At a Glance
- Tasks: Shape capital insights and support strategic decision-making in a dynamic insurance environment.
- Company: Highly respected specialty insurer with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Engage with senior stakeholders and enhance your analytical skills in a supportive team.
- Why this job: Make a real impact on business growth and capital optimisation strategies.
- Qualifications: FIA qualified with capital modelling experience in the Lloyd's or London Market.
The predicted salary is between 60750 - 74250 £ per year.
This is an excellent opportunity for a qualified actuary looking to take on a broad and commercially focused capital role within a highly respected specialty insurer. Working alongside senior stakeholders across Underwriting, Risk and Finance, you'll play a key role in shaping capital insights and supporting strategic decision-making.
Key Responsibilities
- Support the maintenance, enhancement and governance of the internal capital model.
- Deliver capital analyses to support underwriting strategy, business planning and portfolio management.
- Produce and communicate capital model results to senior stakeholders across the business.
- Support regulatory reporting requirements, including Solvency UK and ORSA activities.
- Contribute to model validation, documentation and parameter reviews.
- Assess the capital impact of underwriting and reinsurance decisions.
- Support strategic projects relating to capital optimisation and business growth.
- Develop and enhance modelling processes, tools and reporting capabilities.
- Partner with teams across Actuarial, Risk, Finance and Underwriting to provide capital insight and challenge.
About You
- FIA qualified (or equivalent).
- Previous capital modelling experience gained within the Lloyd's or London Market.
- Strong understanding of Solvency UK and regulatory capital requirements.
- Experience working with Igloo.
- Excellent analytical and problem-solving skills.
- Strong communication skills with the ability to engage effectively with a range of stakeholders.
- Commercial mindset and an interest in supporting wider business strategy.
- Programming experience (Python, R, SQL or VBA) would be advantageous but is not essential.
Capital Actuary - London Market employer: International Association of Insurance Professionals (IAIP)
Join a leading global bank that values its employees and fosters a collaborative work culture in the heart of London. With a focus on professional development, this role offers you the chance to enhance your skills in a dynamic international banking environment while enjoying the benefits of hybrid working. The bank is committed to supporting your growth through exposure to diverse teams and projects, making it an excellent employer for those seeking meaningful and rewarding employment.
Contact Details:
International Association of Insurance Professionals (IAIP) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Capital Actuary - London Market
✨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 International Association of Insurance Professionals (IAIP)). 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 International Association of Insurance Professionals (IAIP). 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 Capital Actuary - London Market
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 International Association of Insurance Professionals (IAIP).
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at International Association of Insurance Professionals (IAIP). 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 International Association of Insurance Professionals (IAIP)
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at International Association of Insurance Professionals (IAIP) 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 International Association of Insurance Professionals (IAIP), 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 International Association of Insurance Professionals (IAIP)'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.
