Risk Actuary – ReInsurance
Risk Actuary – ReInsurance

Risk Actuary – ReInsurance

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Review complex transactions and assess financial, operational, legal, and reputational risks.
  • Company: Join a global Re-insurer known for its expertise in risk management.
  • Benefits: Enjoy competitive pay, professional development opportunities, and a supportive work culture.
  • Why this job: Be part of a dynamic team that promotes innovative risk management principles and makes a real impact.
  • Qualifications: Qualified Actuary or nearing qualification; experience in risk, capital, or pricing is a plus.
  • Other info: This role offers a chance to work on high-stakes projects in a collaborative environment.

The predicted salary is between 43200 - 72000 £ per year.

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pmactuarial specialise in Actuarial search within UK Life insurance. We have been asked to find a Risk Review Actuary for a global Re-insurer.

The key responsibilities of the role will be:

* Review of large and complex transactions with regards to financial, operational, legal and reputational risk

* Review changes to pricing bases, product designs and pricing tools

* Risk and capital regulatory reporting

* Promotion of risk management principles.

The role would suit a qualified Actuary or those who are close to qualifying. Previous experience of risk, capital or pricing would be highly desirable.

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Risk Actuary – ReInsurance employer: Pmactuarial

As a leading global Re-insurer, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee development and well-being. Our team members benefit from comprehensive training programmes, mentorship opportunities, and a collaborative environment that encourages innovation and professional growth. Located in the heart of the UK, we offer a unique chance to engage with complex risk challenges while enjoying a supportive workplace that values your contributions.
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Contact Detail:

Pmactuarial Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Actuary – ReInsurance

Tip Number 1

Network with professionals in the actuarial field, especially those who work in reinsurance. Attend industry events or webinars to connect with potential colleagues and learn more about the specific challenges they face.

Tip Number 2

Familiarise yourself with the latest trends in risk management and capital regulatory reporting. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

Tip Number 3

Consider reaching out to current employees at StudySmarter or similar companies to gain insights into their experiences and the company culture. This can provide you with valuable information to tailor your approach during the interview process.

Tip Number 4

Prepare to discuss specific examples from your past experience that highlight your skills in reviewing complex transactions and promoting risk management principles. Being able to articulate these experiences clearly will set you apart from other candidates.

We think you need these skills to ace Risk Actuary – ReInsurance

Actuarial Expertise
Risk Assessment
Financial Analysis
Operational Risk Management
Legal Risk Evaluation
Reputational Risk Analysis
Pricing Strategy Development
Regulatory Reporting
Capital Management
Product Design Review
Communication Skills
Attention to Detail
Problem-Solving Skills
Team Collaboration
Adaptability

Some tips for your application 🫡

Understand the Role: Take time to thoroughly read the job description for the Risk Actuary position. Understand the key responsibilities and required qualifications, especially focusing on risk management principles and previous experience in risk, capital, or pricing.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the role. Emphasise any previous work related to financial, operational, legal, and reputational risk, as well as your qualifications as an Actuary.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that demonstrate your ability to review complex transactions and your understanding of risk management principles.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial in the actuarial field.

How to prepare for a job interview at Pmactuarial

Understand the Role

Make sure you have a clear understanding of the responsibilities of a Risk Actuary in ReInsurance. Familiarise yourself with financial, operational, legal, and reputational risks, as well as pricing bases and tools.

Showcase Relevant Experience

Prepare to discuss your previous experience related to risk, capital, or pricing. Highlight specific projects or situations where you successfully managed these aspects, as this will demonstrate your suitability for the role.

Know the Company

Research the global Re-insurer you are interviewing with. Understand their market position, recent developments, and how they approach risk management. This knowledge will help you tailor your answers and show genuine interest.

Ask Insightful Questions

Prepare thoughtful questions about the company's risk management principles and how they integrate them into their operations. This not only shows your enthusiasm but also helps you gauge if the company aligns with your values.

Risk Actuary – ReInsurance
Pmactuarial
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