At a Glance
- Tasks: Support pricing initiatives and evaluate large deals in a high-impact role.
- Company: Join a leading global insurance and reinsurance group with a strong reputation.
- Benefits: Enjoy hybrid working options and a competitive day rate based on experience.
- Why this job: Make a real impact by collaborating with senior leadership and enhancing pricing methodologies.
- Qualifications: FIA or equivalent with 7+ years' experience in pricing across multiple lines.
- Other info: Immediate start available; apply now for this exciting contract opportunity!
The predicted salary is between 48000 - 72000 Β£ per year.
A leading global insurance and reinsurance group is seeking an experienced Senior Pricing Actuary on a contract basis to support the expansion of their actuarial pricing capabilities across international portfolios. This is a high-impact role working closely with senior leadership on strategic pricing initiatives, deal evaluation, and performance monitoring.
Key Responsibilities:
- Support portfolio steering and growth initiatives by delivering pricing insight and analysis.
- Evaluate large, multi-class deals, providing commercial viability assessments.
- Monitor key MGA and third-party relationships through regular performance reviews.
- Enhance pricing tools, frameworks, and methodologies to drive consistency and technical excellence.
- Conduct peer reviews and guide junior team members on best practice pricing techniques.
- Contribute to syndicate planning, including loss ratio setting, inflation assumptions and trend analysis.
- Collaborate cross-functionally with underwriting, finance, and risk for projects such as ORSA and strategy reviews.
Ideal Profile:
- FIA or equivalent with 7+ years' post-qualification experience.
- Strong pricing experience across multiple lines of business, ideally in both insurance and reinsurance.
- Comfortable analysing large data sets and delivering commercial insight.
- Experience leading or contributing to change initiatives and process improvements.
- Effective communicator who can collaborate across actuarial, underwriting, and senior leadership teams.
Contract Details:
- Initial term: 6β12 months
- Location: London (hybrid working available)
- Day rate: Competitive, based on experience
Interested? Apply now or get in touch in confidence to discuss this contract opportunity. Immediate start available.
Contact Detail:
Bolton Associates Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Actuarial Pricing Contractor
β¨Tip Number 1
Network with professionals in the actuarial field, especially those who work in pricing roles. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can give you insights into what the hiring company values.
β¨Tip Number 2
Familiarise yourself with the latest trends and tools in actuarial pricing. Being knowledgeable about current methodologies and technologies will not only boost your confidence but also demonstrate your commitment to staying ahead in the field.
β¨Tip Number 3
Prepare to discuss specific examples of how you've contributed to pricing initiatives or process improvements in your previous roles. Highlighting your hands-on experience will show that you can add immediate value to the team.
β¨Tip Number 4
Research the companyβs recent projects and strategic goals. Understanding their focus areas will allow you to tailor your discussions and demonstrate how your skills align with their objectives during interviews.
We think you need these skills to ace Actuarial Pricing Contractor
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Pricing Actuary position. Tailor your application to highlight relevant experience in pricing, deal evaluation, and performance monitoring.
Highlight Relevant Experience: In your CV and cover letter, emphasise your 7+ years of post-qualification experience and any specific projects where you've successfully delivered pricing insights or enhanced pricing tools. Use quantifiable achievements to demonstrate your impact.
Showcase Analytical Skills: Since the role involves analysing large data sets, include examples of how you've used data analysis to drive commercial insight in previous roles. Mention any specific tools or methodologies you are familiar with that relate to pricing.
Communicate Effectively: As effective communication is key for this role, ensure your application reflects your ability to collaborate across teams. Use clear and concise language in your cover letter to convey your thoughts and experiences.
How to prepare for a job interview at Bolton Associates
β¨Showcase Your Technical Expertise
As a Senior Pricing Actuary, it's crucial to demonstrate your strong pricing experience across multiple lines of business. Be prepared to discuss specific projects where you've successfully delivered pricing insights and analysis, especially in both insurance and reinsurance.
β¨Prepare for Data Analysis Questions
Given the role's emphasis on analysing large data sets, expect questions that assess your analytical skills. Brush up on your methodologies for evaluating commercial viability and be ready to share examples of how you've used data to drive decision-making.
β¨Highlight Leadership and Collaboration Skills
This position involves working closely with senior leadership and cross-functional teams. Prepare to discuss your experience leading change initiatives and how you've effectively communicated and collaborated with underwriting, finance, and risk teams.
β¨Demonstrate Continuous Improvement Mindset
The company values enhancements in pricing tools and methodologies. Be ready to talk about any process improvements you've implemented in previous roles and how they contributed to technical excellence and consistency in pricing practices.