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.
Capital Actuary employer: High Finance Limited
Contact Detail:
High Finance Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Actuary
✨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.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss your understanding of regulatory reporting and capital allocation strategies. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Capital Actuary role. We make it easy for you to showcase your skills and connect with potential employers directly!
We think you need these skills to ace Capital Actuary
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 our needs!
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 perfect fit. Don’t forget to mention your interest in working within a dynamic specialty insurance environment.
Showcase Your Technical Skills: As a Capital Actuary, technical skills are key. Be sure to highlight your experience with internal model development and any specific tools or software you've used. We love seeing candidates who can clearly communicate complex model outputs!
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 High Finance Limited
✨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 market and the specific challenges it faces. Research the company’s recent projects or initiatives related to capital allocation and risk management. This knowledge will help you engage in meaningful conversations during the interview and demonstrate your genuine interest in the role.
✨Communicate Clearly
You’ll need to convey complex model outputs to various stakeholders. Practice explaining your previous work in simple terms, focusing on the impact of your contributions. This skill is crucial for enhancing management information and ensuring cross-functional teams understand your insights.
✨Prepare Questions
Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, the internal model development process, and how the company supports actuaries in their professional growth. This shows that you’re proactive and genuinely interested in how you can fit into their culture and contribute to their goals.