At a Glance
- Tasks: Develop pricing models and support underwriters with technical pricing matters.
- Company: Dynamic insurance firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, flexible working, and strong career development support.
- Other info: Opportunities for travel and continuous learning in a diverse environment.
- Why this job: Join a supportive team and make an impact in the exciting world of insurance pricing.
- Qualifications: Experience in pricing, strong Excel skills, and a degree in a quantitative discipline.
The predicted salary is between 60000 - 80000 £ per year.
A key role within the Pricing team supporting Marine classes of approximately EUR 400m of gross written premium.
Responsibilities
- Develop and maintain strong relationships with Pricing Actuaries, underwriters, product leads and underwriting management.
- Assist with the development and deployment of pricing models into pricing platforms.
- Ensure pricing models comply with the Technical Pricing Framework.
- Analyze internal and external data to build, test and validate technical pricing models.
- Support underwriters with actuarial and technical pricing matters, including case pricing, renewal monitoring, expected loss cost calculations and business planning day-to-day pricing supports.
- Challenge assumptions and decisions where appropriate, bringing an independent pricing view.
- Support Pricing Portfolio Reviews and provide insight into the quality and performance of risks written.
- Maintain and develop management information for analysis and reporting.
- Liaise with other teams, including Catastrophe Modelling, Reserving and Capital Modelling, ensuring consistency between pricing, risk and capital frameworks.
Qualifications
- Strong experience in pricing, ideally within commercial insurance, specialty lines or the London Market.
- Background as a Senior Pricing Analyst, Actuarial Pricing Analyst or similar.
- Degree in Mathematics, Statistics, Actuarial Science or a closely related quantitative discipline.
- Progress towards actuarial qualification or equivalent actuarial/pricing experience.
- Minimum three or more years’ relevant pricing experience.
- Strong Excel skills.
- Experience using programming languages such as SQL, VBA or similar.
- Excellent communication skills, with the ability to explain complex analysis clearly to non-technical stakeholders.
- Confidence working with senior stakeholders and underwriters.
- Strong attention to detail, problem-solving ability and commercial judgement.
Desired Experience
- Python, Pricing model development or model transition work.
- Emblem, R or similar actuarial/pricing software.
- London Market or specialty insurance pricing.
- Working closely with underwriters on technical pricing decisions.
Benefits
- Competitive salary and benefits package.
- Flexible and hybrid working.
- Supportive and collaborative team environment.
- Open culture encouraging new ideas and better ways of working.
- Strong focus on diversity, inclusion and equal opportunities.
- Wellbeing and mental health support.
- Employer-supported volunteering.
- Continuous learning and structured career development.
- Competitive actuarial study support package.
- Opportunities to travel across six global underwriting hubs.
Senior Pricing Analyst in London employer: MS Amlin
As a Senior Pricing Analyst in London, you will thrive in a dynamic and supportive environment that champions collaboration and innovation. Our flexible and hybrid working model allows for a healthy work-life balance, while our commitment to continuous learning and career development ensures that you can grow your skills and advance your career. With a strong focus on diversity and inclusion, we foster an open culture where your ideas are valued, making us an exceptional employer for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst in London
✨Tap into Campus Networks
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like MS Amlin. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Pricing Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to MS Amlin.
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How to prepare for a job interview at MS Amlin
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with MS Amlin.
✨Prepare for Case Studies
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✨Show Your Passion for Finance
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✨Network with Industry Professionals
Before your interview, reach out to current or former MS Amlin employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
