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.
- 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.
- Other info: Opportunity for broad exposure across capital, strategy, and actuarial work.
The predicted salary is between 36000 - 60000 Β£ 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 in Slough employer: High Finance (UK) Limited
Contact Detail:
High Finance (UK) Limited Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Capital Actuary in Slough
β¨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.
β¨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 outlined in the job description.
β¨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.
β¨Tip Number 4
Don't forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Capital Actuary in Slough
Some tips for your application π«‘
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 excited about the Capital Actuary role and how you can contribute to our team. Keep it concise but impactful!
Showcase Your Communication Skills: Since this role involves communicating model outputs clearly, make sure your application reflects your ability to convey complex information simply. We love candidates who can bridge the gap between technical and non-technical stakeholders.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you donβt miss out on any important updates!
How to prepare for a job interview at High Finance (UK) Limited
β¨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 your experience with capital modelling, regulatory reporting, and any relevant software tools you've used.
β¨Understand the Business
Familiarise yourself with the specialty insurance sector and the specific challenges it faces. Research the companyβs recent projects or initiatives related to capital allocation and risk management, so you can speak knowledgeably about how you can contribute.
β¨Communicate Clearly
You'll need to convey complex model outputs to various stakeholders. Practice explaining your past work in simple terms, focusing on how your contributions impacted decision-making. This will show your ability to bridge the gap between technical and non-technical teams.
β¨Prepare Questions
Interviews are a two-way street! Prepare insightful questions about the team dynamics, the company's approach to capital modelling, and how they measure success in this role. This shows your genuine interest and helps you assess if it's the right fit for you.