Pricing Actuary

Pricing Actuary

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Pricing Actuary, providing pricing support and managing client relationships.
  • Company: Work with a leading speciality insurer in the dynamic Lloyd's market.
  • Benefits: Enjoy a hybrid work model with three days in the London office.
  • Why this job: Be part of a reputable company, enhancing your skills in a collaborative environment.
  • Qualifications: Ideal for nearly/newly qualified actuaries with a strong academic background and GI experience.
  • Other info: Familiarity with R, Python, SQL, and PowerBI is a plus!

The predicted salary is between 43200 - 72000 £ per year.

We are working with a leading speciality insurer, operating within the Lloyd's market, searching for a Pricing Actuary. The successful candidate will have a strong technical background and excellent communication skills to manage client and broker relationships.

You will be required to provide pricing support to other classes, including Political Risk and Credit. We are looking to speak with nearly/newly qualified actuaries with an excellent academic background. Prior experience in General Insurance is essential, and experience with languages such as R, Python, SQL, and PowerBI is preferred.

The role is hybrid and requires 3 days a week in the London office.

Pricing Actuary employer: Eames Consulting

As a leading speciality insurer in the Lloyd's market, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our London office offers a hybrid working model, allowing for flexibility while providing ample opportunities for professional growth and development. Join us to be part of a team that not only supports your career aspirations but also encourages meaningful contributions to the insurance industry.
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Contact Detail:

Eames Consulting Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Actuary

✨Tip Number 1

Familiarise yourself with the Lloyd's market and its unique pricing strategies. Understanding the nuances of this environment will help you stand out during discussions with potential employers.

✨Tip Number 2

Brush up on your technical skills, especially in R, Python, SQL, and PowerBI. Being able to demonstrate your proficiency in these tools can significantly enhance your appeal as a candidate.

✨Tip Number 3

Network with professionals in the insurance and actuarial fields. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the role.

✨Tip Number 4

Prepare to discuss your experience in General Insurance (GI) during interviews. Be ready to share specific examples of how you've applied your actuarial skills in previous roles to solve complex pricing challenges.

We think you need these skills to ace Pricing Actuary

Strong Technical Background
Excellent Communication Skills
Client Relationship Management
Broker Relationship Management
Pricing Support Expertise
Knowledge of Political Risk and Credit Pricing
Nearly/Newly Qualified Actuary
General Insurance Experience
Proficiency in R
Proficiency in Python
Proficiency in SQL
Proficiency in PowerBI
Analytical Skills
Attention to Detail
Problem-Solving Skills

Some tips for your application 🫡

Understand the Role: Read the job description carefully to understand the key responsibilities and required skills for the Pricing Actuary position. Tailor your application to highlight how your experience aligns with these requirements.

Highlight Technical Skills: Make sure to emphasise your technical background, especially in General Insurance (GI) and any experience with programming languages like R, Python, SQL, and PowerBI. Provide specific examples of how you've used these skills in previous roles.

Showcase Communication Skills: Since the role involves managing client and broker relationships, include examples in your application that demonstrate your excellent communication skills. This could be through past experiences where you successfully collaborated with stakeholders.

Tailor Your CV and Cover Letter: Customise your CV and cover letter to reflect your academic achievements and relevant experience. Make sure to mention your qualifications and any relevant projects or roles that showcase your suitability for the Pricing Actuary position.

How to prepare for a job interview at Eames Consulting

✨Showcase Your Technical Skills

As a Pricing Actuary, you'll need to demonstrate your technical expertise. Be prepared to discuss your experience with R, Python, SQL, and PowerBI. Bring examples of how you've used these tools in previous roles to solve complex problems.

✨Communicate Effectively

Excellent communication skills are crucial for managing client and broker relationships. Practice explaining complex actuarial concepts in simple terms. This will show that you can bridge the gap between technical details and client understanding.

✨Highlight Relevant Experience

Make sure to emphasise your prior experience in General Insurance (GI). Prepare specific examples of projects or tasks where you successfully applied your actuarial knowledge in this field, as it will be highly relevant to the role.

✨Prepare for Hybrid Work Discussion

Since the role is hybrid, be ready to discuss your approach to working both in the office and remotely. Think about how you can maintain productivity and collaboration in a flexible work environment, and be prepared to share your thoughts on this.

Pricing Actuary
Eames Consulting
Location: London

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