At a Glance
- Tasks: Engage in diverse actuarial consulting projects, solving complex problems for clients.
- Company: Join a leading insurance consultancy with a global client base and expert team in Dublin.
- Benefits: Enjoy a dynamic work environment, opportunities for growth, and social events with colleagues.
- Why this job: Experience a stimulating role that combines technical skills with impactful client interactions.
- Qualifications: Bachelor’s degree required; strong communication and problem-solving skills essential.
- Other info: Participate in virtual assessments and team-building events to connect with future colleagues.
The predicted salary is between 28800 - 48000 £ per year.
Our Dublin insurance team of 40 actuarial consultants have deep experience working with organisations of all types and sizes across the insurance industry. We have a large and diverse client base serving some of the biggest players in the Irish domestic market, and across Europe, the Americas and Asia.
The services we provide include:
- Outsourced Actuarial Services
- Product Development
- Pricing
- Risk Assessment & Management
- Mergers & Acquisitions
- Portfolio Transfers
The Role
A role in Insurance Consulting is stimulating, challenging, exciting and extremely rewarding. We require candidates who are technically and mathematically minded, with the ability to solve intricate problems using innovative and proportionate approaches. As consultants, it is not enough to have the technical skillset. The ability to communicate complex concepts to audiences from a variety of backgrounds is fundamental. We deal with actuaries, accountants, senior executives and other Board members. Each audience has different needs and knowledge and so we need to tailor our communications to suit.
We are looking for candidates that are excellent in their field and can apply their skillsets to work with clients to support them in their strategy and objectives. As a project-based business, no two days are the same. You will be involved in regular project meetings which will help you to understand the overall project and where your work fits in as well as providing a space for you to report your progress and raise issues. Being able to communicate your technical work to others who may not be familiar or involved is the key foundation for every actuarial consultant. Our work requires us to work closely with our other offices throughout Europe and around the world. You will gain exposure to various companies across the entire insurance market ranging from small domestic companies to larger multinational insurers. Depending on the project and client you may also get involved in communicating with peers at the client's office, working directly alongside clients and attending meetings/calls.
The Requirements
- Bachelor’s Degree required;
- Keen to progress towards qualification in the actuarial exams;
- Well organised and detail oriented;
- Able to work to a high level of accuracy;
- Able to work well under pressure and meet targets;
- Proficient in Microsoft Office Word & Excel;
- Interpersonal skills to include good written and verbal communication;
- “Can do” attitude with a flexible attitude to work;
- Strong written and verbal communication skills;
- Ability to ask the right questions and seek help where appropriate;
Main Role Responsibilities
- Provide actuarial consulting to clients on a broad range of topics including: Supporting clients in all aspects of actuarial work including, financial reporting, solvency reporting, capital management and product pricing.
- Corporate restructuring and capital enhancement (demutualisation, securitisation and M&A).
- Working with Heads of Actuarial Function and Chief Risk Officers in meeting business and regulatory requirements relating to these roles.
- Performance in areas related to financial risk, product distribution and capital issues.
- Enterprise Risk Management to manage risks and meet strategic objectives.
- Conduct reporting on regulatory (Solvency II) and accounting bases;
- Prepare reports for Board of Managements;
- Assist in risk monitoring;
- Analyse and communicate results to key stakeholders;
- Complete other ad-hoc projects as they arise;
- Attend WTW-organised client events;
How to Apply
Online application, including CV. Invitation to complete online assessment and a video interview. Virtual assessment centre – this is an opportunity for you to meet with members of the team and for the team to understand your strengths, preferences, and motivations. The assessment will take place virtually, and there will be an opportunity for you to ask questions. Offer and acceptance. Keeping in touch including office visit and invites to social events where you will be able to meet some of your future colleagues. On-boarding.
To apply for this role and to find out more, please click on the apply button.
Actuarial Insurance Consulting Graduate Programme - Non-Life - Dublin employer: Industry Placements
Contact Detail:
Industry Placements Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Insurance Consulting Graduate Programme - Non-Life - Dublin
✨Tip Number 1
Familiarise yourself with the key concepts of actuarial science and insurance consulting. Understanding terms like Solvency II, capital management, and risk assessment will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Practice your communication skills by explaining complex actuarial concepts to friends or family members who may not have a background in the field. This will prepare you for the diverse audiences you'll encounter in the role.
✨Tip Number 3
Network with professionals in the actuarial and insurance sectors. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at StudySmarter.
✨Tip Number 4
Prepare for the virtual assessment centre by researching common interview questions related to actuarial consulting. Think about how your skills align with the responsibilities outlined in the job description to showcase your fit for the role.
We think you need these skills to ace Actuarial Insurance Consulting Graduate Programme - Non-Life - Dublin
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description. Understand the key responsibilities and requirements of the Actuarial Insurance Consulting Graduate Programme, as this will help you tailor your application.
Tailor Your CV: Highlight relevant skills and experiences in your CV that align with the role. Emphasise your mathematical and technical abilities, as well as any experience in consulting or communication, to demonstrate your fit for the position.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for actuarial consulting. Discuss how your background and skills make you an ideal candidate, and mention your eagerness to contribute to the team and learn from experienced professionals.
Prepare for Online Assessments: Be ready for the online assessment and video interview by practising common interview questions and reviewing actuarial concepts. This preparation will help you communicate your knowledge effectively and demonstrate your problem-solving skills.
How to prepare for a job interview at Industry Placements
✨Understand the Role
Make sure you have a solid grasp of what the Actuarial Insurance Consulting Graduate Programme entails. Familiarise yourself with the key responsibilities and the types of projects you might be involved in, such as financial reporting and risk management.
✨Showcase Your Communication Skills
Since the role requires explaining complex concepts to diverse audiences, practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated technical information in the past, especially to non-technical stakeholders.
✨Demonstrate Problem-Solving Abilities
Be ready to discuss specific instances where you've tackled intricate problems. Highlight your analytical skills and innovative approaches, as these are crucial for success in consulting roles.
✨Prepare Questions for the Interviewers
Engage with your interviewers by preparing thoughtful questions about the company culture, team dynamics, and the types of clients you'll work with. This shows your genuine interest in the role and helps you assess if it's the right fit for you.