At a Glance
- Tasks: Lead the refresh of solvency risk appetite and partner on model updates.
- Company: Large UK-based insurance company with a focus on economic capital.
- Benefits: Generous completion bonus and competitive salary for a 12-month contract.
- Other info: Opportunity for professional growth in a dynamic environment.
- Why this job: Make a significant impact in risk management at a leading insurance firm.
- Qualifications: Strong risk/SST experience and eligibility to work in the UK.
The predicted salary is between 70000 - 90000 £ per year.
The Actuary is seeking a Senior Manager to lead the refresh of the solvency risk appetite at a large UK-based insurance company. Key responsibilities include partnering with the First Line for model updates, defining stress testing frameworks, and maintaining economic capital documentation.
The ideal candidate should have excellent risk/SST experience and be eligible to work in the UK. This is a 12-month fixed-term contract with a generous completion bonus offered.
Senior Manager, Economic Capital & Solvency Risk employer: The Actuary
As a leading UK-based insurance company, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel in their roles. With a strong focus on professional development, we offer numerous growth opportunities and a generous completion bonus for this fixed-term contract, making it an ideal environment for those looking to make a meaningful impact in the field of economic capital and solvency risk.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Economic Capital & Solvency Risk
✨Tip Number 1
Network like a pro! Reach out to professionals in the insurance and risk management sectors. Attend industry events or webinars, and don’t be shy about connecting on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company’s current solvency risk strategies and think about how your experience aligns with their needs. Practise answering common interview questions related to economic capital and stress testing frameworks.
✨Tip Number 3
Showcase your expertise! Bring along examples of your previous work in risk management and model updates. Use real-life scenarios to demonstrate how you’ve successfully navigated similar challenges in the past.
✨Tip Number 4
Don’t forget to apply through our website! We make it easy for you to find roles that match your skills. Plus, applying directly can sometimes give you an edge over other candidates. Let’s get you that Senior Manager position!
We think you need these skills to ace Senior Manager, Economic Capital & Solvency Risk
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in solvency risk and economic capital. We want to see how your skills align with the key responsibilities mentioned in the job description.
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 role, focusing on your risk/SST experience and how you can contribute to our team.
Showcase Relevant Achievements:Don’t just list your duties; showcase your achievements in previous roles. We love to see quantifiable results that demonstrate your impact in the field of solvency risk.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
Make sure you brush up on your knowledge of economic capital and solvency risk metrics. Be prepared to discuss how you've applied these concepts in previous roles, especially in relation to model updates and stress testing frameworks.
✨Showcase Your Collaboration Skills
Since the role involves partnering with the First Line, think of examples where you've successfully collaborated with different teams. Highlight your communication skills and how you’ve navigated complex discussions to achieve common goals.
✨Prepare for Technical Questions
Expect some technical questions related to risk management and SST. Review key methodologies and be ready to explain your thought process. It’s a great opportunity to demonstrate your expertise and problem-solving abilities.
✨Understand the Company Culture
Research the insurance company’s values and culture. Tailor your responses to show how your personal values align with theirs. This will help you stand out as a candidate who not only has the skills but also fits well within their team.
