Deputy Chief Actuary

Deputy Chief Actuary

London Full-Time 57600 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead pricing strategy and mentor actuarial teams in a dynamic environment.
  • Company: Join a top-tier insurer known for innovation and excellence.
  • Benefits: Enjoy competitive pay, career growth opportunities, and a collaborative culture.
  • Why this job: Make a real impact on pricing strategies while working with industry leaders.
  • Qualifications: Strong actuarial background with leadership experience required.
  • Other info: This is a unique chance to influence at a senior level.

The predicted salary is between 57600 - 84000 £ per year.

Job Description

We are partnered exclusively with a leading insurer to find them a Deputy Chief Actuary with a strategic focus on pricing. This is a rare opportunity to join a high-calibre executive team and influence pricing direction at a senior level.

As Deputy Chief Actuary – Pricing, you'll play a pivotal role in shaping and leading pricing strategy across a diverse and growing portfolio. You'll work closely with the Chief Actuary and executive team, while also managing and mentoring high-performing actuarial teams. This role is not limited to but includes:

  • Leading the development and execution of pricing strategies across multiple product lines.

  • Driving innovation in actuarial pricing models, methodologies, and tools.

  • Collaborating cross-functionally with underwriting, finance, product, and analytics teams.

  • Representing actuarial pricing at board and regulatory level.

  • Acting as a trusted advisor to the Chief Actuary, deputising as needed and contributing to wider business strategy.

For more information please apply.

Deputy Chief Actuary employer: High Finance (UK) Limited T/A HFG

As a leading insurer, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to excel. The Deputy Chief Actuary role offers not only competitive remuneration and benefits but also unparalleled opportunities for professional growth and development within a high-calibre executive team. Join us in a vibrant location where innovation thrives, and your contributions will directly influence the future of our pricing strategies.
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Contact Detail:

High Finance (UK) Limited T/A HFG Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Deputy Chief Actuary

✨Tip Number 1

Network with professionals in the insurance and actuarial fields. Attend industry conferences or seminars where you can meet key players and learn about the latest trends in pricing strategies.

✨Tip Number 2

Stay updated on regulatory changes and market dynamics that affect pricing in the insurance sector. This knowledge will help you demonstrate your strategic thinking during interviews.

✨Tip Number 3

Prepare to discuss your experience in leading teams and driving innovation in pricing models. Be ready to share specific examples of how you've successfully influenced pricing strategies in previous roles.

✨Tip Number 4

Familiarise yourself with the company's portfolio and their current pricing strategies. This will allow you to tailor your discussions and show how you can add value to their executive team.

We think you need these skills to ace Deputy Chief Actuary

Advanced Actuarial Skills
Pricing Strategy Development
Leadership and Team Management
Statistical Modelling
Data Analysis and Interpretation
Cross-Functional Collaboration
Regulatory Knowledge
Communication Skills
Strategic Thinking
Problem-Solving Skills
Financial Acumen
Project Management
Innovation in Pricing Models
Mentoring and Coaching

Some tips for your application 🫡

Understand the Role: Take time to thoroughly read the job description for the Deputy Chief Actuary position. Understand the key responsibilities, such as leading pricing strategies and collaborating with various teams, to tailor your application accordingly.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in pricing strategy and actuarial work. Provide specific examples of how you've led teams or projects that align with the responsibilities outlined in the job description.

Showcase Leadership Skills: Since this role involves managing and mentoring high-performing teams, make sure to highlight your leadership skills. Discuss any previous experiences where you successfully guided a team or influenced strategic decisions.

Tailor Your Application: Customise your cover letter to reflect your understanding of the company’s goals and how you can contribute to their pricing direction. Mention any innovative approaches you've implemented in past roles that could benefit the insurer.

How to prepare for a job interview at High Finance (UK) Limited T/A HFG

✨Understand the Role

Make sure you have a clear understanding of the Deputy Chief Actuary role and its responsibilities. Familiarise yourself with pricing strategies and how they impact the overall business. This will help you articulate your vision and approach during the interview.

✨Showcase Your Leadership Skills

As this role involves managing and mentoring teams, be prepared to discuss your leadership style and experiences. Share specific examples of how you've successfully led teams in the past, particularly in developing pricing strategies or innovative actuarial models.

✨Prepare for Cross-Functional Collaboration

Since the position requires collaboration with various departments, think about how you can demonstrate your ability to work cross-functionally. Prepare examples of past collaborations with underwriting, finance, or analytics teams that led to successful outcomes.

✨Be Ready for Strategic Discussions

Expect to engage in discussions about broader business strategy and how pricing fits into it. Brush up on current trends in the insurance industry and be ready to share your insights on how pricing can drive business success.

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