Actuary, R&D: Advanced Risk Modeling (12m) in London

Actuary, R&D: Advanced Risk Modeling (12m) in London

London Temporary 59511 - 59511 £ / year (est.) No working from home possible
Pacific Asset Management, LLC

At a Glance

  • Tasks: Develop a Global Capital Assumptions Framework and conduct statistical research.
  • Company: Join Pacific Life Re, a leader in insurance risk management.
  • Benefits: Gain valuable experience in a dynamic environment with competitive pay.
  • Other info: 12-month contract with opportunities for professional growth.
  • Why this job: Make a real impact on insurance risk modelling and capital solutions.
  • Qualifications: Actuarial training and strong statistical modelling skills required.

The predicted salary is between 59511 - 59511 £ per year.

Pacific Life Re in London is seeking an Actuary in R&D for a 12-month fixed-term contract.

The role focuses on developing a Global Capital Assumptions Framework to quantify insurance risk for Economic Capital across lines, with exposure to Mortality, Morbidity, Longevity and Capital Solutions.

You will perform statistical research, model development and simulation-based calibration.

The successful candidate will bring actuarial training and strong statistical modelling, with ability to translate

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Actuary, R&D: Advanced Risk Modeling (12m) in London employer: Pacific Asset Management, LLC

Pacific Asset Management, LLC is an excellent employer that fosters a collaborative and innovative work culture, making it an ideal place for a Pricing Actuary to thrive. With a focus on employee growth, the company offers comprehensive benefits including healthcare and generous annual leave, ensuring a healthy work-life balance while empowering team members to lead and excel in their roles within the dynamic UK market.

Pacific Asset Management, LLC

Contact Details:

Pacific Asset Management, LLC Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuary, R&D: Advanced Risk Modeling (12m) in London

Tap into Local Agencies

For temporary roles like the one at Pacific Asset Management, LLC, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!

Seasonal Opportunities Are Gold

Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!

Network with Industry Pros

Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!

Showcase Your Flexibility

For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Pacific Asset Management, LLC knows you can adapt quickly to their needs!

We think you need these skills to ace Actuary, R&D: Advanced Risk Modeling (12m) in London

Actuarial Training
Statistical Modelling
Simulation-Based Calibration
Risk Quantification
Economic Capital Analysis
Mortality Modelling
Morbidity Modelling

Some tips for your application 🫡

Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!

Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!

Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.

Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Pacific Asset Management, LLC's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!

How to prepare for a job interview at Pacific Asset Management, LLC

Master the Basics of Underwriting

Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.

Familiarise Yourself with Relevant Regulations

Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Pacific Asset Management, LLC. This shows you're engaged and knowledgeable.

Highlight Your Flexibility

As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.

Prepare to Discuss Claims Processing

Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.