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For Companies At a Glance
- Tasks: Dive into a dynamic role assessing portfolios and collaborating with senior leadership.
- Company: Join a leading firm in insurance and financial services, shaping the future of risk management.
- Benefits: Enjoy a full-time position with opportunities for professional growth and skill development.
- Why this job: Perfect for student actuaries eager to gain hands-on experience in a supportive environment.
- Qualifications: Must be progressing toward an actuarial qualification with strong analytical and Excel skills.
- Other info: No sponsorship available; apply quickly to be considered for this exciting opportunity!
The predicted salary is between 28800 - 48000 £ per year.
This is a dynamic role with exposure at the commercial centre of the business, working closely with senior leadership to assess the portfolio. If you are a student actuary looking to develop in a high-quality environment, this would be an excellent step forward.
Responsibilities:
- Work closely with group functions, in particular the reinsurance operation.
- Perform User Acceptance Testing (UAT) for new portfolios/transactions.
- Support reserving, capital modelling, and regulatory reporting.
- Assist in risk assessments and portfolio monitoring.
- Contribute to regulatory submissions and model validation.
About You:
- Progressing toward an actuarial qualification (IFoA or equivalent).
- Experience in actuarial, insurance, or reinsurance roles.
- Strong analytical and Excel skills (VBA & ResQ preferred).
- Excellent communication and problem-solving abilities.
Please note, our client is unable to offer sponsorship for this opportunity. If you are not contacted within five working days of submitting your application, you have not been shortlisted. We will, however, be in touch should there be any other opportunities that suit your skills.
Seniority Level
Associate
Employment Type
Full-time
Job Function
Analyst, Finance, and Consulting
Industries
Insurance, Insurance Agencies and Brokerages, and Financial Services
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Actuarial Associate employer: Miryco Consultants Ltd
Contact Detail:
Miryco Consultants Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Associate
✨Tip Number 1
Make sure to familiarize yourself with the latest trends in the insurance and reinsurance sectors. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who work in roles similar to the Actuarial Associate position. Attend industry events or join online forums to connect and learn from their experiences.
✨Tip Number 3
Brush up on your Excel skills, particularly in VBA and ResQ, as these are preferred tools for this role. Consider taking online courses or practicing with real datasets to enhance your proficiency.
✨Tip Number 4
Prepare for potential case studies or technical assessments that may be part of the interview process. Practicing problem-solving scenarios related to risk assessments and portfolio monitoring can give you an edge.
We think you need these skills to ace Actuarial Associate
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Actuarial Associate position. Understand the responsibilities and required skills, especially focusing on actuarial qualifications and experience in insurance or reinsurance.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience you have in actuarial roles, particularly in areas like reserving, capital modeling, and regulatory reporting. Use specific examples to demonstrate your analytical skills and proficiency in Excel.
Tailor Your Application: Customize your application materials to reflect the specific requirements of the role. Mention your progress toward an actuarial qualification and how your skills align with the needs of the company, particularly in relation to User Acceptance Testing and risk assessments.
Follow Up: After submitting your application, consider sending a brief follow-up email if you haven't heard back within a week. This shows your enthusiasm for the position and keeps you on their radar.
How to prepare for a job interview at Miryco Consultants Ltd
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, be prepared to discuss specific examples where you've used these skills. Highlight any relevant projects or experiences that demonstrate your proficiency in data analysis and problem-solving.
✨Familiarize Yourself with UAT Processes
User Acceptance Testing (UAT) is a key responsibility in this position. Make sure you understand the UAT process and be ready to explain how you would approach testing new portfolios or transactions. This will show your readiness for the role.
✨Communicate Clearly and Effectively
Excellent communication is crucial in this role, especially when working with senior leadership. Practice articulating your thoughts clearly and concisely. Be prepared to discuss how you would convey complex actuarial concepts to non-technical stakeholders.
✨Demonstrate Your Commitment to Actuarial Qualifications
As a student actuary, it's important to express your dedication to achieving your actuarial qualifications. Discuss your progress towards certification and any relevant coursework or exams you've completed. This shows your commitment to professional development.
