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For Companies At a Glance
- Tasks: Develop market-leading assumptions and build innovative models for pricing.
- Company: Join a leading actuarial firm with a focus on collaboration and innovation.
- Benefits: Competitive salary, professional development, and opportunities for research engagement.
- Why this job: Make a real impact in the life insurance industry while working with cutting-edge data.
- Qualifications: Nearly qualified or qualified actuary with programming skills and market understanding.
- Other info: Dynamic role with excellent career growth and collaboration with academic partners.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Key Duties (Including but not limited to):
- Contribute to the development of market-leading assumptions by sourcing data, building models, and bringing innovative approaches to assumption setting.
- Provide robust challenge to assumptions and approaches adopted by Pricing.
- Build effective working relationships with stakeholders across the company, to support alignment and understanding of technical recommendations.
- Support actuarial research initiatives, including contributing to internal analysis, thought-leadership work, and engagement with academic partners.
Qualifications required:
- Nearly qualified or qualified Fellow of the Institute or Faculty of Actuaries or Society of Actuaries or other similar organisation.
Experience required:
- An understanding of one or more of the markets they operate in (Longevity or Protection reinsurance).
- Familiarity of experience studies, trend modelling, and pricing within the life insurance industry (including reinsurers, insurers and consultancy).
- Competent in using programming languages (e.g. SQL, R or Tyche).
Actuary, Assumption Development, R&D – 29068 in London employer: Emerald Group Ltd.
Contact Detail:
Emerald Group Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuary, Assumption Development, R&D – 29068 in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field through LinkedIn or industry events. Building connections can lead to insider info on job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of market trends. We recommend practising common actuarial interview questions and showcasing your problem-solving abilities.
✨Tip Number 3
Showcase your innovative side! When discussing your experience, highlight any unique approaches you've taken in assumption setting or modelling. Employers love candidates who think outside the box.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals who are ready to make an impact in the actuarial world.
We think you need these skills to ace Actuary, Assumption Development, R&D – 29068 in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your familiarity with experience studies and trend modelling, as well as any programming languages you’re proficient in.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about the role and how your background aligns with our needs. Don’t forget to mention your understanding of the longevity or protection reinsurance markets!
Showcase Your Problem-Solving Skills: In your application, give examples of how you've contributed to innovative approaches in assumption setting or pricing. We love seeing candidates who can bring fresh ideas to the table!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Emerald Group Ltd.
✨Know Your Numbers
As an actuary, you'll be expected to have a solid grasp of data and models. Brush up on your experience with SQL, R, or Tyche before the interview. Be ready to discuss specific projects where you sourced data or built models, as this will show your practical skills.
✨Understand the Market
Familiarise yourself with the longevity and protection reinsurance markets. Research recent trends and challenges in these areas. This knowledge will not only help you answer questions but also demonstrate your genuine interest in the role and the company.
✨Build Relationships
Since the role involves working with various stakeholders, think about how you can showcase your relationship-building skills. Prepare examples of how you've collaborated with others in past roles, especially in technical discussions or projects that required alignment across teams.
✨Challenge Assumptions
Be prepared to discuss how you would approach challenging assumptions in pricing. Think of examples from your past work where you provided robust challenges to existing methods. This will highlight your critical thinking and innovative approach, which are key for this position.
