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 community involvement opportunities.
- Why this job: Make a real impact in the insurance industry with cutting-edge data and analytics.
- Qualifications: Fully qualified actuary with 5+ years in analytics and strong technical skills.
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 in London 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-based team enjoys a healthy work-life balance, comprehensive benefits including generous parental leave and wellness initiatives, and opportunities to engage in community support through volunteering and charity events. Join us to leverage your actuarial expertise in a collaborative environment that encourages innovation and personal achievement.
Contact Detail:
Pacific Asset Management, LLC Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Actuary, Strategic Analytics in London
✨Tip Number 1
Network like a pro! Reach out to current employees or connections in the industry. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for interviews by practising common actuarial questions and scenarios. We recommend doing mock interviews with friends or using online platforms to get comfortable with articulating your thoughts.
✨Tip Number 3
Showcase your skills! Bring along examples of your work or projects that highlight your analytical prowess. This is your chance to shine and demonstrate how you can add value to the team.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar!
We think you need these skills to ace Actuary, Strategic Analytics in London
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 our key responsibilities.
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 effectively communicated complex concepts or led cross-functional teams 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 ensures your application goes straight to us. 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
This role requires leading complex projects and managing stakeholders. Prepare examples of past projects where you took the lead, highlighting your ability to collaborate with cross-functional teams and deliver actionable insights. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Communicate Clearly
Strong communication skills are essential for this position. Practice explaining complex analytical concepts in simple terms, as you may need to present to non-technical audiences. Consider doing mock interviews with friends or colleagues to refine your delivery.
✨Engage with Industry Trends
Stay updated on the latest trends in risk quantification and underwriting innovation. Be prepared to discuss how emerging data sources and predictive modelling can enhance risk assessment. Showing that you're informed about industry developments will impress your interviewers.
