At a Glance
- Tasks: Analyse non-life reinsurance pricing and support innovative product development.
- Company: Join a dynamic scale-up focused on insuring digital assets in emerging markets.
- Benefits: Gain exposure to senior leadership and potential international opportunities.
- Why this job: Work on exciting risks and develop your career in a supportive environment.
- Qualifications: Prior non-life reinsurance pricing experience is essential; open to part-qualified or newly qualified actuaries.
- Other info: Opportunity for international work in locations like the US and Bermuda.
The predicted salary is between 36000 - 60000 £ per year.
Do you have non-life reinsurance pricing experience? Do you want to work on innovative products in emerging markets? Then this could be the next role for you. This expanding organisation is focused on providing insurance and reinsurance for digital assets such as AI, space economy, biotech and other exciting new areas.
You will have the opportunity to work across risks in support of the Head of Reinsurance, using both established traditional pricing techniques but also areas of machine learning and data science.
As a growing scale-up organisation, you will be part of a small reinsurance actuarial team but will be working closely with senior actuaries and underwriters in providing much needed expertise and analysis. This role offers unrivalled exposure to senior leadership but there will also be exposure to external stakeholders such as brokers that you may not experience in other organisations.
As a truly international organisation, there is the very real opportunity to work abroad in the future in locations such as the US and Bermuda. Prior non-life reinsurance pricing experience within a broker, MGA, or risk carrier is required but this can be across any lines of business.
You may be part-qualified, nearly/newly, or a qualified actuary; this organisation is open on qualifications if you have the required knowledge. This is an exciting time to join this organisation with the opportunity to develop into more senior roles as the company grows, work internationally and also on some of the most exciting risks the insurance market has to offer.
Contact Detail:
Invecta Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Pricing Analyst/Actuary
✨Tip Number 1
Network with professionals in the reinsurance industry, especially those who have experience in non-life pricing. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in innovative products.
✨Tip Number 2
Familiarise yourself with machine learning and data science applications in pricing. Consider taking online courses or certifications that focus on these areas, as they are increasingly important in the evolving landscape of reinsurance.
✨Tip Number 3
Research the company’s recent projects and initiatives, particularly those related to digital assets and emerging markets. This knowledge will help you demonstrate your genuine interest in their work during interviews.
✨Tip Number 4
Prepare to discuss your previous non-life reinsurance pricing experiences in detail. Be ready to explain how your skills can contribute to the team and how you can leverage your background to tackle the unique challenges this role presents.
We think you need these skills to ace Reinsurance Pricing Analyst/Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your non-life reinsurance pricing experience. Focus on relevant skills and projects that demonstrate your expertise in traditional pricing techniques, machine learning, and data science.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for working with innovative products in emerging markets. Mention specific examples of how your background aligns with the company's focus on digital assets and your desire to contribute to their growth.
Showcase Your Analytical Skills: Emphasise your analytical abilities in both your CV and cover letter. Provide examples of how you've used data analysis or machine learning in previous roles to support pricing decisions or risk assessments.
Highlight International Experience: If you have any international experience or aspirations, be sure to mention this. The company values global exposure, so discussing any relevant experiences or your willingness to work abroad can set you apart from other candidates.
How to prepare for a job interview at Invecta
✨Showcase Your Pricing Experience
Make sure to highlight your non-life reinsurance pricing experience during the interview. Be prepared to discuss specific projects or techniques you've used, especially those that relate to innovative products in emerging markets.
✨Demonstrate Your Analytical Skills
Since the role involves using traditional pricing techniques as well as machine learning and data science, be ready to explain how you've applied these skills in past roles. Bring examples of how your analytical approach has led to successful outcomes.
✨Engage with Senior Leadership Insights
This position offers exposure to senior leadership, so show your enthusiasm for learning from them. Prepare thoughtful questions about their experiences and insights into the industry, which will demonstrate your eagerness to grow within the company.
✨Express Interest in International Opportunities
Since the organisation has international prospects, express your interest in working abroad. Discuss any relevant experiences you have had in different cultures or markets, as this will show your adaptability and global mindset.