At a Glance
- Tasks: Lead and support longevity reinsurance quotes while managing client relationships.
- Company: Join a leading global reinsurer with a welcoming and inclusive culture.
- Benefits: Competitive salary, dynamic environment, and opportunities for career growth.
- Why this job: Make a real impact in the longevity market and enhance your actuarial skills.
- Qualifications: Part-qualified or qualified actuary with experience in bulk annuities and strong analytical skills.
- Other info: Be part of a diverse team that values knowledge-sharing and innovation.
The predicted salary is between 36000 - 60000 £ per year.
Are you a commercially-astute, part-qualified or qualified life/pensions actuary with experience of the bulk annuity market and longevity swap pricing? This is a fantastic opportunity to take the next step on your career ladder within a leading global reinsurer, supporting on deal origination, managing client relationships and assessing deal attractiveness for both UK and non-UK markets.
In this diverse role, you will lead or support new longevity reinsurance quotes as part of quote teams in both the UK and non-UK markets. You will also support executions on the actuarial side – contractual aspects, model reviews, etc. – while reviewing and challenging pricing assumptions in tenders and the wider basis related discussions.
In addition, you will support enhancements to UK basis, proposition and market offering while improving and automating pricing tools and processes. Technically-skilled, with the ability to develop models in Excel, VBA, R, or other programming languages, the successful candidate will possess strong analytical and modelling skills.
Excellent interpersonal and communication abilities are also required, and you will be a natural thought leader in your field, making a key contribution to knowledge-sharing within the business. An excellent and rewarding opportunity to join a successful, welcoming and inclusive team within a dynamic environment.
Please contact us to discuss this vacancy or for an informal discussion regarding your career goals. We are very happy to perform bespoke research on your behalf.
Longevity Actuary employer: The Actuary
Contact Detail:
The Actuary Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Longevity Actuary
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in longevity or reinsurance. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your modelling work and any projects related to longevity swaps or bulk annuities. This will give potential employers a taste of what you can bring to the table.
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience and how it aligns with the role. Highlight your analytical skills and any successful projects you've led, especially in pricing or client management.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re here to help you every step of the way, so don’t hesitate to reach out for support.
We think you need these skills to ace Longevity Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Longevity Actuary role. Highlight your experience in the bulk annuity market and any relevant skills in pricing and modelling. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Be sure to mention your experience with client relationships and deal origination.
Show Off Your Technical Skills: We’re looking for someone with strong analytical and modelling skills, so don’t hold back! Mention your proficiency in Excel, VBA, R, or any other programming languages you know. This will help us see your technical prowess right away.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
As a Longevity Actuary, you'll need to demonstrate your technical skills. Brush up on your knowledge of bulk annuity market trends and longevity swap pricing. Be ready to discuss specific models you've developed in Excel, VBA, or R, and how they’ve impacted your previous work.
✨Showcase Your Communication Skills
This role requires excellent interpersonal abilities. Prepare examples of how you've effectively communicated complex actuarial concepts to clients or colleagues. Think about times when you led discussions or shared knowledge that made a difference in your team.
✨Understand the Market
Familiarise yourself with both UK and non-UK markets. Research recent deals and trends in longevity reinsurance. Being able to discuss current market conditions and how they affect deal attractiveness will show your commercial acumen.
✨Be Ready to Challenge Assumptions
In this role, you'll be reviewing and challenging pricing assumptions. Prepare to discuss your approach to assessing these assumptions in tenders. Think of examples where you’ve successfully identified and addressed potential issues in pricing strategies.