CAPITA ACTUARIAL – GI - JOB DESCRIPTION
ABOUT THE ROLE
At Capita Actuarial, we provide trusted and flexible actuarial support to our clients across the GI
industry. We support leading companies across the UK, offering actuarial solutions in all disciplines
of actuarial work, from Reserving, Pricing and/or Risk and Capital projects across the London/Lloyd's
market and/or the Personal & Commercial lines market, to the most modern project work, including
Solvency II and IFRS17 as well as multidisciplinary projects around areas such as transactions, change
management, organisational transformation, cost reduction and start-ups.
You will be working directly with a client team, either on-site or remotely, liaising and working
closely with them to deliver actuarial solutions. The nature of our work means no two projects are
ever alike. Our team are exposed to a wide aspect of actuarial specialties, whilst also engaging with
key stakeholders at some of the largest insurance companies in the country.
You’ll regularly be joining new teams, working in different roles, so you will look forward to meeting
new people and quickly getting up to speed with how you can deliver and create better outcomes
for our clients.
KEY RESPONSIBILITIES
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Lead, contribute to and oversee actuarial projects and deliverables
Delight clients by delivering high quality actuarial work
Use a broad range of tools and techniques to extract insights from current industry or sector
trends
Demonstrate critical thinking and the ability to bring order to unstructured problems
Work closely with key stakeholders at the client, keeping them informed of progress
Design, propose and implement solutions, understanding the impact to the business
Seek out further opportunities for work with clients
Plan and prioritise deliverables and resources for projects
Coach and mentor other team members
Able to read situations and modify behaviour to build quality relationships.
Manage all stakeholders appropriately and professionally
Champion and promote Capita Actuarial Solutions through upholding code of ethics and
business conduct
CANDIDATES WILL HAVE:
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A minimum of 3 years’ experience of actuarial work in the GI industry
Exposure to multiple areas of actuarial work (pricing, reserving, capital, risk) and an
understanding of your roles in the context of a wider organisation
Claims reserving under different accounting bases
Development or review of Solvency II technical provisions
Review or validation of Solvency II internal models and/or standard formula
Building and developing capital models (at least two commonly modelled risk types)
Actuarial support for implementation of IFRS 17
Be a problem solver; tailoring what you have learnt from your experiences to date to
different client problems to help design and implement the solution.
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Progressing with actuarial exams, although we will also consider those who have experience
but have stopped taking actuarial exams
Ability to communicate clearly and concisely in a format and approach appropriate to the
receiving stakeholders
Strong analytical skills
Advanced working knowledge of Excel and good working knowledge of other MS Office
applications
Able to show initiative, work autonomously and as part of a team
Good working knowledge of the GI industry, as well as actuarial techniques, regulation and
legislation
A willingness to travel to client site
BENEFITS
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Competitive salary
A range of flexible employee benefits
Good work life balance
Exposure to many aspects of actuarial work
Remote working
Excellent study support package
High levels of responsibility
Additional bonuses earned from working with clients
Exciting time to join, with the team growing and branching into new areas
Diverse and inclusive culture: You will be embraced for who you are and empowered to use
your voice to help others find theirs