At a Glance
- Tasks: Lead innovative analytics projects to enhance risk quantification and product development.
- Company: Join a dynamic team at Pacific Life Re, committed to diversity and inclusion.
- Benefits: Enjoy 25 days annual leave, comprehensive healthcare, and wellness initiatives.
- Other info: Collaborative culture with excellent career growth and team-building activities.
- Why this job: Make a real impact in the insurance industry with cutting-edge data and analytics.
- Qualifications: Fully qualified actuary with strong analytical skills and 5+ years of experience.
The predicted salary is between 60000 - 80000 £ per year.
Role Purpose
The Actuary, Strategic Analytics will lead and contribute to initiatives leveraging advanced analytics into risk quantification, pricing innovation, underwriting research, and product development. This role plays a key role in leveraging emerging data sources and predictive modelling to enhance how we measure risk and support our clients across Protection and Savings & Retirement.
Key Responsibilities
- Research & Analytics Initiatives: Drive projects that utilise novel datasets (e.g., particularly UnderwriteMe, medical and wellness data) to advance risk modelling and underwriting innovation. Lead and contribute to ideation and execution of advanced analytics and novel data initiatives supporting Protection and Savings & Retirement strategies. Lead and contribute to internal and external projects supporting our pricing, client solutions, and underwriting teams, including client facing initiatives.
- Strategic Analytics Integration: Embed advanced analytics techniques into actuarial processes for quantifying existing and emerging risks. Collaborate with Pricing, Underwriting, and Business Development teams to deliver actionable insights.
- Data & Technology: Support utilisation of the Data Analytics Platform (DAP). Identify and integrate external data sources to improve risk assessment and product propositions.
- Stakeholder Engagement: Partner with internal teams (Pricing, Underwriting, and Client Solutions) and external clients on predictive modelling and innovative data utilisation. Represent the organisation at industry forums and contribute to thought leadership.
- Governance & Reporting: Ensure compliance with internal risk and governance frameworks. Provide project and initiative updates to leadership forums including Data Insight Steering Committee (DISC), Protection Market Leadership Committee’s, and R&D Leadership.
Qualifications & Experience
- Actuarial Credentials: Fully qualified actuary (FIA or equivalent) with strong technical and analytical skills.
- Experience: Minimum 5+ years in actuarial or analytics roles, ideally with exposure to R&D and/or Pricing across lines of business. Proven ability to lead complex projects and stakeholder management of cross-functional teams.
- Technical Skills: Expertise in statistical modelling, predictive analytics, and data science tools (Python, SQL, R – AWS a bonus). Familiarity with insurance risk modelling and underwriting processes (ideal).
- Soft Skills: Strong communication skills, with the ability to explain complex analytical concepts to non‐technical audiences. Comfortable operating as a senior individual contributor, influencing through expertise rather than authority. Ability to translate technical insights into business strategy.
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits (Only for Permanent and Fixed Term Employees)
- Leave: 25 days of annual leave with option to buy/sell more days, Adoption and fertility leave, Generous enhanced parental leave.
- Healthcare: Comprehensive private insurance coverage for employee and dependents, Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary, Optical benefits.
- Savings & Retirement: 15% combined employee/employer contributions.
- Wellness: Subsidized gym membership, Access to Employee Assistance Program, Cycle to Work and Electric Car Salary Sacrifice Scheme, Time off for volunteering, Charitable matching of employee donations.
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values
Actuary, Strategic Analytics employer: Pacific Asset Management, LLC
At Pacific Life Re, we pride ourselves on being an exceptional employer, offering a vibrant work culture that values diversity and inclusion while fostering individual growth. Our London office provides a supportive environment with a strong emphasis on work-life balance, comprehensive benefits, and opportunities for professional development, making it an ideal place for actuaries looking to make a meaningful impact in the field of strategic analytics.
Contact Details:
Pacific Asset Management, LLC Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Actuary, Strategic Analytics
✨Tip Number 1
Network like a pro! Reach out to current employees at Pacific Life Re on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the Actuary, Strategic Analytics role.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss statistical modelling and predictive analytics, as these are key in this role. We want to see how you can apply your expertise to real-world scenarios!
✨Tip Number 3
Showcase your soft skills during the interview. Being able to explain complex concepts to non-technical audiences is crucial. Practice articulating your thoughts clearly and concisely, so we can see how you’d fit into our collaborative culture.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Pacific Life Re.
We think you need these skills to ace Actuary, Strategic Analytics
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Actuary, Strategic Analytics role. Highlight your experience with advanced analytics, risk modelling, and any relevant technical skills like Python or SQL. 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 your skills can contribute to our team. Don't forget to mention any specific projects or experiences that relate to the key responsibilities outlined in the job description.
Showcase Your Soft Skills:While technical skills are crucial, we also value strong communication and stakeholder management abilities. Make sure to include examples of how you've successfully collaborated with teams or explained complex concepts to non-technical audiences in your application.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you'll be able to keep track of your application status. Plus, we love seeing candidates who take the initiative to connect with us directly!
How to prepare for a job interview at Pacific Asset Management, LLC
✨Know Your Numbers
As an actuary, you'll need to demonstrate your strong technical and analytical skills. Brush up on your statistical modelling and predictive analytics knowledge, especially with tools like Python, SQL, and R. Be ready to discuss how you've applied these skills in past roles.
✨Showcase Your Project Leadership
Highlight your experience leading complex projects and managing cross-functional teams. Prepare specific examples that showcase your ability to drive initiatives, particularly those involving novel datasets and risk modelling. This will show your potential employer that you can lead and contribute effectively.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining complex analytical concepts in simple terms, as you may need to present insights to non-technical stakeholders. Consider using real-world examples to illustrate your points during the interview.
✨Engage with Stakeholders
Demonstrate your ability to collaborate with various teams, such as Pricing and Underwriting. Think of instances where you've successfully partnered with internal or external clients on predictive modelling projects. This will highlight your stakeholder engagement skills, which are crucial for the role.
