At a Glance
- Tasks: Support pricing and structuring of complex insurance and reinsurance risks across diverse lines.
- Company: Join a highly regarded global (re)insurer in the London Market.
- Benefits: Competitive salary, professional development, and exposure to international portfolios.
- Other info: Collaborative environment with opportunities for continuous improvement and career growth.
- Why this job: Deepen your actuarial skills while making an impact on innovative pricing strategies.
- Qualifications: Nearly or newly qualified actuary with 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 in London employer: Arthur
Arthur is an exceptional employer, offering a dynamic work environment in the heart of the London Market, where you can thrive as a Pricing Actuary. With a strong focus on employee development, you will have access to comprehensive training and growth opportunities while collaborating with industry experts on innovative pricing strategies. The company's commitment to fostering a supportive culture ensures that your contributions are valued, making it a rewarding place to advance your career in the reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Pricing Actuary - Longtail Lines in London
✨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 your experience with exposure-based models and how you've contributed to pricing strategies in past roles.
✨Tip Number 3
Showcase your analytical skills! Bring examples of your portfolio analysis or any tools you've developed to the interview. This will demonstrate your ability to support business planning and profitability effectively.
✨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 Reinsurance Pricing Actuary - Longtail Lines in London
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, or 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 ensure it gets the attention it deserves!
How to prepare for a job interview at Arthur
✨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 led to improved pricing tools or methodologies.
✨Get Familiar with the Market
Understanding the London Market is crucial. Research current trends, challenges, and innovations in the reinsurance sector. Being able to discuss recent developments or case studies will show your commercial awareness and genuine interest in the industry.
✨Excel at Excel (and More)
Strong Excel skills are a must, but don't stop there! If you have experience with Power BI or coding languages like Python or SQL, make sure to mention it. Prepare to discuss how you've used these tools to enhance pricing models or conduct portfolio analysis in your previous roles.
