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For Companies At a Glance
- Tasks: Lead pricing activities and provide actuarial insights for a top Lloyds Syndicate.
- Company: Join a leading Lloyds Syndicate known for its innovative approach in reinsurance.
- Benefits: Enjoy a competitive salary and the chance to work on high-profile projects.
- Why this job: Make a real impact in a dynamic environment while collaborating with industry experts.
- Qualifications: Experience in reinsurance pricing and strong communication skills are essential.
- Other info: This is a senior role with strategic influence across the business.
The predicted salary is between 72000 - 108000 £ per year.
Job Description
Reinsurance Pricing Actuary – London based – Competitive Salary
I am currently seeking an experienced reinsurance pricing actuary to take responsibility for a high-profile division within its pricing function for a leading Lloyds Syndicate. This is a senior position with both technical and strategic influence, working closely with underwriting and portfolio management teams across the business.
You’ll focus on key lines of business such as property treaty, renewable energy, and cyber.
Key Responsibilities:
- Lead divisional pricing activity and provide actuarial insight to support underwriting strategy
- Present and defend pricing views with confidence to senior stakeholders
- Partner with underwriters on renewals and negotiations
Experience
- Strong track record in reinsurance pricing within a Lloyd’s or specialty insurance environment
- Ability to communicate clearly, confidently, and calmly with stakeholders at all levels
- Resilient under pressure and able to stand by well-reasoned opinions
- Collaborative mindset and strong interpersonal skills
- Nice to have: business planning experience
If you are considering on making a move this role may be for you!
📩Leah.lanigan@acumengroup.com
Reinsurance Pricing Actuary employer: Acumen Group
Contact Detail:
Acumen Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Pricing Actuary
✨Tip Number 1
Network with professionals in the reinsurance and actuarial fields. Attend industry events or webinars where you can meet people who work at Lloyd's or similar organisations. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 2
Stay updated on current trends in reinsurance pricing, especially in key areas like property treaty, renewable energy, and cyber. Being knowledgeable about recent developments will help you engage in meaningful conversations with stakeholders during interviews.
✨Tip Number 3
Prepare to discuss your previous experiences in detail, particularly how you've successfully led pricing activities and collaborated with underwriters. Use specific examples that highlight your strategic influence and ability to communicate effectively under pressure.
✨Tip Number 4
Research the company culture of the Lloyd's Syndicate you're applying to. Understanding their values and how they approach teamwork can help you tailor your discussions and demonstrate that you're a good fit for their environment.
We think you need these skills to ace Reinsurance Pricing Actuary
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Reinsurance Pricing Actuary position. Familiarise yourself with key lines of business such as property treaty, renewable energy, and cyber.
Tailor Your CV: Highlight your relevant experience in reinsurance pricing, particularly within a Lloyd's or specialty insurance environment. Emphasise your ability to communicate effectively with stakeholders and your collaborative mindset.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your skills align with the company's needs. Mention specific examples of your past achievements in pricing and stakeholder engagement.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Acumen Group
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what a Reinsurance Pricing Actuary does. Familiarise yourself with key lines of business like property treaty, renewable energy, and cyber. This will help you speak confidently about how your experience aligns with the role.
✨Prepare for Technical Questions
Expect to be asked about your technical skills in reinsurance pricing. Brush up on relevant actuarial methodologies and be ready to discuss your past experiences in detail. Being able to articulate your thought process will impress the interviewers.
✨Showcase Your Communication Skills
Since the role involves presenting and defending pricing views to senior stakeholders, practice articulating your ideas clearly and confidently. Use examples from your previous roles where you successfully communicated complex information to non-technical audiences.
✨Demonstrate Collaboration
Highlight your ability to work collaboratively with underwriters and other teams. Prepare examples that showcase your interpersonal skills and how you've contributed to successful negotiations or renewals in the past.
