Whatever career you are in there are some fundamental things to consider when you are looking for a new job, here are the five most important.

We have made some important changes to the Acumen Resources website.

To make the site more user friendly we have removed the requirement to register an account and login to the site. If you would like to apply for one of our many actuarial jobs you can now simply click on the actuarial position you are interested in, fill in your details on the registration form and submit.  

If you are currently registered for the email alerts system and you are happy with your current settings you need do nothing, the email alerts will continue on as before, keeping you updated with all the latest actuarial vacancies. If, however you would like to change your current settings then simply unsubscribe by clicking the unsubscribe link on your next email update and resubscribe with your new settings.  

If you are seeking advice from an actuary on your next career move you may also be interested in using our new chat forum located on the website home page or you can even post a message on our actuarial discussion forum.  

I hope you find the changes beneficial to your search for the ideal actuarial job and please do not hesitate to get in touch with one of our actuary consultants if you would like any individual actuarial career advice.

One of the most common questions I tend to get asked from ‘wanna be’ actuaries is “What is a typical actuary’s salary?”.

There is no doubt in my mind that actuarial salaries are quite lucrative and I also don’t doubt that there are many actuaries who entered the actuarial profession having heard about the rewarding financial remuneration.

I sometimes wonder if the high exam failure rate is partly due to those actuarial students who have gone into the profession expecting an easy path to riches!

So what exactly is a typical actuary’s salary? Well this is obviously determined largely by experience, the level of exam passes, actuarial practice area, competence, location, benefits and last but not least negotiation power.

To give an idea of an actuarial job salary, a newly qualified Irish actuary’s salary would likely be about €60,000-€75,000 whereas a newly qualified UK actuary would expect to be on a salary of ?50,000-?60,000.

For those of you that have the ambition, drive and ability the world really is your oyster when it comes to actuarial salary progression. There are Senior Actuaries who earn in excess of £200,000.

Acumen Resources perform the annual actuarial salary survey in Ireland.

Actuarial jobs offer a wide and diverse choice of careers within the actuarial sector. When searching for a actuarial vacancy it is essential that the specialist helping you to find an actuarial job knows and understands your strengths and weaknesses and understands how many actuarial jobs will draw on different areas of a candidates skill set.

By dealing with a specialist actuarial recruiter to help find an actuarial job, will ensure you are matched only with careers that suit both your own and your potential new employers requirements. Whether you are a qualified actuary, part qualified actuary or trainee actuary we can find actuarial jobs in sectors such as life assurance, non-life insurance jobs, pensions, risk and investment that are ideally suited to your requirements.

There are many tools available to someone looking for an actuarial job, such as workshops, seminars, publications and websites offering a wide range of help topics and information about actuarial jobs, a specialist actuarial recruitment company will give you access to all this information.

For example a candidate seeking an actuarial job may require assistance putting together a well presented CV, using a specialist actuarial jobs recruitment agency you will gain access to experts who will help with CV writing and ensure all necessary pre-interview questions have been answered.

If you are looking for an actuarial job please get in touch for details of the latest actuarial vacancies and free, impartial advice about how we can help you find a new career.

There are many insurance jobs in the UK’s rich and diverse financial market place. Jobs in insurance can range from administrational, actuarial or financial, right through to data analysts and claims assessors. The broad spectrum of insurance jobs available may mean you have a career within a large insurance company or financial organisation.

Depending on your experience and ability this could be in anything from insurance sales, accounts, claims handling, information technology or another area within the insurance industry. For more senior or technical insurance vacancies it is important for candidates to have a sound understanding of the general principles of insurance along with knowledge of how premiums are calculated and how claims are settled as well as a grasp of what risk management is (the practice of appraising and controlling risk). If your job involves leading a team, then man management, HR and people skills are likely to be needed.

The number of insurance companies in the UK who specialise in specific niche areas of insurance has doubled over the last five years. Depending on which area you are looking for an insurance job will determine the skill set required with any particular insurance company, for example if the insurer has a vacancy within the marine insurance division, some understanding of the marine and shipping insurance market is sure to be of use before you consider enquiring about the job.

Actuaries have traditionally worked in life assurance jobs taking on typical tasks such as pricing contracts and financial reporting on the adequacy of funds to provide the promised benefits. A much smaller proportion of the actuarial profession have worked in the general insurance field with job responsibilities including estimating reserves for future claims and calculation of required insurance premiums for various products.

For information about actuarial insurance jobs and vacancies please get in touch, we offer impartial advice and provide instant details of new actuarial insurance careers as soon as they are released.

Actuarial Jobs

What is the Job of an Actuary?

The job of an actuary is that of a business professional who deals with the financial impact of risk and uncertainty, an actuary will use mathematical and statistical information and knowledge to make financial projections and forecasts. The actuary’s projections are used by organisations to make future plans and solve financial problems. Actuarial work has geneally been associated with insurance and pensions, however actuary’s are also now in demand from other sectors including, investment banking, business management and corporate finance.

Part of the job of an actuary can include advising on general insurance, risk management, mergers and acquisitions, corporate recovery and financing projects. The job of most actuary’s can be summarised by what is known at the ‘control cycle’ model.

It is an actuary’s job to monitor the general economic and commercial environment of the industry they work within, an actuary will normally assess risks and develop solutions to overcome them and then monitor the experience and impact. The results of the actuary’s decisions may require past projections and forecasts to be revisited and revised, hence the cyclical nature of an actuary’s work.

If you are interested in finding out more about Actuarial Jobs and Vacancies, get in touch for free advice, information and details of available careers as an actuary.

Trainee Actuary Vacancies

A trainee actuary will normally work as part of a team, with qualified actuaries, giving advice across a broad range of areas such as risk management, research, valuations and strategy. Actuaries typically work in a variety of practice areas including pensions, investment, general insurance and life assurance.

Depending on where you find a trainee actuarial vacancy you will generally be looking to work within an innovative and forward thinking organisation that can provide you with excellent on the job training and development programs.

Many firms will encourage you to work towards full actuarial qualification as soon as possible, you will generally be given a training program consisting of study support and leave to study as well as classes, tutorials, courses and exam counselling. As your experience and knowledge develops in many cases your role, as a trainee actuary would lead to direct client contact, this can be an exciting and rewarding part of the actuarial role.

An actuary’s job can be a very rewarding one, not only financially but both professionally and personally. If you are considering a career as an actuary why not get in touch, we can provide advice, information and details of up to date trainee actuary jobs and vacancies available