At a Glance
- Tasks: Lead the development and maintenance of the internal capital model for a major insurance client.
- Company: Join a leading UK General Insurance firm focused on innovative actuarial solutions.
- Benefits: Enjoy competitive pay, flexible working options, and access to industry experts.
- Why this job: Be part of a dynamic team shaping capital strategy with real impact in the insurance sector.
- Qualifications: Qualified Actuaries with a strong Capital background in General or Non-Life Insurance are encouraged to apply.
- Other info: Applicants must be eligible to work in the UK without sponsorship.
The predicted salary is between 48000 - 72000 £ per year.
MERJE are working with a major UK General Insurance client in their search for a Capital Modelling Actuary to lead Capital activity within the Actuarial function. This will largely be centred around leading the development and maintenance of the internal capital model ensuring Capital strategy is achieved. This includes the planning and execution of key model deliverables.
We're looking for Qualified Actuaries (including qualified by experience) with a significant Capital background in the General Insurance / Non-Life Insurance remit. Software experience in any of Tyche, Igloo or Remetrica will be sufficient, although this role is more Capital Strategy than deep dive of the model software - you will have access to experts in the business around this.
Applicants must be located and eligible to work in the UK without sponsorship.
Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website.
If you would like this job advertisement in an alternative format, please contact MERJE directly.
Capital Modelling Lead Actuary - General Insurance employer: MERJE Ltd
Contact Detail:
MERJE Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Modelling Lead Actuary - General Insurance
✨Tip Number 1
Network with professionals in the General Insurance sector, especially those who are already working in capital modelling roles. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends in capital strategy.
✨Tip Number 2
Familiarise yourself with the specific software mentioned in the job description, such as Tyche, Igloo, or Remetrica. Even if the role focuses more on capital strategy, having a solid understanding of these tools can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your previous experience in capital modelling during interviews. Be ready to share specific examples of how you've contributed to capital strategy in past roles, highlighting your leadership skills and ability to deliver key model deliverables.
✨Tip Number 4
Stay updated on regulatory changes and market developments in the General Insurance sector. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your proactive approach to staying informed.
We think you need these skills to ace Capital Modelling Lead Actuary - General Insurance
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Capital Modelling Lead Actuary. Familiarise yourself with key terms and concepts related to capital modelling in general insurance.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in capital modelling and any relevant software knowledge, such as Tyche, Igloo, or Remetrica. Be specific about your achievements and how they relate to the role.
Tailor Your Application: Customise your application materials to reflect the job description. Use keywords from the job listing to demonstrate that you meet the qualifications and are a good fit for the company’s needs.
Proofread Your Documents: Before submitting your application, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in actuarial roles.
How to prepare for a job interview at MERJE Ltd
✨Showcase Your Capital Expertise
Make sure to highlight your experience in capital modelling and strategy during the interview. Be prepared to discuss specific projects you've led or contributed to, especially those related to General Insurance.
✨Familiarise Yourself with Relevant Software
Even though the role focuses more on Capital Strategy than deep software knowledge, having a basic understanding of Tyche, Igloo, or Remetrica will be beneficial. Mention any relevant software experience you have to demonstrate your technical competence.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and decision-making abilities in capital modelling scenarios. Practise articulating your thought process and how you would approach various challenges in the role.
✨Understand the Company's Capital Strategy
Research the company's current capital strategy and any recent developments in the General Insurance sector. This will allow you to ask informed questions and show your genuine interest in the role and the company.