At a Glance
- Tasks: Lead pricing for diverse portfolio solutions and support underwriters in developing profitable strategies.
- Company: Join Talbot Underwriting, a global leader in the Lloyd’s Insurance Market.
- Benefits: Comprehensive benefits package focused on health, wellbeing, and professional development.
- Other info: Dynamic environment with opportunities for career growth and development.
- Why this job: Make a real impact in a key role supporting strategic initiatives and networking with senior stakeholders.
- Qualifications: Qualified actuary with pricing experience and strong analytical skills.
The predicted salary is between 60000 - 80000 € per year.
Join us as a Portfolio Solutions Pricing Actuary to take your career to the next level with a global market leader.
About Talbot Underwriting
Talbot operates within the Lloyd’s Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients’ evolving and often unique needs. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore.
How You Will Create An Impact
This is a fantastic role for a qualified actuary to join our team. You will lead the pricing of our Portfolio solutions division. You will have the opportunity to network with senior stakeholders across the business. The role will cover multiple classes and is a key role supporting Talbot’s strategic initiative.
Key Responsibilities
- Work across opportunities that cover multi line propositions and support Underwriters to develop more profitable portfolios through:
- Pricing assessment of existing and new portfolio opportunities
- Regular monitoring of portfolio
- Assist in the collection and research of pricing data, and then in the development of analysis and reporting of pricing data.
- Evolve pricing standards as per market requirements (e.g., Lloyds BPPF, consistency with AIG).
- Drive and embed pricing governance within the team (developing clear audit trails, setting governance priorities).
- Introduce new profitability studies which define how the team approaches planning going forwards for this segment.
- Lead the business planning of the division and assist in parameterising the capital model.
What You’ll Need To Succeed
- Numerical degree
- Qualified Actuary
- Pricing experience within General Insurance
- Multiclass experience preferred
- Data manipulation and technical modelling skills
- Coding experience desirable
- Strong analytical skills
- Strong communicator
- Strong organisational skills with excellent attention to detail
Benefits
At AIG, we have a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security, alongside professional development opportunities. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.
Portfolio Solutions Pricing Actuary in London employer: AIG
Talbot Underwriting is an exceptional employer, offering a dynamic work environment in the heart of London, where you can thrive as a Portfolio Solutions Pricing Actuary. With a strong commitment to employee growth and a comprehensive benefits package that prioritises health, wellbeing, and professional development, Talbot fosters a culture of collaboration and innovation. Join a globally recognised leader in the insurance industry, where your contributions will directly impact strategic initiatives and help shape the future of tailored insurance solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Solutions Pricing Actuary in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to current employees at Talbot. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your pricing experience and analytical skills. Use real examples from your past work to demonstrate how you can add value to their team.
✨Prepare for the Interview
Do your homework on Talbot and the insurance market. Understand their portfolio and be ready to discuss how your background as a qualified actuary fits into their strategic initiatives. Confidence is key!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining the team.
We think you need these skills to ace Portfolio Solutions Pricing Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Portfolio Solutions Pricing Actuary role. Highlight your pricing experience and any relevant projects you've worked on, as we want to see how you can contribute to our team.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you a perfect fit. Be sure to mention your analytical skills and any coding experience you have, as these are key for us.
Showcase Your Achievements:When detailing your past roles, focus on specific achievements rather than just duties. We love to see quantifiable results, so if you've improved pricing strategies or enhanced profitability, let us know!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're keen on joining our team at Talbot!
How to prepare for a job interview at AIG
✨Know Your Numbers
As a Portfolio Solutions Pricing Actuary, you'll be dealing with complex data and pricing models. Brush up on your numerical skills and be ready to discuss specific examples of how you've used data analysis in previous roles. This will show your potential employer that you can handle the technical demands of the job.
✨Understand the Market
Familiarise yourself with the Lloyd’s Insurance Market and Talbot's unique position within it. Research their portfolio offerings and recent developments in the industry. Being able to speak knowledgeably about market trends and how they impact pricing strategies will impress your interviewers.
✨Showcase Your Communication Skills
Strong communication is key in this role, especially when liaising with underwriters and senior stakeholders. Prepare to demonstrate how you've effectively communicated complex information in the past. Consider using the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Prepare for Technical Questions
Expect to face technical questions related to pricing assessment and data manipulation. Review common actuarial concepts and be ready to explain your thought process in tackling pricing challenges. Practising with mock interviews can help you articulate your expertise confidently.
