At a Glance
- Tasks: Develop and price innovative life reinsurance solutions across Europe, the Middle East, and Latin America.
- Company: Join a growing international Life Financial Solutions team in a dynamic environment.
- Benefits: Negotiable salary, hybrid work model, and opportunities for professional growth.
- Other info: Work in an international, multicultural setting with excellent career advancement opportunities.
- Why this job: Make a real impact in the life insurance industry while collaborating with diverse teams.
- Qualifications: Qualified Life Actuary with 8+ years of relevant financial services experience.
The predicted salary is between 90000 - 110000 £ per year.
Salary Negotiable Location City of London, London, UKContract Permanent Type Hybrid Industry Life Insurance Contact Naomi
Summary An opportunity has arisen for a Senior Structuring & Pricing Actuary to join a growing international Life Financial Solutions team.
The role will focus on developing, structuring and pricing life reinsurance solutions across the Europe, Middle East and Latin America regions.
This is an opportunity to work across a wide variety of products and innovative reinsurance solutions, contributing to the development of the Life Financial Solutions team and the wider Life & Health proposition.2.
About the job As a Senior Structuring & Pricing Actuary, you will be responsible for developing and pricing financial solutions and supporting the growth of the business across the region.
Your responsibilities will include: Developing, structuring and marketing appropriate reinsurance solutions, considering accounting, regulatory and economic risk-transfer aspects.
Developing pricing tools to analyse the risk and profitability of life reinsurance solutions.
Undertaking high-level experience analysis to support the assessment of underlying risk.
Contributing to deal execution, including responding to RFPs, negotiating terms with clients and brokers, and preparing internal approval memoranda.
Supporting business development activity, including prospecting and client visits, and promoting solutions tailored to specific client objectives.
Preparing and delivering internal and external presentations on life reinsurance topics as required.
Contributing to the development of the wider Life Financial Solutions team and enhancement of Life & Health propositions.
The role can be based in London, Paris, Dublin or Zurich and will involve working within an international and multicultural environment.3.
About you We are looking for a qualified Life Actuary with a strong actuarial background and relevant financial services experience.
You will ideally have: At least 8 years’ relevant financial services industry experience.
Experience in actuarial pricing within life insurance and/or reinsurance.
Experience in pricing and structuring bespoke reinsurance agreements would be advantageous.
Strong knowledge of Solvency II, including awareness of issues faced by insurers.
Familiarity with accounting standards such as IFRS 17 and US GAAP.
Experience developing or working with pricing tools and models.
Strong analytical and problem-solving skills.
The ability to apply technical actuarial expertise alongside commercial considerations.
Experience working in a client-facing capacity.
Fluent English; additional European languages would be desirable.
The role would suit someone who enjoys working across diverse tasks, collaborating with colleagues while also working independently, and operating in a dynamic environment.4.
How to apply If you are a qualified Life Actuary with relevant experience in life reinsurance pricing, structuring or financial solutions, please get in touch to discuss the opportunity in more detail.
Please submit your CV for consideration and we will be in touch regarding the next steps.
Senior Structuring and Pricing Actuary in London employer: Oliver James Associates
Join a leading global insurance business that prioritises employee development and fosters a collaborative work culture. With a focus on innovation and transformation, this role offers you the chance to engage in meaningful projects while benefiting from a hybrid working model, competitive salary, and opportunities for professional growth within a dynamic team. Experience the unique advantage of working in the heart of the UK insurance market, where your contributions will directly impact the future of the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Structuring and Pricing Actuary in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Oliver James Associates). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Oliver James Associates. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Structuring and Pricing Actuary in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Oliver James Associates.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Oliver James Associates. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Oliver James Associates
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Oliver James Associates to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Oliver James Associates, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Oliver James Associates's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
