At a Glance
- Tasks: Develop and review pricing models while optimising portfolios for profitable growth.
- Company: Join a leading actuarial team in a rapidly growing insurance firm.
- Benefits: Competitive salary, career development opportunities, and exposure to diverse projects.
- Other info: Engage in innovative projects like new product development and emerging risk assessments.
- Why this job: Expand your actuarial skills and gain commercial insights in a dynamic environment.
- Qualifications: Strong pricing experience in Commercial Lines or London Market required.
The predicted salary is between 60000 - 80000 £ per year.
IGA Talent Solutions is seeking to engage with Actuaries with strong Pricing experience across Commercial Lines or London Market business. This position sits within a large actuarial team and has arisen off the back of continued growth and internal progression. The role offers a strong core focus on Pricing, alongside regular exposure to a broader mix of actuarial and business-focused workstreams. It is well suited to someone looking to build on their technical foundations while developing a more commercial and well-rounded profile.
Key aspects:
- End-to-end pricing model development and review (GLMs and more advanced techniques)
- Portfolio optimisation and rate change strategy, supporting profitable growth decisions
- Pricing and underwriting reviews, providing insight into methodologies and performance
- Supporting delegated authority / MGA pricing oversight and governance
- Development of pricing tools, dashboards, and analytical capability
- Involvement in pricing enhancement and system development initiatives
- Reserving deep dives and claims trend analysis to support business insight
- Capital and profitability analysis, linking pricing decisions to financial outcomes
- Model validation and governance work across pricing and risk frameworks
- Supporting broader change initiatives across data, systems, and processes
- Exposure to portfolio reviews and strategic business assessments
- Involvement in "special projects" such as new product development, market entry analysis, or emerging risk assessments (e.g. climate, cyber)
You will work across a broad mix of business including UK Commercial and Retail portfolios, as well as Lloyd's / London Market and Specialty lines, gaining exposure to different underwriting models and approaches to pricing and performance. For an actuary at this stage of their career, this role offers the opportunity to broaden beyond core pricing into more commercially-focused work, developing stronger judgement and business understanding alongside technical expertise.
Actuarial Pricing Manager (Non-Life Insurance) in London employer: IGA Talent Solutions
As a leading UK financial services organisation, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our flexible working arrangements empower you to achieve a healthy work-life balance while contributing to impactful investment strategies in a highly regulated environment. Join us to be part of a well-established team that values innovation, sustainability, and collaboration, offering you the chance to make a meaningful difference in the financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Pricing Manager (Non-Life Insurance) in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like IGA Talent Solutions). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like IGA Talent Solutions. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Actuarial Pricing Manager (Non-Life Insurance) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at IGA Talent Solutions.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IGA Talent Solutions. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at IGA Talent Solutions
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IGA Talent Solutions to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at IGA Talent Solutions, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding IGA Talent Solutions's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
