At a Glance
- Tasks: Lead the development of a pricing engine for reinsurance and insurance linked securities.
- Company: Exciting start-up in the reinsurance and alternative risk transfer sector.
- Benefits: Flexible working hours, competitive salary, and opportunities for professional growth.
- Other info: Dynamic start-up environment with a focus on innovation and collaboration.
- Why this job: Join a pioneering team and shape the future of insurance technology.
- Qualifications: Experience in insurance pricing or calculation engines; programming skills are essential.
The predicted salary is between 60000 - 80000 £ per year.
Start up reinsurance and alternative risk transfer entity is seeking a developer from either an actuarial or catastrophe modeller background.
The ideal candidate will have experience of developing insurance pricing or calculation engines, perhaps with experience of developing the front end user interface.
No specific languages are required as a must have, but you must have a good idea of cloud-based deployment.
There is no requirement for specific actuarial exams or knowledge of any specific hazards, although the client is looking for someone who has worked in the (re) insurance industry.
You will be one of the leads in developing a pricing engine for reinsurance and insurance linked securities (ILS) risks.
The role would be suitable for an ILS analyst, provided they meet the programming criteria above.
Pricing Developer in Slough employer: Hanover
Hanover is an excellent employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on employee growth, we provide opportunities for professional development and the chance to work closely with senior management on impactful projects. Located in a vibrant area, our office culture promotes teamwork and inclusivity, making it a rewarding place to advance your career in capital modelling.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Developer in Slough
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Hanover). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Hanover. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Pricing Developer in Slough
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Hanover.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hanover. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Hanover
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hanover to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Hanover, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Hanover's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
