At a Glance
- Tasks: Join our cyber actuarial team to analyse data and build pricing models.
- Company: Work with a leading global Re/Insurer known for innovation in the industry.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Be part of a rapidly growing team making an impact in cyber risk management.
- Qualifications: 1-3 years experience in actuarial roles and exam progression required.
- Other info: This role offers a chance to develop cutting-edge tools for continuous pricing.
The predicted salary is between 36000 - 60000 £ per year.
We have partnered with a market leading global Re/Insurer to assist them in finding a Pricing Analyst with 1-3 years experience. This role includes:
- Working in the cyber actuarial team providing expert analytical support to brokers and clients.
- Dealing with large data sets and assisting with pricing model building.
- Developing and automating new and existing modelling processes.
- Research and development within cyber and development of tools allowing continuous pricing and monitoring of cyber exposures and data management.
- Dynamic Financial Analysis (DFA) modelling; stochastic modelling to investigate the impact of reinsurance structures on P&L, Balance Sheet, and Capital Requirements.
This is an excellent opportunity for an Actuarial Analyst to move into a rapidly growing cyber team.
Minimum Requirements:
- Exam progression.
- Right to work in the UK.
Actuarial Reinsurance Pricing Analyst employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Reinsurance Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in cyber insurance and reinsurance. Understanding the current market landscape will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the actuarial and reinsurance fields. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Brush up on your data analysis skills, particularly with tools commonly used in actuarial modelling. Being proficient in software like R, Python, or Excel will give you a competitive edge when discussing your capabilities with potential employers.
✨Tip Number 4
Prepare for technical interviews by practising common actuarial problems and case studies related to pricing models. This will help you articulate your thought process and problem-solving skills effectively during the interview.
We think you need these skills to ace Actuarial Reinsurance Pricing Analyst
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Actuarial Reinsurance Pricing Analyst position. Understand the key responsibilities, such as working with large data sets and developing pricing models, to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any experience you have that aligns with the role, particularly in cyber actuarial work or data analysis. Mention specific projects or tasks where you've dealt with similar responsibilities.
Showcase Technical Skills: Make sure to highlight your technical skills relevant to the position, such as proficiency in statistical software or programming languages used for modelling. This is crucial for a role that involves automating modelling processes.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Discuss why you're interested in the cyber team and how you can contribute to their growth.
How to prepare for a job interview at HFG
✨Showcase Your Analytical Skills
As a Pricing Analyst, you'll be dealing with large data sets and building pricing models. Be prepared to discuss your experience with data analysis and any relevant tools or software you've used. Highlight specific examples where your analytical skills made a difference.
✨Understand Cyber Risk
Since this role is within the cyber actuarial team, it's crucial to demonstrate your understanding of cyber risks and their implications on insurance. Brush up on current trends in cyber insurance and be ready to discuss how they might affect pricing strategies.
✨Discuss Your Modelling Experience
The job involves developing and automating modelling processes. Be ready to talk about your experience with modelling, including any stochastic modelling techniques you've used. If you have examples of how you've improved existing models, share those too!
✨Prepare Questions About the Role
Interviews are a two-way street. Prepare insightful questions about the company's approach to cyber risk, their modelling processes, and how the team collaborates. This shows your genuine interest in the role and helps you assess if it's the right fit for you.