At a Glance
- Tasks: Design and enhance pricing models for Marine & Cargo, collaborating with underwriters.
- Company: Join a leading Lloyd's market insurer with a strong actuarial team.
- Benefits: Competitive salary, career growth, and the chance to influence strategic decisions.
- Other info: Opportunity to work closely with senior stakeholders and contribute to business planning.
- Why this job: Make a real impact on pricing strategies and portfolio performance in a dynamic environment.
- Qualifications: FIA qualification, experience in Marine & Cargo pricing, and strong technical skills.
The predicted salary is between 72000 - 88000 £ per year.
Arthur is delighted to be supporting one of the leading Lloyd's market insurers who are seeking an experienced pricing actuary to join a growing Marine & Cargo team, supporting This role is focused on developing pricing capability across the Marine & Cargo portfolio, working closely with underwriters to improve pricing sophistication, portfolio performance and risk selection.
You'll play a key role in designing and enhancing pricing models, supporting underwriting decisions and contributing to wider portfolio optimisation and capital allocation initiatives.
The role offers broad exposure across underwriting, exposure management, capital and reserving, making it well suited to someone who enjoys working closely with the business.
Key Responsibilities
- Design, develop and maintain pricing models across the Marine & Cargo portfolio.
- Partner with underwriters to understand products, define rating structures and develop practical pricing tools.
- Identify and utilise internal and external data sources to improve pricing accuracy.
- Develop and maintain pricing templates and models for underwriting teams.
- Support the implementation and ongoing development of pricing software and tools.
- Work closely with Exposure Management to monitor portfolio accumulations and catastrophe exposures.
- Help develop the business's view of risk across both modelled and non-modelled perils.
- Act as the subject matter expert for pricing models, providing technical support and enhancing tools where required.
- Monitor pricing performance through metrics such as pricing adequacy and risk-adjusted returns, identifying opportunities for improvement.
Develop management information to highlight portfolio trends and underperforming segments.
- Contribute to portfolio optimisation, business planning and capital allocation initiatives.
- Work collaboratively across pricing, reserving and capital to ensure a consistent view of portfolio performance.
- Support regulatory requirements relating to pricing where required.
About You
- FIA qualification (or equivalent).
- Experience pricing Commercial Marine & Cargo business, ideally within the Lloyd's or London Market.
- Strong technical skills, including Python, R and/or SQL.
- Experience with HX pricing software would be beneficial but isn't essential.
- Previous experience managing or mentoring others would be an advantage.
- The ability to build strong relationships with underwriters and communicate technical concepts clearly.
- A commercial mindset with an interest in improving portfolio performance through better pricing and analytics.
Why This Role?
This is an opportunity to join a well-established actuarial function in a role with genuine influence across the underwriting business.
You'll work closely with senior stakeholders, contribute to strategic portfolio decisions and play an important part in the continued development of pricing capability across the Marine & Cargo portfolio.
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Lead Actuary - Marine & Cargo in London employer: Arthur Financial
Join a forward-thinking company that values innovation and collaboration, offering a dynamic work environment where your contributions as a Senior Portfolio Actuary will directly influence strategic decisions and portfolio performance. With a strong emphasis on professional development, you will have ample opportunities to grow alongside a new team that is set to expand in both scope and impact, all while enjoying a supportive culture that prioritises employee engagement and stakeholder collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Actuary - Marine & Cargo in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Arthur Financial. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Lead Actuary - Marine & Cargo in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Arthur Financial.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Arthur Financial's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Arthur Financial
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Arthur Financial.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Arthur Financial will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Arthur Financial employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
