At a Glance
- Tasks: Analyse data, set assumptions, and support junior actuaries in a collaborative team.
- Company: Leading insurer known for excellent career development and supportive culture.
- Benefits: Competitive salary based on experience, solid training, and team rotation opportunities.
- Other info: Hands-on managers dedicated to your professional growth and long-term career success.
- Why this job: Join a dynamic team and make a real impact in the actuarial field.
- Qualifications: Nearly or newly qualified actuary with strong communication skills and a keen interest in learning.
The predicted salary is between 31500 - 38500 £ per year.
A leading insurer is looking for a nearly or newly qualified Actuary to join their Actuarial Risk and Capital team. If you're someone who thrives in a supportive, collaborative environment where you can take ownership but still have plenty of team support, this could be a great fit. Visa sponsorship not available for this position.
What you’ll be doing:
- You’ll analyse demographic and economic data, use your actuarial judgement to help set assumptions, calibrate capital stresses for the internal model, and report on the findings.
- You’ll also get involved in change and capital projects and have opportunities to coach and mentor actuarial students.
Who they’re after:
- Someone nearly qualified (1‑2 exams to go) or newly qualified (up to 3 years post‑qualification).
- If you’re from GI or Pensions and want to switch to Life insurance, that’s welcome – this client has had great success with people making this move.
- Already in Life insurance? Group risk experience might offer a fresh perspective.
- Good knowledge of Solvency II and UK regulatory requirements.
- Strong communication skills to support junior actuaries and present clearly to senior managers.
- A keen interest in learning, challenging methodologies, and delivering across different tasks.
Salary: Salary will depend on your exam progression and experience.
About the business: Oliver James has partnered with this firm for a long time, and the feedback from candidates is consistently excellent, especially around career development and progression. The business offers solid training and chances to rotate across teams, helping you build a well‑rounded view of the business. Line managers are known for being hands‑on with development, dedicating time to upskill their teams – which explains why people stay for the long term.
If you want to find out more before applying, you can reach out to me directly at naomi.mcgee@oliverjames.com to arrange a quick chat and see if this role fits what you’re looking for.
Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Finance
Industries: Insurance
Nearly/ Newly Qualified Actuary in Dorking employer: Oliver James
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StudySmarter Expert Advice🤫
We think this is how you could land Nearly/ Newly Qualified Actuary in Dorking
✨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). 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. 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 Nearly/ Newly Qualified Actuary in Dorking
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.
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. 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
✨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 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, 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'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.
