At a Glance
- Tasks: Drive quarterly reserving and annual capital calculations for an international marine insurer.
- Company: Join a leading firm in Specialty General Insurance with global reach.
- Benefits: Gain ownership of your work, with opportunities for growth and influence.
- Other info: No marine industry knowledge needed; just bring your curiosity and drive!
- Why this job: Make impactful decisions that shape the future of the business.
- Qualifications: Qualified GI actuary with practical reserving experience and strong Excel/R skills.
The predicted salary is between 58349 - 71315 £ per year.
Are you a qualified GI actuary with a keen interest in specialty lines? Then this is a fantastic opportunity to play a pivotal role in driving the quarterly reserving process and annual capital calculations for an international marine insurer.
Hitting the ground running, you will have real breadth of remit and influence from the get-go, gaining exposure to capital modelling, reinsurance, business planning and pricing, providing you with the insight into how your work shapes decisions across the business.
No matter what level of experience you currently have, you will be given genuine ownership of your outputs and decision making, providing constructive challenge and business growth opportunities.
Practical reserving experience, ideally including Solvency II technical provisions and IFRS 17, is required as is a working knowledge of the Solvency II regulatory framework. Strong technical skills, with a high level of proficiency in Excel and R, are also essential.
No prior knowledge of the marine industry is required so if you have the drive, curiosity and a willingness to learn then this is the ideal opportunity to make the move into specialty insurance.
Make the move into Specialty General Insurance in London employer: Star Actuarial Futures
Join a leading personal lines insurer that values innovation and excellence in the actuarial field. With a strong commitment to employee development, we offer a collaborative work culture where your insights drive meaningful change and efficiency. Located in a dynamic environment, our firm provides unique opportunities for growth, competitive benefits, and the chance to be at the forefront of digital transformation in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Make the move into Specialty General Insurance 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 Star Actuarial Futures). 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 Star Actuarial Futures. 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 Make the move into Specialty General Insurance in London
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 Star Actuarial Futures.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Star Actuarial Futures. 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 Star Actuarial Futures
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Star Actuarial Futures 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 Star Actuarial Futures, 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 Star Actuarial Futures'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.
