At a Glance
- Tasks: Analyse and explain actuarial results, support business planning, and improve reporting processes.
- Company: Leading international life reinsurer with a focus on retirement solutions.
- Benefits: Gain exposure to senior stakeholders and diverse actuarial functions in a growing team.
- Other info: Fast-paced role with opportunities for professional growth and development.
- Why this job: Broaden your actuarial skills while impacting real business decisions in a dynamic environment.
- Qualifications: Nearly or newly qualified actuary with strong analytical and communication skills.
The predicted salary is between 49500 - 60500 £ per year.
I'm working with a leading international life reinsurer looking to hire a nearly or newly qualified actuary into a growing Retirement Solutions team. This is a broad actuarial role sitting close to both new business and the in-force portfolio, with exposure to reporting, business planning, transaction onboarding, capital analysis, management information and process improvement. It would suit someone who enjoys understanding the story behind the numbers, working across different reporting bases, and communicating clear insights to senior stakeholders. The team supports a fast-growing retirement reinsurance portfolio, with work covering both the asset and liability side of the balance sheet. You would work closely with actuarial, finance, operations, pricing, systems and client-facing teams.
Key responsibilities
- Preparing, analysing and explaining quarterly actuarial results across multiple reporting bases
- Supporting forecasting, business planning, MI production, data checks and portfolio analysis
- Helping with new business onboarding and in-force management initiatives
- Supporting regulatory and capital-related reporting requirements
- Improving processes, controls and reporting efficiency as the portfolio continues to grow
- Working closely with stakeholders across actuarial, finance, operations, pricing and client solutions
Ideal background
- Nearly or newly qualified actuary
- Life insurance or life reinsurance experience, ideally with some reporting, valuation, capital, pricing or BPA / retirement exposure
- Strong analytical and problem-solving skills
- Good understanding of actuarial valuation principles and controls
- Experience improving processes, models or reporting workflows
- Comfortable working with data, MI and technical analysis
- Strong communicator who can explain results clearly to non-technical stakeholders
- Able to manage varied work and deadlines in a fast-moving environment
- Exposure to US reporting, Bermuda reporting, economic capital or funded reinsurance would be useful, but is not essential.
Why consider it?
This is a good opportunity for someone who wants a broader role than pure reporting. You will get exposure to a growing retirement reinsurance portfolio, senior stakeholders, new business, in-force management and balance sheet analysis, while developing a deeper understanding of how actuarial results link to commercial decision-making.
Analytics Actuary - Life Reinsurance in Dover employer: Goodman Masson
Goodman Masson is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Payroll Manager in London, you will benefit from a competitive salary and bonus structure, alongside ample opportunities for professional growth within a thriving restaurant business that values its employees and encourages career advancement through its ongoing expansion.
StudySmarter Expert Advice🤫
We think this is how you could land Analytics Actuary - Life Reinsurance in Dover
✨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 Goodman Masson). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
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✨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 Goodman Masson. 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 Analytics Actuary - Life Reinsurance in Dover
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 Goodman Masson.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Goodman Masson. 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 Goodman Masson
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Goodman Masson 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 Goodman Masson, 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 Goodman Masson'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.
