Senior Actuarial Pricing Analyst

Senior Actuarial Pricing Analyst

Wolverhampton Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a team to develop and enhance pricing models while collaborating with underwriters.
  • Company: Be part of a dynamic specialty insurer that values innovation and agility.
  • Benefits: Enjoy a fast-paced environment with opportunities for professional growth and collaboration.
  • Why this job: Gain hands-on experience in a variety of business lines and contribute to strategic pricing decisions.
  • Qualifications: Ideal for those with actuarial knowledge and a passion for data analysis.
  • Other info: This role offers the chance to lead group-wide pricing projects and support senior management.

The predicted salary is between 48000 - 72000 £ per year.

We are working with a dynamic and forward-thinking specialty insurer in the search for an Actuarial Pricing Analyst to join their team. This role provides hands-on exposure to a wide variety of lines of business and close collaboration with senior underwriters and actuarial leaders in a fast-paced and agile environment.

Key Responsibilities:

  • Develop, review, and enhance pricing models across various lines of business.
  • Support underwriters with pricing adequacy assessments on individual accounts and binders.
  • Monitor business performance and develop actionable insights based on pricing metrics.
  • Deliver rate change and price adequacy analysis at class and risk level.
  • Collaborate with underwriting to drive strategic pricing decisions.
  • Contribute to business planning and parameterisation of internal models.
  • Lead and support group-wide pricing projects.
  • Conduct ad hoc analysis to support senior management.

Please apply for more information:

Senior Actuarial Pricing Analyst employer: HFG Insurance Recruitment

Join a dynamic and forward-thinking specialty insurer that values innovation and collaboration, making it an excellent employer for a Senior Actuarial Pricing Analyst. With a strong emphasis on employee growth, you will have the opportunity to work closely with senior underwriters and actuarial leaders in a fast-paced environment, enhancing your skills while contributing to strategic pricing decisions. Located in a vibrant area, the company offers a supportive work culture, competitive benefits, and unique opportunities to lead group-wide projects, ensuring a rewarding and meaningful career path.
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Contact Detail:

HFG Insurance Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuarial Pricing Analyst

✨Tip Number 1

Familiarise yourself with the latest actuarial pricing models and methodologies. Being able to discuss recent trends and innovations in pricing during your interview will show that you're proactive and knowledgeable about the field.

✨Tip Number 2

Network with professionals in the insurance and actuarial sectors. Attend industry events or webinars where you can meet underwriters and actuarial leaders, as this could provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss specific examples of how you've contributed to pricing decisions in previous roles. Highlighting your experience with data analysis and collaboration with underwriters will demonstrate your capability to excel in this position.

✨Tip Number 4

Stay updated on the performance metrics relevant to the lines of business you'll be working with. Showing that you understand how to monitor and interpret these metrics will set you apart as a candidate who can add immediate value.

We think you need these skills to ace Senior Actuarial Pricing Analyst

Advanced Statistical Analysis
Pricing Model Development
Actuarial Software Proficiency
Data Interpretation
Risk Assessment
Collaboration with Underwriters
Business Performance Monitoring
Communication Skills
Project Management
Problem-Solving Skills
Attention to Detail
Agile Methodologies
Financial Modelling
Report Writing

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Actuarial Pricing Analyst. Familiarise yourself with pricing models, business performance metrics, and the collaboration required with underwriters and actuarial leaders.

Tailor Your CV: Highlight your relevant experience in actuarial pricing, model development, and any specific projects you've led. Use keywords from the job description to ensure your CV aligns with what the company is looking for.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills and experiences make you a perfect fit for the position, particularly in relation to pricing adequacy assessments and strategic decision-making.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial in this field.

How to prepare for a job interview at HFG Insurance Recruitment

✨Showcase Your Technical Skills

As a Senior Actuarial Pricing Analyst, you'll need to demonstrate your proficiency in developing and enhancing pricing models. Be prepared to discuss specific tools and methodologies you've used in previous roles, and how they can be applied to the company's diverse lines of business.

✨Understand the Business Context

Familiarise yourself with the specialty insurance market and the specific challenges it faces. This will help you articulate how your insights and analyses can contribute to strategic pricing decisions and overall business performance.

✨Prepare for Scenario-Based Questions

Expect to encounter scenario-based questions that assess your problem-solving abilities. Think about past experiences where you've had to conduct pricing adequacy assessments or lead pricing projects, and be ready to explain your thought process and outcomes.

✨Emphasise Collaboration Skills

Collaboration with underwriters and actuarial leaders is key in this role. Highlight your experience working in teams, particularly in fast-paced environments, and provide examples of how you've successfully driven strategic decisions through effective communication and teamwork.

Senior Actuarial Pricing Analyst
HFG Insurance Recruitment
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  • Senior Actuarial Pricing Analyst

    Wolverhampton
    Full-Time
    48000 - 72000 £ / year (est.)

    Application deadline: 2027-05-01

  • H

    HFG Insurance Recruitment

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