Senior Actuarial Pricing Analyst

Senior Actuarial Pricing Analyst

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

  • Tasks: Develop and enhance pricing models while collaborating with underwriters in a fast-paced environment.
  • Company: Join a dynamic specialty insurer known for its innovative approach and agile culture.
  • Benefits: Enjoy hands-on experience, mentorship from leaders, and opportunities for professional growth.
  • Why this job: Be part of strategic pricing decisions that impact the business and gain valuable insights.
  • Qualifications: A background in actuarial science or related fields is essential; analytical skills are a must.
  • Other info: This role offers exposure to various lines of business and group-wide projects.

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. The company fosters a supportive work culture that encourages professional development and offers unique advantages such as hands-on exposure to diverse lines of business and involvement in impactful group-wide projects.
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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

Network with professionals in the insurance and actuarial fields. Attend industry events or join relevant online forums to connect with current employees at specialty insurers. This can give you insights into the company culture and potentially lead to referrals.

✨Tip Number 2

Familiarise yourself with the latest actuarial software and tools used in pricing analysis. Being proficient in these technologies can set you apart from other candidates and demonstrate your commitment to staying current in the field.

✨Tip Number 3

Prepare to discuss specific examples of how you've contributed to pricing models or analyses in previous roles. Highlighting your hands-on experience will show that you can hit the ground running in this fast-paced environment.

✨Tip Number 4

Research the company's recent projects and initiatives related to pricing strategies. Being able to reference these during your discussions will demonstrate your genuine interest in the role and the organisation, making you a more compelling candidate.

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 lines of business you've worked with. 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 areas like pricing adequacy assessments and strategic pricing decisions.

Showcase Analytical Skills: Since the role involves monitoring business performance and conducting ad hoc analysis, be sure to provide examples of your analytical skills. Mention any tools or methodologies you are proficient in that relate to data analysis and pricing strategies.

How to prepare for a job interview at HFG Insurance Recruitment

✨Know Your Pricing Models

Make sure you have a solid understanding of various pricing models relevant to the insurance industry. Be prepared to discuss how you've developed or enhanced these models in your previous roles.

✨Showcase Collaboration Skills

This role involves close collaboration with underwriters and actuarial leaders. Be ready to share examples of how you've successfully worked in teams, particularly in fast-paced environments.

✨Prepare for Technical Questions

Expect technical questions related to pricing adequacy assessments and business performance metrics. Brush up on your analytical skills and be ready to demonstrate your thought process during problem-solving scenarios.

✨Highlight Strategic Thinking

The position requires driving strategic pricing decisions. Prepare to discuss instances where you've contributed to strategic planning or decision-making processes, showcasing your ability to think critically and strategically.

Senior Actuarial Pricing Analyst
HFG Insurance Recruitment
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