At a Glance
- Tasks: Manage underwriting risk and analyse loss ratios in a dynamic portfolio team.
- Company: Join a leading Personal Lines Insurer known for innovation and excellence.
- Benefits: Enjoy fully remote work options and a supportive corporate culture.
- Why this job: Be part of a collaborative team making impactful decisions in the insurance industry.
- Qualifications: Experience with Emblem/Radar and a background in Personal Lines Insurance preferred.
- Other info: Strong communication skills are essential for engaging with stakeholders.
The predicted salary is between 36000 - 60000 £ per year.
I am working with a leading Personal Lines Insurer who are seeking a Pricing Analyst to join their portfolio team. The aim of this role is to manage the underwriting risk for all lines of business, working across the Pricing and Actuarial finance divisions. This role can be fully remote but they have offices in London.
Responsibilities:
- Monitor the expected loss ratio compared to the actual loss ratio
- Assist in performing deep dive analysis
- Contribute to the key message presented at relevant committees
- Maintenance of the Underwriting governance documents
Experience:
- Experience with Emblem/Radar is highly desirable
- Background within Personal Lines Insurance
- Strong communication skills given the stakeholder engagement
Pricing Analyst (Portfolio) employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst (Portfolio)
✨Tip Number 1
Familiarise yourself with the key metrics in personal lines insurance, especially the expected loss ratio and how it impacts pricing strategies. This knowledge will help you engage in meaningful discussions during interviews.
✨Tip Number 2
If you have experience with Emblem or Radar, be prepared to discuss specific projects where you've used these tools. Highlighting your practical experience can set you apart from other candidates.
✨Tip Number 3
Brush up on your communication skills, as this role involves significant stakeholder engagement. Practising how to present complex data in a clear and concise manner will be beneficial during interviews.
✨Tip Number 4
Research the company’s recent performance and any news related to their underwriting governance. Being knowledgeable about their current standing will demonstrate your genuine interest in the role and the organisation.
We think you need these skills to ace Pricing Analyst (Portfolio)
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Pricing Analyst position. Understand the responsibilities and required skills, especially the importance of monitoring loss ratios and engaging with stakeholders.
Highlight Relevant Experience: When crafting your CV and cover letter, emphasise any experience you have with Emblem/Radar and your background in Personal Lines Insurance. Use specific examples to demonstrate your expertise in these areas.
Showcase Communication Skills: Given the emphasis on strong communication skills, include examples in your application that illustrate your ability to engage with stakeholders effectively. This could be through previous roles or projects where you had to present findings or collaborate with others.
Tailor Your Application: Make sure to tailor your CV and cover letter specifically for this role. Use keywords from the job description and align your experiences with the responsibilities listed, particularly around underwriting governance and analysis.
How to prepare for a job interview at Arthur Recruitment
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with loss ratios and financial metrics. Brush up on your understanding of these concepts and be ready to discuss how you would monitor and analyse them effectively.
✨Familiarise Yourself with Emblem/Radar
Since experience with Emblem or Radar is highly desirable, make sure you understand the basics of these tools. If you have prior experience, prepare to share specific examples of how you've used them in your previous roles.
✨Prepare for Stakeholder Engagement Questions
Strong communication skills are essential for this role. Think of examples where you've successfully engaged with stakeholders, and be ready to discuss how you can convey complex information clearly and effectively.
✨Understand Underwriting Governance
The role involves maintaining underwriting governance documents. Familiarise yourself with what these documents typically include and be prepared to discuss how you would ensure compliance and accuracy in their maintenance.