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 valuable experience and exposure to senior stakeholders in the insurance industry.
- Other info: Excellent opportunity for career growth and development in a supportive team.
- Why this job: Deepen your capital expertise while working on impactful projects in a collaborative environment.
- Qualifications: Nearly or newly qualified actuary with strong analytical skills.
The predicted salary is between 36000 - 60000 € 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 employer: High Finance (UK) Limited T/A 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 insurance hub, this role not only enhances your actuarial skills but also provides a unique platform for career advancement within the industry.
Contact Detail:
High Finance (UK) Limited T/A HFG 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 capital modelling concepts, regulatory reporting, and how you can contribute to the Lloyd's Capital Return process. We want to see your passion for the role!
✨Tip Number 3
Showcase your soft skills! Communication is key in this role, so practice explaining complex actuarial concepts in simple terms. This will help you connect with senior stakeholders and cross-functional teams during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s 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 🫡
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 key 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 passionate about the role and how you can contribute to our capital modelling team. Keep it concise but impactful.
Showcase Your Technical Skills:Don’t forget to mention any specific software or tools you’re proficient in that relate to capital modelling and regulatory reporting. We love seeing candidates who are tech-savvy and ready to hit the ground running!
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 don’t miss out on any updates!
How to prepare for a job interview at High Finance (UK) Limited T/A 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 market and the specific challenges it faces. Research the company’s recent projects or initiatives related to capital allocation or model development. 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 will not only showcase your communication skills but also highlight your ability to enhance management information, which is crucial for this role.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities in real-world scenarios, especially around capital optimisation and regulatory compliance. Think of examples where you’ve had to make strategic decisions or collaborate with cross-functional teams. This will illustrate your capability to support the capital modelling function effectively.
