At a Glance
- Tasks: Lead the development of innovative pricing models using Python and collaborate across teams.
- Company: Join Brit, a forward-thinking company dedicated to helping businesses thrive amidst uncertainty.
- Benefits: Enjoy a diverse and inclusive work environment with opportunities for professional and personal growth.
- Why this job: Make a real impact in risk management while working in a supportive and empowering culture.
- Qualifications: Qualified Actuary with experience in General Insurance pricing is essential.
- Other info: Located in the iconic Leadenhall Building, easily accessible by public transport.
The predicted salary is between 43200 - 72000 £ per year.
Job Details: Lead Actuary – Predictive Modelling
Full details of the job.
Vacancy Name: Lead Actuary – Predictive Modelling
Employment Type: Permanent
Location: London
Role Details
We’re looking for a Pricing Actuary.
About Brit
At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist: to help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver risk services. Our team is empowered to help our customers not only survive the risks they face but also stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn’t something to fear but to seize; it’s full of potential — not only for our customers but for our employees too.
We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving – both professionally and emotionally. If you’re looking for a place to make a real difference, read on.
What you’ll be doing
You’ll support Brit’s underwriting product owners in the continuous delivery of market-leading pricing capability. The focus of this role will be on the implementation, development, and continuous improvement of analytical products like pricing models using Python as part of the Brit Actuarial Analytics – Pricing team.
You’ll collaborate across group functions (wider actuarial, underwriting, claims, data engineering, etc.) to support the development & implementation of pricing algorithms across classes in Python, in line with the agreed plans, ensuring appropriate levels of input and feedback. This includes ensuring models are appropriate and add value to the risk selection process.
You’ll communicate the key insights and recommendations from pricing algorithm reviews, including any uncertainties & limitations, to key stakeholders, including underwriting, wider actuarial, and other analytical teams.
You’ll be a qualified Actuary with experience in General Insurance pricing, allowing you to apply expert knowledge to deliver creative and pragmatic solutions to complex problems across functional areas for relevant classes/divisions.
Our Actuarial team empower underwriters to make better, data-driven decisions.
We welcome everyone wholeheartedly.
Our Environment and Accessibility
We’ve got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we’ll be respected, valued, and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations, and suggestions about how we do things.
Our office is located in the Leadenhall Building on Leadenhall Street (EC3V 4AB), on floors 16–18 and 39. All floors are accessible by lift, with building staff available to assist.
The closest train/underground/DLR stations are: Liverpool Street (7 mins), Bank (6 mins), Fenchurch Street (6 mins), and Aldgate (7 mins).
The nearest bus stop is St Mary Axe (Stop LR or Z), just outside the building.
If you have any questions regarding accessibility, please ask.
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Lead Actuary – Predictive Modelling employer: Ki Insurance
Contact Detail:
Ki Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Actuary – Predictive Modelling
✨Tip Number 1
Familiarise yourself with the latest trends in predictive modelling and pricing algorithms, especially in the context of general insurance. This knowledge will not only help you during interviews but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 2
Network with professionals in the actuarial field, particularly those who work at Brit or similar companies. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss specific examples of how you've used Python in your previous roles to develop pricing models or analytical products. Being able to articulate your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Understand Brit's mission and values, particularly their approach to risk and uncertainty. Tailoring your conversations and responses to align with their ethos will show that you're not just looking for a job, but are genuinely interested in contributing to their vision.
We think you need these skills to ace Lead Actuary – Predictive Modelling
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Lead Actuary – Predictive Modelling position. Familiarise yourself with the key skills needed, such as experience in General Insurance pricing and proficiency in Python.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your actuarial qualifications, analytical capabilities, and any previous work with pricing models or data-driven decision-making.
Craft a Compelling Cover Letter: Write a cover letter that not only showcases your qualifications but also reflects your understanding of Brit's mission and values. Explain how your background and expertise can contribute to their goal of helping customers thrive amidst uncertainty.
Highlight Collaboration Skills: Since the role involves working across various teams, be sure to mention any past experiences where you successfully collaborated with different departments. This will demonstrate your ability to communicate insights and recommendations effectively.
How to prepare for a job interview at Ki Insurance
✨Showcase Your Technical Skills
As a Lead Actuary focusing on predictive modelling, it's crucial to demonstrate your proficiency in Python and analytical products. Be prepared to discuss specific projects where you've implemented pricing models and the impact they had on decision-making.
✨Understand the Company’s Vision
Familiarise yourself with Brit's mission to help clients thrive amidst uncertainty. During the interview, express how your values align with theirs and how you can contribute to their goal of delivering market-leading pricing capabilities.
✨Prepare for Collaborative Scenarios
Since the role involves collaboration across various functions, think of examples where you've successfully worked with different teams. Highlight your communication skills and how you’ve facilitated discussions to ensure all stakeholders are aligned.
✨Discuss Problem-Solving Approaches
Be ready to talk about complex problems you've encountered in general insurance pricing and the creative solutions you devised. This will showcase your ability to deliver pragmatic solutions and add value to the risk selection process.