At a Glance
- Tasks: Support pricing for reinsurance portfolios and enhance pricing models using tech.
- Company: Join Chaucer, a leading player in the reinsurance market with a collaborative vibe.
- Benefits: Competitive salary, professional development, and opportunities to qualify as an actuary.
- Other info: Dynamic team environment with excellent career growth and learning opportunities.
- Why this job: Make a real impact in the reinsurance sector while developing your analytical skills.
- Qualifications: Part-qualified actuary with strong analytical skills and knowledge of Python, R, and SQL.
The predicted salary is between 55000 - 65000 £ per year.
Role Overview
This is a role within Chaucer’s Reinsurance Pricing team. The Senior Pricing Analyst will provide pricing support primarily for Chaucer’s growing reinsurance (Property, Specialty and Casualty Treaty) and Cyber portfolios across London and International offices. The Senior Pricing Analyst will work closely with divisional actuaries in the team to balance workload, broaden experience and facilitate consistency of approach.
Responsibilities
- Support account pricing and underwriter support for broker negotiations.
- Provide support to design, build and enhance Excel-based pricing models and pricing analytics that meet underwriter requirements and incorporate improved insights in line with Actuarial pricing frameworks and technological solutions platform requirements.
- Work collaboratively with underwriters, the pricing team and management across the planning and development process.
- Research and develop techniques and approaches to deliver improvements in modelling capabilities, data quality and operational efficiency through model design and use of technology.
- Develop strong relationships with underwriting and catastrophe modelling teams to coordinate sharing of best practices.
- Document new models and provide training.
- Communicate and present models to business stakeholders.
- Collaborate, present and share knowledge with the wider Actuarial team.
- Assist with other pricing team activities as required.
- Demonstrate a desire to sit the IFoA exams and become an FIA qualified actuary.
Skills and Competencies
- London Market pricing experience (ideally reinsurance) would be advantageous.
- Strong interpersonal, verbal and written skills.
- Strong analytical skills – logical, methodical and rational approach to problem solving.
- Comfortable with interpreting and producing numerical data.
- Ability to present findings to key stakeholders.
- Attention to detail.
- Self‑motivated, hard‑working and takes initiative.
- Organised and clear thinking.
- Ability to plan and organise work to meet targets and deadlines.
- Ability to collaborate, work as a team and communicate with staff at all levels.
- Working knowledge of Python, R and SQL.
- Comprehensive knowledge of Excel and VBA.
Education
- Part‑Qualified Actuary, making good progress through the IFoA exams or equivalent.
- 2.1 or 1st degree in Mathematics or a numeric subject (e.g. Physics, Engineering, Statistics).
- Three or more A‑levels, including Mathematics.
Senior Pricing Analyst - Reinsurance employer: Chaucer Underwriting Services Limited
Chaucer is an exceptional employer that fosters a collaborative and innovative work culture, particularly within its Reinsurance Pricing team in London. Employees benefit from comprehensive training opportunities, including support for IFoA exam progression, and are encouraged to develop their skills through hands-on experience with cutting-edge pricing models and analytics. The company values strong interpersonal relationships and offers a dynamic environment where employees can thrive and contribute to meaningful projects in the reinsurance sector.
Contact Details:
Chaucer Underwriting Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst - Reinsurance
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We think you need these skills to ace Senior Pricing Analyst - Reinsurance
Some tips for your application 🫡
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How to prepare for a job interview at Chaucer Underwriting Services Limited
✨Brush Up on Financial Analysis Skills
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