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- Tasks: Contribute to quarterly and annual deliverables while supporting the Actuarial Manager.
- Company: Dynamic actuarial consultancy with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Join a team making impactful decisions in the actuarial field and drive continuous improvement.
- Qualifications: Actuarial training and experience aligned with consultant and analyst expectations.
- Other info: Build relationships with senior colleagues and engage in exciting projects.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Key Duties (Including but not limited to):
- Contribute to all quarterly and annual deliverables.
- Support the Actuarial Manager in ensuring that the SII/UK and IFRS17 recommendations meet the required external standards and internal policies, and are booked accordingly with the relevant controls completed.
- Responsible for explaining the P&L and balance sheet impacts of this work.
- Solvency II technical provision data, assumptions, and calculations, for example: payment patterns, discounting, ENIDs, risk margin, reinsurance default, contract boundaries, reinsurance treaty costs, investment expenses, premium provisions, BBNI.
- Many IFRS17 items will be consistent to those for SII/UK (e.g. ENIDs, payment patterns), but there are other IFRS17 specific requirements under the accountability of this team such as: discounting and split between build/unwind/MYA, PAA eligibility tests, onerous contracts, risk adjustment, IFRS17 finance reconciliations, IFRS17 reporting, GMM requirements.
- Corporate Actuarial support for IFC and UK&I Projects (e.g. acquisitions, reinsurance, IFC strategic priorities, ad-hoc actuarial analysis, cost-benefit analyses).
Qualifications required:
- Appropriate actuarial training, qualification and experience commensurate to the expectations set out in duties for Consultants and Analysts.
Experience required:
- The job holder should possess a good understanding of the business area they are responsible for and wider industry hot topics.
- Credibility to operate in support of the UK Actuarial leaders, work as part of an effective team, and to drive continuous improvement.
- Relationship and trust building with senior actuarial colleagues and the business is paramount.
SII, IFRS17 & Projects Actuarial Consultant / Analyst – 28993 in London employer: Emerald Group Ltd
Contact Detail:
Emerald Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SII, IFRS17 & Projects Actuarial Consultant / Analyst – 28993 in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical knowledge. Make sure you can confidently discuss Solvency II, IFRS17, and any relevant projects you've worked on. We want to see you shine when it comes to explaining complex concepts!
✨Tip Number 3
Don’t forget to tailor your approach! Research the company’s recent projects and challenges in the actuarial space. This will help you demonstrate how your skills align with their needs during interviews.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our brand. Let’s get you that dream job!
We think you need these skills to ace SII, IFRS17 & Projects Actuarial Consultant / Analyst – 28993 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 actuarial training and any relevant projects you've worked on, especially those related to SII and IFRS17.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this role. Mention specific experiences that demonstrate your understanding of Solvency II and IFRS17, and how you can contribute to our team.
Showcase Your Analytical Skills: In your application, emphasise your analytical abilities and how you've used them in past roles. We want to see how you can explain complex P&L and balance sheet impacts clearly and effectively.
Apply Through Our Website: Don't forget 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. We can’t wait to hear from you!
How to prepare for a job interview at Emerald Group Ltd
✨Know Your Numbers
Make sure you brush up on your understanding of Solvency II and IFRS17. Be ready to discuss specific calculations, assumptions, and how they impact the P&L and balance sheet. This shows you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Experience
Prepare examples from your past work that demonstrate your experience with actuarial projects, especially those related to acquisitions or reinsurance. Highlight how you contributed to team success and drove improvements in processes.
✨Build Rapport
During the interview, focus on building a connection with your interviewers. Ask insightful questions about their team dynamics and how they approach challenges. This will show that you value collaboration and are keen to fit into their culture.
✨Stay Updated on Industry Trends
Familiarise yourself with current hot topics in the actuarial field. Being able to discuss these trends will demonstrate your commitment to continuous learning and your ability to contribute to strategic discussions within the team.
