At a Glance
- Tasks: Join a dynamic team to analyse pricing for Marine and Energy portfolios.
- Company: Work with a leading Lloyd's re/insurer known for innovation.
- Benefits: Gain valuable experience in a supportive environment with potential for remote work.
- Why this job: Develop technical skills while collaborating with underwriters in a high-performing team.
- Qualifications: A background in actuarial science or related fields is preferred.
- Other info: Opportunity to shape underwriting strategies and influence portfolio performance.
The predicted salary is between 43200 - 72000 £ per year.
We have partnered with a leading Lloyd's re/insurer to find them a Pricing Actuary to join a dynamic actuarial team supporting/leading Marine and Energy portfolios - with a focus on account pricing, portfolio analysis, and innovation in pricing tools (with support of a technical team). The role is not limited to but includes:
- Deliver account-level pricing analysis to support underwriters during broker negotiations and client discussions.
- Monitor portfolio performance and provide insights to shape underwriting strategy and identify trends.
- Participate in model development and recalibration to ensure pricing tools remain accurate and effective.
- Collaborate across teams to develop new MI dashboards and pricing capabilities, using modern analytical tools.
This is a fantastic opportunity to join a high-performing actuarial team while developing both technical and commercial pricing experience alongside underwriters.
Marine & Energy Pricing Actuary employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Marine & Energy Pricing Actuary
✨Tip Number 1
Familiarise yourself with the latest trends in marine and energy insurance. Understanding the current market dynamics will help you engage in meaningful conversations during interviews and demonstrate your knowledge of the industry.
✨Tip Number 2
Network with professionals in the actuarial field, especially those working in marine and energy sectors. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the role.
✨Tip Number 3
Brush up on your technical skills related to pricing tools and analytical software. Being able to discuss your proficiency with modern analytical tools will set you apart and show that you're ready to contribute from day one.
✨Tip Number 4
Prepare to discuss your experience with portfolio analysis and account-level pricing. Be ready to share specific examples of how you've contributed to pricing strategies or improved tools in previous roles, as this will highlight your suitability for the position.
We think you need these skills to ace Marine & Energy Pricing Actuary
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and skills required for the Marine & Energy Pricing Actuary position. Tailor your application to highlight relevant experience in account pricing, portfolio analysis, and model development.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles or projects that involved pricing analysis, collaboration with underwriters, or the use of analytical tools. Use specific examples to demonstrate your expertise in these areas.
Showcase Technical Skills: Mention any technical skills or software proficiency that align with the job requirements, such as experience with MI dashboards or modern analytical tools. This will help you stand out as a candidate who can contribute to the team's innovation efforts.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your enthusiasm for the role and the company. Discuss how your background aligns with their goals and how you can add value to their actuarial team.
How to prepare for a job interview at HFG Insurance Recruitment
✨Understand the Marine and Energy Sector
Familiarise yourself with the specific challenges and trends in the Marine and Energy insurance markets. Being able to discuss recent developments or case studies will show your genuine interest and understanding of the field.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with pricing analysis and model development. Be ready to provide examples of how you've used analytical tools to influence decision-making or improve pricing strategies in previous roles.
✨Collaborate Effectively
Highlight your ability to work across teams, especially with underwriters and technical teams. Share examples of successful collaborations that led to improved outcomes, as this role requires strong teamwork.
✨Prepare Questions for the Interviewers
Think of insightful questions to ask about the company's approach to innovation in pricing tools and their expectations for the role. This demonstrates your enthusiasm and helps you assess if the company is the right fit for you.