At a Glance
- Tasks: Support capital modelling and contribute to strategic decision-making in a dynamic insurance environment.
- Company: Well-established specialty insurer with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and exposure to senior stakeholders.
- Why this job: Deepen your actuarial expertise while making a real impact in the insurance industry.
- Qualifications: Nearly or newly qualified actuary with a passion for capital and strategy.
- Other info: Dynamic role with opportunities for growth and cross-functional collaboration.
The predicted salary is between 36000 - 60000 Β£ per year.
We have partnered with a well-established specialty insurer to recruit a Capital Actuary into their actuarial function. This role sits within the capital modelling team and plays a key part in internal model development, regulatory reporting, and strategic capital decision-making, with exposure to senior stakeholders and cross-functional committees.
Responsibilities
- Support the capital modelling function, including ongoing development and maintenance of the internal model.
- Play an integral role in the Lloyd's Capital Return (LCR) process.
- Support embedded model uses such as reinsurance optimisation, capital allocation, and strategic initiatives (e.g. new classes and portfolio optimisation).
- Contribute to regulatory and risk reporting including SCR, PRA returns, LCM returns, and ORSA.
- Communicate model outputs clearly and enhance management information.
- Work closely with underwriting, risk, and actuarial teams to expand internal model use across the business.
- Outside peak capital periods, support reserving, pricing, and portfolio analytics activities.
Opportunity and Qualifications
This is an excellent opportunity for a nearly or newly qualified actuary to deepen their capital expertise within a dynamic specialty insurance environment, with broad exposure across capital, strategy, and wider actuarial work.
Capital Actuary employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Capital Actuary
β¨Tip Number 1
Network like a pro! Reach out to professionals in the insurance and actuarial fields on LinkedIn. Join relevant groups and participate in discussions to get your name out there and show your interest in capital modelling.
β¨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of regulatory reporting. Be ready to discuss how you can contribute to the Lloyd's Capital Return process and other key responsibilities outlined in the job description.
β¨Tip Number 3
Showcase your communication skills! Practice explaining complex actuarial concepts in simple terms. This will help you connect with senior stakeholders and cross-functional teams during interviews.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Capital Actuary
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in capital modelling and actuarial functions. We want to see how your skills align with the responsibilities mentioned in the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about the Capital Actuary role and how you can contribute to our team. Keep it concise but impactful.
Showcase Your Technical Skills: Donβt forget to mention any specific software or tools youβre proficient in that relate to capital modelling and regulatory reporting. We love seeing candidates who are tech-savvy!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you donβt miss out on any updates!
How to prepare for a job interview at HFG
β¨Know Your Numbers
As a Capital Actuary, you'll be dealing with complex models and data. Brush up on your technical skills and be ready to discuss specific examples of how you've contributed to capital modelling or regulatory reporting in the past. This will show your potential employer that youβre not just familiar with the concepts but can apply them effectively.
β¨Understand the Business
Familiarise yourself with the specialty insurance market and the specific challenges it faces. Be prepared to discuss how your role as a Capital Actuary can impact strategic decision-making and capital allocation. Showing that you understand the bigger picture will impress your interviewers.
β¨Communicate Clearly
Youβll need to communicate complex model outputs to various stakeholders. Practice explaining your work in simple terms, focusing on how it benefits the business. This skill is crucial, especially when working with cross-functional teams like underwriting and risk management.
β¨Ask Insightful Questions
Prepare thoughtful questions about the companyβs current capital strategies and future initiatives. This not only demonstrates your interest in the role but also shows that youβre proactive and engaged. Itβs a great way to start a conversation and leave a lasting impression.