Longevity Pricing Actuary

Longevity Pricing Actuary

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

  • Tasks: Join our longevity pricing team to deliver quotes and support deal executions.
  • Company: Be part of a major global reinsurer making waves in the insurance industry.
  • Benefits: Enjoy a hybrid work model and opportunities for professional growth.
  • Why this job: Make a real impact while working with diverse teams and cutting-edge tools.
  • Qualifications: Part-qualified or qualified actuary with knowledge of UK life insurance and programming skills.
  • Other info: Ideal for those looking to advance their career in a supportive environment.

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

London/hybrid | Leading Reinsurer

Permanent | Longevity Pricing

Are you a part-qualified or qualified, technically-astute life/pensions actuary with excellent knowledge of pricing processes?

Then this is an exciting opportunity to join a major global reinsurer where you will make an impact within the longevity pricing team, delivering longevity quotes and providing input into deal executions.

In this diverse role, you will also monitor the experience on in-force treaties for reporting purposes while supporting the basis development team in the review of assumptions for both of our client's propositions.

In addition, you will support the tools and infrastructure team, continually improving and maintaining tools and processes.

With excellent interpersonal skills and the ability to act as role model and mentor, the successful candidate will possess relevant knowledge or experience of the UK life insurance market or relevant pensions knowledge.

Knowledge of pricing processes, including experience analysis, assumptions setting and modelling methodology also required.

Experience with R, Python, Basic VBA or similar programming is required while experience with Power BI would be desirable.

A fantastic career opportunity within a market-leading firm.

Star Ref: Star9048

Longevity Pricing Actuary employer: Star Actuarial Futures

Join a leading global reinsurer in London, where you will thrive in a dynamic and inclusive work culture that values innovation and collaboration. We offer competitive benefits, including flexible working arrangements, professional development opportunities, and a supportive environment that encourages growth and mentorship. As part of our longevity pricing team, you will play a crucial role in shaping the future of our client propositions while enjoying the unique advantages of working in one of the world's most vibrant cities.
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Contact Detail:

Star Actuarial Futures Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Longevity Pricing Actuary

Tip Number 1

Familiarize yourself with the latest trends and developments in the UK life insurance market. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.

Tip Number 2

Network with professionals in the longevity pricing space. Attend industry events or join relevant online forums to connect with actuaries who can provide insights and potentially refer you to opportunities.

Tip Number 3

Brush up on your programming skills, especially in R and Python. Consider working on small projects or contributing to open-source initiatives to showcase your technical abilities.

Tip Number 4

Prepare to discuss your experience with pricing processes in detail. Be ready to share specific examples of how you've contributed to pricing analysis, assumptions setting, or modeling methodologies in previous roles.

We think you need these skills to ace Longevity Pricing Actuary

Life Insurance Knowledge
Pensions Knowledge
Pricing Processes
Experience Analysis
Assumptions Setting
Modelling Methodology
R Programming
Python Programming
Basic VBA
Power BI
Interpersonal Skills
Mentoring Skills
Analytical Skills
Attention to Detail
Problem-Solving Skills

Some tips for your application 🫡

Understand the Role: Make sure you fully understand the responsibilities and requirements of the Longevity Pricing Actuary position. Highlight your relevant experience in life/pensions actuarial work and pricing processes in your application.

Tailor Your CV: Customize your CV to emphasize your technical skills, particularly in R, Python, and VBA. Include specific examples of your experience with pricing processes, experience analysis, and any relevant projects you've worked on.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your knowledge of the UK life insurance market and how your skills align with the needs of the longevity pricing team.

Highlight Interpersonal Skills: Since excellent interpersonal skills are crucial for this role, provide examples in your application of how you've successfully collaborated with teams or mentored others in previous positions.

How to prepare for a job interview at Star Actuarial Futures

Showcase Your Technical Skills

Make sure to highlight your experience with R, Python, and any other relevant programming languages during the interview. Be prepared to discuss specific projects where you utilized these skills, as this will demonstrate your technical proficiency and problem-solving abilities.

Understand Pricing Processes

Familiarize yourself with the pricing processes relevant to longevity pricing. Be ready to discuss your knowledge of experience analysis, assumptions setting, and modeling methodology, as these are crucial for the role.

Demonstrate Interpersonal Skills

Since excellent interpersonal skills are essential for this position, think of examples from your past experiences where you acted as a mentor or role model. This will show that you can effectively collaborate within a team and support others.

Research the Company and Market

Before the interview, take some time to research the reinsurer and the UK life insurance market. Understanding their position in the industry and current trends will help you ask insightful questions and show your genuine interest in the company.

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