Senior Risk Actuary 5+ PQE

Senior Risk Actuary 5+ PQE

City of London Full-Time 72000 - 108000 £ / year (est.) No home office possible
O

At a Glance

  • Tasks: Lead risk governance initiatives and develop the risk management framework.
  • Company: Join a top-tier Reinsurer in the heart of London.
  • Benefits: Enjoy competitive salary, flexible working options, and professional development opportunities.
  • Why this job: Make a real impact on risk management while collaborating with global teams.
  • Qualifications: 10+ years in life insurance or reinsurance; qualified actuary with capital analysis expertise.
  • Other info: Manage a direct report and engage with senior stakeholders.

The predicted salary is between 72000 - 108000 £ per year.

Oliver James are partnered with a leading Reinsurer, in appointing a Senior Risk Actuary to their London office.

Overview: This role supports the organization's evolving risk profile by leading risk governance initiatives, developing the risk management framework, and performing stress and scenario analyses to assess capital needs. The position reports to the Chief Risk Officer and collaborates across global teams and senior stakeholders.

Key Responsibilities:

  • Enhance the enterprise risk management framework and implement regulatory changes
  • Lead the annual solvency self-assessment, including capital stress testing and scenario analysis
  • Prepare risk reports and materials for governance committees and boards
  • Support legal entity capital planning, resolution strategies, and climate disclosures
  • Manage one direct report and contribute to risk committee operations

Requirements:

  • 10+ years' experience in life insurance or reinsurance
  • Qualified actuary with strong capital analysis expertise
  • Skilled in risk frameworks, regulatory compliance, and financial reporting (e.g., BMA, US GAAP)
  • Excellent analytical, communication, and stakeholder engagement skills

Preferred:

  • Experience with Bermuda regulatory environment
  • Knowledge of enterprise risk management and capital frameworks

Senior Risk Actuary 5+ PQE employer: Oliver James Associates Ltd.

As a leading Reinsurer based in London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our Senior Risk Actuary role offers the opportunity to engage with global teams and senior stakeholders, while benefiting from a comprehensive support system that encourages innovation and professional advancement. With competitive remuneration, a commitment to work-life balance, and a focus on meaningful contributions to risk governance, we are dedicated to creating an environment where our employees can thrive.
O

Contact Detail:

Oliver James Associates Ltd. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Risk Actuary 5+ PQE

✨Tip Number 1

Network with professionals in the reinsurance and actuarial fields. Attend industry events or webinars where you can meet people who work at leading reinsurers. This can help you gain insights into the company culture and potentially get a referral.

✨Tip Number 2

Familiarise yourself with the latest developments in risk management frameworks and regulatory changes, especially those relevant to Bermuda. Being well-versed in current trends will not only boost your confidence but also impress interviewers.

✨Tip Number 3

Prepare to discuss specific examples of how you've enhanced risk governance initiatives in your previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your analytical and leadership skills.

✨Tip Number 4

Engage with online communities or forums related to actuarial science and risk management. Sharing your knowledge and asking questions can help you build connections and stay updated on job opportunities, including those at StudySmarter.

We think you need these skills to ace Senior Risk Actuary 5+ PQE

Risk Governance
Capital Analysis
Stress Testing
Scenario Analysis
Regulatory Compliance
Financial Reporting
Stakeholder Engagement
Analytical Skills
Leadership Skills
Enterprise Risk Management
Communication Skills
Problem-Solving Skills
Knowledge of Bermuda Regulatory Environment
Project Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your 10+ years of experience in life insurance or reinsurance. Emphasise your qualifications as an actuary and any specific expertise in capital analysis, risk frameworks, and regulatory compliance.

Craft a Compelling Cover Letter: In your cover letter, address how your skills align with the key responsibilities of the role. Mention your experience with risk governance initiatives and your ability to prepare risk reports for governance committees.

Showcase Relevant Experience: When detailing your work history, focus on your achievements related to enhancing enterprise risk management frameworks and conducting capital stress testing. Use specific examples to demonstrate your analytical and stakeholder engagement skills.

Proofread and Edit: Before submitting your application, carefully proofread your documents for any errors. Ensure that your language is professional and that you clearly convey your suitability for the Senior Risk Actuary position.

How to prepare for a job interview at Oliver James Associates Ltd.

✨Showcase Your Technical Expertise

As a Senior Risk Actuary, it's crucial to demonstrate your deep understanding of capital analysis and risk frameworks. Be prepared to discuss specific projects where you've successfully implemented regulatory changes or enhanced risk management frameworks.

✨Prepare for Scenario Analysis Questions

Given the role's focus on stress testing and scenario analysis, anticipate questions that assess your approach to these tasks. Think of examples from your past experience where you led such analyses and be ready to explain your methodology and outcomes.

✨Highlight Stakeholder Engagement Skills

This position involves collaboration with senior stakeholders and global teams. Prepare to share instances where you've effectively communicated complex risk concepts to non-technical audiences, showcasing your ability to engage and influence.

✨Understand the Regulatory Landscape

Familiarise yourself with the Bermuda regulatory environment and any relevant compliance standards. Being able to discuss how these regulations impact risk management will demonstrate your preparedness for the role and your commitment to staying informed.

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