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- 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: Proven experience in reinsurance pricing within a Lloyd's or specialty insurance setting.
- Other info: Ideal for those looking to elevate their career in a strategic role.
The predicted salary is between 72000 - 108000 £ per year.
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
Seniority level
Mid‑Senior level
Employment type
Full‑time
Job function
Consulting
Industries
Insurance
Greater London, England, United Kingdom
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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 Syndicates 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. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Practice your presentation skills, as you'll need to confidently present and defend your pricing views to senior stakeholders. Consider joining a local Toastmasters club or similar group to enhance your public speaking abilities.
✨Tip Number 4
Familiarise yourself with the specific underwriting strategies of the Lloyd's market. Understanding how pricing decisions impact overall business strategy will allow you to engage more effectively with underwriters during negotiations.
We think you need these skills to ace Reinsurance Pricing Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in reinsurance pricing, particularly within a Lloyd's or specialty insurance environment. Emphasise any relevant projects or achievements that demonstrate your technical and strategic influence.
Craft a Compelling Cover Letter: In your cover letter, clearly articulate why you are interested in the Reinsurance Pricing Actuary position. Mention specific lines of business you have experience with, such as property treaty or cyber, and how your skills align with the company's needs.
Showcase Communication Skills: Since the role requires clear communication with stakeholders, provide examples in your application of how you've successfully presented and defended pricing views in previous roles. This will demonstrate your ability to engage with senior stakeholders confidently.
Highlight Collaborative Experience: Given the importance of partnering with underwriters, include instances where you've worked collaboratively in teams. Showcase your interpersonal skills and how they contributed to successful negotiations or renewals.
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, particularly in property treaty, renewable energy, and cyber lines of business.
✨Prepare for Stakeholder Engagement
Since you'll be presenting and defending pricing views to senior stakeholders, practice articulating your thoughts clearly and confidently. Anticipate questions they might ask and prepare well-reasoned responses to showcase your analytical skills.
✨Emphasise Collaboration Skills
Highlight your ability to work closely with underwriters and portfolio management teams. Share examples of how you've successfully partnered with others in the past, especially during renewals and negotiations, to illustrate your collaborative mindset.
✨Demonstrate Resilience Under Pressure
In this senior position, you may face challenging situations. Be ready to discuss how you've handled pressure in previous roles, standing by your opinions while remaining calm and composed. This will show your potential employer that you can thrive in a high-stakes environment.
