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- Tasks: Join a project to redesign global economic capital models and develop risk calibrations.
- Company: pmactuarial is a leading specialist in Actuarial recruitment within the UK Life insurance sector.
- Benefits: Earn up to Ā£800/day with flexible contract terms and potential for higher rates.
- Why this job: Work on impactful projects for a global insurer while enhancing your actuarial skills.
- Qualifications: Experience in capital and risk modelling is essential; EU work permit required.
- Other info: Contract duration is 9-12 months, offering a dynamic work environment in London.
pmactuarial specialise in Actuarial search within UK Life insurance. We have been asked to find an experienced contractor to work on a project for a large global insurer. The purpose of the role is the redesign of global economic capital models to link to embedded value reporting.
The role will require:
- Model build
- Tool development
- Risk calibrations
- Capital and risk modelling
- Documentation
The role is expected to last for 9-12 months and would offer cĀ£800/day inside of IR35 although we are open to applications from those with suitable skills requiring a higher rate.
Capital/Risk Modelling Actuary ā Contract employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Capital/Risk Modelling Actuary ā Contract
āØTip Number 1
Network with professionals in the actuarial field, especially those who have experience in capital and risk modelling. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends.
āØTip Number 2
Familiarise yourself with the specific tools and software commonly used in economic capital modelling. Highlight your proficiency in these tools during discussions or interviews to demonstrate your readiness for the role.
āØTip Number 3
Prepare to discuss your previous experience with model building and risk calibrations in detail. Be ready to provide examples of how your work has positively impacted past projects, showcasing your problem-solving skills.
āØTip Number 4
Stay updated on regulatory changes and industry standards related to capital modelling. This knowledge will not only help you in interviews but also show your commitment to staying relevant in the field.
We think you need these skills to ace Capital/Risk Modelling Actuary ā Contract
Some tips for your application š«”
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Capital/Risk Modelling Actuary. Familiarise yourself with model building, tool development, and risk calibrations as these are key aspects of the job.
Tailor Your CV: Customise your CV to highlight relevant experience in actuarial work, particularly in capital and risk modelling. Use specific examples from your past roles that demonstrate your skills in model build and documentation.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are the perfect fit for this contract role. Mention your experience with global economic capital models and how it aligns with the company's needs.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no typos or grammatical errors, as attention to detail is crucial in the finance sector.
How to prepare for a job interview at TN United Kingdom
āØUnderstand the Role
Make sure you have a solid grasp of what a Capital/Risk Modelling Actuary does. Familiarise yourself with global economic capital models and embedded value reporting, as these are key aspects of the role.
āØShowcase Your Technical Skills
Be prepared to discuss your experience with model building, tool development, and risk calibrations. Bring examples of past projects where you've successfully implemented these skills.
āØPrepare for Scenario Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about how you would approach redesigning a capital model or addressing specific risks in a project.
āØAsk Insightful Questions
Demonstrate your interest in the company and the role by asking thoughtful questions. Inquire about the team dynamics, the specific challenges they face, and how success is measured in this position.
