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- Tasks: Support reserving duties and collaborate on financial forecasts and strategic plans.
- Company: Join a leading firm in the insurance sector with a dynamic team.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Make an impact in a key role while developing your actuarial skills.
- Qualifications: Nearly or newly qualified actuary with experience in reserving.
- Other info: Work in a collaborative environment with exposure to multiple business functions.
The predicted salary is between 36000 - 60000 £ per year.
Our client is looking to add additional headcount to their reserving and capital team. This would suit a Nearly or Newly Qualified Actuary who has a good amount of experience in reserving (consultancy or in-house).
In this role you will support the Head of the department in performing reserving duties and standard formula calculations. You will be supporting the preparation of the Actuarial Function Report and assisting in analysing underwriting and pricing strategies.
You will be collaborating with multiple functions across the business including finance and risk to provide insights for financial forecasts and strategic plans. They require 2 days per week in the London office as a minimum.
The hiring manager is keen to speak to individuals who have commercial or Lloyd's/London Market experience.
Mixed Opportunity - Reserving and Capital employer: The Actuary
Contact Detail:
The Actuary Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Mixed Opportunity - Reserving and Capital
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those with experience in reserving and capital. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of the London Market. We recommend practising common actuarial scenarios and being ready to discuss your past experiences in detail.
✨Tip Number 3
Showcase your collaborative spirit! Since this role involves working with finance and risk teams, be ready to share examples of how you've successfully worked across departments in previous roles.
✨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 always looking for talented individuals like you to join our team.
We think you need these skills to ace Mixed Opportunity - Reserving and Capital
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your reserving experience and any relevant qualifications. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this Mixed Opportunity role. We love seeing enthusiasm and a clear understanding of the position.
Showcase Your Collaboration Skills: Since this role involves working with various teams, mention any past experiences where you’ve successfully collaborated with finance or risk departments. We value teamwork and want to see how you can contribute!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to keep track of your application and ensures you don’t miss out on any updates from us!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
As a Nearly or Newly Qualified Actuary, it's crucial to brush up on your reserving and capital calculations. Be prepared to discuss specific examples from your experience, whether in consultancy or in-house, and how you've applied these skills in real-world scenarios.
✨Understand the Business
Familiarise yourself with the company's operations, especially their underwriting and pricing strategies. This will help you provide valuable insights during the interview and demonstrate your understanding of how your role fits into the bigger picture.
✨Collaborate Like a Pro
Since this role involves working with multiple functions, think of examples where you've successfully collaborated with finance or risk teams. Highlight your communication skills and how you can bridge gaps between departments to achieve common goals.
✨Be Ready for Technical Questions
Expect technical questions related to standard formula calculations and the Actuarial Function Report. Brush up on relevant regulations and methodologies, and be ready to explain your thought process clearly and confidently.
