At a Glance
- Tasks: Develop the innovative Igloo Standard Model for global insurers and reinsurers.
- Company: Join a leading firm in actuarial development with a hybrid working culture.
- Benefits: Enjoy 25 days annual leave, private healthcare, and a pension scheme with matched contributions.
- Other info: Flexible work environment with excellent growth opportunities and community volunteer days.
- Why this job: Be at the forefront of stochastic modelling and make a real impact in the industry.
- Qualifications: Newly qualified actuary or equivalent with coding skills in Python or Igloo.
The predicted salary is between 50000 - 70000 £ per year.
Work location based in London/Cambridge with hybrid working, you will join the team Capital and Reinsurance Pricing Development Actuary.
Develop the market-leading ISM (Igloo Standard Model), used by insurers and reinsurers around the world for capital modelling and reinsurance pricing.
The Role:
- Work with clients and other partners to design, develop and implement new technologies and statistical techniques.
- Contribute to Igloo product development, working with the development team to shape the future of Igloo.
- Be at the forefront of stochastic modelling with a broad and growing variety of applications.
Qualifications:
- Newly or nearly qualified actuary or equivalent.
- Experience of reinsurance pricing or capital modelling.
- Demonstrable interest in coding and AI. Expertise in a coding language, preferably Igloo or Python.
- Excellent client relationship skills: ability to develop strong relationships quickly and maximize resources effectively to achieve goals.
- Proven success working in a fast-paced, high pressure environment and self-sufficient.
- Strong organizational abilities and flexibility to work in a performance-driven environment managing multiple deliverables.
- Proficiency in Microsoft Office and strong experience with applicant tracking systems.
- Bachelor’s Degree or equivalent in a numerical based degree.
What we offer:
- 25 days of annual leave plus an extra WTW day to relax and recharge.
- Comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments.
- Defined contribution pension scheme, featuring matched contributions up to 10% from the company.
- Hybrid working options, access to an employee assistance programme, and a fully paid volunteer day.
- Additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more.
Equal Opportunity Employer: We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants.
Actuarial Developer in Cambridge employer: Willis Towers Watson
WTW is an exceptional employer that prioritises the professional and personal growth of its employees, offering a comprehensive benefits package that includes generous annual leave, private healthcare, and a robust pension scheme. The collaborative work culture fosters strong relationships across teams, while the opportunity to engage in meaningful projects within the affinity insurance sector allows for impactful contributions to the company's success. With hybrid working options and a commitment to employee wellbeing, WTW stands out as a rewarding place to build a fulfilling career.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Developer in Cambridge
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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We think you need these skills to ace Actuarial Developer in Cambridge
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Willis Towers Watson.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Willis Towers Watson's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Willis Towers Watson
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Willis Towers Watson.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Willis Towers Watson will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Willis Towers Watson employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
