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For Companies At a Glance
- Tasks: Produce pricing quotes for longevity swaps and assist in negotiating commercial terms.
- Company: Join pmactuarial, a leader in Actuarial search within UK Life insurance.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: This role offers a unique blend of technical and commercial experience in a global Reinsurer.
- Qualifications: Must be a newly qualified Actuary; experience in Longevity or DB pension schemes is a plus.
- Other info: Located in London, this position requires an EU work permit.
The predicted salary is between 36000 - 60000 £ per year.
pmactuarial specializes in Actuarial search within UK Life insurance. We have been asked to find a newly qualified Longevity Pricing Actuary for a global Reinsurer. Some of the key details are:
- London based
- Production of pricing quotes for longevity swaps
- Close interaction with senior management
- Assistance with the negotiation of commercial terms
- The role will also provide the unique opportunity to be involved with the pricing of protection and structured finance lines.
- It would suit a newly qualified Actuary keen to pursue a technical and commercial career route.
- Previous experience of Longevity or DB pension schemes would be highly desirable.
Newly Qualified Longevity Pricing Actuary employer: Pmactuarial
Contact Detail:
Pmactuarial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Newly Qualified Longevity Pricing Actuary
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in longevity pricing or related areas. Attend industry events or webinars to connect with potential colleagues and learn more about the role.
✨Tip Number 2
Familiarise yourself with the latest trends and developments in longevity pricing and DB pension schemes. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the field.
✨Tip Number 3
Prepare to discuss your technical skills and how they apply to pricing quotes and commercial negotiations. Be ready to provide examples of how you've used these skills in previous roles or projects.
✨Tip Number 4
Research pmactuarial and the global reinsurer you'll be working with. Understanding their values, culture, and recent projects can give you an edge in interviews and show that you're a good fit for their team.
We think you need these skills to ace Newly Qualified Longevity Pricing Actuary
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the specifics of the Newly Qualified Longevity Pricing Actuary position. Highlight your understanding of longevity swaps, DB pension schemes, and the importance of pricing quotes in your application.
Tailor Your CV: Make sure your CV reflects relevant experience and skills related to actuarial work, particularly in longevity pricing or similar fields. Emphasise any technical and commercial projects you've been involved in.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your qualifications, relevant experiences, and how you can contribute to the team at pmactuarial.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise to make a strong impression.
How to prepare for a job interview at Pmactuarial
✨Understand the Role
Make sure you have a solid grasp of what a Longevity Pricing Actuary does. Familiarise yourself with longevity swaps, DB pension schemes, and the specific responsibilities mentioned in the job description. This will help you answer questions confidently and show your genuine interest in the role.
✨Prepare for Technical Questions
Expect to be asked technical questions related to actuarial principles and pricing strategies. Brush up on your knowledge of longevity risk and how it impacts pricing. Being able to discuss these topics in detail will demonstrate your expertise and readiness for the position.
✨Showcase Your Communication Skills
Since the role involves close interaction with senior management and negotiation of commercial terms, it's crucial to highlight your communication skills. Prepare examples of how you've effectively communicated complex information in the past, especially in a team or client-facing environment.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of the interview. Inquire about the company's approach to longevity pricing, the team dynamics, or future projects. This not only shows your enthusiasm but also helps you assess if the company is the right fit for you.
