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The question every Actuary asks – Consultancy or Company? Here is Mansion House’s take on the pros and cons of both from a Non-Life perspective. NON-LIFE
Samantha Yee yees@mansionhouse.co.uk
CONSULTANCY PROS:
COMPANY PROS:
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• • • LIFE
Lloyd Seaborn seabornl@mansionhouse.co.uk
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Dior Musombo musombod@mansionhouse.co.uk
• • • • •
Focus on one area allows a faster route to specialisation Good for those who are detail oriented Consistent team May receive better bonus at the nearly/newly qualiƂed level More technical work, good for Pricing Encourages ownership in developing your own brand and presence
CONSULTANCY CONS:
COMPANY CONS:
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•
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FRANCE/BELGIUM/LUXEMBOURG
Better exposure to senior Actuaries and other senior stakeholders Wider exposure to different companies and the market as a whole Variety in different projects Focus on development of communication skills Good top down approach, and looking at wider commercial picture In general an “elevator to the top”
Potentially longer working hours (dependent on the Ƃrm and project) Potentially less technical ground work (again, project dependent) – as more review and validations
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Potential for repetition if the role is technically speciƂc Can be difƂcult to progress upwards internally if the structure is mature
If this is the current debate going through your mind, especially once results come out, do get in touch with one of our specialist non-life consultants for a conwdential discussion. We are in touch with an array of top tier organisations, both in the company and consultancy space, and it would be a pleasure to discuss individual career aspirations. Samantha Yee: yees@mansionhouse.co.uk | 020 7332 5881 Pamela Wernham: wernhamp@mansionhouse.co.uk | 020 7332 5887
FRANCE
Elodie Hong Tuan Ha Elodie@mansionhouse.co.uk
LIF E PRICING AND PRODUCT DEVELOPMENT ACTUARY c£100,000 + 20% bonus LONDON
PENSION & INVESTMENTS
46
Ben Whalley whalleyb@mansionhouse.co.uk
THE ACTUARY • July 2016 www.theactuary.com
ACT Rec Jul16.indd 46
A composite insurer specialising in Protection products requires a qualiƂed actuary to join there 10 man strong workforce. The team culture is very fast paced and delivery focused, so an experienced actuary with excellent communication, delegation and leadership capabilities is required. Typically the brand is well known for its retirement business, but to join now will result in you standing at the forefront of this new proposition.
DIRECTOR OF INFORMATION TECHNOLOGY £160,000 + cash bonus + Incentives LONDON
This global and highly reputable Life Assurance company based in London are in a position to encourage a technology leader to take complete ownership of the Information systems of this group resulting in the de centralisation. I’m in process of headhunting this individual and would welcome discussions from Life market Technology specialist with experience from varied backgrounds such as Shared service, Securities and IT consulting.
27/06/2016 16:48