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.
- Other info: Exciting opportunities for career advancement and engagement with academic partners.
- 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.
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.
StudySmarter Expert Advice🤫
We think this is how you could land Actuary, Assumption Development, R&D – 29068
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like The Emerald Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Actuary, Assumption Development, R&D – 29068
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to The Emerald Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on The Emerald Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at The Emerald Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with The Emerald Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at The Emerald Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former The Emerald Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
