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- Tasks: Join our Actuarial team to innovate and deliver customer-focused insurance solutions.
- Company: Dynamic income insurance company fostering a strong learning culture.
- Benefits: Competitive salary, professional development, and collaborative work environment.
- Why this job: Make a real impact in financial reporting and actuarial analysis.
- Qualifications: Bachelor's in actuarial science with 4-5 years of relevant experience.
- Other info: Exciting opportunities for growth in a fast-paced, adaptable setting.
The predicted salary is between 36000 - 60000 £ per year.
The Income Insurance Actuarial team aims to create exponential value and cultivates a dynamic learning culture. We are a strong partner with other departments to transform and innovate the delivery of simple, honest and customer-focused insurance solutions. You will be an integral member of the Actuarial General Insurance Team who will work in collaboration with other key team members, the Finance, Business & Claim Departments on key functions pertaining to General Insurance IFRS 17 reporting.
Key Responsibilities:
- Accountable for the timeliness and accuracy of IFRS 17 financial reporting deliveries, in compliance with accounting standards.
- Develop, maintain, and validate actuarial models and assumptions used in IFRS 17 calculations.
- Perform technical actuarial analyses on the financial results, provide insights to support business decision‐making.
- Contribute to the preparation of IFRS 17 actuarial reports and disclosures for internal and external stakeholders.
- Develop and enhance IFRS 17 models and workflows to automate actuarial work processes.
- Support audit processes related to IFRS 17 actuarial reporting.
Requirements:
- Bachelor's degree in actuarial science or equivalent with good progress in actuarial qualifications (IFoA, SoA, IoAA, CAS).
- At least 4-5 years of relevant experience in General Insurance reserving and financial reporting actuarial functions.
- Proficient with Microsoft Office and data software such as Alteryx.
- Experience in IFRS 17 reporting or involvement in IFRS 17‐related projects will be an advantage.
- Strong team player who is adaptable, open to a dynamic working environment and willing to explore new ways of working.
- Meticulous and strong analytical skills.
Assistant Manager/Senior Executive, Actuarial (GI IFRS17) in London employer: INCOME INSURANCE LIMITED
Contact Detail:
INCOME INSURANCE LIMITED Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Manager/Senior Executive, Actuarial (GI IFRS17) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the hunt for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS 17 specifics and recent trends in general insurance. Show us you’re not just knowledgeable but also passionate about the industry and ready to contribute to our dynamic team.
✨Tip Number 3
Don’t underestimate the power of a follow-up! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for a smoother process! We love seeing candidates who take the initiative to connect directly with us. Plus, it shows you’re genuinely interested in being part of our team.
We think you need these skills to ace Assistant Manager/Senior Executive, Actuarial (GI IFRS17) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Assistant Manager/Senior Executive role. Highlight your actuarial qualifications and any relevant experience in IFRS 17 reporting to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Share your passion for the insurance industry and how you can contribute to our dynamic learning culture. Be genuine and let us know why you want to join our Income Insurance Actuarial team.
Showcase Your Analytical Skills: Since this role requires strong analytical skills, don’t shy away from mentioning specific projects or tasks where you’ve demonstrated these abilities. We love seeing how you’ve tackled challenges in your previous roles!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at INCOME INSURANCE LIMITED
✨Know Your IFRS 17 Inside Out
Make sure you brush up on your knowledge of IFRS 17 and its implications for financial reporting. Be ready to discuss how you've applied this in your previous roles, as well as any challenges you've faced and how you overcame them.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing specific examples of technical actuarial analyses you've performed. Highlight how your insights have influenced business decisions, as this will show your potential employer that you can add value to their team.
✨Collaboration is Key
Since the role involves working closely with various departments, be prepared to talk about your experience in cross-functional teams. Share examples of how you've successfully collaborated with finance, claims, or other departments to achieve common goals.
✨Be Ready for Technical Questions
Expect some technical questions related to actuarial models and assumptions. Brush up on your knowledge of data software like Alteryx and be ready to discuss how you've used it to enhance workflows or automate processes in your previous roles.
