|Actuarial Non-Life Advisor|
|Finance and consultancy|
|Large business (250+ employees)|
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A day in the life of a Actuarial Non-Life Advisor in the United Kingdom
What I do
I am an Actuary at The Shipowners' Club, a mutual marine liability insurer in London. I am also a Fellow of the Institute and Faculty of Actuaries. My role involves supporting the Chief Actuary on all manner of actuarial matters - including pricing, reserving and capital management.
Skills I use and how I developed them
Mathematics, IT, financial modelling and communication are all key to my role. These have been developed through learning on the job as well as the professional exams I have sat.
What I like most
Finding solutions to difficult problems by analysing data
What I like least
My career history
After graduation I spent 3 and a half years as an Actuarial Trainee at Mercer in Leeds before moving industries into general insurance. I spent 2 years at a specialist insurer in Leeds before moving to London to join KPMG. After 14 months I left KPMG to move back "in-house" to the Shipowners' Club.
What has helped my career to progress
Hard work, strong communication skills and enthusiasm
Courses taken since graduation
Fellowship of the Institute and Faculty of Actuaries
How my studies have helped my career
My job as an actuary involves a reasonable amount of mathematics and statistics so my degree has been very useful.
My advice to students considering work
Do lots of research, try and get a summer placement and focus on an industry or profession you're interested in.
Data science is the future (not just in insurance) - learn R, Python, SQL.
If you like the look of Dan’s profile, the next steps are down to you! You can send Dan a message to find out more about their career journey. If you feel you would benefit from more in-depth conversations, ask Dan to be your mentor.