At a Glance
- Tasks: Lead pricing for various business lines and develop innovative pricing models.
- Company: Join a collaborative and innovative insurance company focused on progress.
- Benefits: Access to study days, career development resources, and competitive benefits.
- Other info: Dynamic role with opportunities for communication and collaboration across teams.
- Why this job: Make a real impact in the London Market with your actuarial expertise.
- Qualifications: Experience in London Market pricing and proficiency in Excel; SQL/Python is a plus.
The predicted salary is between 60000 - 75000 € 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.
Arch is 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 is 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.
Senior Actuarial Analyst employer: Arch Insurance (UK) Limited
At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Senior Actuarial Analyst in the vibrant London Market, you will benefit from comprehensive career development opportunities, including dedicated study days and access to a wealth of resources to support your actuarial qualifications. Join us to be part of a dynamic team where your contributions are valued and your professional growth is a priority.
Contact Detail:
Arch Insurance (UK) Limited Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuarial Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at Arch or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves pricing models and actuarial techniques, be ready to discuss your experience with Excel, SQL, and HX Renew. Show us you know your stuff!
✨Tip Number 3
Don’t underestimate the power of communication! Practice explaining complex actuarial concepts in simple terms. This will help you connect with underwriters and senior management during interviews.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Arch. Let’s make it happen!
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 skills and experience mentioned in the job description. Highlight your London Market pricing experience and any relevant technical skills like SQL or Python. We want to see how you fit into our collaborative culture!
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 aligns with our goals at Arch. Don’t forget to mention your problem-solving skills and ability to communicate effectively.
Showcase Your Technical Skills:Since this role involves developing pricing models, be sure to mention your proficiency in Excel and any experience with HX Renew. If you've worked on transitioning models to online platforms, we want to hear about it!
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, it shows you’re keen on joining our team!
How to prepare for a job interview at Arch Insurance (UK) Limited
✨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 of how you've used sophisticated actuarial techniques in the past. This will show that you can hit the ground running.
✨Showcase Your Technical Skills
Make sure you're comfortable discussing your technical proficiency in Excel, SQL, Python, and HX Renew. Prepare to explain how you've used these tools in your previous roles, especially in transitioning pricing models from Excel to online platforms. This will highlight your adaptability and technical prowess.
✨Communicate Clearly
Communication is key in this role, so practice articulating complex actuarial concepts in a way that's easy to understand. Think about how you would explain your findings to underwriters or senior management. Being personable and able to connect with others will set you apart.
✨Prepare for Portfolio Management Discussions
Familiarise yourself with portfolio management and be ready to discuss how you've monitored performance in previous roles. Bring examples of reports or analyses you've developed and be prepared to talk about the insights you gained and how you communicated those to stakeholders.
