At a Glance
- Tasks: Analyse data to support business decisions and contribute to capital management activities.
- Company: Leading insurer with a strong culture of learning and development.
- Benefits: Flexible hybrid working model and opportunities for internal progression.
- Other info: Collaborative environment with exposure to senior stakeholders.
- Why this job: Gain hands-on experience in Risk & Capital while working on strategic projects.
- Qualifications: Nearly or newly qualified actuary with strong analytical skills.
The predicted salary is between 50000 - 65000 £ per year.
Looking to move into Risk & Capital? Or already working in life insurance and keen to broaden your exposure? We're partnering with a leading insurer seeking a nearly or newly qualified actuary to join its Risk & Capital team. This is a fantastic opportunity to gain hands‑on exposure to capital modelling, assumption setting and regulatory reporting while working closely with senior stakeholders across the business.
About the Role
- Analyse demographic and economic experience to support key business decisions
- Help set actuarial assumptions and calibrate capital stresses
- Contribute to internal model and capital management activities
- Support regulatory and Solvency UK reporting
- Get involved in business change initiatives and strategic projects
- Coach and support more junior actuarial colleagues
About You
- Nearly qualified, newly qualified, or up to 3 years post‑qualified
- Experience in Life, GI or Pensions
- Knowledge of Solvency UK or wider UK insurance regulation
- Strong analytical and problem‑solving skills
- Excellent communication and stakeholder management abilities
- Curious, proactive and keen to challenge and improve existing approaches
Why Join?
- Great opportunity to move into Life insurance from GI or Pensions
- Broad exposure across risk, capital and regulatory work
- Involvement in both BAU and strategic projects
- Strong culture of learning, development and internal progression
- Flexible hybrid working model
This is an excellent opportunity for an actuary looking to develop expertise in Risk & Capital while gaining exposure to strategic business initiatives within a supportive and collaborative environment.
Actuarial Consultant in London employer: The Actuary
At PMA, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored development programmes and the opportunity to lead impactful projects in the heart of the UK life insurance sector. With locations in London, Bristol, and Watford, we provide a vibrant environment where actuaries can thrive and make meaningful contributions to our clients' success.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Consultant in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like The Actuary looking for candidates who are engaged and informed.
We think you need these skills to ace Actuarial Consultant in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at The Actuary. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at The Actuary
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with The Actuary’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!