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For Companies At a Glance
- Tasks: Conduct assessments of actuarial reserves and collaborate with stakeholders to optimise insurance portfolios.
- Company: Leading insurance firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: University degree in a technical field and qualified actuary with reserving experience.
- Other info: Exciting environment with strong emphasis on collaboration and growth.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Key Duties (Including but not limited to):
- Conduct quarterly assessments of in-house actuarial reserve indications on both an ultimate basis and an earned basis, ensuring results are clearly and appropriately presented throughout the business.
- Conduct quarterly assessments of the Solvency II Technical Provisions and ensure outputs are communicated effectively.
- Lead and coordinate the parameterisation and validation of Reserve Risk for the capital model.
- Collaborate effectively with both external and internal stakeholders – including actuaries, underwriters, portfolio managers and finance teams to perform analyses and optimise portfolios of insurance risks.
Qualifications
- University degree within a technical field (i.e., Science, Mathematics, Engineering).
- Qualified actuary.
- Reserving experience, preferably in the Lloyd’s or London Market.
- Data manipulation and technical modelling skills.
- Strong Excel skills.
- Experience of UK and/or US GAAP reporting would be beneficial.
Reserving Actuary – 29398 employer: The Emerald Group Ltd, Search and Selection
Contact Detail:
The Emerald Group Ltd, Search and Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuary – 29398
✨Tip Number 1
Network like a pro! Reach out to fellow actuaries, underwriters, and finance folks on LinkedIn. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Be ready to discuss your experience with Solvency II and reserve risk – they’ll want to see you in action!
✨Tip Number 3
Showcase your data manipulation skills! Bring examples of how you've used Excel to solve problems or optimise portfolios. Real-life stories make you memorable.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Reserving Actuary – 29398
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your reserving experience and technical skills. We want to see how your background aligns with the role, so don’t be shy about showcasing your qualifications and relevant experiences!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the Reserving Actuary role and how your skills can benefit us. Keep it concise but impactful!
Showcase Your Collaboration Skills: Since this role involves working with various stakeholders, make sure to mention any past experiences where you’ve successfully collaborated with teams. We love seeing teamwork in action!
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 the role. Plus, it’s super easy!
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Numbers
As a Reserving Actuary, you'll be dealing with complex data and calculations. Brush up on your technical modelling skills and be ready to discuss specific examples of how you've conducted reserve assessments in the past. This will show your expertise and confidence in handling the role.
✨Communicate Clearly
Since the job involves collaborating with various stakeholders, practice explaining your actuarial findings in simple terms. Prepare to discuss how you’ve effectively communicated complex results to non-technical teams, ensuring everyone understands the implications of your work.
✨Showcase Your Experience
Highlight your reserving experience, especially if it’s within the Lloyd’s or London Market. Be prepared to share specific projects or challenges you faced, and how you overcame them. This will demonstrate your practical knowledge and ability to adapt in a dynamic environment.
✨Excel at Excel
Strong Excel skills are crucial for this role. Before the interview, brush up on advanced Excel functions and be ready to discuss how you’ve used them in your previous roles. You might even want to prepare a quick example or two to illustrate your proficiency.
