At a Glance
- Tasks: Join a dynamic team to develop and enhance pricing models for reinsurance.
- Company: Work with a leading (re)insurance business known for its innovative approach.
- Benefits: Enjoy flexible working options and a collaborative work culture.
- Why this job: Make a real impact on commercial projects while gaining valuable actuarial experience.
- Qualifications: Ideal for those with actuarial knowledge and reinsurance experience.
- Other info: This role offers exposure to high-impact projects and cross-functional collaboration.
The predicted salary is between 36000 - 60000 £ per year.
We have partnered with a (re)insurance business to find them a Reinsurance Pricing Analyst / Actuary to join their dynamic pricing team. This is an exciting opportunity to take on a broad and commercially impactful role supporting underwriters and delivering actuarial insight across a variety of reinsurance classes. Key Responsibilities: Develop, review, and enhance pricing models, including monitoring and calibration. Support underwriters on pricing adequacy for individual accounts (open market and delegated). Analyse pricing metrics, performance, and loss data. Conduct rate change and price adequacy analysis across portfolios. Enhance internal model parameterisation and support business planning. Collaborate cross-functionally to drive pricing initiatives and embed best practice. This is a great opportunity for an actuarial analyst with reinsurance experience to step into a broader pricing role with exposure to high-impact commercial projects. Please apply for more information:41bf1e1f-b16b-4260-a40a-17c77a06fd15
Reinsurance Pricing Analyst / Actuary employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Pricing Analyst / Actuary
✨Tip Number 1
Familiarise yourself with the latest trends in reinsurance pricing and actuarial practices. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the reinsurance industry, especially those working in pricing roles. Attend relevant conferences or webinars to make connections and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've developed or enhanced pricing models in previous roles. Being able to articulate your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data to drive decision-making in past projects. Highlighting your ability to analyse pricing metrics and performance will resonate well with the hiring team.
We think you need these skills to ace Reinsurance Pricing Analyst / Actuary
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Reinsurance Pricing Analyst / Actuary. Familiarise yourself with key terms and concepts in reinsurance pricing to demonstrate your knowledge in your application.
Tailor Your CV: Highlight relevant experience in actuarial analysis and reinsurance. Focus on specific projects or roles where you've developed pricing models or supported underwriters, as this will show your suitability for the position.
Craft a Compelling Cover Letter: Use your cover letter to explain why you're passionate about reinsurance and how your skills align with the job requirements. Mention any specific achievements in pricing analysis that could set you apart from other candidates.
Showcase Analytical Skills: In your application, provide examples of how you've used data analysis to drive decisions or improve processes. This is crucial for a role that involves analysing pricing metrics and performance.
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your Numbers
As a Reinsurance Pricing Analyst / Actuary, you'll be expected to have a strong grasp of pricing models and metrics. Brush up on your statistical knowledge and be prepared to discuss how you've developed or enhanced pricing models in the past.
✨Understand the Business
Familiarise yourself with the reinsurance industry and the specific business model of the company you're interviewing with. Being able to articulate how your role supports underwriters and impacts the bottom line will show that you understand the commercial aspects of the job.
✨Prepare for Technical Questions
Expect technical questions related to actuarial principles and pricing strategies. Be ready to explain your thought process when analysing pricing adequacy and conducting rate change analyses. Practice articulating complex concepts in a clear and concise manner.
✨Showcase Collaboration Skills
This role involves cross-functional collaboration, so be prepared to discuss examples of how you've worked with different teams in the past. Highlight your ability to drive initiatives and embed best practices, as this will demonstrate your teamwork and leadership potential.