At a Glance
- Tasks: Join a dynamic team as a Graduate Actuarial Analyst, tackling data analysis and pricing strategies.
- Company: Be part of a leading Lloyd's/London Market business with a strong reputation.
- Benefits: Enjoy a clear pathway to qualification and opportunities for professional growth.
- Why this job: Gain valuable experience in core actuarial disciplines while contributing to impactful projects.
- Qualifications: Must have a First or 2:1 degree in Mathematics or a related field.
- Other info: Excel proficiency is essential; knowledge of VBA or actuarial software is a bonus.
The predicted salary is between 28800 - 48000 Β£ per year.
Job Description
We are working with a leading Lloyd's/London Market business looking for a Graduate Actuarial Analyst to join their growing team. This role offers excellent exposure to core actuarial disciplines and a clear pathway towards qualification.
Key Responsibilities:
- Assist with quarterly reserving and profitability reviews.
- Prepare and reconcile data for actuarial analysis and update projection models.
- Support pricing analysis and development of management information.
- Liaise with carriers' actuaries on queries and insights.
- Maintain documentation and contribute to process improvements.
About You:
- A First or 2:1 degree in Mathematics or a related subject.
- Strong numeracy, attention to detail, and problem-solving skills.
- Proficient in Excel; VBA or actuarial software knowledge is a plus.
- Committed to progressing with actuarial exams (IFoA).
Please reach out for further information:
Graduate Actuarial Analyst - Lloyd\'s/London Market employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Graduate Actuarial Analyst - Lloyd\'s/London Market
β¨Tip Number 1
Familiarise yourself with the Lloyd's/London Market specifically. Understanding the unique aspects of this market will help you stand out during interviews and discussions.
β¨Tip Number 2
Network with professionals in the actuarial field, especially those working in Lloyd's or London Market firms. Attend industry events or webinars to make connections that could lead to referrals.
β¨Tip Number 3
Brush up on your Excel skills, particularly in areas relevant to actuarial work like data analysis and modelling. Consider taking online courses to enhance your proficiency.
β¨Tip Number 4
Stay updated on current trends and challenges in the insurance and actuarial sectors. Being knowledgeable about recent developments can give you an edge in conversations with potential employers.
We think you need these skills to ace Graduate Actuarial Analyst - Lloyd\'s/London Market
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your degree in Mathematics or a related subject, along with any relevant coursework or projects. Emphasise your strong numeracy skills and attention to detail, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Graduate Actuarial Analyst position. Mention your commitment to progressing with actuarial exams and how your skills align with the responsibilities outlined in the job description.
Showcase Relevant Experience: If you have any internships or work experience related to actuarial analysis, be sure to include this in your application. Highlight specific tasks you undertook that relate to data preparation, analysis, or pricing.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for an actuarial role.
How to prepare for a job interview at HFG Insurance Recruitment
β¨Showcase Your Academic Achievements
Make sure to highlight your First or 2:1 degree in Mathematics or a related subject during the interview. Be prepared to discuss specific projects or coursework that demonstrate your strong numeracy and analytical skills.
β¨Demonstrate Your Excel Proficiency
Since proficiency in Excel is crucial for this role, be ready to discuss your experience with it. If you have used advanced functions or VBA, mention these examples to showcase your technical skills.
β¨Prepare for Actuarial Concepts
Brush up on key actuarial concepts and methodologies relevant to the Lloyd's/London Market. Being able to discuss topics like reserving, profitability reviews, and pricing analysis will show your understanding of the industry.
β¨Express Your Commitment to Professional Development
Let them know about your commitment to progressing with actuarial exams (IFoA). Discuss any study plans or preparations you have in place, as this demonstrates your dedication to the profession and long-term growth.