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- Tasks: Lead pricing for various business lines and develop innovative pricing models.
- Company: Join a collaborative company that inspires progress and innovation.
- Benefits: Access to study days, career development resources, and excellent benefits.
- Other info: Great opportunity for career growth and to communicate with global teams.
- Why this job: Solve complex problems and work with talented colleagues in a dynamic environment.
- Qualifications: Experience in London Market pricing and proficiency in Excel; SQL/Python skills are a plus.
The predicted salary is between 50000 - 60000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibilityâ„ .
Arch are recruiting for a Senior Actuarial Analyst with experience in London Market pricing to join the Pricing team. The role will support the Pricing function in a number of key areas:
- Take responsibility for the day to day pricing for several lines of business.
- The development and maintenance of pricing models (including the transition of pricing models from Excel to HX Renew where necessary). As part of the initiative to transition from Excel models to online platforms, experience in HX Renew and EASA are required.
- Large account analysis and pricing: Use sophisticated actuarial techniques to assess the pricing adequacy of large account opportunities and communicate results and key drivers to underwriters and senior management. Communication is a key part of this role.
- Portfolio Management: Develop reports and analysis to monitor the performance of segments within Arch’s London Market insurance business and communicate key findings to underwriters and senior management.
- Exposure to other functions including Reserving and Planning will be expected.
- Be a key communication channel with our actuarial team in Manila.
The candidate must:
- Have several years of experience in London Market pricing.
- Have technical proficiency in Excel, with proficiency in SQL, Python and/or HX Renew an advantage.
- Be undertaking an Actuarial qualification.
- Be a problem solver, be inquisitive and work well both independently and as part of a team.
- Be personable and able to communicate at all levels within the organisation.
As well as developing your technical knowledge, we will provide you access to excellent benefits as part of your career development e.g. study days to focus on your qualification with a range of study materials.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.
Senior Actuarial Analyst employer: Arch Capital Group
Contact Detail:
Arch Capital Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at Arch. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your experience with London Market pricing and any technical skills you have. Bring examples of your work or projects that showcase your problem-solving abilities and innovative mindset.
✨Ace the Interview
Prepare for your interviews by practising common actuarial questions and thinking about how you can demonstrate your communication skills. Remember, it’s not just about what you know, but how you convey that knowledge to others!
✨Stay Engaged with Arch
If this role isn’t quite right for you, don’t sweat it! Create a job alert on our website and stay connected with Arch’s Talent Acquisition team. They’ll keep you in the loop about future openings that match your skills and interests.
We think you need these skills to ace Senior Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your London Market pricing experience and any relevant technical proficiencies like SQL or Python. We want to see how you fit into our culture of collaboration and innovation!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit for our team. Don’t forget to mention your problem-solving skills and ability to communicate effectively, as these are key for us.
Showcase Your Achievements: When detailing your past roles, focus on specific achievements rather than just duties. Use numbers and examples to illustrate how you've contributed to previous teams, especially in areas like pricing models or portfolio management. We love seeing results!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you can easily create a job alert to stay updated on future opportunities with us!
How to prepare for a job interview at Arch Capital Group
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll need to demonstrate your expertise in pricing models. Brush up on your knowledge of London Market pricing and be ready to discuss specific examples from your experience. Prepare to explain how you've used sophisticated actuarial techniques in past roles.
✨Showcase Your Technical Skills
Make sure you highlight your technical proficiency in Excel, SQL, and Python during the interview. If you have experience with HX Renew, be prepared to discuss how you've transitioned models from Excel to online platforms. This will show that you're not just familiar with the tools, but that you can effectively apply them.
✨Communicate Clearly
Communication is key in this role, so practice articulating complex ideas simply and clearly. Think about how you would explain your findings to underwriters or senior management. Use examples from your previous roles where you successfully communicated key drivers and results.
✨Be a Team Player
Since collaboration is part of the company culture, be ready to discuss how you've worked effectively within teams in the past. Share examples of how you've contributed to team success and how you handle feedback. This will show that you can thrive in a collaborative environment.