At a Glance
- Tasks: Lead major projects and shape pricing strategies in the insurance sector.
- Company: Join a respected large insurance group with a strong reputation.
- Benefits: Enjoy a competitive salary, bonus, hybrid working, and excellent perks.
- Why this job: Make an impact in a dynamic environment while advancing your career.
- Qualifications: Significant pricing experience and knowledge of actuarial methods required.
- Other info: Flexible location options: London, Bournemouth, Leeds, or Birmingham.
The predicted salary is between 54000 - 84000 £ per year.
Principal Pricing Analyst (Actuarial Pricing)
Location: London, Bournemouth, Leeds, or Birmingham
Salary: £75k + Bonus + Excellent Package
Hybrid working: 2 days in the office per month.
Hawksworth UK is recruiting for a Principal Pricing Analyst (Actuarial Pricing) for a respected Large Insurance group. We offer a competitive salary of up to £75,000 base salary, up to 15% bonus, 26 days holiday, private medical, and a pension (double your contribution to 14%).
We are looking for an experienced Pricing Analyst with significant experience in the insurance pricing arena. You will take charge of major projects and influence pricing strategy, looking at current processes and identifying opportunities for improvement. The role is in General Insurance, but we will consider candidates from Life/Risk areas as well.
Required Skills & Experience:
- Significant pricing or reserving experience
- Excellent working knowledge of actuarial methods and principles, ideally in a pricing context, including the use of actuarial software
- Data science skills are preferable
- Experience in an insurance pricing role
- Understanding of modeling techniques, including GLMs and GBMs and their application to insurance pricing
- Knowledge of price optimization and the general insurance regulatory environment
- Familiarity with Willis Towers Watson’s software Radar and Emblem or similar
- Proficiency in Excel and MS Office or equivalent applications
- Excellent data handling skills using SAS and/or SQL; experience in a data science programming language, preferably Python
- Knowledge of Agile project management processes
If you have the required pricing, actuarial, and modeling skills and are looking to take the next step in your career, please apply now. You can also reach out directly at richard@hawksworthuk.com.
Seniority Level
Mid-Senior level
Employment Type
Full-time
Job Function
Analyst and Finance
Industries
Insurance and Financial Services
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Principal Pricing Analyst (Actuarial Pricing) x2 days in the office per month - £75k + Bonus +[...] employer: Hawksworth
Contact Detail:
Hawksworth Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Pricing Analyst (Actuarial Pricing) x2 days in the office per month - £75k + Bonus +[...]
✨Tip Number 1
Familiarise yourself with the specific actuarial software mentioned in the job description, such as Willis Towers Watson's Radar and Emblem. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Brush up on your knowledge of GLMs and GBMs, as well as their application in insurance pricing. Being able to discuss these modelling techniques confidently will demonstrate your expertise and understanding of the role.
✨Tip Number 3
Network with professionals in the insurance pricing field, especially those who have experience in general insurance. Engaging in conversations about current trends and challenges can provide valuable insights and may even lead to referrals.
✨Tip Number 4
Stay updated on the latest developments in data science and its application in pricing strategies. Showcasing your knowledge of data handling skills using SAS, SQL, or Python can set you apart from other candidates.
We think you need these skills to ace Principal Pricing Analyst (Actuarial Pricing) x2 days in the office per month - £75k + Bonus +[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your significant pricing or reserving experience. Emphasise your knowledge of actuarial methods and any relevant software you've used, such as Radar or Emblem.
Craft a Strong Cover Letter: In your cover letter, explain why you're the perfect fit for the Principal Pricing Analyst role. Mention specific projects where you've influenced pricing strategy and how your data science skills can benefit the company.
Showcase Relevant Skills: Clearly outline your proficiency in Excel, SAS, SQL, and any programming languages like Python. Highlight your understanding of modelling techniques and price optimisation to demonstrate your suitability for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in the actuarial field.
How to prepare for a job interview at Hawksworth
✨Showcase Your Actuarial Knowledge
Make sure to highlight your understanding of actuarial methods and principles during the interview. Be prepared to discuss specific projects where you've applied these skills, especially in a pricing context.
✨Demonstrate Data Science Skills
Since data science skills are preferable for this role, be ready to talk about your experience with data handling tools like SAS, SQL, or Python. Consider bringing examples of how you've used these tools to influence pricing strategies.
✨Familiarity with Software Tools
If you have experience with Willis Towers Watson's software like Radar and Emblem, make sure to mention it. If not, do some research on these tools and be prepared to discuss how similar software has been beneficial in your previous roles.
✨Understand the Regulatory Environment
Having knowledge of the general insurance regulatory environment is crucial. Brush up on current regulations and be ready to discuss how they impact pricing strategies and decision-making in your past roles.