At a Glance
- Tasks: Lead pricing strategies and collaborate with diverse teams to optimise solutions.
- Company: Dynamic company in the financial sector with a focus on innovation.
- Benefits: Competitive salary, flexible working arrangements, and opportunities for professional growth.
- Other info: Work in a vibrant London office with excellent career advancement opportunities.
- Why this job: Make a real impact in pricing while leading a talented team in a collaborative environment.
- Qualifications: Strong pricing experience and advanced data skills with SQL, SAS, R, or Python.
The predicted salary is between 60000 - 80000 £ per year.
As an actuarial manager, you will be responsible for overseeing and managing the pricing models and strategies for my clients E-Trade business. In this role, you will collaborate closely with stakeholders across the organisation—such as underwriters, IT teams, business intelligence professionals, and fellow actuaries—to deliver optimal pricing technology and solutions. The successful candidate will manage a team of 5 (including 3 from overseas) and have requirements to be in the London office 3 days per week.
Responsibilities
- Serve as the subject matter expert for the pricing models that support the E-Trade business
- Lead the monthly price monitoring process and expand coverage to include more products over time
- Engage in stakeholder management, regularly communicating the development of the team to key stakeholders
- Perform regular pricing reviews of e-traded products, analysing the portfolio and providing insights on risk quality and implications to pricing actions
Requirements
- Strong pricing experience, preferably with system-integrated pricing models.
- Experience working with IT on system-wide model implementation and/or data restructuring
- Advanced data skills, with experience working with large datasets using SQL, SAS, R, or Python
- Understanding of P&C products, KPIs such as COR, ULR, rate change, and their relation to profitability
Actuarial Manager (Pricing) employer: Arthur Recruitment
As an Actuarial Manager at our London office, you will thrive in a dynamic and collaborative work culture that values innovation and teamwork. We offer competitive benefits, including professional development opportunities and a supportive environment for career growth, making us an excellent employer for those seeking meaningful and rewarding employment in the actuarial field.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Manager (Pricing)
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the hunt for an Actuarial Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your pricing models and data skills. Be ready to discuss how you've tackled similar challenges in the past, especially with system-integrated pricing models. Show them you’re the expert they need!
✨Tip Number 3
Don’t forget to showcase your teamwork skills! Since you'll be managing a team and collaborating with various stakeholders, highlight your experience in leading teams and working cross-functionally. We want to see how you can bring everyone together for optimal results.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s get you that Actuarial Manager position!
We think you need these skills to ace Actuarial Manager (Pricing)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Actuarial Manager role. Highlight your pricing experience and any relevant projects you've worked on, especially those involving system-integrated pricing models. We want to see how your skills align with what we're looking for!
Showcase Your Data Skills:Since advanced data skills are a must, don’t forget to showcase your experience with SQL, SAS, R, or Python. Include specific examples of how you've used these tools to analyse large datasets and drive insights in your previous roles.
Communicate Clearly:In your application, make sure to communicate clearly about your stakeholder management experience. We love candidates who can effectively engage with different teams, so share examples of how you've collaborated with underwriters, IT, or business intelligence professionals.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Arthur Recruitment
✨Know Your Pricing Models
Make sure you brush up on the pricing models relevant to the E-Trade business. Be prepared to discuss how you've used these models in the past and how they can be applied to improve profitability. This shows that you’re not just familiar with the theory but can also bring practical insights.
✨Stakeholder Management is Key
Since this role involves collaborating with various teams, think of examples where you've successfully managed stakeholder relationships. Highlight your communication skills and how you’ve kept everyone in the loop during projects. This will demonstrate your ability to work effectively across departments.
✨Show Off Your Data Skills
Be ready to talk about your experience with large datasets and the tools you’ve used, like SQL, SAS, R, or Python. Prepare a couple of examples where your data analysis led to significant pricing decisions or improvements. This will showcase your technical expertise and problem-solving abilities.
✨Understand the Bigger Picture
Familiarise yourself with key performance indicators (KPIs) related to P&C products, such as COR and ULR. Be prepared to discuss how these metrics influence pricing strategies and overall profitability. This will show that you understand the business implications of your work and can contribute to strategic discussions.
