At a Glance
- Tasks: Join the Risk Rating & Pricing team to develop and manage innovative insurance pricing systems.
- Company: Global insurance leader offering a dynamic and collaborative work environment.
- Benefits: Hybrid work model, competitive pay, and opportunities for professional growth.
- Other info: Perfect for tech-savvy individuals with a passion for problem-solving and innovation.
- Why this job: Make a real impact in the insurance industry while working with cutting-edge technology.
- Qualifications: Experience in pricing systems and programming languages like Python or C++ is a plus.
The predicted salary is between 50000 - 60000 £ per year.
We are currently recruiting for a software engineer with Pricing / Underwriting experience to join one of our Global Insurance clients on a 12-month contract Inside IR35 - Hybrid.
Responsibilities:
- Sits within the Risk Rating & Pricing team.
- This role will support the internal development of the Risk Rating & Pricing team, made up of actuaries with domain expertise and software engineers, who manage the development of products in various pricing systems.
- Creating, deploying and managing the process for new product specifications to be developed in pricing systems.
- Updating and managing the process for changes to product specifications for implemented pricing system products.
- Configuration of pricing system products including the drafting of documents, development of user interfaces, workflow tools and broker portals.
- Working with stakeholders to elicit, document, configure and test requirements.
- Managing and maintaining the quality of data at each stage in the underwriting and reporting process.
Experience:
- Experience of configuring pricing system products previously and/or experience of writing, testing and developing within a programming language such as XML, C++, Python and R or similar would be equally useful.
- Ability to work with business stakeholders to translate and prioritise business requirements into technical solutions is highly desirable.
- An understanding of technology in product development is highly desirable.
- An understanding of full project lifecycle in a structured environment would be an advantage.
- Strong writing skills to produce comprehensive and accurate documentation.
- Knowledge and understanding of Microsoft technologies.
- The role would be suitable for someone with a technical degree or background in computing or a STEM subject (Science, technology, engineering, and mathematics).
Software Engineer - Insurance Pricing in London employer: Lorien
Join a leading global insurance firm that values innovation and collaboration, offering a dynamic work environment where your contributions directly impact the development of cutting-edge pricing systems. With a strong focus on employee growth, you will have access to continuous learning opportunities and the chance to work alongside industry experts in a hybrid setting that promotes work-life balance. This role not only allows you to enhance your technical skills but also to engage with diverse stakeholders, making it a rewarding experience for those looking to make a meaningful impact in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Software Engineer - Insurance Pricing in London
✨Tap into Local Agencies
For temporary roles like the one at Lorien, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Lorien knows you can adapt quickly to their needs!
We think you need these skills to ace Software Engineer - Insurance Pricing in London
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Lorien's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Lorien
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Lorien. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
