At a Glance
- Tasks: Analyse and develop pricing models for marine insurance, collaborating with underwriters and actuaries.
- Company: Dynamic insurance firm promoting a flexible and inclusive work culture.
- Benefits: Competitive salary, hybrid working, mental health support, and career development opportunities.
- Other info: Opportunities for global travel and continuous learning in a collaborative environment.
- Why this job: Join a supportive team and make an impact in the exciting world of insurance pricing.
- Qualifications: Experience in pricing, strong analytical skills, and a degree in a quantitative discipline.
The predicted salary is between 60000 - 75000 £ 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 employer: MS Amlin
As a Senior Pricing Analyst in London, you will thrive in a dynamic and supportive environment that champions collaboration and innovation. With a strong focus on employee wellbeing, diversity, and continuous learning, the company offers flexible working arrangements and a competitive benefits package, ensuring you can grow your career while maintaining a healthy work-life balance. Join a team that values your insights and encourages professional development across global underwriting hubs.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with pricing models and data analysis. Use real examples from your past work to demonstrate how you’ve tackled challenges and delivered results.
✨Prepare for Interviews
Do your homework on the company and the role. Be ready to discuss how your background in commercial insurance and your technical skills can benefit their team. Practise common interview questions and think about how you can showcase your problem-solving abilities.
✨Apply Through Our Website
Don’t forget to check out our job listings and apply directly through our website! It’s a great way to ensure your application gets noticed, and we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Pricing Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your experience in pricing, especially within commercial insurance or the London Market, and showcase your strong Excel skills and any programming languages you know.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Mention your background in actuarial science and how your experience aligns with the responsibilities listed in the job description. Don’t forget to show off your communication skills!
Showcase Your Analytical Skills:In your application, give examples of how you've used data analysis to support pricing decisions. We want to see your problem-solving abilities and how you've challenged assumptions in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at MS Amlin
✨Know Your Numbers
As a Senior Pricing Analyst, you'll need to demonstrate your strong analytical skills. Brush up on key pricing models and be ready to discuss how you've used data to influence pricing decisions in the past. Prepare examples that showcase your experience with Excel and any programming languages like SQL or Python.
✨Build Relationships
This role involves liaising with various teams, so it's crucial to show your interpersonal skills. Think about times when you've successfully collaborated with underwriters or actuaries. Be prepared to discuss how you can maintain strong relationships and support them with technical pricing matters.
✨Challenge Assumptions
The job requires a critical mindset, so come ready to discuss how you've challenged assumptions in previous roles. Prepare to explain your thought process and how you bring an independent pricing view to the table. This will show your confidence and problem-solving ability.
✨Communicate Clearly
You'll need to explain complex analyses to non-technical stakeholders, so practice simplifying your explanations. Think of examples where you've had to break down intricate pricing models or data insights for others. This will highlight your excellent communication skills and ability to engage with senior stakeholders.
