Actuarial Consultant in City of London

Actuarial Consultant in City of London

City of London Full-Time No home office possible
Vertor Consulting Group Ltd

At a Glance

  • Tasks: Own and enhance complex capital models in economic catastrophe and political credit risk.
  • Company: Join a leading London Market reinsurer with a focus on innovation.
  • Benefits: Competitive daily rate, flexible working arrangements, and impactful projects.
  • Other info: Dynamic role with opportunities for professional growth and engagement with senior stakeholders.
  • Why this job: Tackle complex challenges and make a real difference in the insurance industry.
  • Qualifications: Qualified actuary with strong capital modelling experience and hands-on skills.

Cavehill Consulting Group is partnering with a leading London Market reinsurer on a high-impact contract opportunity within their capital modelling function. This role is designed for a senior actuary who enjoys working at the sharp end of complex modelling challenges, someone who doesn't just operate models, but takes ownership of them. You'll be working across economic catastrophe and political credit risk, dealing with imperfect data, legacy structures, and nuanced risk dynamics.

If you're someone who sees ambiguity and complexity as an opportunity rather than a blocker, this will be a particularly rewarding engagement.

The Role

  • You will play a key role in the development, enhancement, and ongoing ownership of the firm's capital model, with a specific focus on economic catastrophe and political credit risk.
  • The work will involve:
  • Taking ownership of existing capital models, including diagnosing weaknesses and implementing improvements.
  • Working hands-on with complex and sometimes fragmented datasets.
  • Enhancing modelling approaches for non-traditional and emerging risk classes.
  • Supporting and influencing model methodology, assumptions, and outputs.
  • Engaging with senior stakeholders across capital, risk, and underwriting teams.
  • Contributing to broader model development and strategic risk initiatives.

This is not a run-the-model role; you'll be expected to challenge, rebuild where necessary, and bring clarity to areas that lack structure.

What We're Looking For

  • We're looking for an experienced, technically strong actuary who is comfortable operating at a senior level and thrives in complex environments.
  • Essential:
  • Qualified actuary with significant post-qualification experience.
  • Strong background in capital modelling within insurance or reinsurance.
  • Proven experience using Remetrica.
  • Hands-on experience with economic catastrophe and/or political credit risk modelling.
  • Ability to work independently and take ownership of model components.
  • Highly desirable:
    • Experience in the London Market or global reinsurance environment.
    • Exposure to non-standard or emerging risk types.
    • Strong communication skills with the ability to engage senior stakeholders.
  • Working Style
    • Comfortable getting into the detail and working through messy or incomplete data.
    • Proactive, solution-oriented mindset.
    • Able to balance technical depth with commercial awareness.
    • Confident operating in a relatively unstructured problem space.

    Actuarial Consultant in City of London employer: Vertor Consulting Group Ltd

    Cavehill Consulting Group is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and complexity are embraced. As a Senior Actuarial Consultant, you will not only tackle challenging modelling tasks but also have the opportunity to influence strategic risk initiatives while collaborating with senior stakeholders. With a strong focus on employee growth and a culture that values ownership and proactive problem-solving, this role provides a unique chance to make a significant impact in the reinsurance sector.
    Vertor Consulting Group Ltd

    Contact Detail:

    Vertor Consulting Group Ltd Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Actuarial Consultant in City of London

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the actuarial field, especially those who work in capital modelling. A friendly chat can lead to insider info about job openings or even referrals.

    ✨Tip Number 2

    Prepare for interviews by diving deep into the specifics of economic catastrophe and political credit risk. Brush up on your Remetrica skills and be ready to discuss how you’ve tackled complex modelling challenges in the past.

    ✨Tip Number 3

    Showcase your ownership mentality! During interviews, share examples of how you've taken charge of models, diagnosed weaknesses, and implemented improvements. This will highlight your proactive approach and problem-solving skills.

    ✨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 are keen to join us directly!

    We think you need these skills to ace Actuarial Consultant in City of London

    Capital Modelling
    Economic Catastrophe Modelling
    Political Credit Risk Modelling
    Remetrica
    Data Analysis
    Stakeholder Engagement
    Problem-Solving Skills
    Ownership of Model Components
    Communication Skills
    Independent Working
    Proactive Mindset
    Technical Depth
    Commercial Awareness
    Experience in London Market
    Exposure to Emerging Risk Types

    Some tips for your application 🫡

    Show Your Ownership: When writing your application, make sure to highlight your experience in taking ownership of models. We want to see how you've tackled complex challenges and improved existing processes, so don’t hold back on those examples!

    Be Specific About Your Skills: Tailor your application to showcase your technical skills, especially in capital modelling and using Remetrica. We’re looking for someone who can dive into the details, so be specific about your hands-on experience with economic catastrophe and political credit risk.

    Engage with Stakeholders: Don’t forget to mention your communication skills! We value candidates who can engage with senior stakeholders effectively. Share instances where you’ve influenced decisions or contributed to strategic initiatives.

    Apply Through Our Website: Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to see what you bring to the table!

    How to prepare for a job interview at Vertor Consulting Group Ltd

    ✨Know Your Models Inside Out

    Make sure you have a deep understanding of the capital models you'll be discussing. Be prepared to explain how you've taken ownership of models in the past, including any challenges you've faced and how you overcame them.

    ✨Embrace Complexity

    Since this role involves dealing with imperfect data and nuanced risk dynamics, show that you thrive in complex environments. Share examples of how you've tackled ambiguity in your previous roles and turned it into an opportunity for improvement.

    ✨Engage with Stakeholders

    Highlight your communication skills by preparing to discuss how you've engaged with senior stakeholders in the past. Think of specific instances where your input influenced model methodology or strategic initiatives, and be ready to share those stories.

    ✨Show Your Proactive Mindset

    Demonstrate your solution-oriented approach by discussing times when you've identified weaknesses in models and implemented improvements. This will show that you're not just a model operator but someone who actively seeks to enhance processes.

    Actuarial Consultant in City of London
    Vertor Consulting Group Ltd
    Location: City of London

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