At a Glance
- Tasks: Support actuarial pricing for various insurance lines and update pricing models.
- Company: Dynamic insurance firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and opportunities for growth.
- Other info: Exciting role with exposure to diverse insurance sectors and advanced tools.
- Why this job: Join a team that shapes the future of insurance pricing in a vibrant market.
- Qualifications: Bachelor’s degree in maths or stats; up to 3 years of relevant experience.
The predicted salary is between 30000 - 40000 £ per year.
Overview
Key Duties (Including but not limited to):
- Provide actuarial pricing support to various underwriting departments under moderate supervision.
- Support all lines of insurance written from the European offices and through Lloyd’s. Lines of business include property, general casualty, D&O, E&O, medical malpractice, marine and onshore construction.
- Research and update various pricing parameters used within their pricing models such as increased limits factors, loss trend factors, underlying loss costs per unit of exposure, etc.
Qualifications required:
- Bachelor’s degree in mathematics, statistics or related field.
Experience required:
- Up to 3 years of experience as a General Insurance actuary, preferably London Market Pricing insurance or reinsurance.
- Proficient with Excel.
- Experience using Visual Basic for Applications (VBA), Rulebook, SAS and Python would be beneficial.
Actuarial Analyst – Pricing – 29414 in London employer: Emerald Group Ltd
As an Actuarial Analyst at our London office, you will thrive in a dynamic and collaborative work culture that values innovation and professional growth. We offer competitive benefits, including ongoing training and development opportunities, ensuring you can advance your career while contributing to impactful projects across various lines of insurance. Join us to be part of a supportive team that encourages your success in the heart of one of the world's leading insurance markets.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst – Pricing – 29414 in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field, especially those working in pricing. Attend industry events or webinars to make connections and learn about potential job openings.
✨Tip Number 2
Show off your skills! Create a portfolio showcasing your Excel and programming projects, especially if you've used VBA, SAS, or Python. This will give you an edge and demonstrate your hands-on experience.
✨Tip Number 3
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss pricing models and how you’ve applied your analytical skills in previous roles. Practice common actuarial interview questions to boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace Actuarial Analyst – Pricing – 29414 in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in actuarial pricing and any relevant skills. We want to see how your background fits with the role, so don’t be shy about showcasing your expertise in Excel and any programming languages you know!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the actuarial field and how your experience aligns with our needs. We love seeing enthusiasm and a bit of personality!
Showcase Relevant Experience:When detailing your work experience, focus on projects or roles that relate to pricing support and the lines of insurance mentioned in the job description. We’re keen to see how you’ve contributed to similar tasks in the past.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you get the best chance to stand out in the crowd!
How to prepare for a job interview at Emerald Group Ltd
✨Know Your Numbers
Brush up on your mathematical and statistical knowledge, especially as it relates to pricing models. Be ready to discuss how you’ve used these skills in previous roles, particularly in the context of general insurance or reinsurance.
✨Excel-lent Preparation
Since proficiency in Excel is crucial, make sure you’re comfortable with advanced functions and data analysis techniques. Consider preparing a few examples of how you've used Excel in your past work to solve problems or improve processes.
✨Showcase Your Technical Skills
If you have experience with VBA, SAS, or Python, be prepared to talk about specific projects where you applied these tools. Even if you haven’t used them extensively, demonstrating your willingness to learn can set you apart.
✨Understand the Market
Familiarise yourself with the current trends in the London Market, especially regarding the lines of business mentioned in the job description. Being able to discuss recent developments or challenges in property, casualty, or marine insurance will show your genuine interest in the role.
