Actuary, Assumption Development, R&D – 29068
Actuary, Assumption Development, R&D – 29068

Actuary, Assumption Development, R&D – 29068

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Develop market-leading assumptions and build innovative models in Longevity and Protection markets.
  • Company: Dynamic company at the forefront of actuarial research and development.
  • Benefits: Competitive salary, professional growth, and a collaborative work environment.
  • Why this job: Make a real impact in the insurance industry while working with cutting-edge data and technology.
  • Qualifications: Nearly qualified or qualified actuary with programming skills and market knowledge.
  • Other info: Exciting opportunities for career advancement and engagement with academic partners.

The predicted salary is between 36000 - 60000 £ per year.

In this role, you will work across both Longevity and Protection markets, giving you diverse exposure and the opportunity to make a real impact.

Location: London

Category: Research & Development

Type: Permanent

Key Duties (Including but not limited to):

  • Contribute to the development of market-leading assumptions by sourcing data, building models, and bringing innovative approaches to assumption setting.
  • Provide robust challenge to assumptions and approaches adopted by Pricing.
  • Build effective working relationships with stakeholders across the company, to support alignment and understanding of technical recommendations.
  • Support actuarial research initiatives, including contributing to internal analysis, thought-leadership work, and engagement with academic partners.

Qualifications:

  • Nearly qualified or qualified Fellow of the Institute or Faculty of Actuaries or Society of Actuaries or other similar organisation.
  • An understanding of one or more of the markets they operate in (Longevity or Protection reinsurance).
  • Familiarity of experience studies, trend modelling, and pricing within the life insurance industry (including reinsurers, insurers and consultancy).
  • Competent in using programming languages (e.g. SQL, R or Tyche).

Actuary, Assumption Development, R&D – 29068 employer: The Emerald Group

As an employer, we pride ourselves on fostering a collaborative and innovative work culture that empowers our actuaries to thrive in their roles. Located in the vibrant city of London, we offer competitive benefits, continuous professional development opportunities, and the chance to engage with leading experts in the field, ensuring that your contributions have a meaningful impact on both the company and the industry at large.
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Contact Detail:

The Emerald Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuary, Assumption Development, R&D – 29068

Tip Number 1

Network like a pro! Reach out to professionals in the Longevity and Protection markets on LinkedIn. We can leverage our connections to get insights and maybe even referrals that could land us an interview.

Tip Number 2

Prepare for those interviews by brushing up on your technical skills. Make sure we can confidently discuss data sourcing, model building, and innovative approaches to assumption setting. Practice makes perfect!

Tip Number 3

Showcase our passion for actuarial research! Bring examples of past projects or thought-leadership work to the table. This will demonstrate our commitment to the field and make us stand out.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, we can keep track of our applications easily and stay updated on any new opportunities.

We think you need these skills to ace Actuary, Assumption Development, R&D – 29068

Data Sourcing
Model Building
Assumption Setting
Stakeholder Engagement
Actuarial Research
Experience Studies
Trend Modelling
Pricing in Life Insurance
SQL
R
Tyche
Communication Skills
Analytical Skills
Problem-Solving Skills
Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Actuary role. Highlight your experience in Longevity and Protection markets, and don’t forget to showcase your programming skills. We want to see how you can bring innovative approaches to assumption setting!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial research and how your background aligns with our needs. We love seeing candidates who can build effective relationships, so share examples of your teamwork!

Showcase Your Technical Skills: Since this role involves data sourcing and model building, make sure to highlight your technical skills. If you’ve worked with SQL, R, or Tyche, let us know! We’re looking for someone who can contribute to market-leading assumptions.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get to know you better. Don’t miss out on the chance to make a real impact with us!

How to prepare for a job interview at The Emerald Group

Know Your Numbers

As an actuary, you'll be dealing with data and models all the time. Brush up on your understanding of experience studies and trend modelling before the interview. Be ready to discuss how you've used these in past roles or projects.

Showcase Your Programming Skills

Familiarity with programming languages like SQL, R, or Tyche is crucial. Prepare examples of how you've applied these skills in real-world scenarios. Maybe you built a model or analysed data – share those stories!

Build Relationships

This role requires effective collaboration with stakeholders. Think of examples where you've successfully worked with others to achieve a common goal. Highlight your communication skills and how you can bridge technical recommendations with non-technical teams.

Stay Current with Industry Trends

The Longevity and Protection markets are always evolving. Do some research on recent developments and be prepared to discuss how they might impact assumption setting. Showing that you're engaged with the industry will impress your interviewers.

Actuary, Assumption Development, R&D – 29068
The Emerald Group
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