P&C Actuary in City of Westminster

P&C Actuary in City of Westminster

City of Westminster Full-Time 28800 - 48000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support the Chief Risk Officer in managing financial and insurance risks while driving improvements.
  • Company: Join Zurich, a leading global insurer with a strong commitment to diversity and inclusion.
  • Benefits: Enjoy flexible working options, competitive pension, annual bonuses, and private medical insurance.
  • Why this job: Make a real impact in a dynamic environment while developing your actuarial skills.
  • Qualifications: Qualified P&C actuary with 3+ years of experience and a passion for risk management.
  • Other info: Be part of a supportive community focused on wellbeing and continuous improvement.

The predicted salary is between 28800 - 48000 £ per year.

Are you looking to broaden your experience and take your development to the next level? Do you enjoy working on a variety of topics and using your technical skills to help shape business decisions? If so, we have a fantastic opportunity for a qualified Property & Casualty (P&C) actuary. Join our Financial Risk and Insights team and play a key role in how we manage and oversee financial and insurance risks. Your expertise will help us find smarter ways to keep our business strong and secure. You will gain a holistic view of the Zurich UK P&C business and work with a wide range of colleagues and stakeholders.

The Financial Risk and Insights team supports the UK Chief Risk Officer. We work closely with the wider UK Risk team and Zurich Group colleagues to foster a culture of sound risk awareness, support risk identification and mitigation, and provide oversight of the delivery of the business strategy. The team oversees financial risk activity in actuarial, reinsurance, investments, proposition development and pricing, engaging with a broad set of stakeholders.

And guess what? We are super flexible! Whether you want to work part-time, job-share, or full-time, we are open to making it work. We want the best people, and we know flexibility helps us find them. We cannot wait to hear from you!

Responsibilities
  • Supporting the Chief Risk Officer in providing challenge, oversight and risk opinions on reinsurance, reserving, product design and pricing, exposure management, business plan, solvency, and capital utilisation.
  • Oversee the stress and scenario testing and driving improvements in these practices.
  • Reviewing and challenging the company's financial risk profile and helping develop existing Risk Appetite statements and metrics.
  • Taking part in risk assessments, including looking at emerging risks and climate change.
  • Contributing to the production of the Own Risk Assessment (ORA) report.
  • Supporting key strategic and regulatory projects and contributing to regulatory reporting and responding to ad hoc regulatory requests.
  • Staying up to date with technical expertise, regulations, professional guidance, and deepening your understanding of the UK business and strategy.
  • Building strong relationships across the wider Risk teams, and the wider UK business and Group.
Qualifications
  • You will need to be a qualified P&C actuary with at least 3 years of post-qualification experience.
  • While risk management experience is a plus, what matters most is your enthusiasm for applying your skills in a risk-focused actuarial role and a range of risk topics.
  • An interest in making processes better and a willingness to support automation and innovation.
  • Great attention to detail with an analytical and problem-solving mindset.
  • Excellent communication – both written and interpersonal so you can work well with colleagues at all levels across the business, including our Group teams.
  • The ability to influence and build positive relationships.
  • Self-motivation, strong organization, and a drive to meet deadlines – even when you are juggling several things at once.
  • A sense of ownership for your work, including managing expectations and stakeholders.
Inclusive Employer

As an inclusive employer, we want to ensure that all candidates feel comfortable and can perform at their best during the interview. You will have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

Benefits

Everyone's different. That is why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we are creating a brighter future for our customers, our people and our planet. With over 55,000 employees in more than 170 countries, you will feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.

We have made a promise to each other and every employee; to focus on sustainable impact, to care about each other's wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future. If you are interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions – then Zurich could be just the place for you.

Our Culture: At Zurich, our sense of community is strong and we are particularly passionate about diversity and inclusion, which we have won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We have an environment that places a real importance on our people's wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities.

P&C Actuary in City of Westminster employer: Zurich Community Trust

Zurich is an exceptional employer that prioritises flexibility and inclusivity, making it an ideal workplace for a qualified P&C actuary. With a strong focus on employee wellbeing, diverse benefits, and a commitment to professional development, you will thrive in a supportive environment that values your contributions. Join a dynamic team where your expertise will help shape the future of financial risk management while enjoying the stability of a global leader in the insurance industry.
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Contact Detail:

Zurich Community Trust Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land P&C Actuary in City of Westminster

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to current employees at Zurich. Building relationships can open doors and give you insider info on job opportunities.

✨Ace the Interview

Prepare for your interview by researching common questions and practicing your responses. Don’t forget to showcase your technical skills and how they relate to the role. Be ready to discuss your experience with risk management and how you can contribute to the team.

✨Show Your Enthusiasm

Let your passion for the P&C actuarial field shine through! Talk about your interest in risk topics and how you’ve applied your skills in previous roles. Employers love candidates who are genuinely excited about the work they do.

✨Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen. Plus, you’ll find all the latest job openings and updates about our company culture right there.

We think you need these skills to ace P&C Actuary in City of Westminster

P&C Actuarial Expertise
Risk Management
Analytical Skills
Problem-Solving Skills
Attention to Detail
Communication Skills
Stakeholder Management
Project Management
Regulatory Reporting
Stress Testing
Scenario Testing
Relationship Building
Self-Motivation
Organisational Skills
Adaptability

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience as a P&C actuary. Use keywords from the job description to show that you understand what we're looking for!

Show Off Your Skills: Don’t just list your qualifications; demonstrate how your skills can help us manage financial risks. Share specific examples of how you've tackled similar challenges in the past.

Be Clear and Concise: Keep your writing clear and to the point. We appreciate well-structured applications that are easy to read, so avoid jargon and focus on what matters most.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our team!

How to prepare for a job interview at Zurich Community Trust

✨Know Your Numbers

As a P&C actuary, you’ll need to demonstrate your technical skills. Brush up on key actuarial concepts and be ready to discuss how you've applied them in real-world scenarios. Prepare examples that showcase your analytical mindset and problem-solving abilities.

✨Understand the Business

Familiarise yourself with Zurich's UK P&C business and its financial risk landscape. Research recent developments in the insurance industry, especially around risk management and climate change. This will help you engage in meaningful conversations during the interview.

✨Build Relationships

Since the role involves working with various stakeholders, think about how you can demonstrate your interpersonal skills. Prepare to share experiences where you’ve successfully influenced others or built strong working relationships, as this is crucial for the team dynamic.

✨Show Enthusiasm for Innovation

The job description highlights a desire for automation and innovation. Be ready to discuss any past experiences where you’ve contributed to process improvements or embraced new technologies. Showing your passion for making things better will set you apart from other candidates.

P&C Actuary in City of Westminster
Zurich Community Trust
Location: City of Westminster
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