Sellick Partnership is a market-leading actuarial recruitment specialist focused on offering a complete recruitment service to actuary professionals on a permanent, contract and interim basis. Our specialist areas include:
At Sellick Partnership, we pride ourselves on the wealth of experience that our talented Actuarial Recruitment Consultants have and their ability to recruit at all levels across the actuarial sector. From FTSE 100 insurers, actuarial consultancies, to some of the UK’s most well-known mutual insurers, we work with a range of organisations nationwide and excel at delivering a tailored service to both clients and candidates. Actuarial jobs we regularly recruit for include:
For our clients, we tailor our approach to recruitment based on the needs of your business, taking the time to get to know you, your business and your requirements, ensuring we provide exceptional recruitment services each and every time. We are always available to help with every stage of your recruitment process, from interview management and writing job descriptions to testing actuarial candidates and offer negotiations.
We also work in genuine partnership with each of our candidates, listening to their needs and matching their skills and experience to the most suitable actuarial roles. We support all candidates we work with, offering advice and assistance at every stage of the recruitment process to ensure they are fully informed at every step of the way.
So whether you are client looking for an experienced actuary to join your business, or a candidate looking for a new actuary job, we can provide the right opportunities to help you make the right connections. Speak with one of our dedicated Actuarial Recruitment Consultants today to find out more.
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Actuarial professionals need to keep up-to-date with relevant industry news to ensure they are always ready to deal with changes and developments across the sector. This is hugely important for those that may be seeking a new Actuarial job or are hoping to progress in their current firm. Here we run-down the top Twitter feeds we think Actuarial professionals should follow to ensure they remain up-to-date and secure a new job opportunity or promotion in the Actuarial sector. If you are an actuarial professional then you know that staying up-to-date with the latest industry news can be vital in keeping ahead of financial and business developments that affect the sector. This is particularly important if you are on the lookout for your next career move. Today’s recruiters and employers increasingly want to make sure that their candidates are aware of current affairs, trends, the latest reports and challenges, so that they can apply this insight for the better progression and development of the organisation as a whole. But how to do this? Well, this is where Twitter can become your most valuable resource! Like many sectors, the actuary community is hugely active on Twitter in sharing news, analysis, data, good practice and commentary, as well as providing the opportunity for digital networking and connection-building. If you are new to Twitter, or are not quite sure where to start, we have compiled a list of the essential accounts every Actuarial professional should follow in 2019. If you think we have missed any that you think should be added to the list, please do get in touch and let us know! 1. @TheActuaryMag – The Actuary is the official magazine for the UK actuarial profession, and its Twitter feed is must-follow for news, features and opinion. 2. @actuarialpost – The Twitter feed from Actuarial Post shares news, in-depth articles and analysis about the actuarial marketplace, covering topics such as investments, software, lifestyle, insurance and pensions. 3. @actuarynews – The Institute and Faculty of Actuaries is the UK's chartered professional body, dedicated to educating, developing and regulating actuaries based both in the UK and internationally. Its Twitter feed is a mix of company news and events, as well as sharing topical news and information affecting the sector. 4. @JosephLu2011 – Joseph Lu is an actuary who specialises in longevity risk. He tweets science-related news and information that has, or could have, an impact on insurance and society. 5. @CapEconUK – The official Twitter account of Capital Economics UK shares insights, data and research on the UK economy. It also offers commentary and analysis on issues ranging from social housing to manufacturing, the impact of Brexit, retail, oil prices and more. 6. @FT – For all things financial, the Financial Times Twitter feed is the go-to for up-to-date news and information covering a broad range of issues that affect the actuary sector and beyond. 7. @Forbes – Similar to the Financial Times, Forbes is an international publication with a Twitter feed that shares news, information, analysis and commentary relating to the world of business. 8. @ReutersBiz – Sharing business news from around the world, the Reuters Business Twitter account covers finance, markets, tech, world news and politics. 9. @gailtheactuary – Actuary Gail Tverberg shares information and data about energy and oil, the limits to these resources, and how these limits are affecting the financial system and our lives. 10. @IntActuarial – This is the official Twitter account for the International Actuarial Association, the worldwide association of professional actuarial associations. The feed posts information about events and webinars, as well as information about relevant white papers and reports. 11. @RoyalStatSoc – The Royal Statistical Society is a membership body that promotes a world with data at the heart of understanding and decision making. By following its Twitter account, you’ll find out about its latest events, courses and training. 12. @SellickGroup – No actuarial Twitter list would be complete without our own Twitter page! Be sure to follow us for the latest news, events, press and jobs! For further information on how to use social media effectively to assist you in your job search, check out our wide-ranging resources for candidates here. Or if you are ready to kick-start your career today, take a look at our latest actuary jobs here. Or, to speak to a member of our Actuarial recruitment team, call Manager Austin Brislen directly on 0151 224 1480.
On Wednesday 31 October 2018, the Financial Conduct Authority (FCA) launched a market study into how general insurance firms price home and motor insurance policies. The study, which is designed to ensure insurers have appropriate strategies in place to protect and treat customers fairly is set to be released next year. Alongside this, they have also published a paper that discusses fair pricing, both designed to try and make insurance pricing more transparent and fairer across the board. The FCA has raised concerns that current pricing strategies may cause harm, or alienate vulnerable customers and believes that insurers should be held more accountable and justify the rates they are charging their customers. The supervisory work that was carried out prior to this announcement has already highlighted a number of concerns, including firms failing to have appropriate or clear pricing strategies, governance and controls. Basically, the FCA has found that auto-renewal contracts and discrepancies with pricing certain items is very inconsistent, and could be catching some customers out. The FCA’s position appears to be that this is no longer acceptable and it needs to be addressed so that everyone has equal and fair access to insurance policies across the market. As a minimum the FCA expects firms to look after the interests of all customers and treat them fairly, whether they are new or long-standing. Whilst there seems to be some apprehension from some sections of the market as to how intrusive and revealing the probe may be, the general feeling is one of realisation that this review is long overdue and that general insurance pricing activities ought to have a greater level of consistency and fairness across all firms. What does this mean for the pricing market? This review will undoubtedly mean some major changes are on the horizon for insurers. If the review uncovers what many expect it will, I foresee some regulatory changes coming into effect to stop practices that may be deemed harmful, unfair or discriminatory. If this is the case, major insurers should be prepared to make some radical changes to their pricing process, practices and governance. If the FCA run at this market review as hard as we expect them to, I think new business premiums will rise due to many insurers having to reduce renewal premiums to comply with the FCA’s expected recommendations. This unfortunately will hit the pocket of all customers buying personal general insurance products and has the potential of greatly impacting customers who choose not to renew existing policies and shop around every year. The main question many insurers are asking at the moment is not whether change is coming but when change is coming. As you will expect, insurers are keen to understand how quickly proposed changes to current practices will need to be implemented by. This no doubt will be a contentious and contested point for the regulator and industry to iron out. What does this mean for the recruitment market? As for the recruitment market, I believe this will create some real opportunities for skilled candidates in this area. As with any major change comes work, and I envisage that this review will give insurers serious food for thought. Many will have to ask some hard hitting questions around whether they wipe the slate clean and start from scratch or implement a remedial or redress programme to bring their pricing in line with FCA expectations. I would therefore advise candidates in the area to look out for any developments that are released over the next 12 months. For those insurers that feel major changes will be needed, now might be the time to look for the resource you require to carry out such work. For candidates currently in the sector and thinking of a new opportunity, I believe the next 12 months will see the demand for talent increase, which could push salaries / day rates above current market rate. The FCA aims to publish an interim market study report in summer 2019, which will set out preliminary conclusions including a discussion of potential remedies. It aims to publish its final report and, where required, consultation on proposed remedies by the end of 2019. If you would like to discuss how this news might impact you, please feel free to get in touch with me. You can email me at email@example.com or call me directly on 0151 224 1480.
Curriculum vitae translates literally as ‘the story of your life’. It is a personal advertisement that will assist your next step up the career ladder to a better position, more money, and new challenges. It must represent the best you have to offer. Your CV can continue to work favourably even after it has obtained you an interview. It can help you at an interview by carefully focusing the interviewer’s mind on your good points and achievements. After the interview it will continue working for you, as the interviewer will probably reread it before making a decision. When it comes to salary negotiations a well-written CV can pay dividends do not take shortcuts! That being said, putting your CV together or updating your current one can often be a daunting task, particularly for senior actuarial professionals who may been out of the job market for a longer period of time. It is for this reason you should think carefully about putting together the relevant information for a winning CV. 1.Get the basics right When starting off your CV, it is easy to jump ahead and rush to the other sections, however, it is imperative to put a good plan to together to structure the document appropriately. Contact details are obviously a good place to start, with a mobile number, an evening number and email address. Try to also include the link to your LinkedIn profile to ensure whoever is interviewing can easily find it. This is a great way of giving them more information without clogging up your CV and making it longer than it needs to be. Other sections you should incorporate include; education, employment history, professional qualifications, specialist skills and software skills to name just a few. 2.Be authentic It is important to sell yourself and your skillset on your CV, but be sure not to exaggerate or twist the truth about your experience. Highlight your achievements and what makes you stand out in a competitive job market, but ensure you can always articulately back up your claims on paper with your expertise if you get to the interview stage. 3.Personal statement Include a short section at the top of your CV with a personal statement, detailing your key motivators, why you are looking to leave your current position and why you are interested in the role you are applying for alongside your relevant skills. Ensure this is concise and engaging to capture the attention of the hiring manager. 4.Numbers speak a thousand words Whilst it may take a bit of calculating, it is always worthwhile to incorporate numbers and statistics to sell your achievements. Telling a prospective employer that the models you built increased profitability by 28 percent has a much greater impact than just saying you helped increase profit. Solid statistics such as this can really impress potential hiring managers. 5.Tailor it every time Ensure you tailor your CV for every application to reflect the required skills, experience and culture of the organisation. Try to avoid slipping into the habit of just sending out a standard CV for every role. By tailoring your CV to a specific role, you instantly show you have gone out of your way to research the company and the role, making you stand out from the crowd even further. 6.Proof read it Your CV exists to demonstrate your expertise and professionalism to potential employers and simple mistakes or a lack of attention to detail is not the best first impression – and could even cost you from progressing further in the hiring process. Ensure you proof read it yourself, checking for minor spelling or grammatical errors. Then get someone else to do it too; casting a fresh eye on the document could pinpoint further errors that can be corrected before you send it off. Following these simple steps can really add value to the content of you CV and allow you to gain a winning edge with hiring managers. By continuously updating and refining your CV, you’re ensuring that you make a stellar first impression to recruiters and hiring managers, positioning yourself as the strongest candidate for the role. For more advice on securing your next Actuarial role contact me directly by emailing firstname.lastname@example.org.