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, exposure to international portfolio, and collaboration with experts.
- Other info: Dynamic role with strong focus on continuous improvement and cross-functional collaboration.
- Why this job: Deepen your actuarial skills while making a real impact on innovative pricing strategies.
- 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
- 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
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 complex risk pricing. The company fosters a culture of innovation and teamwork, ensuring that your contributions are valued and impactful within a globally respected (re)insurance firm.
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 used exposure-based methods in past roles – it’ll show you’re the right fit for the team!
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications with a quick email to express your enthusiasm. It shows initiative and keeps you on their radar, which is key in a competitive market.
✨Tip Number 4
Check out our website for the latest job openings. We often have roles that match your skills, and applying directly through us can give you an edge. Plus, we love seeing familiar faces!
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 should tell us why you're the perfect fit for this role. Share your passion for pricing and how your background aligns with the responsibilities mentioned, especially your experience with complex insurance and reinsurance risks.
Showcase Your Technical Skills:Don’t forget to mention your strong Excel skills and any experience with tools like Power BI or coding languages. We want to see how you can contribute to developing and enhancing our pricing tools!
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 get to know you better!
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. Use specific examples to show your analytical skills and how they can benefit the team.
✨Showcase Your Collaboration Skills
This role involves working closely with underwriters and other actuarial colleagues. Prepare to share experiences where you've successfully collaborated on complex projects. Highlight your ability to communicate insights clearly and how you’ve contributed to team success.
✨Be Ready for Technical Questions
Expect questions that dive deep into your technical knowledge, especially around loss ratio analysis and portfolio management. Review key concepts and be prepared to explain your thought process when tackling complex pricing scenarios. This will show your depth of understanding and readiness for the role.
✨Demonstrate Continuous Improvement Mindset
The company values innovation in pricing methodologies and tools. Think of examples where you've driven improvements in your previous roles. Discuss any experience you have with developing or enhancing pricing models, and how you approach problem-solving in a dynamic environment.
