At a Glance
- Tasks: Join a dynamic team to analyse and set pricing strategies for property insurance.
- Company: Work with a leading global insurance giant known for innovation and excellence.
- Benefits: Enjoy competitive salary, flexible working options, and professional development opportunities.
- Why this job: Be part of a collaborative culture that values your input and drives impactful decisions.
- Qualifications: Must have actuarial qualifications and experience in pricing, particularly in property insurance.
- Other info: Opportunity to work closely with underwriting and develop cutting-edge rating tools.
The predicted salary is between 48000 - 72000 £ per year.
We have partnered with the Lloyd's entity of a global insurance giant to find them a senior pricing actuary focusing on Speci/Commercial Property as well as other speci lines. This is a great opportunity to sit with underwriting and see the full spectrum of pricing work from case pricing and portfolio management through to building rating tools in HX and new business exploration.
Senior Pricing Actuary (Property) employer: High Finance (UK) Limited
Contact Detail:
High Finance (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Actuary (Property)
✨Tip Number 1
Network with professionals in the insurance and actuarial fields, especially those who work with Lloyd's or similar entities. Attend industry events or webinars to connect with potential colleagues and learn more about current trends in pricing and underwriting.
✨Tip Number 2
Familiarise yourself with the latest tools and software used in pricing and portfolio management, particularly HX. Demonstrating your proficiency in these tools during interviews can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss specific examples of your experience with case pricing and portfolio management. Be ready to explain how your previous work has contributed to successful outcomes in similar roles.
✨Tip Number 4
Research the company’s recent projects and initiatives in property insurance. Showing that you understand their business model and challenges will demonstrate your genuine interest in the role and help you stand out.
We think you need these skills to ace Senior Pricing Actuary (Property)
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Pricing Actuary position. Familiarise yourself with the specific responsibilities, such as case pricing and portfolio management, to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in pricing actuary roles, particularly in property and commercial lines. Use specific examples that demonstrate your skills in building rating tools and working closely with underwriting teams.
Showcase Technical Skills: Make sure to mention any technical skills relevant to the role, such as proficiency in HX or other actuarial software. Highlighting these skills will show that you are well-equipped for the tasks involved in the position.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Discuss why you are interested in working with a global insurance giant and how you can contribute to their success in pricing strategies.
How to prepare for a job interview at High Finance (UK) Limited
✨Understand the Role
Make sure you have a solid grasp of what a Senior Pricing Actuary does, especially in the context of Property and Commercial lines. Familiarise yourself with case pricing, portfolio management, and the tools used in the industry, such as HX.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with rating tools and any relevant software. Highlight specific projects where you've successfully implemented pricing strategies or developed new business models.
✨Engage with Underwriting Insights
Since this role involves collaboration with underwriting, demonstrate your understanding of how pricing decisions impact underwriting processes. Be ready to discuss how you can bridge the gap between these two functions.
✨Prepare Questions
Have insightful questions ready for your interviewers about their current pricing strategies and challenges. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.