At a Glance
- Tasks: Join a cutting-edge Risk Modelling team and manage risk model methodologies.
- Company: Leading international Life Insurance company based in London.
- Benefits: Competitive salary, bonus, and flexible working arrangements.
- Other info: Work in a dynamic environment with opportunities for career progression.
- Why this job: Accelerate your career with exposure to senior stakeholders and valuable experience.
- Qualifications: Nearly or newly qualified Actuary with strong technical modelling skills.
The predicted salary is between 31500 - 38500 £ per year.
I am representing a leading international Life Insurance company in London who are looking for a nearly/newly qualified Life Actuary to join their cutting edge Risk modelling team. You will work with a high quality team in London, and further group teams across APAC. A key function of the role is to manage the methodology and calibration of the risk models, including the IFRS 17 liquidity premiums.
This is a fantastic opportunity to spring board your career. You will have exposure to senior stakeholders within an international business, you will quickly drive your technical abilities forward and gain valuable experience for career progression.
Location: London – 2 days per week in the office
Remuneration: up to 75,000 base with 15% bonus + benefits (negotiable depending on experience)
Required Experience:
- Nearly or Newly Qualified Actuary (similar quantitative background)
- Strong technical modelling skills – credit, market, calibrations, IFRS 17 premiums would all be relevant.
- Coding in R, Python, Matlab etc would be beneficial
- Actuaries with quantitative/statistical backgrounds would be well suited for this role
Please apply today or contact Chris.Armstrong@oliverjames.com with a copy of your CV.
NNQ Life Actuary – Risk Modelling in London employer: Oliver James Associates
At Oliver James Associates, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to thrive. Located in the vibrant city of Manchester, we offer competitive benefits, continuous professional development opportunities, and a supportive environment where your contributions are valued. Join us to be part of a dynamic team that is dedicated to driving impactful data solutions across various sectors.
StudySmarter Expert Advice🤫
We think this is how you could land NNQ Life Actuary – Risk Modelling in London
✨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.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Oliver James Associates). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
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. 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 NNQ Life Actuary – Risk Modelling in London
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.
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. 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
✨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 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, 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'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.
