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 supporting underwriting decisions.
- 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 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
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in (re)insurance. A friendly chat can lead to insider info about job openings or even a referral.
✨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 used these in past roles, especially in treaty reinsurance.
✨Tip Number 3
Showcase your communication skills! Practice explaining complex actuarial concepts in simple terms. This will help you connect with underwriters and senior stakeholders during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Treaty Pricing Analyst / Actuary
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 technical skills, like your advanced Excel abilities or programming knowledge. We want to see how your background aligns with what we're looking for!
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 specific experiences that demonstrate your understanding of pricing techniques and your ability to communicate complex ideas clearly. We love seeing genuine enthusiasm for the position!
Showcase Your Technical Skills: Since this role is technically focused, don’t shy away from showcasing your technical skills in your application. Whether it's your familiarity with simulation techniques or your programming prowess, make sure we know how you can contribute to our pricing capabilities.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
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 demonstrate how you've used these tools to enhance pricing models or improve data quality in previous roles.
✨Build Relationships with Underwriters
Emphasise your ability to build strong working relationships with underwriting teams. Think of examples where you've collaborated effectively with underwriters to embed technical pricing into their decision-making processes, as this will be crucial for the role.
✨Communicate Clearly
Practice explaining complex actuarial concepts in simple terms. You’ll need to communicate your findings to non-technical stakeholders, so being able to present your outputs clearly and confidently will set you apart from other candidates.