At a Glance
- Tasks: Lead delivery of actuarial projects, managing teams for general insurance clients.
- Company: Tier 1 Management Consultancy expanding due to high client demand.
- Benefits: Competitive salary, professional development, and diverse project opportunities.
- Other info: Opportunity to work on exciting projects in a collaborative environment.
- Why this job: Join a dynamic team and make an impact in the Non-Life Actuarial sector.
- Qualifications: Nearly or fully qualified actuary with experience in Non-Life General Insurance.
The predicted salary is between 60000 - 80000 £ per year.
This Tier 1 Management Consultancy are currently looking for an Actuarial Consultant in the Non-Life Actuarial function. This is a new role as they continue to expand the team due to increasing levels of client demand for their expertise.
In this role you will take a lead delivery role, managing small teams of advisors and auditors to a wide range of general insurance companies, in the Retail and Commercial sectors, including within Lloyd's and the London Market. You will get the opportunity to work on a wide range of projects from pricing transformations to governance to data enrichment.
In order to secure this Actuarial Consulting role you must be nearly or fully Qualified and have good experience in either an Actuarial Consultancy or internally for a major corporation. You will also need experience in the following areas:
- Must have experience of working in a Non-Life Actuarial, General Insurance sector
- A demonstrable background in pricing for London Market insurance
- In depth experience of using Hx Renew
- Proven experience in pricing model or technology transformation programme
- Understanding of regulatory requirements relevant to pricing governance
- Experience of managing and building good relationships with Senior Executive levels
- Evidence of working on challenging projects, and collaborating with teams from other business groups
Actuarial Consultants - Non-Life employer: Lorien
As a leading Tier 1 Management Consultancy, we pride ourselves on fostering a dynamic and inclusive work culture that encourages professional growth and collaboration. Our Actuarial Consultants benefit from a wealth of opportunities to engage with high-profile clients in the Non-Life sector, while enjoying a supportive environment that values innovation and teamwork. Located in the heart of London, our team members have access to a vibrant city life, alongside competitive benefits and a commitment to continuous learning and development.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Consultants - Non-Life
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in non-life insurance. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and industry knowledge. We recommend practising common actuarial scenarios and case studies that might come up during the interview process.
✨Tip Number 3
Showcase your leadership skills! Since this role involves managing teams, be ready to discuss your experience in leading projects and how you’ve built relationships with senior executives.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Actuarial Consultants - Non-Life
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Actuarial Consultant role. Highlight your experience in Non-Life Actuarial and any relevant projects you've worked on, especially those involving pricing transformations or governance.
Showcase Your Skills:Don’t just list your qualifications; showcase your skills! Talk about your experience with Hx Renew and any pricing model transformations you've been involved in. We want to see how you can bring value to our team.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Make it personal and engaging – we love a good story!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Lorien
✨Know Your Numbers
Brush up on your actuarial knowledge, especially in Non-Life and General Insurance. Be ready to discuss specific pricing models and transformations you've worked on, as well as how you’ve navigated regulatory requirements. This shows you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Leadership Skills
Since this role involves managing small teams, be prepared to share examples of how you've led projects or teams in the past. Highlight your ability to build relationships with senior executives and how you’ve successfully collaborated across different business groups.
✨Prepare for Technical Questions
Expect technical questions related to Hx Renew and pricing governance. Review your experience with these tools and be ready to explain how you’ve used them in previous roles. It’s a great opportunity to demonstrate your expertise and problem-solving skills.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready about the company’s approach to pricing transformations or their vision for the Non-Life Actuarial function. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
