At a Glance
- Tasks: Lead the development of predictive modelling in our pricing team and collaborate with stakeholders.
- Company: Join Brit Insurance, a forward-thinking company focused on thriving through uncertainty.
- Benefits: Enjoy a competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse and inclusive environment with excellent career advancement opportunities.
- Why this job: Make a real impact by shaping the future of risk and driving innovation.
- Qualifications: Experience in predictive modelling and strong collaboration skills are essential.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Lead Actuary - Predictive Modelling role at Brit Insurance. We’re looking for a Lead Actuary – Predictive Modelling.
About Brit: At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist. To help people and businesses face the future and thrive. We are change‑makers enabled by a global workforce who collaborate to deliver a risk service. A team empowered to help our customers not only to survive the risks they face, but to stay on the front foot and keep moving forward.
What you’ll be doing: In this role, you will play a pivotal part in shaping the future of our predictive modelling capability within the pricing team. You’ll work closely with senior stakeholders to ensure our vision aligns with the strategic objectives of the business, and you’ll be instrumental in developing a clear roadmap for establishing and enhancing this function. Your day-to-day will involve collaborating with colleagues across the Group to identify and resolve gaps in our processes, data, and technology, ensuring we have the right enablers in place to deliver best-in-class solutions.
You’ll take the lead in identifying opportunities to apply predictive modelling techniques to our pricing models, always striving to provide transparency and clarity to support effective decision-making. As you guide the transition of our pricing capability from its current state to our ambitious target, you’ll ensure that our processes and standards remain robust and fully aligned with our technical pricing policy. Supporting the continuous improvement of our approach to pricing, you’ll help to ensure that our practices not only meet internal and regulatory standards but also drive better outcomes for our customers.
You’ll motivate and support your team, setting clear expectations and providing the resources and encouragement they need to achieve their goals. By fostering a culture of collaboration, innovation, and continuous improvement, you’ll help us to deliver on our promise to keep our clients and colleagues on the front foot, ready to face the future with confidence.
We welcome everyone wholeheartedly. We’ve got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we’ll be respected, valued and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations and suggestions about how we do things.
Accessibility: We are located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 17, 18, and 39. All of our floors are accessible by lift, and there are building staff on hand to point you in the right direction. The closest train / underground / DLR links are: Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), Aldgate Station (7 mins). The nearest bus stop is St Mary Axe (Stop LR or Z), which is located just outside the building. If you have any other questions regarding accessibility, please ask.
Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Analyst, Other, and Information Technology
Industries: Insurance
Lead Actuary - Predictive Modelling employer: Brit Insurance
Brit Insurance is an exceptional employer, offering a dynamic work environment in Greater London where innovation and collaboration thrive. With a strong commitment to diversity and inclusion, employees are empowered to contribute their unique perspectives while enjoying ample opportunities for professional growth and development. The company prioritises employee well-being and fosters a culture of respect, making it a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Actuary - Predictive Modelling
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Brit Insurance). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Brit Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Lead Actuary - Predictive Modelling
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Brit Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Brit Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Brit Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Brit Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Brit Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Brit Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
