At a Glance
- Tasks: Support capital modelling and contribute to regulatory reporting and strategic initiatives.
- Company: Well-established specialty insurer with a dynamic actuarial function.
- Benefits: Gain exposure to senior stakeholders and enhance your actuarial expertise.
- Other info: Excellent career growth opportunities and involvement in diverse actuarial projects.
- Why this job: Deepen your capital knowledge in a collaborative and innovative insurance environment.
- Qualifications: Nearly or newly qualified actuary with strong analytical skills.
The predicted salary is between 60000 - 80000 € 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.
Key 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.
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.
Please apply for further information:
Capital Actuary - HFG in London employer: HFG
Join a leading specialty insurer that values innovation and collaboration, offering a vibrant work culture where your contributions directly impact strategic capital decision-making. With a strong focus on employee development, you will have access to continuous learning opportunities and the chance to work alongside experienced professionals in a supportive environment. Located in a thriving financial hub, this role not only provides competitive benefits but also fosters a sense of community and purpose within the actuarial field.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Actuary - HFG in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field, especially those working in capital modelling. Attend industry events or webinars to make connections and learn about potential job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of capital modelling. Be ready to discuss how you can contribute to the Lloyd's Capital Return process and other key responsibilities mentioned in the job description.
✨Tip Number 3
Showcase your communication skills! When discussing model outputs, make sure you can explain complex concepts clearly. This will help you stand out, especially when interacting with senior stakeholders.
✨Tip Number 4
Don't forget to apply through our website! We have loads of resources to help you land that Capital Actuary role. Plus, it shows you're serious about joining our team and makes it easier for us to keep track of your application.
We think you need these skills to ace Capital Actuary - HFG in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Capital Actuary role. Highlight relevant experience in capital modelling, regulatory reporting, and any exposure to senior stakeholders. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your interest in working within a dynamic specialty insurance environment.
Showcase Your Technical Skills:Since this role involves internal model development and regulatory reporting, be sure to showcase your technical skills. Mention any specific software or methodologies you’re familiar with that relate to capital modelling and actuarial work.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at HFG
✨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 you’re not just familiar with the concepts but can apply them effectively.
✨Understand the Business
Familiarise yourself with the specialty insurance sector and the specific challenges it faces. Research the company’s recent projects or initiatives related to capital allocation or risk management. This knowledge will help you engage in meaningful conversations during the interview and demonstrate your genuine interest in the role.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving abilities. Think about situations where you had to optimise reinsurance or contribute to strategic initiatives. Prepare structured responses using the STAR method (Situation, Task, Action, Result) to clearly articulate your thought process and outcomes.
✨Communicate Clearly
In this role, you'll need to communicate complex model outputs to various stakeholders. Practice explaining your work in simple terms, focusing on how it impacts decision-making. During the interview, aim to convey your ideas clearly and confidently, showcasing your ability to enhance management information effectively.
