Lead Reinsurance Pricing Actuary

Lead Reinsurance Pricing Actuary

Full-Time 80000 - 100000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead the development of pricing tools and influence underwriting strategies.
  • Company: Join a collaborative and inclusive team at Antares.
  • Benefits: Enjoy competitive salary, career growth, and a supportive work culture.
  • Other info: Dynamic environment with opportunities for personal and professional development.
  • Why this job: Make a real impact in the reinsurance industry while developing your skills.
  • Qualifications: 2:1 in a numerate degree and qualified actuary.

The predicted salary is between 80000 - 100000 £ per year.

At Antares, our success starts with our people. We’re a collaborative and inclusive organisation where every voice is valued, and every individual can grow and thrive. We combine deep expertise with a supportive culture to deliver outstanding results for our clients and a fulfilling experience for our colleagues.

Key Accountabilities

  • Take overall responsibility for the development of pricing and rating tools.
  • Develop strategic relationships with key underwriting function heads to influence overall underwriting strategy.
  • Ensure pricing controls and systems of governance, quality and qualification of pricing data capture are fit for purpose for all case pricing carried out by the actuarial team.
  • Actuarial peer-review.
  • Influence and engage with wider stakeholders outside of actuarial pricing.
  • Dictate specific training and development requirements in actuarial students in pricing techniques.
  • Team management: provide clear direction, goals, targets and constructive feedback for team members.
  • Amalgamate personal objectives of team members with those of the company.
  • Foster collaboration within and across teams.
  • Drive culture through open communication and demonstrated leadership behaviour.
  • Develop and implement the annual performance review process including objective development and developmental plans for team members.
  • Support team in identifying and addressing performance gaps, career aspirations and strategies for retention of key talent.
  • Take responsibility for own and colleagues’ health & safety at all times.
  • Ensure customers are treated fairly at all times, in accordance with the conduct risk policy and other relevant policies and procedures.
  • Be aware of and adhere to all obligations under GDPR, ensuring that the business complies with these requirements.
  • Avoid breaches and report them to the Data Protection Officer when they occur regardless of whether electronic or on paper.
  • Maintain compliance with regulatory activities and company policies and procedures.

Knowledge & Qualifications

  • 2:1 in a numerate degree.
  • Qualified actuary in the UK, US or Europe.
  • Communication / Management skills: works well as part of a high‑performing team, providing support and coaching as well as able to work on own initiative.
  • Good soft skills, seeking to continue to develop and improve capability of self and other team members.
  • Manage relationships with senior management e.g., CUOs, heads of underwriting functions and heads of claims functions.
  • Pro-active, takes the initiative and adopts a positive approach to challenges seeking to make improvements.
  • Ability to organise the team’s workloads, manage time, meet deadlines and prioritise.
  • Diligent, has drive to resolve issues.
  • Ability to identify areas for improvement and develop solutions to facilitate said improvements.
  • Strong written and verbal communication with range of stakeholders.
  • Technical actuarial / statistical skills, general commercial and financial knowledge.
  • Strong analytical skills with attention to detail; accurate and numerate.
  • Knowledge of actuarial techniques for pricing primary and secondary, risk & aggregate excess‑of‑loss insurance.
  • Knowledge of actuarial techniques for pricing proportional and excess‑of‑loss reinsurance products.
  • Familiarity with simulation techniques used for pricing loss‑sensitive product features.
  • Familiarity with jargon and practices in London Market and UK commercial lines insurance and reinsurance.
  • Understanding of actuarial techniques used in reserving property and casualty insurance and treaty reinsurance.
  • Experience in using a programming language such as VBA, R, Python or SQL (very desirable).

Lead Reinsurance Pricing Actuary employer: LE010 Antares Global Management Limited

At Antares, we pride ourselves on being an exceptional employer, fostering a collaborative and inclusive work environment where every team member is empowered to grow and thrive. Our commitment to employee development is reflected in our supportive culture, comprehensive training programmes, and clear pathways for career advancement, all set against the vibrant backdrop of London, a hub for innovation and opportunity in the insurance sector.

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Contact Details:

LE010 Antares Global Management Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Lead Reinsurance Pricing Actuary

Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work at Antares or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.

Tip Number 2

Prepare for the interview by researching Antares and its culture. Understand their values and how they align with your own. This will help you showcase why you're the perfect fit for their collaborative environment.

Tip Number 3

Practice your soft skills! Since communication is key for this role, consider doing mock interviews with friends or mentors. Get comfortable discussing your experience and how it relates to the job description.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Lead Reinsurance Pricing Actuary

Actuarial Techniques for Pricing
Statistical Skills
Communication Skills
Team Management
Analytical Skills
Attention to Detail
Time Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Lead Reinsurance Pricing Actuary role. Highlight your relevant experience and skills, especially those related to pricing techniques and team management. We want to see how you can contribute to our collaborative culture!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our values at Antares. Don’t forget to mention your communication skills and ability to influence stakeholders.

Showcase Your Technical Skills:Since this role requires strong analytical and technical skills, make sure to highlight your experience with actuarial techniques and programming languages like VBA, R, or Python. We love seeing candidates who are proactive and eager to improve!

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll get to explore more about our company culture while you’re there!

How to prepare for a job interview at LE010 Antares Global Management Limited

Know Your Numbers

As a Lead Reinsurance Pricing Actuary, you’ll need to demonstrate your technical prowess. Brush up on actuarial techniques and be ready to discuss specific examples of how you've applied them in previous roles. This shows you’re not just familiar with the theory but can also put it into practice.

Build Relationships

Antares values collaboration, so think about how you can showcase your relationship-building skills. Prepare examples of how you've successfully worked with underwriting heads or other stakeholders to influence decision-making. Highlighting your ability to foster strategic relationships will resonate well.

Showcase Leadership Skills

Since this role involves team management, be prepared to discuss your leadership style. Share experiences where you’ve provided direction, set goals, or offered constructive feedback. Antares is looking for someone who can drive culture through open communication, so emphasise your approach to team dynamics.

Stay Compliant and Ethical

Understanding compliance and ethical standards is crucial in this role. Familiarise yourself with GDPR and other relevant policies. Be ready to discuss how you’ve ensured compliance in past positions, as this will show that you take these responsibilities seriously and can maintain high standards at Antares.