At a Glance
- Tasks: Join our actuarial team to deliver analytical solutions for global clients in insurance and reinsurance.
- Company: Howden is a diverse, international collective of 18,000 passionate professionals pushing insurance boundaries.
- Benefits: Enjoy flexible working hours, hybrid options, and a supportive culture that values your growth.
- Other info: We support your journey towards actuarial qualifications and offer mentorship opportunities.
- Why this job: Be part of a dynamic team that fosters collaboration and continuous learning while making a real impact.
- Qualifications: Ideal candidates should have experience in General Insurance, particularly in pricing and reserving.
The predicted salary is between 43200 - 72000 £ per year.
Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries.
People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.
About the role
In Analytics, the actuarial team serve and support all Howden businesses including Insurance, Reinsurance and Capital Markets. This spans most geographies – from the Americas, through Europe, Middle East across to Australasia. We have a diverse range of clients via our London and regional offices across the world, who rely heavily on our expertise and insights as well as those independent, second pair of eyes perspective.
You will be responsible for the delivery of actuarial and analytical solutions that provide outstanding value to both consumers (brokers, insureds and re-insureds) and capacity (carriers) alike. The successful applicant will work in tandem with brokers, but within a dynamic multidisciplinary team containing actuarial and catastrophe modelling experts.
Although the role doesn’t require the actuarial qualification and studying for the exams with the Institute & Faculty of Actuaries, Howden will support candidates that would like to begin their studying journey, continue their existing endeavours and/or maintain their professional qualifications/expertise.
What you’ll bring:
The ideal candidate will be an established practitioner in General Insurance with established expertise in pricing, reserving and/or capital modelling. Preferably the candidate’s pricing/reserving experience will be in casualty reinsurance and the candidate will be confident and credible in analysing, designing, pricing reinsurance structures for indemnity and parametric risks. This experience can be from a consultancy, broker or carrier.
You will have:
- An enthusiasm for continuous learning and problem solving
- A focus on the delivery of projects and products as a leader or collaborative team player
- An “owner’s” mindset and look to take on responsibility for the successful completion of projects
- A desire to contribute to and shape the development of a growing team – in particular to guide and mentor the more junior members of the team.
You will have good interpersonal skills, passion, energy, a problem-solving demeanour and a delivery oriented mind-set. An aptitude to listen, to understand and anticipate the project requirements and the ability to optimally and expertly communicate your findings. Enthusiasm and willingness to work with brokers, carriers and/or insureds.
You will be seeking a challenging and rewarding opportunity to develop a successful career in Howden. You will help Howden to differentiate ourselves by delivering excellent service to retain existing accounts and help to win new business.
Key accountabilities
You will collaborate with colleagues across Howden as well as the wider Analytics team on projects related to (re)insurance placements or for tender opportunities. Building your network, you will be encouraged and supported to interact with a diverse range of colleagues, peers and clients.
You will be expected to apply (and refine) actuarial and analytical techniques to help deliver advisory and placement projects, working alongside both senior and junior colleagues. Commensurate with your experience and skills, you will lead client and research projects.
What do we offer in return?
A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:
Our successes have all come from someone brave enough to try something new
We support each other in the small everyday moments and the bigger challenges
We are determined to make a positive difference at work and beyond
Reasonable adjustments
We\'re committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.
If you\'re excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.
#J-18808-LjbffrActuary in London employer: Howden Group
Howden is an exceptional employer that fosters a vibrant and inclusive work culture, where collaboration and innovation thrive among its 18,000 employees across the globe. With a strong commitment to employee growth, Howden offers support for professional development, including actuarial qualifications, while promoting a healthy work/life balance and opportunities for meaningful contributions to sustainability and community initiatives. Joining Howden means being part of a dynamic team that values diversity and encourages individuals to shape their own career paths in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Actuary in London
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work at Howden or similar companies. Attend industry events, webinars, and join relevant online forums to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with the latest trends and developments in general insurance, particularly in pricing and reserving. This knowledge will not only help you during interviews but also demonstrate your commitment to continuous learning, which is highly valued at Howden.
✨Tip Number 3
Prepare to discuss your problem-solving skills and how you've successfully delivered projects in the past. Use specific examples that highlight your ability to work collaboratively within a team, as this is crucial for the role at Howden.
✨Tip Number 4
Show enthusiasm for mentoring and guiding junior team members. Howden values individuals who are willing to contribute to the development of their teams, so be ready to share your thoughts on how you can support others in their professional growth.
We think you need these skills to ace Actuary in London
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities and requirements of the Actuary position at Howden. Tailor your application to highlight how your skills and experiences align with their needs.
Highlight Relevant Experience:In your CV and cover letter, emphasise your experience in General Insurance, particularly in pricing, reserving, and capital modelling. Use specific examples to demonstrate your expertise and problem-solving abilities.
Showcase Your Passion for Learning:Howden values continuous learning. Mention any relevant courses, certifications, or professional development activities you've undertaken, especially those related to actuarial studies or insurance.
Craft a Compelling Cover Letter:Your cover letter should reflect your enthusiasm for the role and the company culture at Howden. Discuss why you want to join their team and how you can contribute to their mission of delivering excellent service.
How to prepare for a job interview at Howden Group
✨Show Your Passion for Continuous Learning
As an actuary, a passion for continuous learning is crucial. Be prepared to discuss how you've pursued professional development in the past and your plans for future learning, especially regarding actuarial qualifications.
✨Demonstrate Collaborative Skills
Howden values teamwork, so highlight your experience working in multidisciplinary teams. Share specific examples of how you've collaborated with others to achieve project goals, particularly in insurance or analytics.
✨Prepare for Problem-Solving Scenarios
Expect to face problem-solving questions during the interview. Brush up on your analytical techniques and be ready to walk through your thought process when tackling complex actuarial problems.
✨Communicate Clearly and Effectively
Strong communication skills are essential for this role. Practice explaining complex actuarial concepts in simple terms, as you may need to present findings to clients or colleagues who aren't experts in the field.
