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For Companies At a Glance
- Tasks: Analyse risks and present findings to senior committees in a dynamic insurance environment.
- Company: Join a leading Life Insurance client with a focus on innovation and collaboration.
- Benefits: Enjoy hybrid working, full study support, and opportunities for professional growth.
- Why this job: Make a real impact in the actuarial field while developing your skills and career.
- Qualifications: Experience in Life Insurance or consultancy; transferable skills from Pensions or GI considered.
- Other info: Work in a supportive environment with a strong emphasis on career development.
The predicted salary is between 36000 - 60000 £ per year.
MERJE are working with a Life Insurance client who are looking for a Nearly/Newly Qualified Actuary to join their Insurance function.
Responsibilities
- This role will have multiple deliverables across both first and second line risk.
- You will have the opportunity to present regularly to the Senior and Executive committees.
- This will be across Capital, Reserving and Risks faced by the products and business via full risk analysis and review.
Qualifications / Experience
- We are looking for candidates with experience in a Life Insurance, or consultancy setting.
- Those in Pensions or GI may be considered if they can transfer their capabilities.
- Candidates ideally have experienced a few different tranches of the Actuarial world across areas such as Reporting, Risk, Capital, Valuations.
Support
- Full study support will be provided in line with internal standards.
- Hybrid working with an even split between home and office based.
Nearly/Newly Qualified Life Actuary employer: The Actuary
Contact Detail:
The Actuary Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Nearly/Newly Qualified Life Actuary
✨Tip Number 1
Network like a pro! Reach out to fellow actuaries or professionals in the Life Insurance sector. Attend industry events or webinars to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and soft skills. Practice presenting complex actuarial concepts clearly, as you’ll need to impress those Senior and Executive committees.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It shows professionalism and keeps you on their radar.
✨Tip Number 4
Apply through our website for the best chance at landing that Nearly/Newly Qualified Actuary role. We’re here to support you every step of the way, so take advantage of our resources!
We think you need these skills to ace Nearly/Newly Qualified Life Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the Nearly/Newly Qualified Life Actuary role. Highlight your experience in Life Insurance or consultancy settings, and don’t forget to mention any exposure to Reporting, Risk, Capital, or Valuations.
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 background makes you a great fit. Be sure to mention your ability to present to senior committees, as this is a key part of the job.
Showcase Your Analytical Skills: Since the role involves full risk analysis and review, make sure to highlight any relevant projects or experiences where you’ve demonstrated strong analytical skills. We want to see how you approach problem-solving in the actuarial world!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
As a Nearly/Newly Qualified Life Actuary, you’ll need to be comfortable with data and analysis. Brush up on key actuarial concepts related to Capital, Reserving, and Risk. Be ready to discuss how you've applied these in previous roles or projects.
✨Prepare for Technical Questions
Expect technical questions that assess your understanding of life insurance products and risk management. Review common actuarial problems and think through your approach to solving them. Practising with a friend or mentor can help you articulate your thought process clearly.
✨Showcase Your Communication Skills
Since you'll be presenting to Senior and Executive committees, it’s crucial to demonstrate strong communication skills. Prepare a few examples of how you've effectively communicated complex actuarial concepts to non-technical stakeholders in the past.
✨Understand the Company Culture
Research the company’s values and culture. Understanding their approach to hybrid working and study support can help you align your answers with what they value. Be ready to discuss how you can contribute to their team dynamic and goals.
