At a Glance
- Tasks: Lead and develop the actuarial function, overseeing reserving, capital, pricing, and reinsurance.
- Company: Innovative insurance business with a focus on growth and leadership.
- Benefits: Competitive salary, remote work, and significant influence over business strategy.
- Other info: Opportunity to engage with senior stakeholders and make impactful decisions.
- Why this job: Shape the future of an actuarial function in a dynamic environment.
- Qualifications: Extensive experience in actuarial roles and strong leadership skills.
The predicted salary is between 80000 - 100000 £ per year.
We have partnered with a growing and innovative insurance business to find a Head of Actuarial to lead their actuarial function. This is a senior leadership role reporting directly to the CFO, with broad responsibility across reserving, capital, pricing oversight, and reinsurance, as well as significant exposure to senior stakeholders and the Board.
Key responsibilities:
- Lead and develop the actuarial function, including governance, frameworks, and team build-out.
- Take full ownership of reserving, including Best Estimates, Risk Margins, and regulatory technical provisions.
- Provide leadership on capital modelling, solvency monitoring, and capital planning.
- Oversee and challenge pricing strategy to ensure alignment with risk and return objectives.
- Lead actuarial input into reinsurance strategy and broader business planning, including growth initiatives and corporate activity.
- Act as the senior actuarial advisor to the Executive Committee and Board, delivering clear and insightful reporting.
This is a rare opportunity to shape and lead an actuarial function in a dynamic environment, with real influence over business strategy and performance.
Head of Actuarial (Remote) employer: High Finance (UK) Limited
Join a forward-thinking insurance business that values innovation and leadership, offering a unique opportunity to shape the actuarial function from a remote location. With a strong emphasis on employee development, collaborative work culture, and direct engagement with senior stakeholders, this role provides not only competitive benefits but also the chance to make a significant impact on the company's strategic direction. Embrace a rewarding career where your expertise will be recognised and valued in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Actuarial (Remote)
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or webinars to meet potential employers and showcase your expertise.
✨Tip Number 2
Prepare for those interviews! Research the company and its culture, especially their approach to actuarial functions. We want you to be able to discuss how your leadership can align with their goals, so think about examples from your past experiences that demonstrate your skills.
✨Tip Number 3
Showcase your thought leadership! Consider writing articles or sharing insights on platforms like LinkedIn about trends in actuarial science, capital modelling, or pricing strategies. This will help you stand out as a knowledgeable candidate and attract attention from hiring managers.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications and updates all in one place.
We think you need these skills to ace Head of Actuarial (Remote)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that align with the Head of Actuarial role. Highlight your leadership experience, especially in areas like reserving and capital modelling, to show us you’re the right fit.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you the perfect candidate. Don’t forget to mention your experience with senior stakeholders and strategic decision-making.
Showcase Your Achievements:When detailing your past roles, focus on quantifiable achievements. Whether it’s improving pricing strategies or enhancing governance frameworks, we want to see how you've made a tangible impact in your previous positions.
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 important updates!
How to prepare for a job interview at High Finance (UK) Limited
✨Know Your Numbers
As a Head of Actuarial, you'll need to demonstrate your expertise in reserving and capital modelling. Brush up on key metrics and be ready to discuss how you've successfully managed these areas in the past. Use specific examples to showcase your analytical skills and decision-making process.
✨Understand the Business Landscape
Familiarise yourself with the insurance business's current trends and challenges. Be prepared to discuss how you can align the actuarial function with broader business strategies. Showing that you understand the market will impress the interviewers and highlight your strategic thinking.
✨Engage with Stakeholders
Since this role involves significant exposure to senior stakeholders and the Board, practice articulating complex actuarial concepts in a clear and concise manner. Think about how you can effectively communicate your insights and recommendations to non-actuarial audiences.
✨Show Leadership Potential
This is a senior leadership role, so be ready to discuss your experience in leading teams and developing talent. Share examples of how you've built governance frameworks or improved team performance. Highlight your vision for the actuarial function and how you plan to inspire and motivate your team.
