At a Glance
- Tasks: Oversee model risk management and support validation of internal models.
- Company: Leading BPA client in the financial services sector.
- Benefits: Competitive salary, 25% bonus, and flexible working arrangements.
- Other info: 9-month fixed term contract with opportunities for professional growth.
- Why this job: Join a dynamic team and make a significant impact in risk management.
- Qualifications: Qualified actuary with experience in Life or Pensions.
The predicted salary is between 110000 - 110000 € per year.
Location: London - ideally 3 days per week in the office (neg.)
Duration: 9 months
Start: ASAP
Salary: c. £110k + 25% bonus (pro rata) - negotiable. I am happy to discuss remuneration in alignment with experience.
My BPA client is looking for a Senior Actuary to join their Risk department and support Risk Modelling and Validation. You will need to be a qualified actuary with experience across Life or Pensions/BPA.
Responsibilities
- Maintain and oversee model risk management frameworks
- Support 2nd line oversight of key areas
- Support Validation of the internal model
Required Experience
- Qualified Actuary
- Life and Pensions experience
- Experience within a BPA provider is highly beneficial
- 2nd line or Audit Experience
Senior Risk Actuary - Modelling and Validation - FTC in London employer: The Actuary
Join a leading BPA provider in London as a Senior Risk Actuary, where you will thrive in a collaborative and innovative work culture that values your expertise. With competitive remuneration, including a generous bonus structure, and opportunities for professional growth, this role offers a meaningful chance to contribute to risk modelling and validation while enjoying the vibrant atmosphere of the city. Embrace the chance to work alongside industry experts and make a significant impact in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Actuary - Modelling and Validation - FTC in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in Risk Modelling and Validation. A friendly chat can lead to insider info about job openings that might not even be advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and industry knowledge. Be ready to discuss your experience with Life and Pensions, and how it relates to the role. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, make sure to highlight your qualifications and relevant experience in your cover letter. Show us why you’re the perfect fit for the Senior Risk Actuary role.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the position and gives you another chance to reiterate why you’re the best candidate for the job.
We think you need these skills to ace Senior Risk Actuary - Modelling and Validation - FTC in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in Life and Pensions, especially if you've worked with BPA providers. We want to see how your skills align with the Senior Risk Actuary role, so don’t hold back on showcasing relevant projects!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Risk department. Share specific examples of your experience in model risk management and validation that demonstrate your expertise.
Showcase Your Qualifications:As a qualified actuary, make sure to clearly state your qualifications and any relevant certifications. We’re looking for someone who can hit the ground running, so let us know how your background prepares you for this role.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
As a Senior Risk Actuary, you'll need to demonstrate your expertise in risk modelling and validation. Brush up on key metrics and frameworks relevant to Life and Pensions, and be ready to discuss how you've applied these in previous roles.
✨Showcase Your Experience
Make sure to highlight your qualifications and any specific experience with BPA providers. Prepare examples of how you've supported model risk management frameworks or conducted validations, as this will resonate well with the interviewers.
✨Prepare for Technical Questions
Expect some technical questions that test your understanding of actuarial principles and risk management. Practise articulating complex concepts clearly and concisely, as this will show your ability to communicate effectively within the team.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the company's risk management strategies and how they align with your experience. This not only shows your interest but also helps you gauge if the role is the right fit for you.
