At a Glance
- Tasks: Join us as a Technical Pricing Manager, calibrating pricing tools and analysing emerging risks.
- Company: Be part of a major London Market firm that's growing and innovating in the insurance sector.
- Benefits: Enjoy a 12-month Fixed Term Contract with opportunities for professional growth and development.
- Why this job: This role offers a unique chance to impact pricing strategies and collaborate across teams.
- Qualifications: You need GI pricing actuarial experience, strong communication skills, and proficiency in SQL or Python.
- Other info: Perfect for those looking to step into a non-traditional pricing role in a dynamic environment.
The predicted salary is between 43200 - 72000 £ per year.
Are you a qualified GI pricing actuary with detailed experience of long tail lines of business, looking for your next career challenge? This is a fantastic opportunity to contribute to the ongoing success of a growing business in a non-traditional pricing role, having responsibility for calibrating pricing tools, including the testing, implementation, documentation and maintenance of tools.
Working closely with a range of teams, including IT and Underwriting, you will identify emerging risks and claim trends, allowing for these in the pricing models. In this diverse role, you will also help set and monitor risk appetites and risk tolerances to ensure delivery against the business plan. In addition, you will undertake experience and/or exposure-based pricing analysis to support commercial decisions on portfolio transfers.
To be successful in the role, you will have insurance experience within an actuarial function as well as casualty pricing experience gained working in commercial or London Market insurance, or within a broker or MGA. With excellent communication skills and IT literacy, you will ideally possess SQL, Python, R and/or other database/programming experience.
So what are you waiting for? Apply now and take the next step on your career journey.
Entrepreneurial Technical Pricing Manager employer: Actuarial Futures
Contact Detail:
Actuarial Futures Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Entrepreneurial Technical Pricing Manager
✨Tip Number 1
Network with professionals in the insurance and actuarial fields. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest trends in pricing models and risk management within the insurance sector. Being able to discuss current challenges and innovations during interviews will demonstrate your passion and knowledge for the role.
✨Tip Number 3
Brush up on your technical skills, especially in SQL, Python, and R. Consider working on personal projects or contributing to open-source projects that showcase your ability to handle data effectively, as this will be crucial for the role.
✨Tip Number 4
Prepare to discuss specific examples from your past experience where you've successfully calibrated pricing tools or identified emerging risks. Having concrete examples ready will help you stand out during the interview process.
We think you need these skills to ace Entrepreneurial Technical Pricing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in GI pricing and actuarial functions. Emphasise your skills in SQL, Python, R, and any relevant long tail lines of business you've worked with.
Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in this non-traditional pricing role. Mention specific examples of how you've contributed to pricing tools or identified emerging risks in previous positions.
Showcase Communication Skills: Since excellent communication is key for this role, consider including examples in your application that demonstrate your ability to work collaboratively with IT and Underwriting teams.
Highlight Relevant Experience: Detail your experience with casualty pricing and any roles within commercial or London Market insurance. This will help the employer see your fit for the position right away.
How to prepare for a job interview at Actuarial Futures
✨Showcase Your Technical Skills
Make sure to highlight your experience with SQL, Python, R, or any other relevant programming languages during the interview. Be prepared to discuss specific projects where you utilised these skills, as this will demonstrate your technical proficiency and how it can benefit the company.
✨Understand the Business Context
Familiarise yourself with the long tail lines of business and the current trends in the insurance market. This knowledge will allow you to engage in meaningful discussions about emerging risks and claim trends, showcasing your understanding of the industry and its challenges.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think of examples from your past experiences where you identified risks or implemented pricing strategies, and be ready to explain your thought process and the outcomes.
✨Communicate Effectively
Since the role involves working closely with various teams, strong communication skills are essential. Practice articulating complex ideas clearly and concisely, and be prepared to discuss how you would collaborate with IT and Underwriting teams to achieve common goals.