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For Companies At a Glance
- Tasks: Support pricing across various insurance and reinsurance lines while collaborating with key teams.
- Company: Dynamic speciality insurance and reinsurance company focused on growth.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Join a team where your analytical skills can shape pricing strategies and impact the business.
- Qualifications: Nearly/Newly Qualified Actuary with experience in case pricing and strong Excel skills.
- Other info: Exciting opportunity to work in the Lloyd's or London Market.
The predicted salary is between 36000 - 60000 £ per year.
Arthur is delighted to be collaborating with a speciality insurance and reinsurance company who, due to additional headcount and growth, are seeking a Pricing Actuary to join their pricing function. This position offers the opportunity to support pricing activity across multiple lines of business while collaborating closely with underwriting and other core functions.
Responsibilities
- Deliver support for individual risks across various business lines, including both insurance and reinsurance products.
- Develop and maintain pricing models to support underwriting decisions.
- Profitability reviews and portfolio analysis to inform strategy.
- Partner with underwriters in line with commercial needs.
- Contribute to the development of pricing frameworks, including new methodologies and tools as required by the business.
- Collaborate with teams across Actuarial Reserving, Risk, Claims and Finance.
Requirements
- Nearly/Newly Qualified Actuary (FIA or equivalent), with significant experience in case pricing.
- Strong background in actuarial pricing within the general insurance or reinsurance sector.
- Lloyd's or London Market is highly desirable.
- Skilled in Excel; R or Python is advantageous.
- Confident communicator with strong analytical skills.
Right to Work
Candidates must have the right to work in the UK. Unfortunately, visa sponsorship is not available for this position.
Pricing Actuary in London employer: Arthur Financial
Contact Detail:
Arthur Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary in London
✨Tip Number 1
Networking is key! Reach out to professionals in the insurance and reinsurance sectors, especially those who work as actuaries. Attend industry events or webinars to make connections and learn about potential job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since you'll be working with pricing models and tools like Excel, R, or Python, make sure you can confidently discuss your experience and demonstrate your analytical abilities.
✨Tip Number 3
Showcase your collaboration skills! As a Pricing Actuary, you'll need to work closely with underwriters and other teams. Be ready to share examples of how you've successfully partnered with others in past roles during your interviews.
✨Tip Number 4
Don't forget to apply through our website! We often have exclusive listings and resources that can help you land that Pricing Actuary role. Plus, it shows you're genuinely interested in joining our team.
We think you need these skills to ace Pricing Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in actuarial pricing, especially within the general insurance or reinsurance sector. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Pricing Actuary position. Mention your experience with pricing models and how you’ve collaborated with underwriters in the past. We love a good story!
Show Off Your Skills: Don’t forget to mention your technical skills, especially in Excel, R, or Python. If you’ve developed any pricing frameworks or methodologies, let us know! We’re keen to see how you can contribute to our team.
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’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Arthur Financial
✨Know Your Numbers
As a Pricing Actuary, you'll need to demonstrate your strong analytical skills. Brush up on your pricing models and be ready to discuss how you've used them in past roles. Prepare examples that showcase your experience with profitability reviews and portfolio analysis.
✨Familiarise Yourself with the Market
Since experience in the Lloyd's or London Market is highly desirable, make sure you understand the nuances of these markets. Research recent trends and challenges in the industry, and be prepared to discuss how they might impact pricing strategies.
✨Collaborate Like a Pro
This role involves working closely with underwriters and other teams. Think about times when you've successfully collaborated across functions. Be ready to share specific examples that highlight your communication skills and ability to partner effectively with others.
✨Show Off Your Tech Skills
Being skilled in Excel is a must, but if you have experience with R or Python, make sure to mention it! Prepare to discuss how you've used these tools in your previous work, especially in developing pricing frameworks or methodologies.
