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For Companies At a Glance
- Tasks: Deliver high-quality numerical insights and advice to (re)insurance brokers and clients.
- Company: Join a leading insurance client that's established yet growing, with a supportive team.
- Benefits: Enjoy a competitive salary up to £120,000, bonuses, and flexible working options.
- Why this job: This role offers the chance to build bespoke models and manage a team in the future.
- Qualifications: Must be a fully qualified actuary with senior experience and excellent communication skills.
- Other info: Great opportunity for career growth in a dynamic London market.
The predicted salary is between 72000 - 168000 £ per year.
Arthur is proud to collaborate with a global underwriting firm specialising in insurance and reinsurance to find a Senior Actuary focusing on Pricing Standards and Governance.
This role, based in London, offers an opportunity to enhance pricing frameworks and support strategic decision-making.
Responsibilities:
- Develop and maintain pricing model standards and governance frameworks.
- Ensure consistent pricing practices across all product lines and legal entities.
- Oversee the annual cycle of pricing model updates and profitability reviews.
- Manage integration of pricing models into hosting platforms and data systems.
- Define portfolio analysis standards and validate analytical outputs.
- Lead technical pricing reviews for material contracts and programs.
- Support business planning and IELR parameterization processes.
- Deliver training sessions for stakeholders on pricing methods and tools.
Requirements:
- Qualified pricing actuary with extensive experience in London market insurance and reinsurance.
- Proficiency in Excel, with knowledge of Power BI, SQL, Python, or R being advantageous.
- Strong analytical and commercial judgment, able to provide actionable insights.
- Effective communication skills, particularly when engaging with underwriters or brokers.
- Ability to manage deadlines and implement structured solutions.
Right to Work:
Applicants must have the right to work in the UK. Unfortunately, sponsorship is not available for this role.
Senior Actuary employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuary
✨Tip Number 1
Network with professionals in the London Market. Attend industry events or webinars where you can meet potential colleagues and decision-makers. Building these connections can give you insights into the company culture and the specific needs of the role.
✨Tip Number 2
Stay updated on the latest trends and developments in actuarial science, especially related to syndicate pricing. This knowledge will not only enhance your discussions during interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to discuss your experience with bespoke actuarial pricing models. Be ready to share specific examples of how your work has positively impacted stakeholders' understanding of risk profiles.
✨Tip Number 4
Highlight your leadership ambitions. Since the team is expanding, express your interest in managing people and how your previous experiences have prepared you for this responsibility.
We think you need these skills to ace Senior Actuary
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasize your experience as a Senior Actuary, particularly in the London Market and syndicate pricing. Use specific examples to demonstrate your expertise and how it aligns with the job requirements.
Showcase Communication Skills: Since excellent communication skills are essential for this role, include instances where you've effectively communicated complex actuarial concepts to non-technical stakeholders. This will show that you can deliver high-quality numerical insight and advice.
Tailor Your CV: Customize your CV to reflect the key skills and experiences mentioned in the job description. Highlight your qualifications and any leadership experience, especially if you have ambitions to manage people in the future.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the opportunity to work with the company. Mention why you are drawn to their team and how you can contribute to their growth.
How to prepare for a job interview at Arthur Recruitment
✨Showcase Your Experience
Be prepared to discuss your previous experience as a Senior Actuary, particularly in the London Market. Highlight specific projects where you developed pricing models or analytical frameworks, and how they contributed to stakeholder understanding.
✨Demonstrate Communication Skills
Since excellent communication skills are essential for this role, practice explaining complex actuarial concepts in simple terms. Be ready to provide examples of how you've effectively communicated insights to clients or brokers in the past.
✨Discuss Future Management Ambitions
The team is expanding, so express your ambition to manage people in the future. Share any relevant leadership experiences or how you envision contributing to team growth and development.
✨Prepare for Technical Questions
Expect technical questions related to syndicate pricing and actuarial methodologies. Brush up on your knowledge and be ready to solve problems or case studies that demonstrate your analytical skills.
