Valuation Actuary – 29619

Valuation Actuary – 29619

Full-Time 60000 - 80000 £ / year (est.) No home office possible
The Emerald Group

At a Glance

  • Tasks: Join the Valuation team to enhance actuarial modelling and support innovative projects.
  • Company: Dynamic life insurance company based in London with a focus on collaboration.
  • Benefits: Permanent position with competitive salary and opportunities for professional growth.
  • Other info: Exciting opportunity to work with Tyche and develop your skills in a supportive environment.
  • Why this job: Make a real impact in the actuarial field while working with advanced modelling systems.
  • Qualifications: Qualified or nearly qualified actuary with 3-6 years of relevant experience.

The predicted salary is between 60000 - 80000 £ per year.

This role provides an opportunity to play a key role in the effective operation and governance of the actuarial modelling framework within the Valuation team.

Location: London

Category: Life Actuarial

Type: Permanent

Key Duties (Including but not limited to):

  • Work closely with AST to support effective operation and development of the Tyche modelling platform
  • Lead the definition and documentation of model requirements arising from valuation and business needs
  • Support the implementation of new business and model enhancements within the modelling framework
  • Support the structured delivery of model changes through design and execution of User Acceptance Testing (UAT)

Qualified or nearly qualified actuary with 3-6 years’ experience in life insurance or life reinsurance.

Strong experience working with actuarial modelling systems (Tyche experience highly desirable) and proficient with Microsoft Excel.

Experience working with model inputs, outputs and data hierarchies within actuarial modelling frameworks.

Valuation Actuary – 29619 employer: The Emerald Group

As a Valuation Actuary in London, you will join a dynamic team that values innovation and collaboration, offering a supportive work culture that encourages professional growth and development. With access to cutting-edge actuarial modelling tools and a commitment to employee well-being, this role provides a unique opportunity to contribute to impactful projects while advancing your career in a thriving environment.
The Emerald Group

Contact Detail:

The Emerald Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Valuation Actuary – 29619

Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field, especially those who have experience with Tyche. A friendly chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss your experience with actuarial modelling systems and how you've tackled challenges in past roles. We want you to shine!

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team and contributing to the Valuation team’s success.

We think you need these skills to ace Valuation Actuary – 29619

Actuarial Modelling
Tyche Modelling Platform
User Acceptance Testing (UAT)
Microsoft Excel
Model Requirements Definition
Data Hierarchies Management
Life Insurance Knowledge
Life Reinsurance Experience
Documentation Skills
Project Delivery
Collaboration Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience with actuarial modelling systems, especially Tyche if you have it. We want to see how your skills align with the key duties mentioned in the job description.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for the Valuation Actuary role. Share specific examples of your past work that relate to model requirements and UAT processes.

Showcase Your Technical Skills: Since proficiency in Microsoft Excel is crucial, don’t forget to mention any advanced Excel skills you have. We love seeing how you’ve used these skills in real-world scenarios!

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 this exciting opportunity!

How to prepare for a job interview at The Emerald Group

Know Your Modelling Systems

Make sure you brush up on your knowledge of actuarial modelling systems, especially Tyche. Be ready to discuss your experience with these platforms and how you've used them in previous roles. This will show that you're not just familiar with the tools but can also contribute effectively from day one.

Demonstrate Your Analytical Skills

Prepare to showcase your analytical skills by discussing specific examples where you've defined model requirements or supported model enhancements. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easier for the interviewers to see your thought process and problem-solving abilities.

Excel Proficiency is Key

Since proficiency in Microsoft Excel is a must-have, be ready to talk about your experience with complex spreadsheets, data analysis, and any advanced functions you’ve used. If possible, bring examples of your work to demonstrate your skills, as this will give you an edge over other candidates.

Prepare for UAT Discussions

User Acceptance Testing (UAT) is a crucial part of the role, so be prepared to discuss your experience with structured delivery of model changes. Think of specific instances where you led or participated in UAT, and be ready to explain how you ensured the models met business needs and were delivered on time.

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