At a Glance
- Tasks: Lead regulatory reporting and reserving analytics for a global insurance organisation.
- Company: Join a leading global insurer with a strong reputation.
- Benefits: Earn £862 per day with hybrid working options.
- Other info: Long-term contract with opportunities for mentorship and career growth.
- Why this job: Make a significant impact on high-profile projects and work closely with senior leaders.
- Qualifications: Qualified Actuary status and experience in Solvency II regulations required.
The predicted salary is between 70000 - 90000 £ per year.
An exciting opportunity has arisen for an experienced Actuarial Reserving Lead to join a leading global insurance organisation, taking ownership of regulatory reporting and reserving analytics across the UK and EMEA. This is a high-impact role where you'll lead the delivery of key regulatory reporting requirements, work closely with senior actuarial stakeholders, and help shape the ongoing development of reserving models and reporting processes.
The Role
- Leading the production of Solvency II and Solvency UK technical provisions and Pillar III reporting.
- Managing actuarial reporting activities and coordinating input from key stakeholders.
- Reviewing and enhancing technical provision models and reporting templates.
- Supporting capital model calibration and analysing reserving assumptions.
- Responding to regulatory requests from the PRA and other governing bodies.
- Producing reserving and cashflow analysis to support business planning and investment decisions.
- Managing and mentoring junior actuarial team members while driving continuous improvement across the function.
About You
- Qualified Actuary status (or equivalent experience).
- Significant experience working within the Solvency II / Solvency UK regulatory framework.
- Strong reserving and regulatory reporting experience within the insurance sector.
- Excellent analytical and problem-solving skills.
- Experience using Excel, VBA, SQL or similar programming tools.
- Strong stakeholder management and leadership experience.
What's on Offer
- £862 per day
- Hybrid working based in London
- Opportunity to join a globally recognised insurer
- High-profile project work with senior leadership exposure
- Long-term contract with an immediate start available
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Specialist (Full Time) in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Insight Select). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Insight Select. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Commercial Specialist (Full Time) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Insight Select.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Insight Select. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Insight Select
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Insight Select to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Insight Select, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Insight Select's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
