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- Tasks: Manage valuation processes, analyse data, and mentor junior team members.
- Company: Join pmactuarial, a leader in UK Life insurance recruitment.
- Benefits: Enjoy flexible working with 2 days in the Glasgow office and great corporate perks.
- Why this job: Be part of a growing mutual insurer and make a real impact in the actuarial field.
- Qualifications: Ideal for nearly/newly qualified actuaries with Solvency II and Financial Reporting experience.
- Other info: This role offers a chance to present to senior stakeholders and enhance your career.
The predicted salary is between 36000 - 60000 £ per year.
pmactuarial specialise in Actuarial search within UK Life insurance. We have been asked to find a nearly/newly qualified Actuary for a growing mutual insurer in Glasgow.
The key responsibilities of the role will be:
* Playing a key role in the management of the valuation process and checking results to support the Valuation Manager
* Completing and checking annual experience analysis for assumption setting
* Continued improvement of valuation processes and controls
* Preparing and presenting reports to senior stakeholders and committees
* Mentoring more junior members of the team.
The ideal candidate will be a Qualified Actuary or those close to qualifying. Previous experience of Solvency II and Financial Reporting is highly desirable. The role will require 2 days per week in the Glasgow office.
Nearly/Newly Qualified Variations Actuary employer: Pmactuarial
Contact Detail:
Pmactuarial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Nearly/Newly Qualified Variations Actuary
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in life insurance. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at pmactuarial.
✨Tip Number 2
Familiarise yourself with the latest developments in Solvency II and Financial Reporting. Being well-versed in these areas will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss your experience with valuation processes and how you've contributed to improving them in previous roles. Be ready to share specific examples that highlight your analytical skills and attention to detail.
✨Tip Number 4
Consider reaching out to current or former employees of pmactuarial on platforms like LinkedIn. They can provide valuable insights into the company and the role, which can help you tailor your approach during interviews.
We think you need these skills to ace Nearly/Newly Qualified Variations Actuary
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and requirements. Highlight your relevant experience in valuation processes, Solvency II, and financial reporting in your application.
Tailor Your CV: Customise your CV to reflect your qualifications and experiences that align with the role of a Nearly/Newly Qualified Variations Actuary. Emphasise any mentoring experience and your ability to present reports to senior stakeholders.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for actuarial work and your understanding of the mutual insurance sector. Mention specific examples of how you have contributed to valuation processes or improved controls in previous roles.
Proofread Your Application: Before submitting, thoroughly proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and clearly presented.
How to prepare for a job interview at Pmactuarial
✨Understand the Valuation Process
Make sure you have a solid grasp of the valuation process and how it applies to the role. Be prepared to discuss your experience with valuation management and any specific methodologies you've used.
✨Showcase Your Analytical Skills
Highlight your ability to conduct experience analysis and set assumptions. Bring examples of past projects where your analytical skills made a significant impact, especially in relation to Solvency II and Financial Reporting.
✨Prepare for Stakeholder Engagement
Since you'll be presenting reports to senior stakeholders, practice explaining complex actuarial concepts in simple terms. This will demonstrate your communication skills and ability to engage with non-technical audiences.
✨Mentorship Experience
If you have experience mentoring junior team members, be ready to discuss it. Share specific examples of how you've supported their development and contributed to a collaborative team environment.
