Pricing Actuary

Pricing Actuary

Full-Time 50000 - 70000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Develop pricing tools and collaborate with underwriting teams to enhance decision-making.
  • Company: Join Antares, a collaborative and inclusive organisation that values every voice.
  • Benefits: Continuous learning opportunities, supportive culture, and a chance to shape the future.
  • Other info: Empowerment, collaboration, and innovation are at the heart of our culture.
  • Why this job: Make a real impact in a dynamic environment while growing your actuarial skills.
  • Qualifications: 2:1 in a numerate degree and qualified actuary in the UK, US or Europe.

The predicted salary is between 50000 - 70000 £ per year.

At Antares, our success starts with our people. We’re a collaborative and an inclusive organisation where every voice is valued, and every individual can grow and thrive. We combine deep expertise with a supportive culture to deliver outstanding results for our clients and a fulfilling experience for our colleagues. Whatever stage of your career you’ll find a place to belong, contribute, develop and we’d love to hear from you.

Key Accountabilities
  • Contribute to and take responsibility for the development of some segments of pricing and rating tools.
  • Develop strong working relationships with underwriting teams to develop the use of technical pricing in decision making across the business.
  • Production of case pricing as an essential support for Underwriters.
  • Assist with the development and implementation of pricing controls and systems of governance, focusing on enhancing quality and qualify of pricing data capture.
  • Support the Lead Pricing Actuary in ensuring consistency of assumptions across the department.
  • Contribute to multi-disciplinary projects.
  • Assist with the training and development of the Actuarial students in pricing techniques.
  • Takes responsibility for own and colleagues’ Health & Safety at all times.
  • To ensure customers are treated fairly at all times, in accordance with the Conduct Risk Policy and other relevant policies and procedures.
  • GDPR, ensuring that the business complies with these requirements.
  • To avoid breaches and to report them to the Data Protection Officer when they occur regardless of whether electronic or on paper.
Knowledge & Qualifications
  • 2:1 in a numerate degree.
  • Qualified actuary in the UK, US or Europe.
Skills & Demonstrable Experience
  • Experience in pricing treaty reinsurance business.
Software / Programming Skills
  • Advanced Excel (essential).
  • Experience in using a programming language e.g. VBA, R, Python or SQL (very desirable).
Technical Actuarial / Statistical Skills
  • Knowledge of actuarial techniques for pricing primary, risk & aggregate excess of loss insurance.
  • Knowledge of actuarial techniques for pricing proportional and excess of loss reinsurance products.
  • Familiarity of simulation techniques used for pricing loss sensitive product features.
  • Familiarity with jargon and practices in London Market and UK Commercial Lines Insurance and Reinsurance.
  • An understanding of actuarial techniques used in reserving property and casualty insurance and treaty reinsurance.
  • A good understanding on how pricing work is used by non-pricing actuaries, underwriters and management.
Communication Skills
  • Ability to communicate statistical and actuarial output to underwriters and management.

At Antares, we empower our talented team members through active involvement and collaboration, driving strategic and business goals whilst delivering exceptional services to our customers and partners. Our unique organisational structure fosters unparalleled sharing of information, knowledge and expertise, creating a vibrant and innovative working environment. Our culture of excellence is fuelled by continuous learning and development opportunities across all areas of our international operations. We believe in nurturing your potential and helping you grow with us.

Empowerment: Be a part of decision-making processes that shape our future.
Collaboration: Work with a diverse team of experts who share their knowledge and insights.
Growth: Access to continuous learning and development programs to enhance your skills.
Innovation: Thrive in an environment that encourages creativity and forward-thinking.

Join us and be a part of a team that values your contributions and supports your professional journey. Together, we can achieve greatness!

Pricing Actuary employer: Antares Global Management Limited

At Antares, we pride ourselves on being a collaborative and inclusive employer that values every voice and fosters individual growth. Our supportive culture, combined with continuous learning opportunities and a commitment to innovation, makes us an excellent place for Pricing Actuaries to thrive and contribute meaningfully to our clients and the wider team. Join us in a vibrant environment where your expertise is valued and your professional journey is nurtured.

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Contact Details:

Antares Global Management Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pricing Actuary

Tip Number 1

Network like a pro! Reach out to current or former employees at Antares on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

Tip Number 2

Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss pricing techniques and how they apply to reinsurance. We want to see that you know your stuff!

Tip Number 3

Show off your collaborative spirit! During interviews, share examples of how you've worked with teams in the past. Antares values teamwork, so let them know you're all about that.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the Antares team.

We think you need these skills to ace Pricing Actuary

Pricing Techniques
Statistical Analysis
Advanced Excel
VBA
R
Python
SQL

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Pricing Actuary role. Highlight your experience in pricing treaty reinsurance and any relevant software skills like Excel or programming languages.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about this role and how you can contribute to our team. Mention specific projects or experiences that showcase your actuarial expertise and collaborative spirit.

Showcase Your Communication Skills:Since communication is key in this role, make sure to demonstrate your ability to convey complex actuarial concepts clearly. Use examples from your past experiences where you successfully communicated with non-technical stakeholders.

Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. This way, we can ensure your application gets the attention it deserves and you can easily track its progress.

How to prepare for a job interview at Antares Global Management Limited

Know Your Numbers

As a Pricing Actuary, you'll need to demonstrate your numerical prowess. Brush up on your actuarial techniques and be ready to discuss how you've applied them in previous roles. Be prepared to explain complex concepts in simple terms, as communication is key!

Showcase Your Software Skills

Make sure you're comfortable with advanced Excel and any programming languages mentioned in the job description, like VBA, R, Python, or SQL. Bring examples of how you've used these tools in past projects to enhance your pricing strategies.

Build Relationships

Antares values collaboration, so think about how you can demonstrate your ability to build strong working relationships. Prepare examples of how you've worked with underwriting teams or contributed to multi-disciplinary projects in the past.

Understand the Culture

Familiarise yourself with Antares' culture of empowerment, collaboration, and growth. Be ready to discuss how you align with these values and how you can contribute to their supportive environment. Show that you're not just looking for a job, but a place to grow and thrive!