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- Tasks: Analyse data, build models, and recommend pricing strategies for a reinsurer.
- Company: pmactuarial, specialists in Actuarial search within UK Life insurance.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Ideal for those passionate about actuarial science and UK defined benefit schemes.
- Why this job: Join a dynamic team and make a real impact in the reinsurance sector.
- Qualifications: Nearly/newly qualified Actuary with pensions or longevity experience.
The predicted salary is between 50000 - 70000 £ per year.
pmactuarial specialise in Actuarial search within UK Life insurance. We have been asked to find a nearly/newly or qualified Actuary for a reinsurer.
The key responsibilities of the role will be:
- Reporting - checking, analysing and cleansing member and benefits data, using valuation tools and pricing models to determine cashflows, liability estimates, reviewing assumptions and preparing reports and recommending pricing strategy to senior management.
- Building actuarial models to improve the efficiency of in-force reporting and analysis as well as additional capital and ALM duties.
The ideal candidate will be a nearly/newly qualified Actuary with a pensions or longevity or bulk annuity background. The role requires knowledge and understanding of UK defined benefit schemes.
Longevity In-Force Actuary - Reinsurance in London employer: Pmactuarial
Contact Detail:
Pmactuarial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Longevity In-Force Actuary - Reinsurance in London
✨Tip Number 1
Network like a pro! Reach out to fellow actuaries and industry professionals on LinkedIn. Join relevant groups and participate in discussions to get your name out there and learn about hidden job opportunities.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss valuation tools, pricing models, and UK defined benefit schemes. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that match your skills and interests. Tailor your approach to each company to show them why you’re the perfect fit.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Share any additional thoughts or insights you have about the role to reinforce your enthusiasm and fit for the position.
We think you need these skills to ace Longevity In-Force Actuary - Reinsurance in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Longevity In-Force Actuary. Highlight your experience with pensions, longevity, and bulk annuities, as well as any relevant actuarial models you've worked on. We want to see how your skills match what we're looking for!
Showcase Your Analytical Skills: In your application, emphasise your ability to check, analyse, and cleanse data. Mention specific valuation tools and pricing models you’ve used in the past. This will show us that you’re ready to tackle the responsibilities of the role head-on.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate a straightforward approach that highlights your qualifications without unnecessary fluff.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen and know how to follow instructions!
How to prepare for a job interview at Pmactuarial
✨Know Your Numbers
As a candidate for a Longevity In-Force Actuary role, it's crucial to brush up on your technical skills. Be prepared to discuss valuation tools and pricing models in detail. Familiarise yourself with the latest trends in cashflows and liability estimates, as well as any recent changes in UK defined benefit schemes.
✨Showcase Your Analytical Skills
During the interview, highlight your experience in checking, analysing, and cleansing data. Prepare examples of how you've used actuarial models to improve reporting efficiency. This will demonstrate your ability to contribute to the team's goals and show that you understand the importance of accurate data in decision-making.
✨Prepare Thoughtful Questions
Interviews are a two-way street! Prepare insightful questions about the company's approach to pricing strategy and how they handle capital and ALM duties. This not only shows your interest in the role but also gives you a chance to assess if the company aligns with your career goals.
✨Understand the Company Culture
Research pmactuarial and the reinsurer's culture before your interview. Understanding their values and work environment can help you tailor your responses and demonstrate that you're a good fit. Mentioning specific aspects of their culture during the interview can set you apart from other candidates.