At a Glance
- Tasks: Lead a team of actuaries and manage regulatory responsibilities for Britannia and Wren.
- Company: Join Tindall Riley, a leader in the insurance industry with a collaborative environment.
- Benefits: Competitive salary, leadership opportunities, and a chance to shape the future of actuarial practices.
- Other info: Dynamic role with opportunities for professional growth and influence in the industry.
- Why this job: Make a significant impact on risk management and contribute to strategic decision-making.
- Qualifications: Extensive actuarial experience and strong leadership skills required.
The predicted salary is between 80000 - 120000 £ per year.
We are looking for a Chief Actuary to lead the Tindall Riley team of actuaries. The role will include fulfilling the regulatory SMF20 roles for Britannia and Wren. You will lead a team of 8 and report to the Tindall Riley CFO.
Key Responsibilities:
- Britannia SMF20 and Wren SMF20
- Support the CFO in co-ordinating and managing the calculation of the Technical Provisions.
- Provide actuarial opinions on the Association’s: appropriateness of the Solvency technical provisions overall underwriting policy; and adequacy of the reinsurance arrangements.
- Contribute to the Association’s risk management, including: calculating the SCR and internal capital requirements, for regulatory returns and the ORSA; and assessing the accuracy and appropriateness of the standard formula SCR calculation for the business.
- Present findings on the above to the appropriate Boards / Committees.
Key Responsibilities: Additional to SMF20 responsibilities
- Manage the Tindall Riley Actuarial Team, including providing oversight to Pricing Function.
- For Britannia, support submission of regulatory returns, in: Japan, Hong Kong, Singapore, Bermuda, US.
- Chair Reserving Working Group for Hydra Insurance Company Ltd.
- Support Britannia’s calculation of the S&P capital model.
Chief Actuary in London employer: Tindall Riley
Tindall Riley is an exceptional employer, offering a dynamic work environment where actuaries can thrive and make a significant impact. With a strong focus on employee development, our culture promotes collaboration and innovation, ensuring that you have the resources and support to excel in your role as Chief Actuary. Located in a vibrant area, we provide unique opportunities for professional growth while contributing to meaningful projects that shape the future of our industry.
StudySmarter Expert Advice🤫
We think this is how you could land Chief Actuary in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Tindall Riley). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Tindall Riley. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Chief Actuary in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Tindall Riley.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Tindall Riley. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Tindall Riley
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Tindall Riley to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Tindall Riley, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Tindall Riley's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
