At a Glance
- Tasks: Lead a team of actuaries while developing complex pricing models and improving underwriting profitability.
- Company: Join a global leader in Re/Insurance with a strong reputation in the market.
- Benefits: Gain exposure to diverse lines of business and work closely with talented underwriters.
- Why this job: This role offers a chance to influence pricing strategies and mentor junior actuaries.
- Qualifications: 5-7 years of London Market actuarial experience and FIA or equivalent required.
- Other info: Act as a primary actuarial advisor and report to senior management.
The predicted salary is between 72000 - 108000 £ per year.
We have partnered with a global leader in Re/Insurance to find them a multi-line focused Pricing Actuary acting as essentially the deputy head of pricing. This is a great opportunity for someone with a London market pricing background to gain exposure to dozens of lines of business while working as one with hugely talented Underwriters. The role is broad but includes:
- Working closely with and reporting in to the head of pricing offering leadership to the team of 14-16 actuaries/actuarial students.
- Covering Casualty, Crisis Management, Marine, Natural Resources and Property & Allied lines.
- Develop and maintain strong relationships with the technical pricing team, underwriters and actuaries across the business. Including the CUO who is also an Actuary by trade.
- Play a key senior role in a relatively large pricing function.
- Support pricing leaders and report up to senior management up to board level committees.
- Take ownership of the development, validation and deployment of complex pricing models into pricing platforms.
- Improving underwriting profitability through the utilisation of internal and external data for best in class pricing practices.
- Act as a primary actuarial advisor for underwriters helping them drive profits.
- Portfolio analysis and steering.
This is an excellent opportunity for a Pricing Actuary with 5-7 yrs of experience to step into a more influential position, being a mentor and providing support to all aspects of the team.
Minimum Requirements:
- FIA or equivalent
- London Market actuarial experience
- Strong pricing experience
Senior Pricing Actuary (Casualty, Marine, Property...) employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Actuary (Casualty, Marine, Property...)
✨Tip Number 1
Make sure to highlight your experience in the London market during networking events or conversations. This will help you connect with industry professionals who can provide insights and potentially refer you to opportunities.
✨Tip Number 2
Engage with online communities and forums related to pricing actuaries and the re/insurance industry. Sharing your knowledge and asking questions can help you build a network that may lead to job referrals.
✨Tip Number 3
Consider reaching out directly to current employees at the company you're interested in. Informational interviews can give you valuable insights into the company culture and the specifics of the role.
✨Tip Number 4
Stay updated on the latest trends and developments in pricing models and actuarial practices. Being knowledgeable about current best practices will not only prepare you for interviews but also demonstrate your commitment to the field.
We think you need these skills to ace Senior Pricing Actuary (Casualty, Marine, Property...)
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasize your London market pricing background and any relevant experience in Casualty, Marine, or Property lines. Use specific examples to demonstrate your expertise and how it aligns with the role.
Showcase Leadership Skills: Since this position involves acting as a deputy head of pricing, it's important to highlight any leadership roles you've held. Discuss your experience mentoring others and leading teams, especially in actuarial contexts.
Demonstrate Technical Proficiency: Detail your experience with complex pricing models and any relevant software or platforms you have used. This will show that you are capable of taking ownership of the development and deployment of pricing models.
Build Relationships: Mention your ability to develop strong relationships with underwriters and other actuaries. Provide examples of how you've collaborated with cross-functional teams to improve underwriting profitability.
How to prepare for a job interview at HFG
✨Showcase Your Pricing Expertise
Be prepared to discuss your specific experience in pricing, especially within the London market. Highlight any complex pricing models you've developed or validated, and be ready to explain how they improved underwriting profitability.
✨Demonstrate Leadership Skills
Since this role involves acting as a deputy head of pricing, emphasize your leadership experience. Share examples of how you've mentored junior actuaries or led teams in previous roles, showcasing your ability to guide and support others.
✨Build Relationships
Discuss your approach to building strong relationships with underwriters and technical pricing teams. Provide examples of how you've collaborated with different stakeholders to achieve common goals, particularly in a multi-line environment.
✨Prepare for Technical Questions
Expect to face technical questions related to actuarial practices and pricing strategies. Brush up on your knowledge of portfolio analysis and the use of internal and external data in pricing, as these are crucial for the role.