Reinsurance Actuary, RS&AM in London

Reinsurance Actuary, RS&AM in London

London Full-Time 85000 - 85000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse data and assess risks to support reinsurance strategies.
  • Company: Leading reinsurance firm with a focus on innovation and flexibility.
  • Benefits: Competitive salary, bonus, excellent pension, private medical insurance, and 38 days holiday.
  • Other info: Flexible working options available to balance work and life.
  • Why this job: Join a dynamic team and make a real impact in the reinsurance industry.
  • Qualifications: Qualified Actuary with strong analytical skills and attention to detail.

The predicted salary is between 85000 - 85000 £ per year.

Type: Permanent

Location: This role will be based in our London office with some flexibility to work between the office and home. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about flexible working.

Salary and benefits: c.£85,000 (qualified Actuary and competitive subject to experience) + bonus, excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl.

Reinsurance Actuary, RS&AM in London employer: Standard Life (previously Phoenix Group)

As a leading employer in the reinsurance sector, we offer a dynamic work environment in our London office that promotes flexibility and work-life balance. Our commitment to employee growth is reflected in our competitive salary, comprehensive benefits package including an excellent pension scheme and private medical insurance, as well as generous holiday allowances, making us an attractive choice for actuaries seeking meaningful and rewarding careers.

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Contact Details:

Standard Life (previously Phoenix Group) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Reinsurance Actuary, RS&AM in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Standard Life (previously Phoenix Group)). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Standard Life (previously Phoenix Group). Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Reinsurance Actuary, RS&AM in London

Actuarial Skills
Risk Assessment
Statistical Analysis
Financial Modelling
Data Interpretation
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Standard Life (previously Phoenix Group).

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Standard Life (previously Phoenix Group). Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Standard Life (previously Phoenix Group)

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Standard Life (previously Phoenix Group) to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Standard Life (previously Phoenix Group), they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Standard Life (previously Phoenix Group)'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.