At a Glance
- Tasks: Join a collaborative team to analyse and model data for home insurance pricing.
- Company: Award-winning boutique insurer focused on technology and innovation.
- Benefits: Excellent salary package, flexible working, and strong career growth support.
- Other info: Exciting opportunity to work with retail pricing experts and enhance your analytical skills.
- Why this job: Make a real impact in the insurance industry with data-driven projects.
- Qualifications: Background in actuarial science, risk pricing, or data science with SQL/SAS skills.
The predicted salary is between 60000 - 75000 £ per year.
Star Actuarial has an exclusive mandate from a technology-driven and award-winning boutique insurer to source a data-savvy pricing analyst to join its technical modelling team in a highly collaborative role. Supporting the design and build of risk price projects for home insurance, you will play a key role in data extraction, analysis and modelling across the portfolio of retail products/perils. You will also have the chance to liaise with the wider commercial team, working alongside retail pricing experts, data science and product deployment. As part of pre-deployment analysis, you will additionally support management with the analysis of rate impact calculations.
Coming from an actuarial science, risk pricing or data science background, the successful candidate will possess strong pricing analytical skills within Personal Lines risk pricing. SQL/SAS data extraction and analytical expertise is similarly essential while a working knowledge of Akur8/Emblem/similar (as well as experience of open-source R/Python coding) would be highly beneficial. This is an exciting role offering a high level of support for career growth, flexible working and truly meaningful work.
STAR EXCLUSIVE - Technical insurance pricing and data-driven opportunity offering a high level [...] employer: Actuarial Futures
Actuarial Futures is an excellent employer, offering a dynamic work environment in London that promotes hybrid working and a strong focus on employee development. With a commitment to professionalism and fostering positive relationships, employees benefit from opportunities for growth within the pensions sector, alongside a supportive culture that values communication and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land STAR EXCLUSIVE - Technical insurance pricing and data-driven opportunity offering a high level [...]
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Actuarial Futures). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Actuarial Futures. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace STAR EXCLUSIVE - Technical insurance pricing and data-driven opportunity offering a high level [...]
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Actuarial Futures.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Actuarial Futures. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Actuarial Futures
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Actuarial Futures to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Actuarial Futures, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Actuarial Futures's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
