At a Glance
- Tasks: Join a dynamic team to develop assumptions for longevity and protection markets.
- Company: Global reinsurance business with significant growth across Europe, North America, and APAC.
- Benefits: Endless opportunities for personal development in a thriving environment.
- Other info: Ideal for those looking to enhance their skills in a supportive team.
- Why this job: Broaden your product knowledge while contributing to a constantly growing business.
- Qualifications: Fully qualified actuary with experience in assumption development or pricing roles.
The predicted salary is between 60000 - 80000 £ per year.
Oliver James are partnered with a global reinsurance business experiencing significant organic growth across Europe, North America and APAC. There are two vacancies in their assumption development team that supports both their longevity and protection markets.
The ideal candidate will have the following:
- Fully qualified actuarial status
- Deep understanding of either longevity or protection products (both would be ideal)
- Experience with assumption development or assumption setting
- Understanding of generalised linear models or survival models would be a big benefit
If you are in a pricing role currently and enjoy assumption setting or experience analysis this could be a great opportunity for you to broaden your product knowledge in a business that is constantly growing. That continued growth creates never-ending opportunities for personal development.
If you think you could achieve more in your role, reach out for more information.
Assumption Development Actuary employer: Oliver James
As a global leader in reinsurance, Oliver James offers an exceptional work environment that fosters professional growth and development. With a strong focus on innovation in the longevity and protection markets, employees benefit from a collaborative culture that encourages knowledge sharing and skill enhancement. Located in a dynamic market, this role provides unique opportunities to expand your expertise while contributing to a company that values its people and their contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Assumption Development Actuary
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of longevity and protection products. We recommend practising common actuarial interview questions and scenarios to show off your expertise.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. We suggest checking out our website for tailored job listings that match your skills and aspirations.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. We believe it shows your enthusiasm and professionalism, which employers love.
We think you need these skills to ace Assumption Development Actuary
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the job description. Highlight your actuarial qualifications and any relevant experience in assumption development or longevity products. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Don’t forget to mention your understanding of generalised linear models or survival models if you have it!
Showcase Your Experience:When detailing your experience, focus on specific projects or roles where you've worked with assumption setting or pricing. We love seeing concrete examples of how you've contributed to previous teams and what you've learned along the way.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any updates from us!
How to prepare for a job interview at Oliver James
✨Know Your Numbers
As an Assumption Development Actuary, you’ll need to demonstrate your deep understanding of longevity and protection products. Brush up on key metrics and recent trends in these areas, so you can confidently discuss how they impact assumption development during the interview.
✨Showcase Your Experience
Be ready to share specific examples from your past roles that highlight your experience with assumption setting or analysis. Use the STAR method (Situation, Task, Action, Result) to structure your responses, making it easier for the interviewer to see your value.
✨Familiarise Yourself with Models
Since understanding generalised linear models or survival models is a big benefit, make sure you can explain these concepts clearly. Prepare to discuss how you've applied these models in your previous work, as this will show your technical expertise and problem-solving skills.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the company’s growth strategy and how the assumption development team fits into that. This not only shows your interest but also helps you gauge if the role aligns with your career goals.
