At a Glance
- Tasks: Join a dynamic team to analyse pricing and support underwriters in Marine and Energy portfolios.
- Company: Work with a leading Lloyd's re/insurer known for innovation and excellence.
- Benefits: Gain valuable experience, collaborate with experts, and develop your skills in a supportive environment.
- Why this job: This role offers a chance to impact pricing strategies while working with cutting-edge tools and insights.
- Qualifications: Ideal for those with a strong analytical mindset and a passion for actuarial science.
- Other info: Opportunity to grow within a high-performing team and enhance both technical and commercial skills.
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.
Pricing Actuary (Marine & Energy) employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary (Marine & Energy)
✨Tip Number 1
Familiarise yourself with the latest trends in marine and energy insurance. Understanding the specific challenges and innovations in these sectors will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the actuarial field, especially those working in marine and energy portfolios. Attend industry events or join relevant online forums to build connections that could lead to referrals.
✨Tip Number 3
Brush up on your technical skills related to pricing tools and analytical software. Being able to demonstrate proficiency in modern analytical tools will set you apart from other candidates.
✨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.
We think you need these skills to ace Pricing Actuary (Marine & Energy)
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and skills required for the Pricing Actuary position. Tailor your application to highlight relevant experience in account pricing, portfolio analysis, and collaboration with technical teams.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience you have in actuarial roles, particularly in marine and energy sectors. Mention specific projects or tools you've used that relate to pricing analysis and model development.
Showcase Analytical Skills: Since the role involves developing MI dashboards and using analytical tools, make sure to include examples of your analytical skills. Discuss any software or methodologies you are proficient in that would be beneficial for this position.
Craft a Compelling Cover Letter: Write a cover letter that not only expresses your interest in the role but also demonstrates your understanding of the company’s needs. Use specific examples to illustrate how your background aligns with their goals, especially in terms of innovation in pricing tools.
How to prepare for a job interview at HFG Insurance Recruitment
✨Understand the Role
Make sure you have a solid grasp of what a Pricing Actuary does, especially in the Marine and Energy sectors. Familiarise yourself with account pricing, portfolio analysis, and the specific tools used in the industry.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with data analysis and model development. Highlight any relevant projects where you've successfully used analytical tools to drive insights or improve pricing strategies.
✨Prepare for Technical Questions
Expect questions that test your technical knowledge and problem-solving abilities. Brush up on actuarial principles, pricing models, and any software or tools mentioned in the job description.
✨Demonstrate Collaboration
Since the role involves working across teams, be ready to share examples of how you've successfully collaborated with others in previous roles. Emphasise your communication skills and ability to work in a team environment.