At a Glance
- Tasks: Develop client solutions and build high-quality actuarial models.
- Company: Leading firm in the UK Life Insurance market with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic work environment with exposure to diverse product areas.
- Why this job: Make a real impact in the insurance industry while honing your actuarial skills.
- Qualifications: Recently qualified actuary with strong modelling skills and life insurance knowledge.
The predicted salary is between 50000 - 70000 £ per year.
Overview
Key Duties (Including but not limited to):
- 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.
- Carrying out actuarial analyses covering valuations, reserving, Solvency UK reporting, IFRS 17 based assessments, pricing reviews, assumption setting and experience investigations.
Qualifications
- A recently newly / nearly qualified actuary with a solid grasp on life insurance actuarial principles.
Experience
- Strong understanding of the UK Life Insurance market and willingness to apply actuarial principles across diverse product areas.
- Experience gained in a (re)insurance company, BPA provider (preferable), with exposure to valuation, pricing, ALM, reporting, risk or capital.
- Strong modelling skills and ability to rapidly build, understand and enhance actuarial models in Excel, actuarial systems and/or programming languages (e.g. Python).
Senior Consultant – 29777 in London employer: The Emerald Group Ltd, Search and Selection
As a Senior Consultant at our firm, you will thrive in a dynamic and supportive work culture that prioritises professional growth and development. We offer competitive benefits, including flexible working arrangements and opportunities for continuous learning, all within the vibrant UK Life Insurance market. Join us to make a meaningful impact while collaborating with experienced professionals who are dedicated to delivering high-quality client solutions.
Contact Details:
The Emerald Group Ltd, Search and Selection Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Consultant – 29777 in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in life insurance. A friendly chat can lead to insider info about job openings or even referrals.
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your modelling work and any relevant projects. This will help you stand out during interviews and demonstrate your expertise in building and enhancing actuarial models.
✨Tip Number 3
Practice makes perfect! Brush up on your technical delivery skills and be ready to discuss how you've coordinated projects in the past. Use real examples to illustrate your experience with valuations, pricing, and reporting.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace Senior Consultant – 29777 in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the key skills and experiences mentioned in the job description. Highlight your actuarial qualifications and any relevant experience in the UK Life Insurance market to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Senior Consultant role. Share specific examples of how you've developed client solutions or built models in the past.
Showcase Your Technical Skills:We love seeing strong modelling skills! Be sure to mention your experience with Excel, actuarial systems, or programming languages like Python. If you’ve built or enhanced models, let us know how you did it!
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. We can’t wait to see what you bring to the table!
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 life insurance actuarial principles. Be ready to discuss how you've applied these in real-world scenarios, especially in areas like valuations and pricing reviews. This will show that you’re not just book-smart but also practical.
✨Showcase Your Modelling Skills
Prepare to demonstrate your modelling skills, particularly in Excel or any programming languages like Python. You might be asked to solve a problem on the spot, so practice building and enhancing models quickly. This will highlight your technical prowess.
✨Understand the UK Life Insurance Market
Familiarise yourself with current trends and challenges in the UK Life Insurance market. Being able to discuss recent developments or regulatory changes will impress your interviewers and show that you’re engaged with the industry.
✨Be Ready for Technical Questions
Expect some technical questions related to actuarial analyses and reporting standards like IFRS 17. Prepare by reviewing key concepts and think about how you would approach various scenarios. This will help you feel confident and articulate during the interview.
