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- Tasks: Develop pricing models and analyse market trends to shape strategies.
- Company: Dynamic life insurer with ambitious growth plans and a collaborative team.
- Benefits: Competitive salary, professional development, and opportunities for impactful work.
- Why this job: Join a forward-thinking team where your ideas can drive real change.
- Qualifications: Aspiring actuary with strong analytical skills and experience in data analysis.
- Other info: Exciting opportunity for career growth in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
A well-established life insurer with an ambitious growth strategy is looking to appoint a Pricing Actuarial Analyst to join its forward-thinking team. With a diverse product range and a clear commercial vision, this business is positioning itself strongly for the years ahead — and this role plays a key part in that journey.
Key Responsibilities
- Play a central role in developing and maintaining pricing and statistical modelling frameworks to generate actionable insights.
- Track market trends and competitors to help shape pricing strategy and ensure products remain well-positioned.
- Work closely with senior actuaries to design and embed robust pricing methodologies across the product suite.
- Contribute to product development work, particularly cashflow modelling, collaborating with other teams where needed.
- Support the automation of premium reviews and enhance the reporting of new business profitability.
- Contribute to distribution quality oversight and help respond to internal and external pricing-related queries.
- Develop and maintain actuarial tools and dashboards to provide clear, accessible insights to the wider business.
- Support wider actuarial team initiatives as required.
What we’re looking for
- Student or aspiring actuary (IFoA or equivalent), with a strong commitment to professional exams.
- Experience in actuarial, pricing or data analytics work within life insurance or consultancy.
- Strong academic background in a numerate discipline (e.g. Maths, Statistics, Economics, or similar).
- Confident Excel and VBA user.
- Proficiency in R, Python or similar data analysis software.
- Experience with actuarial modelling software (e.g. Mo.net or equivalent) would be an advantage.
This is an excellent opportunity to join a nimble and ambitious insurer where your ideas will have real impact.
To apply or learn more: Bradley Grant 0207 019 8869 bradley.grant@goodmanmasson.com
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Pricing Actuarial Analyst employer: Goodman Masson
Contact Detail:
Goodman Masson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuarial Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees in the actuarial field, especially those who have worked at life insurers. They can provide insider info and might even refer you for the role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you're comfortable discussing pricing models and statistical frameworks, as these will likely come up during your chat with the hiring team.
✨Tip Number 3
Showcase your passion for the industry! During interviews, share your thoughts on current market trends and how they could impact pricing strategies. This will demonstrate your commitment and insight into the role.
✨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 take that extra step to engage with us directly.
We think you need these skills to ace Pricing Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Pricing Actuarial Analyst role. Highlight your experience in actuarial work, data analytics, and any relevant software skills like Excel or R.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your commitment to professional exams and your enthusiasm for contributing to our ambitious growth strategy.
Showcase Your Technical Skills: Since we’re looking for someone proficient in Excel, VBA, and data analysis software, make sure to include specific examples of how you've used these tools in your previous roles or projects. This will help us see your practical experience.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Goodman Masson
✨Know Your Numbers
As a Pricing Actuarial Analyst, you'll be dealing with a lot of data. Brush up on your statistical modelling and pricing frameworks before the interview. Be ready to discuss how you've used these skills in past roles or projects.
✨Market Awareness is Key
Stay updated on current market trends and competitors in the life insurance sector. Bring examples of how you’ve tracked these trends and how they influenced your previous work. This shows you're proactive and understand the business landscape.
✨Showcase Your Technical Skills
Make sure you can confidently talk about your experience with Excel, VBA, R, and Python. Prepare to discuss specific projects where you used these tools to solve problems or improve processes. Practical examples will make you stand out.
✨Collaboration is Crucial
This role involves working closely with senior actuaries and other teams. Be prepared to share experiences where you collaborated effectively. Highlight your communication skills and how you contributed to team success in past projects.