Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support actuarial pricing reviews and collaborate with underwriters on pricing models.
- Company: Allied World is a collaborative company valuing knowledge and professional growth.
- Benefits: Enjoy career training, mentoring programs, and a supportive team environment.
- Why this job: Join a dynamic team in London, making impactful decisions in the insurance industry.
- Qualifications: 3-5 years of actuarial experience, preferably in London Market Pricing, and a relevant degree.
- Other info: Opportunity to work with diverse lines of insurance across Europe and beyond.
The predicted salary is between 48000 - 84000 £ per year.
Take the next step in your career with us.Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.Our people are our most important asset, and we are very proud of the quality of our team members.Allied World Assurance Company, Ltd. seeks an individual to fill the position of Senior Actuarial Pricing Analyst. The successful candidate will be expected to provide actuarial support on individual account pricing and project work for all underwriting departments across Europe, with the position being located in Allied World’s London office.Responsibilities Include:Support actuarial pricing reviews across all lines of insurance under moderate supervision Lines of business written from the European offices and through Lloyd’s include property, casualty, professional lines, medical malpractice, marine and onshore constructionResearch and update various pricing parameters used within our pricing models such as increased limits factors, loss trend factors, underlying loss costs per unit of exposure, etc.Perform annual portfolio reviews across all class of business written through Europe, Asia and the Lloyd’s SyndicateWork closely with underwriters on individual account pricing and to improve usability and accuracy of the pricing modelsHelp build and maintain pricing models in Excel and RulebookAny other duties as assigned by managerEducation, Skills and Experience:The successful applicant will preferably have the following:3 – 5 years of experience as an actuary, preferably London Market Pricing insurance or reinsurancePartly to nearly/newly qualified as a Fellow for the IFoA or of another well-established actuarial organisationBachelor’s degree in mathematics, statistics or related fieldProficient with ExcelExperience using Rulebook, SAS, R, VBA and GLM modeling would be beneficialStrong analytical and communication skillsAbility to learn quickly Strong ethics and integrity
Contact Detail:
LinkedIn Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Pricing Analyst
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in London Market Pricing. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at Allied World.
✨Tip Number 2
Familiarise yourself with the specific pricing models and parameters used in the insurance lines mentioned in the job description. This knowledge will not only help you during interviews but also demonstrate your proactive approach to understanding the role.
✨Tip Number 3
Brush up on your Excel skills, particularly in building and maintaining pricing models. Consider taking an online course or tutorial that focuses on advanced Excel functions relevant to actuarial work.
✨Tip Number 4
Prepare to discuss your experience with various actuarial software like Rulebook, SAS, R, and VBA. Be ready to provide examples of how you've used these tools in past roles to enhance your candidacy for the Senior Actuarial Pricing Analyst position.
We think you need these skills to ace Senior Actuarial Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial pricing and any specific skills mentioned in the job description, such as proficiency in Excel and experience with Rulebook or SAS.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your background aligns with the responsibilities listed, particularly your experience in the London Market and your analytical skills.
Highlight Relevant Experience: In your application, emphasise your 3-5 years of experience in actuarial roles, especially any work related to individual account pricing or portfolio reviews. Use specific examples to demonstrate your expertise.
Showcase Your Qualifications: Clearly state your educational background and any qualifications you hold, such as being partly or nearly qualified as a Fellow of the IFoA. This will help establish your credibility as a candidate.
How to prepare for a job interview at LinkedIn
✨Showcase Your Technical Skills
As a Senior Actuarial Pricing Analyst, you'll need to demonstrate your proficiency in Excel and any relevant software like Rulebook, SAS, or R. Be prepared to discuss specific projects where you've used these tools effectively, as this will show your technical capability.
✨Understand the Business
Familiarise yourself with the various lines of insurance that Allied World operates in, such as property, casualty, and marine. Showing that you understand the nuances of these sectors will impress your interviewers and demonstrate your commitment to the role.
✨Prepare for Scenario-Based Questions
Expect questions that assess your analytical thinking and problem-solving skills. Prepare examples from your past experience where you've tackled complex pricing issues or improved pricing models, as this will highlight your practical experience in actuarial work.
✨Emphasise Collaboration and Communication
Since the role involves working closely with underwriters and other departments, be ready to discuss how you've successfully collaborated in previous roles. Highlight your communication skills and provide examples of how you've conveyed complex information clearly to non-technical stakeholders.
