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- Tasks: Lead pricing strategies for a $1.3bn portfolio in Marine, Energy, and Property.
- Company: Join a top Lloyd's syndicate known for innovation and impact.
- Benefits: Enjoy a high-visibility role with potential for career advancement to Head of Pricing.
- Why this job: Shape underwriting strategy and drive green initiatives in a collaborative team environment.
- Qualifications: Experience in pricing and actuarial analysis is essential; leadership skills are a plus.
- Other info: This role offers mentorship opportunities and involvement in new product development.
The predicted salary is between 43200 - 72000 £ per year.
One of our clients are looking for a a commercially minded pricing actuary to join their team in London. This role has 3 direct reports and reports into the Head of Pricing with exposure to the Chief Actuary and the underwriters.This is a very varied position that will take the lead of portfolio pricing and case pricing for both direct and reinsurance, whilst also helping with model development. This is also a business facing position that will work very closely with the product underwriters and will help with decision making and business planning.The ideal candidate will have 8+ years of experience with a recent focus on Lloyd\’s pricing, and working knowledge of specialty and / or property products. Prior management skills and a proven record of working with underwriters are also required.Apply today to learn more!
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LinkedIn Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Pricing Actuary
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies within the insurance sector, especially in Marine, Energy, and Property lines. This knowledge will not only help you during interviews but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 2
Network with professionals in the actuarial and insurance industries, particularly those who work in Lloyd's syndicates. Engaging with them can provide valuable insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss your experience in leading teams and mentoring others, as this role involves overseeing a team of actuaries and analysts. Highlight specific examples where you've successfully guided a team through challenges or projects.
✨Tip Number 4
Showcase your understanding of regulatory standards and compliance in your discussions. Being able to articulate how you can support business performance while adhering to these standards will set you apart from other candidates.
We think you need these skills to ace Lead Pricing Actuary
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Lead Pricing Actuary position. Understand the key responsibilities, such as leading pricing across a $1.3bn portfolio and collaborating with underwriters. Tailor your application to highlight relevant experience.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in pricing, team leadership, and collaboration with underwriters. Use specific examples that demonstrate your ability to drive strategic pricing and contribute to underwriting strategy.
Showcase Technical Skills: Make sure to include any technical skills or software proficiency relevant to the role, such as actuarial modelling tools or data analysis software. This will show that you are well-equipped to handle the technical aspects of the position.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention your interest in green/renewable initiatives and how you can contribute to new product development.
How to prepare for a job interview at LinkedIn
✨Showcase Your Technical Expertise
As a Lead Pricing Actuary, you'll need to demonstrate your deep understanding of pricing strategies and actuarial models. Be prepared to discuss specific examples from your past experience where you've successfully implemented pricing transformations or developed innovative models.
✨Highlight Leadership Skills
This role involves overseeing and mentoring a team, so it's crucial to showcase your leadership abilities. Share instances where you've led a team, facilitated collaboration, or contributed to the professional development of others in your field.
✨Emphasise Collaboration with Underwriters
Collaboration is key in this position. Prepare to discuss how you've worked closely with underwriters in the past, particularly in case pricing and technical input. Highlight any successful projects that resulted from these collaborations.
✨Demonstrate a Forward-Thinking Approach
Given the focus on new product development and green initiatives, it's important to convey your forward-thinking mindset. Discuss any relevant experiences where you've contributed to sustainable practices or innovative product offerings in the insurance sector.
