At a Glance
- Tasks: Analyze demographic and economic data to support actuarial processes and stakeholder communication.
- Company: Join Unum UK, a leader in employee benefits dedicated to creating healthy workplaces.
- Benefits: Enjoy competitive salary, performance incentives, private medical insurance, and generous holiday options.
- Why this job: Be part of a supportive culture that fosters growth and offers endless career possibilities.
- Qualifications: Must be a qualified actuary or close to qualification with strong communication skills.
- Other info: Hybrid work model with opportunities for coaching and collaboration with senior stakeholders.
The predicted salary is between 43200 - 72000 £ per year.
Job Posting End Date: March 17
Who are we?
We’re a specialist employee benefits provider, striving to create healthy, happy workplaces. As part of the international Unum Group, we’re on a collective mission to help the working world thrive.
The role
What will you be doing?
Qualified Actuary
Location: Hybrid, minimum 2 days a week with minimum 1 day in Dorking. Other day(s) could be in Dorking, Basingstoke or London.
Unum UK are seeking a highly skilled Actuarial Manager to join our Actuarial Risk and Capital Team. The successful candidate will be responsible for analysing and reporting on demographic and economic experience, and use the analysis and actuarial judgement to support the setting of assumptions, calibrate the capital stresses for the internal model and report on the experience. There are also opportunities to work on change and capital initiatives and projects. This role involves significant interaction with senior stakeholders and requires excellent communication skills, both written and verbal.
You will provide guidance and coaching to actuarial students and newly qualified actuaries. Furthermore, you will collaborate with internal and external auditors and validation teams to ensure the integrity and accuracy of all actuarial processes.
What will you bring?
- Qualified actuary (Will consider candidates with 1 exam remaining)
- Willing to consider candidates from Life, GI and Pensions backgrounds
- Knowledge of Solvency II and UK regulatory requirements.
- Excellent communication and interpersonal skills.
- Ability to work under pressure and manage competing demands.
- Strong IT skills and highly numerate.
Our Benefits:
- Competitive Salary
- Generous Performance Based Incentive
- Private Medical Insurance
- Generous Pension contributions
- Life and income insurance
- Access to remote GP, nutrition coaching, personal training, unlimited mental health support, and medical second opinion
- 27 days holiday with the option to buy and sell up to 5 days (plus Bank Holidays)
- Salary sacrifice electric car scheme with free on-site electric chargers
Why join us?
At Unum, we’ve created a workplace where people feel supported to progress and grow, and can see their ambitions coming to life.
We’ve built a supportive, inclusive environment where you can be yourself, whilst also being part of a growing organisation. From charity and volunteer opportunities to career growth, your possibilities are endless.
If you need assistance and/or reasonable accommodation due to a disability during the application or recruiting process, please send a request to .
Company:
Unum UK
#J-18808-Ljbffr
Qualified Actuary employer: Unum
Contact Detail:
Unum Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Qualified Actuary
✨Tip Number 1
Familiarize yourself with the specific requirements of Solvency II and UK regulatory standards. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the industry.
✨Tip Number 2
Highlight your experience in analyzing demographic and economic data. Be prepared to discuss specific examples where your analysis led to significant business decisions or improvements.
✨Tip Number 3
Since this role involves significant interaction with senior stakeholders, practice articulating complex actuarial concepts in a clear and concise manner. This will showcase your communication skills during the interview.
✨Tip Number 4
Consider reaching out to current or former employees at Unum UK on professional networking platforms. They can provide insights into the company culture and expectations, which can be invaluable for your application.
We think you need these skills to ace Qualified Actuary
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Qualified Actuary position. Understand the key responsibilities and required skills, such as knowledge of Solvency II and UK regulatory requirements, to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in actuarial roles, particularly any work related to demographic and economic analysis. Mention specific projects or achievements that demonstrate your ability to manage competing demands and interact with senior stakeholders.
Showcase Communication Skills: Since excellent communication skills are crucial for this role, provide examples in your application that illustrate your written and verbal communication abilities. This could include experiences where you successfully guided teams or collaborated with auditors.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your enthusiasm for the role and the company. Mention why you want to join Unum UK specifically and how your values align with their mission to create healthy, happy workplaces.
How to prepare for a job interview at Unum
✨Showcase Your Actuarial Expertise
Be prepared to discuss your experience with demographic and economic analysis. Highlight specific projects where you've used actuarial judgment to set assumptions or calibrate capital stresses, as this will demonstrate your technical skills relevant to the role.
✨Communicate Effectively
Since the role requires excellent communication skills, practice articulating complex actuarial concepts in a clear and concise manner. Be ready to provide examples of how you've successfully communicated with senior stakeholders in the past.
✨Demonstrate Your Knowledge of Regulations
Familiarize yourself with Solvency II and UK regulatory requirements. Be prepared to discuss how these regulations impact actuarial processes and decision-making, showcasing your understanding of the industry standards.
✨Prepare for Behavioral Questions
Expect questions about how you handle pressure and manage competing demands. Use the STAR method (Situation, Task, Action, Result) to structure your responses, providing concrete examples from your previous roles that highlight your problem-solving abilities.