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.
- Other info: Opportunity for broad exposure across capital, strategy, and actuarial work.
- Why this job: Deepen your actuarial expertise while making a real impact in the insurance industry.
- 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
Join a leading specialty insurer that values innovation and collaboration, offering a vibrant work culture where your contributions directly impact strategic capital decisions. 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 enhances your actuarial skills but also provides a unique platform for career advancement within the insurance sector.
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 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 mentioned in the job description.
✨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 reflects the skills and experiences that align with the Capital Actuary role. Highlight any relevant projects or responsibilities that showcase your expertise in capital modelling and regulatory reporting.
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 experience with cross-functional teams and stakeholder communication.
Showcase Your Technical Skills:Since this role involves internal model development and regulatory reporting, be sure to highlight your technical skills. Mention any specific software or methodologies you’re familiar with that are relevant to capital modelling.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at High Finance (UK) 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 or model development. 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 questions that assess your problem-solving abilities and how you handle real-world scenarios. Think about situations where you had to optimise reinsurance or make strategic capital decisions. Prepare concise stories that highlight your analytical skills and teamwork, especially in cross-functional settings.
✨Communicate Clearly
In this role, you'll need to convey complex model outputs to various stakeholders. Practice explaining your work in simple terms, focusing on how it impacts the business. During the interview, aim to showcase your ability to communicate effectively, as this will be crucial in collaborating with underwriting, risk, and actuarial teams.
