At a Glance
- Tasks: Join a dynamic team to tackle complex actuarial modelling challenges and drive innovation.
- Company: Leading international life insurer with a focus on growth and development.
- Benefits: Competitive salary, career progression, and international exposure in a supportive environment.
- Other info: Opportunity to learn and grow in a technically demanding role with global reach.
- Why this job: Fast-track your career while working on impactful projects with senior leadership.
- Qualifications: Recently qualified Life Actuary or close to qualification with strong technical skills.
The predicted salary is between 59400 - 72600 £ per year.
A leading international life insurer is looking for a recently qualified Life Actuary to join its Group Risk Modelling team.
This is a highly technical opportunity for someone looking to build their career across capital, risk and actuarial modelling, with genuine scope to develop and take ownership.
The Role
You will work closely with senior actuarial leadership across a range of technical modelling activity, including:
- IFRS 17 liquidity premium modelling and calibration
- Capital and economic risk modelling
- Market and credit risk modelling
- Stochastic modelling and calibration
- Model development, methodology and validation
- Solvency II and balance sheet modelling
- Technical modelling projects across the Group
- Supporting the organisation's growing APAC operations
- Working with and providing technical guidance to an international actuarial team
About You
We are looking for a recently qualified Life Actuary, or someone close to qualification, with a strong technical modelling background.
Ideally, you will have experience across areas such as
- Capital or risk modelling
- Solvency II / SCR
- Stochastic modelling
- Market or credit risk
- Model development and calibration
- R, MATLAB, VBA, Python, Excel or similar
Most importantly, you will enjoy getting into the detail of how models work and be comfortable developing, challenging and explaining technical methodology.
APAC experience is useful but not essential.
The ability to learn new technical and regulatory requirements is more important.
Why This Role?
This is a great opportunity to develop quickly within a technically demanding environment, working closely with senior actuarial leadership and gaining international exposure through the growing APAC agenda.
You’ll have the opportunity to build expertise across capital, risk, IFRS 17 and stochastic modelling while taking genuine ownership of technical work.
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Manager – Actuarial Risk Modelling employer: Oliver James Associates Ltd.
Oliver James Associates Ltd. is an excellent employer, offering a dynamic work environment within a long-established London Market Insurance firm that values flexibility and employee well-being. With opportunities for professional growth and development in risk management, employees benefit from a supportive culture that encourages collaboration and innovation, making it an ideal place for those seeking meaningful and rewarding careers in the heart of London.
Contact Details:
Oliver James Associates Ltd. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Manager – Actuarial Risk Modelling
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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✨Look Out for Graduate Schemes
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Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Oliver James Associates Ltd.. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Manager – Actuarial Risk Modelling
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Oliver James Associates Ltd..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Oliver James Associates Ltd.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Oliver James Associates Ltd.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Oliver James Associates Ltd. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Oliver James Associates Ltd., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Oliver James Associates Ltd.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
