At a Glance
- Tasks: Support pricing reviews and collaborate with underwriters on various insurance lines.
- Company: Join a leading firm in the insurance industry, known for innovation and excellence.
- Benefits: Enjoy flexible working options, competitive salary, and professional development opportunities.
- Why this job: Be part of a dynamic team that values your input and fosters growth in a global market.
- Qualifications: 3-5 years of actuarial experience, preferably in London Market Pricing, with strong analytical skills.
- Other info: Opportunity to work with diverse teams across Europe and Asia, enhancing your global perspective.
The predicted salary is between 48000 - 72000 £ per year.
Responsibilities
- Support actuarial pricing reviews across all lines of insurance under moderate supervision.
- Handle lines of business written from the European offices and through Lloyd\’s, including property, casualty, professional lines, medical malpractice, marine, and onshore construction.
- Research and update various pricing parameters used within our pricing models, such as increased limits factors, loss trend factors, and underlying loss costs per unit of exposure.
- Perform annual portfolio reviews across all classes of business written through Europe, Asia, and the Lloyd\’s Syndicate.
- Collaborate closely with underwriters on individual account pricing to improve usability and accuracy of the pricing models.
- Assist in building and maintaining pricing models in Excel and Rulebook.
- Perform any other duties as assigned by the manager.
Qualifications
Education, Skills, and Experience:
The successful applicant will preferably have:
- 3 – 5 years of experience as an actuary, preferably in London Market Pricing insurance or reinsurance.
- Partly to nearly/newly qualified as a Fellow for the IFoA or another well-established actuarial organization.
- Bachelor\’s degree in mathematics, statistics, or a related field.
- Proficiency with Excel.
- Experience using Rulebook, SAS, R, VBA, and GLM modeling would be beneficial.
- Strong analytical and communication skills.
- Ability to learn quickly.
- Strong ethics and integrity.
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Senior Actuarial Pricing Analyst employer: Allied World Assurance Company Holdings, Ltd
Contact Detail:
Allied World Assurance Company Holdings, Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Pricing Analyst
✨Tip Number 1
Familiarise yourself with the specific lines of insurance mentioned in the job description, such as property and casualty. Understanding these areas will help you engage in meaningful conversations during interviews and demonstrate your knowledge of the industry.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who work in London Market Pricing. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the role and company culture.
✨Tip Number 3
Brush up on your Excel skills, particularly in building and maintaining pricing models. Consider taking an online course or working on personal projects that involve data analysis to showcase your proficiency during discussions.
✨Tip Number 4
Prepare to discuss your experience with tools like Rulebook, SAS, R, and VBA. Be ready to provide examples of how you've used these tools in past roles, as this will highlight your technical capabilities and fit for the position.
We think you need these skills to ace Senior Actuarial Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial pricing, especially within the London Market. Emphasise your proficiency with Excel and any experience with Rulebook, SAS, R, VBA, or GLM modelling.
Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Senior Actuarial Pricing Analyst position. Mention specific experiences that demonstrate your analytical skills and ability to collaborate with underwriters.
Highlight Relevant Qualifications: Clearly state your educational background, including your degree in mathematics or statistics, and mention your progress towards becoming a Fellow of the IFoA or another actuarial organisation.
Showcase Your Analytical Skills: Provide examples of how you've successfully handled pricing reviews or portfolio analyses in previous roles. Use metrics or outcomes to illustrate your impact on pricing models and decision-making.
How to prepare for a job interview at Allied World Assurance Company Holdings, Ltd
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in Excel and any experience with Rulebook, SAS, R, VBA, or GLM modelling. Be prepared to discuss specific projects where you utilised these tools, as this will demonstrate your technical capabilities.
✨Understand the Business Lines
Familiarise yourself with the various lines of insurance mentioned in the job description, such as property, casualty, and marine. Being able to discuss how pricing strategies differ across these sectors will show your depth of knowledge and interest in the role.
✨Prepare for Portfolio Review Discussions
Since performing annual portfolio reviews is a key responsibility, think about your past experiences with portfolio analysis. Be ready to explain your approach to reviewing portfolios and how you would apply that to the company's needs.
✨Demonstrate Collaboration Skills
The role involves working closely with underwriters, so be prepared to discuss examples of how you've successfully collaborated with others in previous roles. Highlight your communication skills and ability to work as part of a team.