At a Glance
- Tasks: Assist with reserving work, focusing on Solvency II in a dynamic environment.
- Company: Join a leading Actuary firm in the Lloyd's/London Market.
- Benefits: Short-term contract with competitive pay and valuable experience.
- Other info: On-site work 3 times a week; start within 6 weeks.
- Why this job: Gain hands-on experience in a prestigious market while enhancing your skills.
- Qualifications: Experience in reserving and compliance with IR35 regulations required.
The predicted salary is between 50000 - 60000 £ per year.
The Actuary is looking for a Reserving Contractor to join for a short term (2-3 months) to assist with reserving work, primarily focusing on Solvency II (SII). The ideal candidate should have experience in the Lloyd's/London Market and must be available to work on-site 3 times a week. This role requires someone who can start within 6 weeks and is compliant with IR35 regulations. Candidates with recent reserving experience are highly desirable.
Lloyd's Reserving Specialist - Short-Term Contract (2-3 Months) employer: The Actuary
As a leading player in the Lloyd's and London Market, we pride ourselves on fostering a collaborative and dynamic work environment that encourages professional growth and development. Our commitment to employee well-being is reflected in our flexible working arrangements and supportive culture, making us an excellent employer for those seeking meaningful and rewarding opportunities in the actuarial field.
StudySmarter Expert Advice🤫
We think this is how you could land Lloyd's Reserving Specialist - Short-Term Contract (2-3 Months)
✨Tap into Local Agencies
For temporary roles like the one at The Actuary, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so The Actuary knows you can adapt quickly to their needs!
We think you need these skills to ace Lloyd's Reserving Specialist - Short-Term Contract (2-3 Months)
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch The Actuary's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at The Actuary
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at The Actuary. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
