At a Glance
- Tasks: Upgrade pricing models and collaborate with underwriters on high-impact projects.
- Company: Leading Lloyd's market insurer with a focus on innovation.
- Benefits: Flexible contract role with opportunities for professional growth.
- Other info: Dynamic environment with the chance to work on exciting projects.
- Why this job: Make a real impact in specialist lines like Marine PI and Political Violence.
- Qualifications: Experience in pricing models and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
We've partnered with a leading Lloyd's market insurer to help them secure a Pricing Actuary to support a key model development project on a contract basis. This is a fantastic opportunity for an actuary looking to step out of a permanent role and into contracting, with the chance to work on high-impact pricing models in specialist lines including Marine PI, Political Violence, and Energy Package.
This role includes:
- Upgrading Excel-based pricing models ahead of Rulebook implementation
- Working closely with underwriters to ensure models are tested, refined and agreed
- Supporting pricing activity including account-level pricing, benchmark reviews and portfolio analysis
- Contributing to calibration and model monitoring processes
- Sharing insights and collaborating across the wider pricing team
For more information please apply.
Pricing Model Development - Contract employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Model Development - Contract
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Let them know you're on the lookout for contract opportunities, especially in pricing model development. You never know who might have the inside scoop on a role that’s perfect for you!
✨Tip Number 2
Showcase your skills! When you get the chance to chat with potential employers, be ready to discuss your experience with Excel-based pricing models and any specific projects you've worked on. Highlighting your expertise in areas like Marine PI or Political Violence can really set you apart.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to pop up. Reach out directly to companies you’re interested in, like those in the Lloyd's market. Express your interest in contract roles and ask if they have any upcoming projects where you could lend your skills.
✨Tip Number 4
Apply through our website! We’ve got loads of exciting opportunities waiting for you. By applying directly, you’ll ensure your application gets the attention it deserves, and you’ll be one step closer to landing that contract role in pricing model development.
We think you need these skills to ace Pricing Model Development - Contract
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing model development and actuarial work. We want to see how your skills align with the specific needs of the role, so don’t be shy about showcasing your expertise!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about this contract opportunity and how your background makes you a perfect fit for the project. Let us know what makes you tick!
Showcase Your Technical Skills: Since this role involves upgrading Excel-based pricing models, make sure to mention your proficiency with Excel and any other relevant tools. We love seeing candidates who can hit the ground running with technical skills!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at HFG
✨Know Your Models
Make sure you brush up on your knowledge of pricing models, especially those related to Marine PI, Political Violence, and Energy Package. Be ready to discuss how you've upgraded or developed similar models in the past.
✨Collaborate Like a Pro
Since this role involves working closely with underwriters, think about examples where you've successfully collaborated with different teams. Prepare to share how you ensured models were tested and refined through teamwork.
✨Excel Skills Are Key
As you'll be upgrading Excel-based pricing models, be prepared to demonstrate your Excel skills. Consider bringing along examples of complex spreadsheets you've worked on, and be ready to discuss your approach to model development.
✨Show Your Analytical Side
This position requires strong analytical skills for account-level pricing and portfolio analysis. Think of specific instances where your analytical abilities made a significant impact, and be ready to discuss your thought process during the interview.