At a Glance
- Tasks: Join our Actuarial team to develop and test innovative actuarial models.
- Company: Dynamic company focused on actuarial excellence and innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact in the actuarial field while working with cutting-edge technology.
- Qualifications: IFoA Qualified Actuary with experience in model development and strong analytical skills.
- Other info: Opportunity for career growth in a fast-paced, evolving industry.
The predicted salary is between 36000 - 60000 £ per year.
To work independently as a member of the Actuarial team undertaking a variety of different tasks to enable the department to meet its objectives including:
- Working in conjunction with the Actuarial leadership, contribute to actuarial model development that supports our ambitions as a business.
- Contribute to delivery, development, calibration and testing of actuarial models and workflows.
- Interpret, report on and present the results from actuarial models.
- Identify and undertake complex actuarial and technical investments and analyses as required and carry out those tasks efficiently.
- Provide actuarial and/or technical reports to a high professional quality.
- Review and attest to appropriate internal policies and control frameworks.
- Identifying and implementing opportunities for improving ways of working.
- Ensuring that processes and output from the Actuarial Function has been produced in accordance with internal policies and control frameworks, as well as relevant Actuarial Standards.
- Stay ahead of emerging trends, technical advancements, and evolving regulations to ensure our competitive edge.
- Ad hoc tasks as required.
- Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards as set out.
- Notify the regulator(s) of matters reasonably expected to be notified.
Core Competencies
- Mandatory Technical actuarial knowledge relevant to model development.
- Ability to develop, draft and edit technical actuarial/model documentation.
- Practical actuarial model development expertise (RAFM and Python preferable, other platform experience will be considered).
- Desirable Excellent interpersonal and communication skills, including report writing.
- Excellent planner and organiser.
- Critical thinking and problem solving skills.
- Pragmatic, adaptable and flexible.
- Experience and Qualifications IFoA Qualified Actuary.
- Experience of working within the Actuarial Function of a UK Life assurer.
- Experienced model developer.
Modelling Actuary employer: Utmost International
Contact Detail:
Utmost International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Modelling Actuary
✨Tip Number 1
Network like a pro! Reach out to fellow actuaries and industry professionals on LinkedIn. Join relevant groups and participate in discussions to get your name out there and show off your expertise.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Be ready to discuss actuarial models, RAFM, and Python. Practise explaining complex concepts in simple terms – it’ll impress the interviewers!
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share examples of how you've tackled complex actuarial challenges. This will demonstrate your critical thinking and adaptability, which are key for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Modelling Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Modelling Actuary role. Highlight your technical actuarial knowledge and any experience with RAFM and Python. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial model development and how you can contribute to our team. Keep it concise but impactful.
Showcase Your Communication Skills: Since excellent communication is key, make sure to demonstrate your report writing abilities in your application. We love seeing clear and professional documentation that reflects your expertise.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Utmost International
✨Know Your Models
Make sure you brush up on your actuarial models, especially those relevant to RAFM and Python. Be ready to discuss your experience with model development and how you've contributed to similar projects in the past.
✨Showcase Your Communication Skills
Since you'll need to present results and write reports, practice explaining complex actuarial concepts in simple terms. Think of examples where you've successfully communicated technical information to non-technical stakeholders.
✨Stay Current with Trends
Familiarise yourself with the latest trends and regulations in the actuarial field. Be prepared to discuss how these might impact the business and how you can help the team stay ahead of the curve.
✨Demonstrate Problem-Solving Abilities
Prepare to share specific examples of how you've tackled complex actuarial challenges in the past. Highlight your critical thinking skills and adaptability, as these are key for the role.