working within the actuarial function in a multinational financial services business, ideally within General Insurance (GI) Reserving.
- Experience in discussions with wider business and stakeholder management skills.
- Experience in the use and interpretation of numerical data.
- Experience in Excel and other analytical tools.
- Ability to develop sophisticated models to address business needs.
Reserving Actuary – 28632 in Basingstoke employer: Emerald Group Ltd
Contact Detail:
Emerald Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuary – 28632 in Basingstoke
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. Building relationships can open doors and give you insights into job opportunities that might not be advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and soft skills. Be ready to discuss your experience with numerical data and how you've tackled complex problems in the past. Practice makes perfect!
✨Tip Number 3
Showcase your analytical skills! When discussing your previous work, highlight specific examples where you developed models or provided valuable insights that influenced business decisions. This will demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got a range of exciting opportunities waiting for you. Plus, it’s a great way to ensure your application gets seen by the right people in our team.
We think you need these skills to ace Reserving Actuary – 28632 in Basingstoke
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reserving Actuary role. Highlight your experience in actuarial functions, especially within General Insurance, and showcase any relevant projects or achievements that demonstrate your skills in stakeholder management and numerical data interpretation.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Don’t forget to mention your experience with forecasting technical provisions and how you can contribute to our team.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to highlight your proficiency in Excel and any other analytical tools you've used. Provide examples of how you've developed models or conducted analyses that have positively impacted business decisions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at Emerald Group Ltd
✨Know Your Numbers
As a Reserving Actuary, you'll be dealing with numerical data all the time. Brush up on your Excel skills and be ready to discuss how you've used analytical tools in past roles. Prepare examples of how you've interpreted data to make informed decisions.
✨Build Relationships
Stakeholder management is key in this role. Think about how you can demonstrate your ability to develop relationships with key stakeholders. Have a few anecdotes ready that showcase your communication skills and how you've successfully collaborated with others.
✨Understand the Business
Familiarise yourself with the company's business model and how reserving fits into their overall strategy. Be prepared to discuss how your actuarial advice can support business planning and profitability studies. Showing that you understand their specific needs will set you apart.
✨Prepare for Technical Questions
Expect to dive deep into technical aspects during the interview. Review your knowledge on forecasting technical provisions and reserve uncertainties. Be ready to explain your thought process and assumptions clearly, as this will demonstrate your expertise and confidence in handling complex topics.
