At a Glance
- Tasks: Support pricing and structuring of complex insurance and reinsurance risks across diverse lines.
- Company: Highly regarded global (re)insurer in the London Market.
- Benefits: Opportunity for career growth and exposure to international portfolio.
- Other info: Collaborative environment with strong focus on continuous improvement and cross-functional initiatives.
- Why this job: Deepen your actuarial skills while making a real impact on pricing innovation.
- Qualifications: Nearly or newly qualified actuary with 3+ years of London Market pricing experience.
The predicted salary is between 60000 - 80000 £ per year.
Arthur is currently partnering with a highly regarded global (re)insurer in the London Market to appoint a Pricing Actuary into their International Pricing team. The role will report into the Deputy Head of Pricing (International) and offers an excellent opportunity for a nearly or newly qualified actuary looking to deepen their exposure to complex risk pricing across a diverse international portfolio. This is a broad and technically engaging role where you’ll work closely with underwriting and actuarial colleagues, supporting the pricing of large and complex insurance and reinsurance contracts while contributing to portfolio strategy and pricing innovation.
Responsibilities
- Supporting the pricing and structuring of complex insurance and reinsurance risks across multiple lines of business
- Partnering with underwriters to deliver robust pricing analysis and insights on individual deals
- Contributing to the development and enhancement of pricing tools, including exposure-based models
- Conducting portfolio analysis to support business planning, profitability, and strategic decision-making
- Supporting loss ratio setting and analysis of key drivers such as trends and inflation
- Contributing to capital model inputs, including loss ratio volatility analysis
- Participating in performance monitoring of key accounts and portfolio segments
- Driving continuous improvement across pricing methodologies, tools, and processes
- Collaborating across actuarial, underwriting, and wider business functions on cross-functional initiatives
Requirements
- Nearly or newly qualified actuary (or equivalent)
- 3+ years of London Market pricing experience
- Experience across Lloyd’s/London Market risks; exposure to Casualty, Marine, Aviation or Energy is advantageous
- Strong understanding of pricing techniques, particularly exposure-based methods
- Experience in developing or enhancing pricing tools and models
- Strong Excel skills; experience with Power BI and/or coding languages (e.g. Python, SQL) is beneficial
- Commercial awareness with the ability to support underwriting decision-making
Reinsurance Pricing Actuary - Longtail Lines employer: Arthur Financial
Contact Detail:
Arthur Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reinsurance Pricing Actuary - Longtail Lines
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in reinsurance or pricing. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of pricing techniques. Be ready to discuss how you’ve tackled complex pricing challenges in the past – real-life examples will make you stand out!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that excite you and match your skills. Tailor your approach to show why you’re the perfect fit for their team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind. It shows your enthusiasm for the role and gives you another chance to highlight your key strengths.
We think you need these skills to ace Reinsurance Pricing Actuary - Longtail Lines
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Reinsurance Pricing Actuary. Highlight your relevant experience in London Market pricing and any specific skills that match the job description, like your understanding of exposure-based methods.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your experience with complex risk pricing and collaboration with underwriters.
Showcase Your Technical Skills: Since this role involves developing pricing tools and models, be sure to showcase your technical skills in Excel, Power BI, and any coding languages you know. Mention specific projects where you've used these skills to drive improvements.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Arthur Financial
✨Know Your Numbers
As a Pricing Actuary, you'll need to demonstrate your strong understanding of pricing techniques. Brush up on exposure-based methods and be ready to discuss how you've applied these in past roles. Prepare specific examples that showcase your analytical skills and how they contributed to successful pricing strategies.
✨Showcase Your Collaboration Skills
This role involves working closely with underwriters and other teams. Be prepared to share experiences where you collaborated effectively across functions. Highlight any cross-functional projects you've been part of, especially those that required you to communicate complex actuarial concepts to non-actuarial colleagues.
✨Get Familiar with the Tools
Since the job mentions enhancing pricing tools and models, make sure you're comfortable discussing any relevant software or coding languages you’ve used. If you have experience with Excel, Power BI, Python, or SQL, be ready to explain how you've leveraged these tools to improve pricing analysis or decision-making.
✨Understand the Market Landscape
Having a solid grasp of the London Market and its risks is crucial. Research current trends in Casualty, Marine, Aviation, and Energy sectors. Be prepared to discuss how these trends might impact pricing strategies and how you can contribute to innovative solutions within the team.