At a Glance
- Tasks: Support underwriters in pricing and analysing insurance accounts and policies.
- Company: Join Emerald Group Ltd, a leading player in the insurance sector.
- Benefits: Enjoy competitive pay, flexible working options, and professional development opportunities.
- Why this job: Be part of a dynamic team making impactful decisions in the insurance industry.
- Qualifications: Must have a 2:1 degree in a relevant field and actuarial qualifications.
- Other info: Experience in the London market is a plus; remote work options available.
The predicted salary is between 36000 - 60000 £ per year.
Location: London, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Reference: dbe31100ab55
Job Views: 3
Posted: 02.06.2025
Expiry Date: 17.07.2025
Overview
Key Duties (including but not limited to):
- Provide actuarial support to underwriters and their customers in the pricing of individual accounts
- Conduct portfolio analyses and other appropriate actuarial investigations for validating assumptions used in pricing and improving credibility of pricing outputs
- Assist underwriters in the structuring and pricing of treaty reinsurance policies, large insurance policies with experience rating considerations, and policies with material loss-sensitive features
Qualifications required:
- 2:1 or higher degree in Mathematics, Statistics, Economics, or Actuarial Science
- Partly or fully qualified actuary in the UK, US, or Europe
Experience required:
- 2–4 years of experience in General Insurance
- 1–2 years of experience in pricing general insurance and/or treaty reinsurance business
- London/Lloyd’s market experience (desirable)
- Knowledge of actuarial techniques for pricing primary, excess of loss, and catastrophe insurance/reinsurance products
Pricing Actuary / Actuarial Pricing Analyst – 27867 employer: Emerald Group Ltd
Contact Detail:
Emerald Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary / Actuarial Pricing Analyst – 27867
✨Tip Number 1
Network with professionals in the London insurance market. Attend industry events, webinars, or local meetups to connect with actuaries and underwriters. This can help you gain insights into the role and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest actuarial software and tools commonly used in pricing. Being proficient in these technologies can set you apart from other candidates and demonstrate your readiness for the role.
✨Tip Number 3
Stay updated on current trends and challenges in the general insurance market, especially regarding pricing strategies. This knowledge will not only help you in interviews but also show your genuine interest in the field.
✨Tip Number 4
Consider reaching out to current or former employees of Emerald Group Ltd on professional networking sites. They can provide valuable insights about the company culture and expectations, which can be beneficial during your application process.
We think you need these skills to ace Pricing Actuary / Actuarial Pricing Analyst – 27867
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial pricing and general insurance. Emphasise any specific projects or roles that align with the key duties mentioned in the job description.
Craft a Strong Cover Letter: Write a cover letter that directly addresses the qualifications required for the Pricing Actuary position. Mention your degree, any actuarial qualifications, and your experience in the London/Lloyd’s market if applicable.
Showcase Technical Skills: In your application, include specific actuarial techniques you are familiar with, especially those related to pricing primary, excess of loss, and catastrophe insurance/reinsurance products. This will demonstrate your expertise.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is crucial in the actuarial field.
How to prepare for a job interview at Emerald Group Ltd
✨Showcase Your Technical Skills
As a Pricing Actuary, you'll need to demonstrate your proficiency in actuarial techniques. Be prepared to discuss specific methods you've used in pricing insurance products and how they contributed to successful outcomes.
✨Understand the Market
Familiarise yourself with the London/Lloyd’s market and current trends in general insurance. Showing that you are up-to-date with industry developments will impress interviewers and highlight your commitment to the role.
✨Prepare for Scenario Questions
Expect scenario-based questions where you may need to analyse data or solve problems on the spot. Practising these types of questions can help you articulate your thought process clearly during the interview.
✨Demonstrate Communication Skills
You'll be working closely with underwriters and clients, so it's crucial to convey complex actuarial concepts in an understandable way. Prepare examples of how you've successfully communicated technical information in previous roles.