Risk Modelling (Life-Actuarial) - Contract in London

Risk Modelling (Life-Actuarial) - Contract in London

London Temporary 60000 - 80000 £ / year (est.) Home office (partial)
The Actuary

At a Glance

  • Tasks: Lead risk modelling and analytics for a top insurer in London.
  • Company: Join a leading insurer with a strong focus on risk management.
  • Benefits: Competitive pay, hybrid work model, and a supportive team environment.
  • Other info: 12-month contract starting June/July with excellent career development opportunities.
  • Why this job: Make a significant impact in a high-visibility role within a specialist team.
  • Qualifications: 6+ years in life insurance, experience in risk testing, and knowledge of R/Python.

The predicted salary is between 60000 - 80000 £ per year.

Oliver James are partnered with a London based insurer who are seeking support in their Group Risk function. This is the ideal opportunity for a senior professional with expertise in risk modelling/analytics. This is a 12 month contract, you must live in the UK to be considered.

Start: June/July. Duration: 12 month contract. Remuneration: Dependent on experience. Location: Hybrid travel to central London based office.

Role: High visibility role working within the Group function. You will lead the stress and scenario testing, risk appetite and economic capital oversight.

Team: You will be joining a close, specialist team and report directly into the head of function.

Mandatory skillsets:

  • 6+ years professional experience in Life Insurance - FIA or equivalent or qualified by experience in the given industry
  • Demonstrable experience leading stress and scenario testing exercise, risk appetite and economic capital oversight - within the past 5 years
  • Experienced in R/Python. You are not required to be a coder, but you must be able to read code and be able to recommend changes
  • Excellent communication skills including stakeholder management and mentorship (people management not required).

If you are interested to discuss this contract please reach out by sending an updated CV.

Risk Modelling (Life-Actuarial) - Contract in London employer: The Actuary

Join a leading London-based insurer that values expertise and innovation in the field of risk modelling. With a strong focus on employee development, this company offers a collaborative work culture where you can thrive alongside a specialist team, gaining high visibility in your role while contributing to impactful projects. Enjoy the flexibility of a hybrid working model, competitive remuneration, and the opportunity to enhance your skills in a dynamic environment.

The Actuary

Contact Details:

The Actuary Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Risk Modelling (Life-Actuarial) - Contract in London

Tip Number 1

Network like a pro! Reach out to your connections in the insurance and risk modelling space. A quick chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on your stress testing and economic capital knowledge. We want you to showcase your expertise confidently, so practice explaining complex concepts in simple terms.

Tip Number 3

Don’t underestimate the power of a strong online presence. Update your LinkedIn profile to reflect your skills in R/Python and risk analytics. It’s a great way for recruiters to find you!

Tip Number 4

Apply through our website! We’ve got loads of opportunities that match your skill set. Plus, it’s a straightforward way to get your CV in front of the right people.

We think you need these skills to ace Risk Modelling (Life-Actuarial) - Contract in London

Risk Modelling
Analytics
Stress Testing
Scenario Testing
Risk Appetite Oversight
Economic Capital Oversight
Life Insurance Knowledge

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your experience in risk modelling and analytics. We want to see how your skills align with the role, so don’t be shy about showcasing your 6+ years in life insurance and any relevant projects you've led.

Showcase Your Technical Skills:Since R and Python are part of the game, mention any experience you have with these tools. You don’t need to be a coding whiz, but being able to read code and suggest improvements is key, so let us know what you can do!

Highlight Communication Skills:This role involves working closely with stakeholders, so make sure to emphasise your communication skills. Share examples of how you've managed relationships or mentored others in your previous roles – we love to see that!

Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you’re considered for this exciting opportunity in our Group Risk function!

How to prepare for a job interview at The Actuary

Know Your Risk Modelling Inside Out

Make sure you brush up on your risk modelling and analytics knowledge. Be prepared to discuss your past experiences with stress and scenario testing, as well as your understanding of risk appetite and economic capital oversight. This will show that you’re not just familiar with the concepts but can also apply them effectively.

Familiarise Yourself with R and Python

While you don’t need to be a coding whiz, being able to read and understand code in R and Python is crucial. Review some basic scripts or examples beforehand so you can confidently discuss how you would recommend changes or improvements during the interview.

Show Off Your Communication Skills

Since this role involves stakeholder management, practice articulating your thoughts clearly and concisely. Think of examples where you've successfully communicated complex ideas to non-technical stakeholders, as this will demonstrate your ability to bridge the gap between technical and non-technical teams.

Research the Company Culture

Get to know the insurer’s values and culture before the interview. This will help you tailor your responses to align with their expectations and show that you’re genuinely interested in being part of their team. Plus, it’ll give you some great talking points to use when you ask questions at the end!