At a Glance
- Tasks: Lead a global team in innovative actuarial modelling and business transformation.
- Company: Join a leading global life reinsurer with a focus on collaboration and growth.
- Benefits: Strong pension, private medical insurance, 25 days leave, and life assurance.
- Other info: Opportunity to influence a developing global team and work with senior stakeholders.
- Why this job: Make a real impact in shaping the future of actuarial processes and team dynamics.
- Qualifications: Qualified actuary with experience in life insurance and team management.
The predicted salary is between 75600 - 92400 £ per year.
A leading global life reinsurer is seeking a qualified actuary to join its newly established global Valuation team in a broad and influential management role. This is not a traditional reporting focused valuation position. The successful candidate will lead key aspects of new business modelling and treaty implementation, manage a team and help determine how new business is embedded across the organisation. They will also play an important role in improving controls, modernising processes and shaping future actuarial model development. It is an excellent opportunity for someone who enjoys combining technical actuarial work with people leadership, stakeholder management and genuine business transformation.
The Role
- Lead and develop a sub team within the global New Business Valuation function
- Manage the implementation of new treaties across multiple products, regions and lines of business
- Take a leading role in addressing a backlog of historical treaty implementations
- Build effective relationships with Pricing, Operations, Corporate Actuarial and front office teams
- Improve the processes, controls and governance surrounding new business implementation
- Help embed deliverables from a major actuarial transformation programme
- Specify model requirements and coordinate the testing of future model developments
- Support the continued development of global assumptions management and implementation frameworks
- Coordinate activity across multiple locations and time zones while helping to build a positive, high performing team
The Candidate
- A qualified actuary with at least three years of relevant life insurance or life reinsurance experience
- Experience managing, coaching or developing actuarial colleagues
- A strong understanding of Corporate Actuarial, valuation or financial reporting processes
- Experience using actuarial modelling software, with Tyche experience particularly advantageous
- A track record of improving processes, controls or systems
- The ability to manage change and introduce new ways of working
- Strong stakeholder management skills and the confidence to challenge existing approaches
- A pragmatic and commercially minded approach, with the ability to balance accuracy, risk and delivery
Why Consider It?
This role offers considerably more breadth than a conventional valuation position. The successful candidate will join a global team at the beginning of its development and will have the opportunity to influence its processes, controls, modelling approach and working culture. They will gain exposure across new business, modelling, transformation and people management, while working closely with senior stakeholders throughout the organisation. The wider package includes a strong pension contribution, comprehensive private medical insurance for the employee and their dependants, 25 days of annual leave, nine times salary life assurance and income protection.
Actuarial Valuation Manager – New Business and Transformation in London 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 Actuarial Valuation Manager – New Business and Transformation in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Goodman Masson. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Actuarial Valuation Manager – New Business and Transformation in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goodman Masson.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Goodman Masson's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Goodman Masson
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goodman Masson.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Goodman Masson will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goodman Masson employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
