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For Companies At a Glance
- Tasks: Conduct assessments of actuarial reserves and collaborate with stakeholders to optimise insurance portfolios.
- Company: Leading insurance firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Degree in a technical field and qualified actuary with reserving experience.
- Other info: Exciting environment with strong emphasis on collaboration and growth.
The predicted salary is between 43200 - 72000 £ per year.
Overview
Key Duties (Including but not limited to):
- Conduct quarterly assessments of in-house actuarial reserve indications on both an ultimate basis and an earned basis, ensuring results are clearly and appropriately presented throughout the business.
- Conduct quarterly assessments of the Solvency II Technical Provisions and ensure outputs are communicated effectively.
- Lead and coordinate the parameterisation and validation of Reserve Risk for the capital model.
- Collaborate effectively with both external and internal stakeholders – including actuaries, underwriters, portfolio managers and finance teams to perform analyses and optimise portfolios of insurance risks.
Qualifications required:
- University degree within a technical field (i.e., Science, Mathematics, Engineering).
- Qualified actuary.
Experience required:
- Reserving experience, preferably in the Lloyd’s or London Market.
- Data manipulation and technical modelling skills.
- Strong Excel skills.
- Experience of UK and/or US GAAP reporting would be beneficial.
Reserving Actuary – 29398 in London employer: Emerald Group Ltd
Contact Detail:
Emerald Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuary – 29398 in London
✨Tip Number 1
Network like a pro! Reach out to fellow actuaries, underwriters, and finance folks on LinkedIn. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Be ready to discuss your experience with reserve indications and Solvency II Technical Provisions. We want to see you shine!
✨Tip Number 3
Showcase your collaboration skills! Think of examples where you've worked with different teams to optimise insurance portfolios. We love seeing teamwork in action!
✨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 on the lookout for passionate candidates like you!
We think you need these skills to ace Reserving Actuary – 29398 in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your reserving experience and technical skills. We want to see how your background aligns with the key duties mentioned in the job description, so don’t hold back on showcasing your relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Reserving Actuary role. Mention your experience with Solvency II Technical Provisions and how you’ve collaborated with stakeholders in the past.
Show Off Your Technical Skills: Since strong Excel skills are a must, consider including specific examples of how you've used data manipulation and technical modelling in your previous roles. We love seeing those skills in action!
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. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Emerald Group Ltd
✨Know Your Numbers
As a Reserving Actuary, you'll be dealing with complex data and calculations. Brush up on your technical modelling skills and be ready to discuss specific examples of how you've conducted reserve assessments in the past. Make sure you can explain your thought process clearly.
✨Communicate Clearly
Since collaboration is key in this role, practice explaining your analyses in simple terms. Be prepared to discuss how you've effectively communicated results to both technical and non-technical stakeholders. This will show that you can bridge the gap between different teams.
✨Showcase Your Experience
Highlight your reserving experience, especially if it's within the Lloyd’s or London Market. Be ready to share specific projects or challenges you've faced and how you overcame them. This will demonstrate your expertise and fit for the role.
✨Excel at Excel
Strong Excel skills are a must for this position. Before the interview, review advanced Excel functions and be prepared to discuss how you've used them in your previous roles. If possible, bring examples of your work to showcase your proficiency.
