Senior Actuarial Consultant

Senior Actuarial Consultant

Full-Time 60000 - 84000 £ / year (est.) Home office (partial)
M

At a Glance

  • Tasks: Join a dynamic team to lead actuarial projects and drive innovative solutions.
  • Company: Miryco Consultants partners with top-tier firms to attract elite actuarial talent in London.
  • Benefits: Enjoy a competitive salary, hybrid work options, and performance bonuses.
  • Why this job: Be part of a forward-thinking consultancy that values creativity and offers impactful work.
  • Qualifications: Bachelor’s or Master’s in a relevant field with 2+ years of actuarial experience preferred.
  • Other info: No sponsorship available; follow us on LinkedIn for more opportunities.

The predicted salary is between 60000 - 84000 £ per year.

Miryco Consultants is working with an elite management consultancy to headhunt top actuarial talent to join their growing team in London. An entrepreneurial business, open to speaking with talent at a range of levels, our client continues to attract some of the highest-performing consultants in the market.

Responsibilities:

  • Independent reserve reviews, plus process transformation and automation initiatives, methodology reviews and customisable reserve implementations.
  • M&A due diligence work, including management support and strategy, model build, and development of projected UK statutory distributable earnings and future new business value.
  • IFRS 17 and Solvency II support, as well as independent expert roles.
  • Risk management and support, including validation, risk appetite reviews and oversight, as well as emerging practice on climate risk.
  • Actuarial model conversions and optimisation (Reserving, Pricing, Capital).
  • Client and industry presentations, surveys, case studies and wider marketing support and business development including managing proposals, tenders and other stakeholder management.
  • Development and maintenance of intellectual capital, including involvement with the latest data science techniques and cutting edge methodologies from quantitative finance.

Desired Skills (not all essential):

  • Bachelor’s or Master’s degree, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field.
  • Minimum 2 years of relevant Property & Casualty actuarial experience.
  • Either part or fully qualified actuary (FIA or equivalent).
  • Knowledge of finance and/or risk management topics, including technical aspects such as Solvency II internal models, ORSA and IFRS17.
  • SAO Signing certificate or knowledge of the SAO year end process.
  • Lloyds of London Capital Requirements.
  • Strong modelling skills with practical experience in at least one coding language (e.g., R, Python) would be preferred.

Location: London (Hybrid)

Salary: £70,000 - £90,000 + bonus (Dependant on experience)

Please note, our client is unable to offer sponsorship for this opportunity. Finally, should you not be contacted within five working days of submitting your application, then unfortunately you have not been shortlisted for the opportunity. We will however, be in touch should there be any other opportunities of potential interest that are suiting to your skills. For similar opportunities, follow Miryco Consultants on LinkedIn.

Senior Actuarial Consultant employer: Miryco Consultants Ltd

Miryco Consultants offers an exceptional work environment for Senior Actuarial Consultants in London, characterised by a dynamic and entrepreneurial culture that fosters innovation and collaboration. Employees benefit from competitive salaries, performance bonuses, and opportunities for professional growth through exposure to cutting-edge methodologies and the latest data science techniques. With a focus on employee development and a commitment to maintaining a diverse and inclusive workplace, this consultancy stands out as a top choice for actuaries seeking meaningful and rewarding careers.
M

Contact Detail:

Miryco Consultants Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuarial Consultant

✨Tip Number 1

Network with professionals in the actuarial field, especially those who work in management consultancy. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture.

✨Tip Number 2

Familiarise yourself with the latest developments in IFRS 17 and Solvency II regulations. Being well-versed in these topics will not only boost your confidence but also demonstrate your commitment to staying updated in the field.

✨Tip Number 3

Prepare to discuss your experience with actuarial model conversions and optimisation during interviews. Be ready to share specific examples of how you've applied your modelling skills in real-world scenarios.

✨Tip Number 4

Showcase your coding skills by being prepared to discuss projects where you've used languages like R or Python. Highlight any innovative solutions you've developed that could be relevant to the role.

We think you need these skills to ace Senior Actuarial Consultant

Actuarial Modelling
Risk Management
IFRS 17 Knowledge
Solvency II Expertise
Statistical Analysis
Data Science Techniques
Quantitative Finance Methodologies
Process Transformation
Automation Initiatives
Client Presentation Skills
Stakeholder Management
Proposals and Tender Management
Strong Coding Skills (R, Python)
Property & Casualty Actuarial Experience
SAO Signing Certificate Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in actuarial science, particularly in areas like reserve reviews, M&A due diligence, and risk management. Use specific examples to demonstrate your skills and achievements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your qualifications, such as your degree and any relevant certifications, and explain how your experience aligns with the responsibilities outlined in the job description.

Highlight Technical Skills: Emphasise your technical skills, especially in coding languages like R or Python, and your knowledge of Solvency II and IFRS 17. Provide examples of how you've applied these skills in previous roles to solve complex problems.

Follow Up: After submitting your application, consider sending a polite follow-up email to express your continued interest in the position. This can help keep you on the radar of the hiring team at Miryco Consultants.

How to prepare for a job interview at Miryco Consultants Ltd

✨Showcase Your Technical Skills

As a Senior Actuarial Consultant, you'll need to demonstrate your strong modelling skills and familiarity with coding languages like R or Python. Be prepared to discuss specific projects where you've applied these skills, as well as any relevant experience with Solvency II or IFRS 17.

✨Understand the Business Context

Familiarise yourself with the consultancy's focus areas, such as M&A due diligence and risk management. Showing that you understand how your role fits into the bigger picture will impress interviewers and highlight your strategic thinking.

✨Prepare for Case Studies

Expect to tackle case studies during the interview process. Practise articulating your thought process clearly and logically, as this will showcase your problem-solving abilities and how you approach complex actuarial challenges.

✨Demonstrate Your Communication Skills

You'll likely be involved in client presentations and stakeholder management, so it's crucial to convey your ideas effectively. Prepare examples of how you've successfully communicated complex information to non-technical audiences in the past.

M
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>