At a Glance
- Tasks: Lead pricing activities and provide actuarial insights for a top Lloyd's Syndicate.
- Company: Join a leading Lloyd's Syndicate known for its innovative approach in reinsurance.
- Benefits: Enjoy a competitive salary and the opportunity to work in a dynamic environment.
- Why this job: Make a real impact in key business areas like property treaty and cyber insurance.
- Qualifications: Strong reinsurance pricing experience in a Lloyd's or specialty insurance setting required.
- Other info: Ideal for those looking to advance their career in a senior, strategic role.
The predicted salary is between 54000 - 84000 £ 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, webinars, or local meetups to connect with people who work at Lloyd's or similar organisations. This can help you gain insights into the company culture and potentially get referrals.
✨Tip Number 2
Stay updated on current trends in reinsurance pricing, especially in key areas like property treaty, renewable energy, and cyber. Follow relevant publications and join online forums to engage in discussions that showcase your knowledge and passion for the field.
✨Tip Number 3
Prepare to demonstrate your ability to communicate complex actuarial concepts clearly. Practice presenting your ideas to friends or colleagues, focusing on how you would explain your pricing views to senior stakeholders in a confident and calm manner.
✨Tip Number 4
Highlight your collaborative mindset by sharing examples of successful partnerships with underwriters or other teams in your previous roles. Be ready to discuss how you’ve contributed to negotiations and renewals, showcasing your interpersonal skills.
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 of a Reinsurance Pricing Actuary. Familiarise yourself with key lines of business like property treaty, renewable energy, and cyber to tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise your strong track record in reinsurance pricing, particularly within a Lloyd’s or specialty insurance environment. Use specific examples to demonstrate your expertise.
Showcase Communication Skills: Since the role requires clear communication with stakeholders, include instances where you've successfully presented and defended pricing views. This will show your ability to engage confidently with senior stakeholders.
Tailor Your Application: Customise your application to reflect the company's values and the specific requirements of the role. Mention your collaborative mindset and interpersonal skills, as these are crucial for partnering with underwriters.
How to prepare for a job interview at Acumen Group
✨Showcase Your Technical Expertise
As a Reinsurance Pricing Actuary, it's crucial to demonstrate your strong track record in reinsurance pricing. Be prepared to discuss specific examples of your previous work and how it has influenced underwriting strategies.
✨Communicate with Confidence
You’ll need to present and defend your pricing views to senior stakeholders. Practice articulating your thoughts clearly and confidently, ensuring you can explain complex concepts in a way that is easy to understand.
✨Demonstrate Collaboration Skills
This role requires partnering with underwriters on renewals and negotiations. Highlight your collaborative mindset by sharing experiences where you successfully worked with others to achieve common goals.
✨Prepare for Pressure Situations
Being resilient under pressure is key in this position. Think of scenarios where you had to stand by your well-reasoned opinions despite challenges, and be ready to discuss how you handled those situations.