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- Tasks: Support Underwriters with pricing models and risk analysis in insurance and reinsurance.
- Company: Join Convex, a leader in innovative actuarial analytics.
- Benefits: Enjoy competitive salary, 30 days leave, and extensive health benefits.
- Why this job: Make a real impact by using data and tech to shape the future of insurance.
- Qualifications: Part or newly qualified Actuary with 3 years' experience in (re)insurance.
- Other info: Collaborative environment with opportunities for professional growth and learning.
The predicted salary is between 36000 - 60000 £ per year.
The Impact Analytics team at Convex supports Underwriters in insurance and reinsurance by offering Actuarial assistance with portfolio design, pricing models, and risk analysis. Your primary role will be to work closely with Underwriters, advising on portfolio design, building pricing models, and aiding in risk selection for various insurance and reinsurance lines. You'll also collaborate with teams in catastrophe analytics, capital optimisation, and ceded reinsurance. Active engagement with Underwriters is expected to enhance transparency and confidence in the analytics provided.
Key Responsibilities
- Supporting Underwriters with risk selection by designing pricing models, evaluating new markets, and optimising existing portfolios.
- Collaborating with Exposure Management, Capital Modelling, Ceded Re, and Actuarial teams for consistent decision-making.
- Driving wider initiatives that support Convex's ambition to build market leading data lead tech capabilities.
- Creating analytical tools and dashboards with Data Engineers and BI Developers.
- Upholding Convex values and sharing expertise across the company.
Skills Knowledge and Expertise
- Part or newly qualified Actuary with at least 3 years' experience in the London market (re)insurance sector.
- Articulate communicator, both verbally and written.
- Ability to maintain a collaborative approach and use influencing skills to deliver results using cross-functional resource.
- Genuine interest in using data and technology to improve processes and decision making.
- Advanced technical skills including Python, and Power BI would be valued.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- 10 days of help with care (elder/ childcare) through Bright Horizons
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Pricing Actuary in London employer: Convex Insurance Ltd.
Contact Detail:
Convex Insurance Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Convex or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your pricing models and analytical tools. This is your chance to demonstrate your expertise and how you can add value to the team at Convex.
✨Tip Number 3
Prepare for interviews by brushing up on your technical skills, especially Python and Power BI. Be ready to discuss how you've used these tools in past roles to drive results and improve decision-making.
✨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 Pricing Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Actuary role. Highlight your experience in the London market and any relevant skills, like Python or Power BI, that match 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 the role and how your background aligns with our mission at Convex. Keep it concise but impactful!
Showcase Your Communication Skills: Since being an articulate communicator is key for us, make sure your written application reflects this. Use clear language and structure your thoughts logically to demonstrate your ability to convey complex ideas simply.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Convex Insurance Ltd.
✨Know Your Numbers
As a Pricing Actuary, you'll be expected to have a solid grasp of actuarial principles and pricing models. Brush up on your technical skills, especially in Python and Power BI, and be ready to discuss how you've applied these in past roles. Prepare examples that showcase your analytical prowess.
✨Communicate Clearly
Since the role involves collaborating with Underwriters and various teams, effective communication is key. Practice articulating complex concepts in simple terms. Think about how you can explain your previous projects or analyses to someone without a technical background.
✨Show Your Collaborative Spirit
Convex values teamwork, so be prepared to discuss how you've worked with cross-functional teams in the past. Highlight specific instances where your collaboration led to successful outcomes, and demonstrate your ability to influence and drive results through teamwork.
✨Demonstrate Your Passion for Data
Express your genuine interest in using data and technology to enhance decision-making processes. Share any personal projects or initiatives where you've leveraged data analytics to solve problems or improve efficiency. This will show your enthusiasm for the role and align with Convex's ambition for data-led capabilities.
