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For Companies At a Glance
- Tasks: Join our team to perform actuarial calculations and present findings to clients.
- Company: A leading UK consultancy in pensions and insurance, committed to diversity and inclusion.
- Benefits: Enjoy hybrid working options and a supportive company culture.
- Why this job: Be part of impactful projects while developing your skills in a dynamic environment.
- Qualifications: Nearly or newly qualified actuary with essential pensions experience and strong Excel skills.
- Other info: Opportunities for growth and training within a diverse and inclusive workplace.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
A top UK consultancy in the pensions and insurance sector is hiring a nearly or newly qualified actuary to join its growing team. This role supports projects such as valuations, bulk annuities, de-risking, and insurance pricing. Locations: London, Reading, Manchester, Leeds, Belfast (Hybrid working)
Key Responsibilities:
- Perform and review actuarial calculations
- Present findings to clients and support Scheme Actuary work
- Draft reports, member communications, and technical summaries
- Contribute to internal processes and training
Requirements:
- Nearly/newly qualified actuary (pensions experience essential)
- Strong understanding of UK pensions legislation
- Clear communicator with excellent Excel skills
Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.
Our Diversity, Equity and Inclusion Mission
At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.
Actuarial Assistant - Insurance Pricing employer: IDEX Consulting Ltd
Contact Detail:
IDEX Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Assistant - Insurance Pricing
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in pensions and insurance. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at StudySmarter.
✨Tip Number 2
Familiarise yourself with the latest UK pensions legislation and trends in insurance pricing. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss specific projects or experiences where you've applied your actuarial skills, particularly in valuations or de-risking. Being able to share concrete examples will make you stand out during discussions with our team.
✨Tip Number 4
Practice your presentation skills, as you'll need to communicate findings clearly to clients. Consider doing mock presentations to friends or mentors to build confidence and receive constructive feedback before your interview.
We think you need these skills to ace Actuarial Assistant - Insurance Pricing
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of an Actuarial Assistant in insurance pricing. Familiarise yourself with actuarial calculations, report drafting, and client communication.
Tailor Your CV: Highlight your qualifications as a nearly or newly qualified actuary, especially any relevant pensions experience. Emphasise your Excel skills and any previous work that aligns with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the consultancy sector. Mention specific projects or experiences that demonstrate your understanding of UK pensions legislation and your ability to communicate clearly.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is crucial in the actuarial field.
How to prepare for a job interview at IDEX Consulting Ltd
✨Brush Up on Pensions Legislation
Make sure you have a solid understanding of UK pensions legislation, as this is crucial for the role. Familiarise yourself with recent changes and how they impact actuarial calculations.
✨Showcase Your Excel Skills
Since strong Excel skills are essential, be prepared to discuss your experience with Excel during the interview. Consider bringing examples of complex calculations or models you've created in the past.
✨Prepare to Present Findings
You may need to present findings to clients, so practice explaining complex actuarial concepts in simple terms. This will demonstrate your communication skills and ability to convey technical information effectively.
✨Understand the Role of a Scheme Actuary
Research the responsibilities of a Scheme Actuary and be ready to discuss how you can support their work. Showing that you understand their role will highlight your commitment to the team and the projects you'll be involved in.
