At a Glance
- Tasks: Analyse data, support capital management, and enhance actuarial models.
- Company: Join a leading life insurance firm with a focus on innovation.
- Benefits: Competitive salary, professional development, and collaborative team environment.
- Other info: Engage with senior stakeholders and work on strategic projects.
- Why this job: Make a real impact in capital initiatives and learn from experienced actuaries.
- Qualifications: Nearly qualified or newly qualified actuary with UK life insurance experience.
The predicted salary is between 50000 - 60000 £ per year.
Key Responsibilities
- Analyse demographic and economic experience to support actuarial assumptions.
- Perform calibration of stresses within the internal capital model.
- Design, execute and review stress testing to support internal model development and capital management.
- Support the ongoing enhancement and validation of capital methodologies.
- Produce high-quality actuarial analysis and reporting to support regulatory requirements and business decision-making.
- Contribute to capital and change projects, including model enhancements and process improvements.
- Present technical findings and recommendations to a range of stakeholders across the business.
- Support the continuous development of actuarial models, assumptions and methodologies.
About You
This opportunity is suited to a nearly qualified or newly qualified actuary looking to develop their career within capital and risk.
To be successful, you'll have:
- Nearly qualified (typically 1-2 actuarial exams remaining) or recently qualified.
- Experience within UK life insurance.
- A strong understanding of Solvency II / Solvency UK requirements (essential).
- Experience in one or more of: Internal model development or maintenance, Capital management, Actuarial risk management, Exposure to calibration, stress testing or capital modelling activities.
- Strong analytical skills and the ability to apply sound actuarial judgement to complex problems.
- Excellent communication skills, with the confidence to explain technical concepts to a range of stakeholders and build effective working relationships across the business.
- Experience using Emblem, GLMs or R would be advantageous.
Why Apply?
- Significant involvement in internal model calibration and stress testing.
- Exposure to strategic capital initiatives and business change projects.
- A collaborative actuarial team with opportunities to learn from experienced colleagues.
- Regular interaction with senior stakeholders across Finance and Risk.
- A role that combines technical depth with commercial impact.
Life Actuary (Capital) in London employer: Oliver James Associates Ltd.
Join a dynamic and collaborative actuarial team where your contributions to internal model calibration and stress testing will directly impact strategic capital initiatives. With a strong focus on employee development, you'll have the opportunity to learn from experienced colleagues while engaging with senior stakeholders across Finance and Risk. Our supportive work culture fosters continuous growth and innovation, making this an excellent place for nearly qualified or newly qualified actuaries to thrive in their careers.
Contact Details:
Oliver James Associates Ltd. Recruitment Team
