At a Glance
- Tasks: Provide independent risk challenge and strategic insight across insurance activities.
- Company: Leading London Market insurer with a focus on innovation and governance.
- Benefits: Competitive salary up to £140,000, bonus, and hybrid working options.
- Other info: Exciting opportunity for career growth in a collaborative setting.
- Why this job: Make a real impact in risk management within a dynamic insurance environment.
- Qualifications: Strong risk management experience and communication skills; qualified actuary preferred.
The predicted salary is between 84000 - 196000 £ per year.
North Co Recruitment are working with a London Market insurer to appoint a senior actuary into a second-line risk function, focused on quantitative risk oversight across the business. This is a high-impact role providing independent risk challenge, strategic insight and governance input across core underwriting, pricing, capital and financial risk activities.
What you’ll do
- Provide independent risk challenge to first-line functions across insurance activities.
- Deliver risk analysis, insight and reporting to support executive and board-level decision making.
- Lead deep-dive reviews into material risk areas and emerging risk themes.
- Contribute to enterprise risk processes, stress testing and solvency assessments.
- Support the evolution of risk governance frameworks and control structures.
- Work closely with senior stakeholders across actuarial, underwriting, finance and capital functions.
- Act as a trusted risk advisor on complex technical and commercial risk issues.
What we’re looking for
- Strong risk management experience within an insurance environment.
- Background in insurance and financial risk, with exposure to solvency, capital and enterprise risk frameworks.
- Experience providing independent challenge and oversight to first-line functions.
- Qualified actuary preferred, or equivalent depth of technical risk experience.
- Strong communication skills with the ability to engage senior technical and non-technical stakeholders.
- Structured, pragmatic and commercially aware approach to risk management.
- Interest in complex risk environments within specialty insurance / London Market contexts.
Salary: Up to £140,000, plus bonus & benefits.
Location: London, Hybrid working.
Please note, the client is unable to offer sponsorship for this opportunity.
Senior Risk Actuary employer: North Co Recruitment
Join a dynamic scale-up management consultancy that thrives at the intersection of consulting expertise and innovative SaaS technology. With a collaborative work culture and a focus on employee growth, this role offers you the chance to engage with leading financial institutions while driving impactful transformation programmes. Enjoy competitive compensation, a discretionary bonus, and the flexibility of a hybrid working model in London, making it an excellent opportunity for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Actuary
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like North Co Recruitment looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Risk Actuary
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at North Co Recruitment. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at North Co Recruitment
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with North Co Recruitment’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
