Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our capital team to develop and maintain life insurance capital models.
- Company: We're a leading life insurance company focused on expanding in the pension risk transfer market.
- Benefits: Gain valuable experience, work with senior stakeholders, and mentor junior actuaries.
- Why this job: This role offers a chance to impact business needs while enhancing your actuarial skills.
- Qualifications: Experience in the insurance sector with knowledge of annuity business is essential.
- Other info: SII experience is a plus, but not required; strong communication skills are key.
The predicted salary is between 43200 - 72000 £ per year.
Our client is a life insurance company looking to increase their market share in the pension risk transfer market. They are looking to hire life actuarial (BPA) to support the capital team.
- Maintain and develop the capital models, engage with range of senior stakeholder to ensure the models are adapting to the business need.
- Develop and maintain group's internal model which complies with Solvency II and IFRS requirement.
- Perform technical analysis on risk, presenting to committees and mentor the actuarial junior members within the team
Requirement
- Insurance sector experience and knowledge of UK, US, European and/or Canadian individual and bulk purchase annuity business.
- Background from pricing, reserving, reporting, capital management. SII experience is desirable but not essential
- Ability to multi-task, prioritize deliverables, and work well under pressure and deadlines
- Up to date knowledge of latest industry techniques and practices for internal models
- Excellent communication skills with great stakeholder management experience
For more information on this role or any other similar roles we are working on please contact me at
Capital Actuary (Life) employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Actuary (Life)
✨Tip Number 1
Make sure to familiarize yourself with the latest developments in Solvency II and IFRS requirements. This knowledge will not only help you understand the internal models better but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Engage with professionals in the insurance sector, especially those with experience in pension risk transfer. Networking can provide valuable insights and may even lead to referrals that could enhance your application.
✨Tip Number 3
Prepare to discuss your experience with capital models and how you've adapted them to meet business needs in previous roles. Being able to share specific examples will showcase your practical knowledge and problem-solving skills.
✨Tip Number 4
Highlight your ability to mentor junior team members in your conversations. This is a key aspect of the role, and demonstrating your leadership skills will set you apart from other candidates.
We think you need these skills to ace Capital Actuary (Life)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and requirements. Highlight your relevant experience in life insurance, capital management, and actuarial practices.
Tailor Your CV: Customize your CV to emphasize your experience in the insurance sector, particularly in areas like pricing, reserving, and reporting. Include specific examples of how you've engaged with stakeholders and contributed to capital models.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the pension risk transfer market and your ability to adapt models to business needs. Mention your communication skills and experience mentoring junior team members.
Highlight Technical Skills: In your application, be sure to mention any technical analysis you've performed on risk and your familiarity with Solvency II and IFRS requirements. This will demonstrate your capability to meet the technical demands of the role.
How to prepare for a job interview at HFG Insurance Recruitment
✨Showcase Your Technical Expertise
Be prepared to discuss your experience with capital models and how you've maintained or developed them in previous roles. Highlight any specific projects where you ensured compliance with Solvency II and IFRS requirements.
✨Engage with Stakeholders
Demonstrate your ability to engage with senior stakeholders by sharing examples of how you've communicated complex actuarial concepts to non-technical audiences. This will show your strong communication skills and stakeholder management experience.
✨Discuss Industry Knowledge
Make sure to talk about your knowledge of the insurance sector, particularly in relation to UK, US, European, and Canadian annuity business. Being up-to-date with the latest industry techniques and practices will set you apart.
✨Highlight Mentorship Experience
If you have experience mentoring junior actuaries, be ready to discuss it. Share how you've supported their development and contributed to a collaborative team environment, which is crucial for this role.
