At a Glance
- Tasks: Lead pricing analysis and enhance actuarial models for diverse insurance portfolios.
- Company: Join a high-performing team in a dynamic insurance environment.
- Benefits: Competitive salary, professional development, and opportunities for innovation.
- Other info: Collaborate with senior stakeholders and explore AI/ML in insurance.
- Why this job: Make a real impact in the insurance industry with cutting-edge analytics.
- Qualifications: Qualified General Insurance Actuary with strong experience in pricing and analytics.
The predicted salary is between 67500 - 82500 £ per year.
About the Role We are looking for an experienced Senior Reinsurance Pricing Actuary to join a high-performing actuarial and analytics team supporting a diverse portfolio of specialty and casualty insurance business.
This is an excellent opportunity for a qualified General Insurance Actuary with strong experience across reinsurance pricing, portfolio analytics, loss ratio modelling and actuarial methodology.
Key Responsibilities• Lead pricing and profitability analysis across complex reinsurance and insurance portfolios.
- Perform experience and exposure rating across casualty, commercial and specialty lines.
- Undertake XOL, aggregate, stop-loss and umbrella layer pricing.
- Analyse loss ratios, claims experience and portfolio performance to support underwriting decisions.
- Review actuarial methodologies, assumptions and market benchmarks.
- Conduct portfolio and profitability analysis, identifying key drivers of performance.
- Develop and enhance actuarial models, dashboards and reporting processes.
- Work closely with underwriting, actuarial and senior stakeholders across UK and international markets.
- Identify opportunities to automate and improve actuarial processes.
- Support innovative analytics initiatives, including AI and machine learning.
About You The ideal candidate will have:• Qualified General Insurance Actuary/FIA with strong post-qualification experience in pricing and/or reserving.
- Experience in reinsurance pricing, casualty and commercial insurance.
- Experience with XOL and layer pricing, loss ratio analysis and business planning.
- Experience in portfolio and profitability analysis.
- Knowledge of Lloyd's or London Market insurance.
- Strong understanding of actuarial methodologies and assumption review.
- Experience with SQL, Python, R, SAS, VBA, Qlik View, Microsoft Excel or Res Q.
- Experience developing actuarial dashboards or automating actuarial processes.
- An interest in applying AI/ML techniques to insurance analytics.
- Discipline(s): Finance & Strategy Job type: Permanent
Senior Actuary in London employer: Edenbrook
Edenbrook is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in the financial reporting sector. With a strong commitment to employee development, we offer numerous growth opportunities and support for continuous learning, all while working in a dynamic environment that values integrity and excellence. Located in a vibrant area, our team enjoys a balanced work-life experience alongside competitive benefits tailored to enhance both personal and professional well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Edenbrook. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Actuary in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Edenbrook.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Edenbrook's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Edenbrook
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Edenbrook.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Edenbrook will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Edenbrook employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
