At a Glance
- Tasks: Lead pricing for various business lines and develop innovative pricing models.
- Company: Join a collaborative and innovative insurance company focused on enabling possibilities.
- Benefits: Access to study days, career development resources, and competitive benefits.
- Other info: Dynamic team environment with opportunities for professional growth and communication across teams.
- Why this job: Make a real impact in the London Market with your actuarial expertise.
- Qualifications: Experience in London Market pricing and proficiency in Excel; SQL/Python skills are a plus.
The predicted salary is between 45000 - 55000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility(SM).
Arch are recruiting for a Senior Actuarial Analyst with experience in London Market pricing to join the Pricing team. The role will support the Pricing function in a number of key areas:
- Take responsibility for the day to day pricing for several lines of business.
- The development and maintenance of pricing models (including the transition of pricing models from Excel to HX Renew where necessary). As part of the initiative to transition from Excel models to online platforms, experience in HX Renew and EASA are required.
- Large account analysis and pricing: Use sophisticated actuarial techniques to assess the pricing adequacy of large account opportunities and communicate results and key drivers to underwriters and senior management. Communication is a key part of this role.
- Portfolio Management: Develop reports and analysis to monitor the performance of segments within Arch’s London Market insurance business and communicate key findings to underwriters and senior management.
- Exposure to other functions including Reserving and Planning will be expected.
- Be a key communication channel with our actuarial team in Manila.
The candidate must:
- Have several years of experience in London Market pricing.
- Have technical proficiency in Excel, with proficiency in SQL, Python and/or HX Renew an advantage.
- Be undertaking an Actuarial qualification.
- Be a problem solver, be inquisitive and work well both independently and as part of a team.
- Be personable and able to communicate at all levels within the organisation.
As well as developing your technical knowledge, we will provide you access to excellent benefits as part of your career development e.g. study days to focus on your qualification with a range of study materials.
If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria.
Senior Actuarial Analyst employer: Mcneil & Co.
Contact Detail:
Mcneil & Co. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Senior Actuarial Analyst role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with London Market pricing and any technical skills you have. Don’t be shy about discussing your proficiency in Excel, SQL, or Python!
✨Ask Questions
During interviews, don’t just wait for them to ask you questions. Show your interest by asking about the team dynamics, the transition to HX Renew, or how they approach portfolio management. It shows you’re engaged and serious about the role.
✨Apply Through Our Website
If you see a job that fits, apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, you can set up job alerts to stay updated on new openings that match your skills.
We think you need these skills to ace Senior Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Actuarial Analyst role. Highlight your experience in London Market pricing and any relevant technical skills like SQL or Python. We want to see how your background aligns with what we're looking for!
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 you can contribute to our Pricing team. Be personable and let your enthusiasm for the position come through.
Showcase Your Communication Skills: Since communication is key in this role, make sure to demonstrate your ability to convey complex actuarial concepts clearly. Whether it's in your CV or cover letter, we want to see how you can effectively communicate with both technical and non-technical audiences.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values.
How to prepare for a job interview at Mcneil & Co.
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll be dealing with complex pricing models. Brush up on your technical skills in Excel, SQL, and Python before the interview. Be ready to discuss how you've used these tools in past roles, especially in relation to London Market pricing.
✨Communicate Clearly
Communication is key in this role, so practice explaining your analytical findings in simple terms. Prepare examples of how you've effectively communicated complex actuarial concepts to non-technical stakeholders. This will show that you can bridge the gap between data and decision-making.
✨Show Your Problem-Solving Skills
Be prepared to discuss specific challenges you've faced in your previous roles and how you approached solving them. Think about instances where you had to analyse large accounts or develop pricing models, and highlight your thought process and the outcomes.
✨Understand the Company Culture
Research Arch's company culture and values. They emphasise collaboration and innovation, so think of examples from your experience that demonstrate your ability to work well in a team and contribute to innovative solutions. This will help you align your answers with what they're looking for.