Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Actuarial team to deliver crucial reports and insights for business management.
- Company: We are a leading firm in the insurance sector, committed to excellence and innovation.
- Benefits: Enjoy a permanent role with competitive pay, flexible working options, and professional development opportunities.
- Why this job: Be part of a dynamic team making impactful decisions in a supportive and collaborative culture.
- Qualifications: Ideal candidates are newly or nearly qualified actuaries with 5-7 years of experience in financial reporting.
- Other info: Experience with Prophet actuarial platform is a plus, but not essential.
The predicted salary is between 48000 - 72000 £ per year.
Reporting Actuary is a key member of the Actuarial team. The member will support the delivery of all reporting to meet regulatory and business management requirements.
Key Duties (Including but not limited to):
- Provide timely and accurate delivery of results and reports, under the following reporting metrics: Solvency II Pillar 1 & Pillar 2.
- Calculate and monitor solvency coverage and understand the drivers in movement.
- Calculate new business profit margins for reporting to senior management.
- Ensure the appropriateness of methodology and assumptions used for reporting purposes.
Minimum Requirements:
- Newly or nearly qualified actuary with ideally at least 5-7 years of actuarial experience.
- Financial reporting experience particularly for Solvency II.
- Knowledge of different types of life insurance products in the UK.
- Have some previous actuarial modelling experience through working in a consultancy environment, or for a life insurer.
- Prophet actuarial platform knowledge is preferred but not must.
Reporting Actuary – 28537 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reporting Actuary – 28537
✨Tip Number 1
Familiarise yourself with Solvency II regulations, especially Pillar 1 and Pillar 2 metrics. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the actuarial field, particularly those who have experience in financial reporting. Engaging with industry experts can provide insights and potentially lead to referrals for the position.
✨Tip Number 3
Brush up on your actuarial modelling skills, especially if you have experience with Prophet or similar platforms. Being able to discuss your modelling experience confidently can set you apart from other candidates.
✨Tip Number 4
Stay updated on the latest trends in life insurance products in the UK. Showing that you are knowledgeable about the market can impress interviewers and highlight your proactive approach to the role.
We think you need these skills to ace Reporting Actuary – 28537
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your actuarial experience, particularly in financial reporting and Solvency II. Emphasise any relevant projects or roles that demonstrate your ability to deliver accurate results and reports.
Craft a Strong Cover Letter: In your cover letter, explain why you are interested in the Reporting Actuary position. Mention your qualifications, experience with life insurance products, and any familiarity with the Prophet actuarial platform. Show how your skills align with the key duties outlined in the job description.
Highlight Relevant Experience: When detailing your work history, focus on your experience in actuarial modelling and financial reporting. Provide specific examples of how you've calculated solvency coverage or new business profit margins, as these are crucial for the role.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is essential for an actuary.
How to prepare for a job interview at The Emerald Group
✨Understand Solvency II Inside Out
Make sure you have a solid grasp of Solvency II regulations, especially Pillar 1 and Pillar 2. Be prepared to discuss how these metrics impact financial reporting and the overall business strategy.
✨Showcase Your Actuarial Experience
Highlight your actuarial experience, particularly in financial reporting and life insurance products. Be ready to provide examples of how you've calculated new business profit margins or monitored solvency coverage in previous roles.
✨Familiarise Yourself with Reporting Methodologies
Brush up on the methodologies and assumptions used in actuarial reporting. You might be asked to explain your approach to ensuring their appropriateness, so having a clear understanding will help you stand out.
✨Prepare for Technical Questions
Expect technical questions related to actuarial modelling and the Prophet platform. Even if you don't have extensive experience with Prophet, demonstrating your willingness to learn and adapt can leave a positive impression.
