At a Glance
- Tasks: Support treaty reinsurance pricing and enhance pricing tools for better decision-making.
- Company: Well-established global (re)insurer in the London Market.
- Benefits: Competitive salary, professional development, and strong career growth opportunities.
- Other info: Collaborative environment with exposure to senior stakeholders and innovative projects.
- Why this job: Play a key role in shaping pricing strategies and driving business profitability.
- Qualifications: Qualified Actuary with experience in treaty reinsurance pricing and strong Excel skills.
The predicted salary is between 60000 - 80000 £ per year.
Arthur is currently partnering with a well-established global (re)insurer in the London Market to appoint a Pricing Actuary into their actuarial pricing function. The role will report into the Lead Pricing Actuary and presents a strong opportunity for a qualified actuary with treaty reinsurance pricing experience to play a key role in supporting underwriting decisions and enhancing pricing capability across the business. This is a technically focused role with strong commercial exposure, where you’ll work closely with underwriters and management to deliver high-quality pricing insights, contribute to tool development, and support the continued profitability and growth of the portfolio.
Responsibilities
- Supporting the pricing of treaty reinsurance business, including both proportional and excess of loss structures
- Producing case pricing analysis to support underwriting decisions on individual risks
- Developing and enhancing pricing and rating tools across selected business segments
- Building strong working relationships with underwriting teams to embed technical pricing into decision-making
- Ensuring pricing models are robust, reliable, and effectively used by the business
- Supporting the development and implementation of pricing controls, governance, and data quality improvements
- Contributing to consistency of assumptions and methodologies across the pricing function
- Communicating actuarial outputs clearly to underwriters and senior stakeholders
Requirements
- Qualified Actuary (UK, US or European equivalent)
- Strong experience in pricing treaty reinsurance business
- Good understanding of pricing techniques for proportional and excess of loss reinsurance, including risk and aggregate structures
- Familiarity with simulation techniques and loss-sensitive features
- Understanding of London Market and UK Commercial Lines insurance and reinsurance practices
- Awareness of reserving methodologies within property and casualty insurance/reinsurance
- Advanced Excel skills (essential)
- Experience with programming languages such as VBA, R, Python or SQL (highly desirable)
- Strong communication skills with the ability to present technical outputs to non-technical stakeholders
Senior Treaty Pricing Analyst / Actuary in London employer: Arthur Financial
Contact Detail:
Arthur Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Treaty Pricing Analyst / Actuary in London
✨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 professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with treaty reinsurance pricing and any programming skills you have. We want to see you shine, so prepare some examples of how you've used your advanced Excel skills or programming languages like Python to solve real problems.
✨Ask Smart Questions
During interviews, don’t just wait for them to ask you questions. Show your interest by asking insightful questions about their pricing models or how they approach underwriting decisions. This not only demonstrates your knowledge but also shows that you’re genuinely interested in the role and the company.
✨Apply Through Our Website
We’ve got a fantastic platform for job applications, so make sure you apply through our website. It’s super easy, and we’ll keep you updated throughout the process. Plus, it shows you’re serious about joining our team!
We think you need these skills to ace Senior Treaty Pricing Analyst / Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Treaty Pricing Analyst role. Highlight your treaty reinsurance pricing experience and any relevant skills, like advanced Excel or programming languages. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of pricing techniques and how you can support underwriting decisions. Let us know what excites you about working with us!
Showcase Your Technical Skills: Don’t forget to showcase your technical skills in your application. Whether it's your experience with pricing models or your familiarity with simulation techniques, we want to see how you can enhance our pricing capability. Be specific!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Arthur Financial
✨Know Your Pricing Techniques
Make sure you brush up on your knowledge of pricing techniques for both proportional and excess of loss reinsurance. Be ready to discuss specific examples from your past experience where you've successfully applied these techniques in real-world scenarios.
✨Showcase Your Technical Skills
Since this role is technically focused, highlight your advanced Excel skills and any experience with programming languages like VBA, R, Python, or SQL. Prepare to discuss how you've used these tools to enhance pricing models or improve data quality in previous roles.
✨Build Relationships in Your Answers
Emphasise your ability to build strong working relationships with underwriting teams. Share examples of how you've collaborated with underwriters to embed technical pricing into decision-making processes, showcasing your communication skills and teamwork.
✨Communicate Clearly
Practice explaining complex actuarial concepts in simple terms. You’ll need to communicate your findings to non-technical stakeholders, so prepare a few key points that demonstrate your ability to present technical outputs clearly and effectively.