Actuarial Analyst - Pricing (Graduate Programme) in North Shields

Actuarial Analyst - Pricing (Graduate Programme) in North Shields

North Shields Entry level 22000 - 36000 £ / year (est.) Home office (partial)
Intellect Group

At a Glance

  • Tasks: Join our team to develop and price insurance products for new drivers and couriers.
  • Company: A leading insurance company in North Shields, specialising in innovative insurance solutions.
  • Benefits: Enjoy hybrid work, competitive salary, professional development, and exciting perks.
  • Other info: Salary increases every 6 months; great team culture.
  • Why this job: Kickstart your actuarial career in a supportive environment with hands-on experience.
  • Qualifications: Degree in Data Science, Mathematics, or Actuarial Science; internships preferred.

The predicted salary is between 22000 - 36000 £ per year.

Actuarial Analyst - Pricing (Graduate Programme) Location: North Shields, Newcastle upon Tyne (Hybrid, 2-3 days in office per week, flexible) We are seeking a motivated Entry-Level/Junior Actuarial Pricing Analyst to join our growing team at a leading insurance company based in North Shields, Newcastle upon Tyne . Specializing in new driver, learner, taxi, and courier insurance, we offer a fantastic opportunity for a recent graduate or early-career actuarial professional to gain hands-on experience in pricing models. Key Responsibilities: Assist in the development and pricing of insurance products tailored to new drivers, learners, taxi drivers, and couriers. Collaborate with senior actuaries to analyse data, build pricing models, and assess risks for various insurance segments. Contribute to the preparation and presentation of pricing recommendations. Help maintain and refine actuarial assumptions for both existing and new products. Support pricing strategies to ensure competitive and sustainable pricing models. Ideal Candidate: A degree in Data Science , Mathematics & Statistics , Actuarial Science , or a related field. A Master’s degree in a relevant discipline is preferred. Some experience or internships in an actuarial role (preferably with pricing exposure). Strong proficiency in Excel ; experience with R , Python , or other statistical modeling tools is a plus. A strong interest in the insurance industry, particularly pricing. Excellent analytical and problem-solving skills. Good communication skills with a collaborative mindset. What We Offer: Hybrid work arrangement (2-3 days per week in the office). Competitive salary: £26,000 - £30,000 per year (raising every 6 months). Opportunities for professional development and actuarial exams. Discounts, vouchers and other benefits. A dynamic and supportive team environment. Exposure to various areas of actuarial work. If you’re looking to kickstart your actuarial career in a specialised field, we’d love to hear from you. This is a great opportunity to grow and develop within a forward-thinking insurance company. How to Apply: Please click apply now or send your CV to dan.wotherpsoon@intellectgroup.com #J-18808-Ljbffr
Intellect Group

Contact Details:

Intellect Group Recruitment Team

dan.wotherpsoon@intellectgroup.com

StudySmarter Expert Advice🤫

We think this is how you could land Actuarial Analyst - Pricing (Graduate Programme) in North Shields

Dive into Insurance Networking Events

Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!

Join Online Insurance Communities

Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.

Leverage University Resources

If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!

Apply Directly Through Us!

Don't forget to check our website for any entry-level openings at Intellect Group! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.

We think you need these skills to ace Actuarial Analyst - Pricing (Graduate Programme) in North Shields

Analytical Skills
Problem-Solving Skills
Proficiency in Excel
Statistical Modelling
Experience with R
Experience with Python
Data Analysis

Some tips for your application 🫡

Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!

Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.

Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with Intellect Group!

Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!

How to prepare for a job interview at Intellect Group

Know Your Basics: The Insurance Fundamentals

Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.

Prepare for Behavioural Questions

Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.

Show Enthusiasm for Learning

As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like Intellect Group want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.

Research Industry Trends

Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.