At a Glance
- Tasks: Work with the front office on financial assessments and risk management activities.
- Company: Join pmactuarial, a specialist in Actuarial search within the UK Life insurance sector.
- Benefits: Gain hands-on experience in asset-related work and potential career growth opportunities.
- Why this job: Perfect for Actuarial students or recent graduates looking to make an impact in finance.
- Qualifications: Actuarial student or newly qualified Actuary; experience in financial reporting is a plus.
- Other info: Engage in monthly cashflow matching and assess MA eligibility for contracts.
The predicted salary is between 36000 - 60000 Β£ per year.
pmactuarial specialise in Actuarial search within UK Life insurance. We have been asked to find an Actuarial student/nearly/newly qualified Actuary to work closely with the front office of a specialist BPA provider.
The chosen individual will be responsible for:
- Close liaison with front office on assessing the financial implications of new business, trading, transfers from/to the MA portfolio and other hedging and risk management activities
- Monthly production and monitoring of MA cashflow matching particularly PRA test 3 measure
- Assessing MA eligibility for contracts
The role would suit an Actuarial student to those who have recently qualified and provides the opportunity to work closely on asset related work. Previous experience of financial reporting or ALM/Capital would be desirable.
Actuarial Business Partnering employer: Pmactuarial
Contact Detail:
Pmactuarial Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Actuarial Business Partnering
β¨Tip Number 1
Network with professionals in the actuarial field, especially those working in life insurance. Attend industry events or webinars to connect with potential colleagues and learn more about the role.
β¨Tip Number 2
Familiarise yourself with the latest trends and regulations in the UK life insurance market. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your commitment to the field.
β¨Tip Number 3
Consider reaching out to current or former employees of the company to gain insights into the work culture and expectations. This can provide you with valuable information that can set you apart during the selection process.
β¨Tip Number 4
Prepare to discuss specific examples of your experience with financial reporting or ALM/Capital. Highlighting relevant projects or coursework can showcase your skills and readiness for the role.
We think you need these skills to ace Actuarial Business Partnering
Some tips for your application π«‘
Understand the Role: Read the job description carefully to understand the responsibilities and requirements. Highlight key skills such as financial reporting, ALM, and risk management that are essential for the Actuarial Business Partnering position.
Tailor Your CV: Customise your CV to reflect relevant experience and skills that align with the job. Emphasise any actuarial projects, internships, or coursework that demonstrate your ability to work closely with financial implications and cashflow matching.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the actuarial field and your understanding of the role. Mention specific experiences that relate to the responsibilities outlined in the job description, such as working on asset-related projects or financial analysis.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents. Check for grammatical errors, clarity, and ensure that all information is accurate. A polished application reflects your attention to detail, which is crucial in the actuarial profession.
How to prepare for a job interview at Pmactuarial
β¨Understand the Role
Make sure you have a clear understanding of the responsibilities outlined in the job description. Familiarise yourself with terms like cashflow matching and risk management, as these will likely come up during the interview.
β¨Showcase Relevant Experience
If you have any experience in financial reporting or ALM/Capital, be ready to discuss it. Prepare specific examples that demonstrate your skills and how they relate to the role of an Actuarial Business Partner.
β¨Prepare Questions
Think of insightful questions to ask about the company and the team you'll be working with. This shows your interest in the role and helps you gauge if it's the right fit for you.
β¨Practice Technical Knowledge
Brush up on your technical actuarial knowledge, especially around topics relevant to the role. Be prepared to discuss how you would approach assessing financial implications and MA eligibility for contracts.