At a Glance
- Tasks: Support insurers with complex risk and capital challenges in the general insurance market.
- Company: Leading consulting firm with a focus on innovation and collaboration.
- Benefits: Flexible working, private medical coverage, volunteer leave, and competitive pay.
- Other info: Opportunities for mentorship and career growth in a dynamic environment.
- Why this job: Join high-profile projects and make a real impact in the insurance industry.
- Qualifications: Experience in actuarial consulting, capital modelling, and strong communication skills.
The predicted salary is between 70000 - 90000 £ per year.
A leading consulting and advisory firm is seeking an experienced Senior Manager to join its growing Non-Life Actuarial Risk & Capital team. The role focuses on supporting insurers and related organisations with complex risk, capital, and regulatory challenges across the general insurance market. This position offers the opportunity to work on high-profile projects involving capital modelling, enterprise risk management, regulatory change, and strategic advisory work across a broad client base.
Key Responsibilities
- Provide actuarial and strategic advisory services across:
- Capital modelling and validation
- Solvency and regulatory frameworks
- Financial modelling and forecasting
- Mergers and acquisitions
- Business planning and restructuring
- Lead and deliver multiple actuarial and multidisciplinary engagements simultaneously.
- Serve as a senior point of contact for clients and stakeholders.
- Support organisations in understanding and quantifying risk exposures and capital impacts.
- Contribute to the development of actuarial propositions and market offerings in areas such as ESG and climate risk.
- Mentor, coach, and develop junior team members.
Candidate Profile
- Strong experience in general insurance actuarial consulting or industry roles.
- Expertise in capital modelling, risk management, or model validation.
- Good understanding of insurance risk drivers and dependency modelling.
- Experience communicating complex technical matters to senior stakeholders.
- Commercial awareness of current challenges facing the insurance market.
- Exposure to areas such as:
- Solvency II
- IFRS 17
- Reserving and pricing
- Catastrophe risk
- ESG and climate risk
- Experience with capital modelling tools such as Igloo, ReMetrica, or Tyche would be advantageous.
Skills & Experience
- Risk and capital modelling
- Financial and actuarial analysis
- Leadership and stakeholder management
- Project delivery and team management
- Quantitative problem-solving
- Client relationship management
- Strong communication and presentation skills
Benefits
- The organisation offers a flexible and collaborative working environment, including:
- Hybrid working arrangements
- Private medical coverage
- Volunteer leave opportunities
- Competitive compensation and benefits package
Additional Information
- Sponsorship may be available depending on circumstances.
- Travel requirements will vary depending on client engagements.
Non-Life Actuary - Risk & Capital employer: McGregor Boyall
Join a leading consulting and advisory firm that prioritises employee growth and well-being, offering a flexible and collaborative working environment. As a Non-Life Actuary in our Risk & Capital team, you will engage in high-profile projects while benefiting from competitive compensation, private medical coverage, and opportunities for mentorship and professional development. Our commitment to innovation and support for volunteer initiatives makes this an exceptional place to advance your career in the dynamic insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Non-Life Actuary - Risk & Capital
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend using the STAR method to structure your answers, showcasing your experience in capital modelling and risk management. Remember, confidence is key!
✨Showcase Your Skills
Create a portfolio or a presentation that highlights your expertise in areas like Solvency II and ESG risks. We want to see how you can add value to the team, so make sure to demonstrate your problem-solving skills and project delivery experience.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and genuinely interested in joining our Non-Life Actuarial Risk & Capital team.
We think you need these skills to ace Non-Life Actuary - Risk & Capital
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Non-Life Actuary role. Highlight your experience in capital modelling and risk management, and don’t forget to mention any relevant tools you’ve used like Igloo or ReMetrica.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for our team. Share specific examples of your past work that align with the responsibilities listed in the job description, especially around strategic advisory services.
Showcase Your Communication Skills:Since you'll be communicating complex technical matters to senior stakeholders, make sure your application reflects your strong communication skills. Use clear and concise language to demonstrate your ability to convey intricate ideas.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at McGregor Boyall
✨Know Your Numbers
Brush up on your capital modelling and risk management knowledge. Be ready to discuss specific examples from your past experience, especially those involving Solvency II or IFRS 17. This will show that you’re not just familiar with the concepts but can apply them in real-world scenarios.
✨Speak Their Language
Make sure you can communicate complex actuarial concepts clearly and concisely. Practice explaining technical matters to someone without an actuarial background. This will help you demonstrate your ability to engage with senior stakeholders effectively.
✨Showcase Your Leadership Skills
Prepare to discuss your experience mentoring and developing junior team members. Highlight specific instances where you led a project or initiative, showcasing your leadership style and how you manage teams to deliver results.
✨Stay Current on Industry Trends
Familiarise yourself with the latest challenges in the insurance market, particularly around ESG and climate risk. Being able to discuss these topics will show your commercial awareness and commitment to staying informed about industry developments.
