At a Glance
- Tasks: Deliver actuarial and risk advisory services across various projects in the insurance market.
- Company: Established professional services firm with a focus on innovation and collaboration.
- Benefits: Flexible working, private medical coverage, volunteer leave, and competitive compensation.
- Other info: Opportunity for mentorship and professional development in a supportive environment.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Experience in general insurance actuarial consulting and strong project management skills.
The predicted salary is between 60000 - 80000 £ per year.
An established professional services and consulting organisation is seeking a Manager to join its Non-Life Actuarial practice. The team advises insurers, reinsurers, regulators, investors, and related businesses across a broad range of actuarial, risk, and regulatory matters. This role offers exposure to a wide variety of engagements across reserving, pricing, capital modelling, financial reporting, risk management, and strategic transformation projects within the general insurance market.
Key Responsibilities
- Deliver actuarial and risk advisory services across areas such as:
- Solvency and capital management
- Risk management and governance
- Financial modelling and forecasting
- Mergers and acquisitions
- Regulatory change and reporting
- Business planning and operational improvement
- Manage multiple concurrent actuarial and multidisciplinary projects.
- Act as a key point of contact for clients and stakeholders.
- Collaborate with colleagues across different business areas and international teams.
- Support the development of actuarial propositions, methodologies, and training initiatives.
- Mentor and coach junior team members, supporting their professional development.
Candidate Profile
- The ideal candidate will have:
- Experience within general insurance actuarial consulting or industry.
- Strong project management and delivery experience.
- Knowledge of reserving and/or pricing methodologies.
- Familiarity with key regulatory and actuarial frameworks such as:
- Solvency II
- IFRS 17
- Risk and capital modelling
- Excellent communication and stakeholder management skills.
- Commercial awareness and understanding of challenges facing the insurance market.
- Experience with Lloyd’s market or Statement of Actuarial Opinion (SAO) work would be advantageous.
Skills & Experience
- Actuarial analysis and modelling
- Data analysis and interpretation
- Client relationship management
- Leadership and team development
- Strong analytical and problem-solving capabilities
Additional Information
- Sponsorship may be available depending on circumstances.
- The organisation offers a flexible and supportive working environment, including:
- Hybrid working arrangements
- Private medical coverage
- Volunteer leave initiatives
- Competitive compensation and benefits package
Non-Life Actuary - Pricing employer: McGregor Boyall
Join a leading professional services and consulting organisation that values its employees through a flexible and supportive work culture. With opportunities for hybrid working, private medical coverage, and a commitment to employee development, this role as a Non-Life Actuary - Pricing not only offers meaningful engagement with diverse clients but also fosters professional growth in a collaborative environment. Be part of a team that encourages mentorship and innovation while navigating the dynamic landscape of the insurance market.
StudySmarter Expert Advice🤫
We think this is how you could land Non-Life Actuary - Pricing
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and soft skills. Practice common actuarial scenarios and be ready to discuss your experience with pricing methodologies. We want you to shine when it’s your turn to impress!
✨Tip Number 3
Showcase your project management skills! Be ready to talk about how you've managed multiple projects in the past. Highlight your ability to juggle tasks and deliver results, as this is key in the fast-paced world of actuarial consulting.
✨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 and engaged with our organisation. Let’s get you that dream job!
We think you need these skills to ace Non-Life Actuary - Pricing
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Non-Life Actuary role. Highlight your experience in general insurance actuarial consulting, project management, and any relevant methodologies like Solvency II or IFRS 17.
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 makes you a perfect fit. Don’t forget to mention your experience with client relationship management and mentoring junior team members.
Showcase Your Analytical Skills:Since this role involves actuarial analysis and modelling, be sure to include specific examples of your analytical and problem-solving capabilities. This will help us see how you can contribute to our team right from the start.
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 McGregor Boyall
✨Know Your Numbers
As a Non-Life Actuary, you'll need to be comfortable with data analysis and financial modelling. Brush up on your knowledge of reserving and pricing methodologies, and be ready to discuss how you've applied these in past roles. This will show your expertise and confidence in the field.
✨Showcase Project Management Skills
Since managing multiple concurrent projects is key in this role, prepare examples that highlight your project management experience. Talk about specific challenges you faced, how you overcame them, and the successful outcomes. This will demonstrate your ability to deliver under pressure.
✨Understand Regulatory Frameworks
Familiarity with Solvency II and IFRS 17 is crucial. Make sure you can discuss these frameworks and their implications for the insurance market. Being able to articulate your understanding will impress interviewers and show that you're well-prepared for the role.
✨Engage with Stakeholders
Excellent communication and stakeholder management skills are essential. Prepare to discuss how you've built relationships with clients and colleagues in the past. Share examples of how you’ve collaborated across teams or mentored junior members, as this aligns with the role's responsibilities.
