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- Tasks: Support projects in valuations, bulk annuities, and insurance pricing.
- Company: Join a leading UK consultancy in the pensions and insurance sector.
- Benefits: Enjoy hybrid working options and a collaborative team environment.
- Why this job: Gain valuable experience while making a real impact in the insurance industry.
- Qualifications: Nearly or newly qualified actuary with pensions experience required.
- Other info: Locations include London, Reading, Manchester, Leeds, and Belfast.
The predicted salary is between 36000 - 60000 £ per year.
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
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.
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Actuarial Assistant - Insurance Pricing employer: IDEX Consulting
Contact Detail:
IDEX Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Assistant - Insurance Pricing
✨Tip Number 1
Familiarise yourself with the latest UK pensions legislation and trends in the insurance sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the actuarial field, especially those working in pensions and insurance. Attend industry events or join relevant online forums to make connections that could lead to job opportunities.
✨Tip Number 3
Prepare to discuss specific projects or experiences where you've applied your actuarial skills, particularly in valuations or insurance pricing. Real-life examples can set you apart from other candidates.
✨Tip Number 4
Practice your presentation skills, as you'll need to communicate findings clearly to clients. Consider doing mock presentations to friends or colleagues to build confidence and receive constructive feedback.
We think you need these skills to ace Actuarial Assistant - Insurance Pricing
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of an Actuarial Assistant in the insurance pricing sector. Highlight your relevant experience and skills that align with the job description, particularly your understanding of UK pensions legislation.
Tailor Your CV: Make sure your CV reflects your qualifications as a nearly or newly qualified actuary. Emphasise any pensions experience you have and showcase your Excel skills, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your motivation for applying and how your background makes you a suitable candidate. Mention specific projects or experiences that demonstrate your ability to perform actuarial calculations and communicate findings effectively.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that your documents are well-structured and professional. A polished application reflects your attention to detail, which is vital in this field.
How to prepare for a job interview at IDEX Consulting
✨Brush Up on Pensions Legislation
Make sure you have a solid understanding of UK pensions legislation, as this is crucial for the role. Be prepared to discuss how recent changes might impact actuarial calculations and insurance pricing.
✨Showcase Your Excel Skills
Since strong Excel skills are essential, be ready to demonstrate your proficiency. You might be asked about specific functions or how you've used Excel in past projects, so think of examples that highlight your capabilities.
✨Prepare to Present Findings
As part of the role involves presenting findings to clients, practice explaining complex actuarial concepts in simple terms. This will show your communication skills and ability to engage with clients effectively.
✨Familiarise Yourself with the Company
Research the consultancy's recent projects and their approach to insurance pricing. Understanding their values and how they operate will help you tailor your responses and show genuine interest in the position.