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- Tasks: Lead actuarial models and support with-profits business while gaining diverse experience.
- Company: Dynamic client offering exciting career development for part-qualified life actuaries.
- Benefits: Gain exposure to Solvency II, UK GAAP, and IFRS reporting in a supportive environment.
- Why this job: Make impactful recommendations on investment strategies and bonus rates in a growing field.
- Qualifications: Knowledge of Solvency II and actuarial modelling systems is essential.
- Other info: Contact us for bespoke career advice and opportunities tailored to your goals.
The predicted salary is between 36000 - 60000 £ per year.
Our client has an exciting career development opportunity for a part-qualified life actuary to gain exposure to a variety of different tasks including Solvency II valuation, including Pillar I, II and III, as well as UK GAAP and IFRS reporting.
In this diverse role, you will also lead the development of departmental models and processes while supporting the with-profits business, including making recommendations on investment strategy and bonus rates. In addition, you will be responsible for the pricing of the annuity business and policy alteration terms, as well as experience analyses and recommending valuation assumptions and developing and maintaining actuarial models.
Qualifications:
- Knowledge of Solvency II, Pillars I, II and III
- Detailed knowledge of actuarial modelling systems and/or financial projections essential.
Please contact us to discuss this vacancy or for an informal discussion regarding your career goals. We are very happy to perform bespoke research on your behalf.
Rachael Connolly, Senior Consultant
M: +44 (0)7841 025 393
E: rachael.connolly@staractuarial.com
Senior Actuarial Trainee employer: Star Actuarial Futures
Contact Detail:
Star Actuarial Futures Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Trainee
✨Tip Number 1
Network like a pro! Reach out to fellow actuaries or professionals in the industry on LinkedIn. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Solvency II and actuarial modelling systems. We recommend practising common interview questions and scenarios related to your role to show you’re ready to tackle the challenges head-on.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the position.
✨Tip Number 4
Apply through our website for a smoother process! We’ve got all the resources you need to make your application stand out, plus we’re here to help you every step of the way.
We think you need these skills to ace Senior Actuarial Trainee
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Actuarial Trainee role. Highlight your knowledge of Solvency II and any relevant actuarial modelling systems you've worked with.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this opportunity. Mention specific projects or experiences that relate to the responsibilities listed in the job description, like pricing annuity business or developing models.
Showcase Your Analytical Skills: In your application, emphasise your analytical abilities and how you've used them in past roles. This is crucial for tasks like experience analyses and recommending valuation assumptions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.
How to prepare for a job interview at Star Actuarial Futures
✨Know Your Stuff
Make sure you brush up on your knowledge of Solvency II and the relevant pillars. Familiarise yourself with actuarial modelling systems and financial projections, as these will likely come up in conversation. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Experience
Prepare examples from your past experiences that highlight your skills in valuation, pricing, and model development. Think about specific projects where you made recommendations or led initiatives. This will help demonstrate your practical understanding of the responsibilities outlined in the job description.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the company's approach to with-profits business or their investment strategies. This not only shows your interest but also gives you a chance to assess if the company aligns with your career goals.
✨Practice Makes Perfect
Conduct mock interviews with a friend or mentor to get comfortable with articulating your thoughts. Focus on explaining complex actuarial concepts in simple terms, as this will be crucial when discussing your ideas with non-actuarial stakeholders.
