At a Glance
- Tasks: Build and enhance capital models using Igloo, ReMetrica, or Tyche.
- Company: Exciting start-up in reinsurance and alternative risk transfer.
- Benefits: Flexible working hours, competitive pay, and opportunities for skill development.
- Other info: Great potential for career growth in a fast-paced environment.
- Why this job: Join a dynamic team and shape bespoke capital models with cutting-edge technology.
- Qualifications: Coding skills are a must; reinsurance experience is a bonus but not required.
The predicted salary is between 60000 - 80000 £ per year.
Start up reinsurance and alternative risk transfer entity is seeking a capital modelling actuary, ideally with some knowledge of Igloo.
Alternatives such as Re Metrica and Tyche would work as well.
The business is currently using Igloo Standard Formula, and the model has been partially built, so candidates need to be interested in continuining the build as well as doing model runs, parametrisation etc.
Reinsurance experience is not essential, and qualification is not essential either.
Candidates with coding skills are especially sought after.
Longer term, the client is interested in having a bespoke capital model in Python.
Capital Modeller in Slough employer: Hanover
Hanover is an excellent employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on employee growth, we provide opportunities for professional development and the chance to work closely with senior management on impactful projects. Located in a vibrant area, our office culture promotes teamwork and inclusivity, making it a rewarding place to advance your career in capital modelling.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Modeller in Slough
✨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 Hanover). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨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 Hanover. 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 Capital Modeller in Slough
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 Hanover.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hanover. 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 Hanover
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hanover 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 Hanover, 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 Hanover'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.
