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
Qualifications
- 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
Arthur is an exceptional employer, offering a dynamic work environment in the heart of the London Market, where you can thrive as a Senior Treaty Pricing Analyst. With a strong focus on employee development, collaborative culture, and opportunities to engage directly with underwriting teams, you will play a pivotal role in shaping pricing strategies that drive business success. The company values innovation and provides access to cutting-edge tools and resources, ensuring that you can enhance your skills while contributing to the growth and profitability of the portfolio.
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 pricing or reinsurance. 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 proportional and excess of loss structures, as well as how you’ve used tools like Excel or programming languages in your previous roles.
✨Tip Number 3
Showcase your communication skills! When you get the chance to present your actuarial insights, make sure you tailor your message for non-technical stakeholders. This will demonstrate your ability to bridge the gap between technical analysis and business decisions.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got some fantastic opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
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 experience in treaty reinsurance pricing and any relevant technical skills, like your proficiency in Excel or programming languages. 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 passionate about this role and how your skills can contribute to our team. Be sure to mention your experience with pricing models and your ability to communicate complex ideas clearly.
Showcase Your Technical Skills:Since this role is technically focused, don’t shy away from showcasing your technical skills. Whether it's your experience with simulation techniques or your knowledge of pricing controls, make sure we know what you bring to the table!
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 to do!
How to prepare for a job interview at Arthur
✨Know Your Numbers
As a Senior Treaty Pricing Analyst, you'll need to demonstrate your strong grasp of pricing techniques. Brush up on your knowledge of proportional and excess of loss structures, and be ready to discuss specific examples from your past experience that highlight your analytical skills.
✨Showcase Your Technical Skills
Make sure to highlight your advanced Excel skills and any programming languages you know, like VBA, R, Python, or SQL. Prepare to discuss how you've used these tools in previous roles to enhance pricing models or improve data quality.
✨Build Rapport with Underwriters
Since this role involves working closely with underwriting teams, think about how you can demonstrate your ability to build strong working relationships. Share examples of how you've collaborated with underwriters in the past to embed technical pricing into decision-making.
✨Communicate Clearly
You'll need to present complex actuarial outputs to non-technical stakeholders, so practice explaining your work in simple terms. Prepare a few key points that summarise your approach to pricing and how it supports underwriting decisions, ensuring you can convey your insights effectively.
