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- Tasks: Join a dynamic team to price diverse specialty classes and enhance pricing models.
- Company: Work with a leading Lloyd's syndicate known for innovation in the insurance market.
- Benefits: Enjoy a 12-month contract with opportunities for professional growth and development.
- Why this job: Perfect for personal lines professionals eager to break into the exciting London Market.
- Qualifications: Experience in pricing within personal lines is essential; actuarial skills are a plus.
- Other info: This role supports a collaborative team environment and strategic business initiatives.
The predicted salary is between 43200 - 72000 £ per year.
We have partnered with a leading Lloyd\’s syndicate to recruit a Pricing Actuary for a 12-month maternity cover contract. This is an exceptional opportunity for pricing professionals in personal lines who are looking to transition into the London Market. This role is not limited to but includes: Work across a diverse portfolio of specialty classes including D&O, Professional Liability, Cyber, Crime, Trade Credit, and Surety. Supporting an excellent team of underwriters with case pricing, developing and enhancing pricing models using advanced techniques (e.g. GLMs). Contributing to strategic actuarial and business initiatives. For more information please apply.41bf1e1f-b16b-4260-a40a-17c77a06fd15
Opportunity to move from Personal lines to London market employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Opportunity to move from Personal lines to London market
✨Tip Number 1
Familiarise yourself with the London Market and its unique characteristics. Understanding the differences between personal lines and specialty classes like D&O or Cyber will help you demonstrate your readiness for this transition.
✨Tip Number 2
Network with professionals already working in the London Market. Attend industry events or join relevant online forums to connect with actuaries and underwriters who can provide insights and potentially refer you to opportunities.
✨Tip Number 3
Brush up on advanced pricing techniques, especially Generalised Linear Models (GLMs). Being able to discuss these methods confidently during interviews will showcase your technical skills and adaptability to the new role.
✨Tip Number 4
Prepare to discuss how your experience in personal lines can add value to the London Market. Think of specific examples where you've successfully supported underwriting decisions or contributed to pricing strategies that could translate well into this new environment.
We think you need these skills to ace Opportunity to move from Personal lines to London market
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the specifics of the Pricing Actuary position. Highlight your experience in personal lines and how it can translate to the London Market, especially in areas like D&O, Professional Liability, and Cyber.
Tailor Your CV: Make sure your CV reflects relevant skills and experiences that align with the job description. Emphasise your expertise in pricing models and any advanced techniques you have used, such as GLMs.
Craft a Compelling Cover Letter: Write a cover letter that not only showcases your qualifications but also expresses your enthusiasm for transitioning into the London Market. Mention specific projects or achievements that demonstrate your capability in supporting underwriters and contributing to strategic initiatives.
Proofread and Edit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial in actuarial roles.
How to prepare for a job interview at HFG Insurance Recruitment
✨Understand the London Market
Familiarise yourself with the unique aspects of the London Market, especially if you're coming from personal lines. Research key players, trends, and challenges in this space to demonstrate your knowledge during the interview.
✨Showcase Your Pricing Experience
Be prepared to discuss your experience with pricing models and techniques, particularly GLMs. Highlight specific examples where you've successfully developed or enhanced pricing strategies, as this will be crucial for the role.
✨Prepare for Technical Questions
Expect technical questions related to actuarial principles and pricing methodologies. Brush up on your technical skills and be ready to explain complex concepts clearly, as this will showcase your expertise and communication abilities.
✨Demonstrate Team Collaboration
Since the role involves supporting underwriters, emphasise your ability to work collaboratively within a team. Share examples of how you've effectively communicated and partnered with colleagues to achieve common goals.
