Risk Modelling Actuary - IFRS17 Liquidity Modelling in London

Risk Modelling Actuary - IFRS17 Liquidity Modelling in London

London Entry level 50000 - 70000 £ / year (est.) No working from home possible
The Actuary

At a Glance

  • Tasks: Calibrate IFRS 17 liquidity premiums and develop innovative methodologies.
  • Company: Reputable life insurance company in the UK with a strong industry presence.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Other info: Join a dynamic team and grow your career in a thriving industry.
  • Why this job: Kickstart your actuarial career with impactful work in a well-known insurer.
  • Qualifications: Newly qualified or close to qualifying Actuary with strong modelling skills.

The predicted salary is between 50000 - 70000 £ per year.

The Actuary is seeking a Risk Modelling Actuary for a well-known life insurer in the UK. The role involves calibration of IFRS 17 liquidity premiums and development of methodologies, supporting general curve modelling.

The ideal candidate will be newly qualified or close to qualifying as an Actuary with strong technical modelling and quantitative skills. This is a great opportunity to establish a career in a reputable life insurance company.

Risk Modelling Actuary - IFRS17 Liquidity Modelling in London employer: The Actuary

Join a leading life insurer in the UK that values innovation and professional growth, offering a collaborative work culture where your contributions are recognised and rewarded. With a focus on employee development, you will have access to continuous training and mentorship opportunities, ensuring you thrive in your actuarial career while working on impactful projects like IFRS 17 liquidity modelling.

The Actuary

Contact Details:

The Actuary Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk Modelling Actuary - IFRS17 Liquidity Modelling in London

Dive into Insurance Networking Events

Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!

Join Online Insurance Communities

Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.

Leverage University Resources

If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!

Apply Directly Through Us!

Don't forget to check our website for any entry-level openings at The Actuary! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.

We think you need these skills to ace Risk Modelling Actuary - IFRS17 Liquidity Modelling in London

Risk Modelling
IFRS 17
Liquidity Modelling
Calibration of Premiums
Methodology Development
Curve Modelling
Technical Modelling Skills

Some tips for your application 🫡

Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!

Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.

Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with The Actuary!

Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!

How to prepare for a job interview at The Actuary

Know Your Basics: The Insurance Fundamentals

Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.

Prepare for Behavioural Questions

Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.

Show Enthusiasm for Learning

As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like The Actuary want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.

Research Industry Trends

Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.