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For Companies At a Glance
- Tasks: Lead the Actuarial Pricing function and develop innovative pricing strategies.
- Company: Join a small but ambitious General Insurance company making waves in the industry.
- Benefits: Enjoy competitive pay, career growth opportunities, and a dynamic work environment.
- Why this job: Be part of a forward-thinking team that values your expertise and vision.
- Qualifications: Must be a Qualified Actuary with experience in General Insurance, especially Commercial.
- Other info: Applicants must be eligible to work in the UK without sponsorship.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
MERJE are partnering with a General Insurance client who are looking for someone to head up their Actuarial function with an emphasis on Pricing.
Candidates must be Qualified Actuaries with significant experience in the General Insurance space, ideally with a focus on Commercial business.
You'll be tasked with ensuring the vision is created and met regarding the Pricing strategy. This will be coupled with driving in to new markets, whilst ensuring the gritty work that underpins Pricing deliverables is adhered to.
This role sits with one of the smaller, but most ambitious companies in their field!
What will make you stand out?? – This is suited to someone with a real gravitas around stakeholders. You must be able to back yourself in this role and ensure that is carried out across various functions that relate to Actuarial.
Applicants must be located and eligible to work in the UK without sponsorship.
Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website.
If you would like this job advertisement in an alternative format, please contact MERJE directly.
Head of Actuarial Pricing employer: MERJE Ltd
Contact Detail:
MERJE Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Actuarial Pricing
✨Tip Number 1
Network with professionals in the actuarial field, especially those who have experience in pricing within general insurance. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends.
✨Tip Number 2
Showcase your leadership skills by discussing any previous experiences where you successfully led a team or project. Highlight how you managed stakeholder relationships and drove strategic initiatives in your past roles.
✨Tip Number 3
Research the company thoroughly to understand their current pricing strategies and market position. Be prepared to discuss how you can contribute to their vision and drive growth in new markets during any interviews.
✨Tip Number 4
Prepare to articulate your understanding of the commercial insurance landscape and how it impacts pricing strategies. Being able to discuss specific challenges and opportunities in this area will demonstrate your expertise and readiness for the role.
We think you need these skills to ace Head of Actuarial Pricing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as an actuary and your experience in general insurance, particularly in pricing. Use specific examples that demonstrate your expertise and achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your relevant experience but also conveys your passion for the role. Emphasise your ability to lead and drive pricing strategies, and how you can contribute to the company's vision.
Highlight Stakeholder Management Skills: Given the emphasis on gravitas around stakeholders, ensure you provide examples of how you've successfully managed relationships with various functions in previous roles. This will show your capability to navigate complex organisational dynamics.
Proofread Your Application: Before submitting, carefully proofread your application materials. Look for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your professionalism.
How to prepare for a job interview at MERJE Ltd
✨Showcase Your Actuarial Expertise
As a candidate for the Head of Actuarial Pricing, it's crucial to demonstrate your deep understanding of actuarial principles and pricing strategies. Be prepared to discuss specific projects or experiences where you've successfully implemented pricing strategies in the General Insurance sector.
✨Engage with Stakeholders
Given the emphasis on stakeholder gravitas, practice articulating your ideas clearly and confidently. Prepare examples of how you've effectively communicated complex actuarial concepts to non-technical stakeholders, showcasing your ability to influence and drive decisions.
✨Demonstrate Market Awareness
Research the current trends in the General Insurance market, especially in Commercial business. Be ready to discuss how these trends could impact pricing strategies and how you would approach entering new markets while adhering to pricing deliverables.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your leadership style and decision-making process. Use the STAR method (Situation, Task, Action, Result) to structure your responses, highlighting instances where you've led teams or projects successfully in the actuarial field.
