At a Glance
- Tasks: Lead and support actuarial projects, building models and delivering client solutions.
- Company: Join a growing team in a leading consultancy focused on UK life insurers.
- Benefits: Competitive salary, professional development, and opportunities for impactful project work.
- Other info: Dynamic environment with opportunities to shape the future of actuarial consulting.
- Why this job: Make a real difference in the insurance industry while developing your skills.
- Qualifications: Recently qualified actuary with strong modelling skills and life insurance knowledge.
The predicted salary is between 60000 - 80000 € per year.
This is an actuarial manager / senior consultant role within a growing team, focused on supporting UK life insurers across a wide range of actuarial topics including reporting, modelling, valuation, risk, pricing, product, ALM, capital and project leadership. You will play a key role in developing client solutions, building models rapidly and to a high standard, coordinating technical delivery, and supporting senior managers, directors and managing directors in delivering end‑to‑end engagements. You will have a “once in a career” opportunity to contribute to the overall development of the consulting proposition and to build your personal profile via high‑impact project work.
It is expected that a typical day will involve:
- Supporting or leading on a range of actuarial projects including modelling activities such as building or enhancing models (e.g., cashflow models, valuation tools, pricing models, scenario models) efficiently and accurately.
- Carrying out actuarial analyses covering valuations, reserving, Solvency UK reporting, IFRS 17 based assessments, pricing reviews, assumption setting and experience investigations.
- Supporting the development and review of actuarial processes, models and documentation to ensure robust governance and compliance with regulatory and professional standards.
- Contributing to client projects across risk, capital, ALM, valuations activities for captives, annuity business, and M&A.
- Assisting in the preparation of responses to request for proposals (RFPs), client reports and other client ready materials.
- Helping deliver project workstreams, coordinating junior team members and ensuring quality of outputs.
- Working closely with senior managers and directors within the team to help develop modelling analysis and making meaningful recommendations.
- Developing technology enabled solutions (e.g., Python, R, SQL, DataBricks, Power BI) to streamline actuarial processes.
- Developing your internal network.
- Being agile and flexible to ensure that the team is fully supported.
Role holder is expected to have/be:
- A recently newly / nearly qualified actuary with a solid grasp on life insurance actuarial principles.
- Strong understanding of the UK Life Insurance market and willingness to apply actuarial principles across diverse product areas.
- Strong ability to develop and implement chosen actuarial methodologies within Excel or similar tools.
- Strong modelling skills and ability to rapidly build, understand and enhance actuarial models in Excel, actuarial systems and/or programming languages (e.g. Python).
- Experience gained in a (re)insurance company, BPA provider (preferable), with exposure to valuation, pricing, ALM, reporting, risk or capital.
- High performing self-motivated team player that both leads and works collaboratively and is agile & willing to participate in other projects within the team.
- Ability to work under pressure, takes initiative, proactive, shows resolve and is agile.
- Ability to shape and develop modelling, automation and analytics (e.g., Python/R/SQL/Alteryx/Power BI).
Senior Actuarial Associate in London employer: The Emerald Group Ltd, Search and Selection
As a Senior Actuarial Associate, you will join a dynamic and innovative team dedicated to supporting UK life insurers with a variety of actuarial challenges. Our company fosters a collaborative work culture that prioritises professional growth, offering unique opportunities to lead high-impact projects and develop cutting-edge solutions using advanced technology. With a commitment to employee development and a supportive environment, we ensure that your contributions are recognised and valued, making this an exceptional place to advance your career in the actuarial field.
Contact Detail:
The Emerald Group Ltd, Search and Selection Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuarial Associate in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, webinars, or even casual meet-ups. The more you engage with professionals, the better your chances of landing that Senior Actuarial Associate role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of your modelling skills and how you've tackled actuarial challenges. This is your time to shine and show them what you can bring to the table.
✨Tailor Your Approach
Make sure you tailor your conversations to the company’s needs. Research their projects and challenges, and come prepared with ideas on how you can contribute. This shows you're not just another candidate; you're someone who’s genuinely interested in their success.
✨Apply Through Us!
Don’t forget to apply through our website! We’re always on the lookout for talented individuals like you. Plus, it gives you a direct line to our hiring team, making it easier for us to see your application and get you in for an interview.
We think you need these skills to ace Senior Actuarial Associate in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Actuarial Associate role. Highlight your experience with life insurance actuarial principles and any relevant projects you've led or contributed to. We want to see how your skills align with what we're looking for!
Showcase Your Modelling Skills:Since modelling is a big part of this role, be sure to showcase your modelling skills in Excel or programming languages like Python. Include specific examples of models you've built or enhanced, and how they made an impact on your previous projects.
Highlight Team Collaboration:We love team players! In your application, mention instances where you've collaborated with others, especially in delivering project workstreams or coordinating junior team members. This shows us you're not just a lone wolf but someone who thrives in a team environment.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for.
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Actuarial Stuff
Make sure you brush up on your knowledge of life insurance actuarial principles. Be ready to discuss specific topics like valuation, pricing, and risk management. The more you can demonstrate your understanding of these areas, the better you'll impress the interviewers.
✨Show Off Your Modelling Skills
Prepare to talk about your experience with building and enhancing actuarial models. Bring examples of your work, especially if you've used tools like Excel, Python, or SQL. Being able to explain your thought process and the impact of your models will set you apart.
✨Be a Team Player
This role requires collaboration, so be ready to share examples of how you've worked effectively in teams. Highlight any leadership experiences, but also show that you can support others and contribute to group success. They want to see you as someone who can both lead and follow.
✨Demonstrate Agility and Initiative
The ability to adapt and take initiative is key in this role. Prepare to discuss situations where you've had to pivot quickly or take charge of a project. Show them you're proactive and can handle pressure while still delivering high-quality results.
