At a Glance
- Tasks: Join our team to analyse data and deliver innovative pricing solutions for clients.
- Company: Pacific Life Re, a global leader in insurance with a fun and supportive culture.
- Benefits: Enjoy 25 days of leave, private healthcare, and wellness initiatives.
- Why this job: Make a real impact in the Savings & Retirement sector while developing your analytical skills.
- Qualifications: Degree in mathematics, statistics, or actuarial studies; experience in data analysis.
- Other info: Dynamic work environment with strong focus on team building and community involvement.
The predicted salary is between 36000 - 60000 £ per year.
The Savings & Retirement Insurance Pricing team are responsible for producing the best estimate insurance assumptions for clients in our global markets. The team responsibilities are across Pension Risk transfer, Individual Retirement and Savings for Retirement products.
We are looking to hire a number of Pricing and Senior Pricing Analysts for our Insurance pricing team. You will be supporting the S&R Line of Business through tender activity and ongoing technical/pricing support. The successful candidate will be based in our London office, Tower Bridge House, St Katharine's Way.
As a proactive and technical Pricing/Senior Pricing Analyst you will be working on a team to deliver Savings and Retirement quotes for clients. Your expertise in pricing and experience analysis will support you as you work alongside the client solutions team to deliver creative solutions and support market growth, whilst meeting the needs of our clients. Working together with the wider pricing team you will deliver high quality pricing analysis on quote opportunities for clients and will present the opportunity through the internal governance process gaining significant visibility with the S&R Leadership Team, COO and CEO.
You will have the opportunity to learn and develop as an actuary and grow your analytic skills whilst keeping involved in the latest pricing, market, statistical and technology developments.
Key Responsibilities
- Supporting the delivery of new business quotations for the S&R line of business
- Analysing experience data to determine trends in order to support the derivation of technical pricing basis.
- Communicating results/findings to stakeholders across the business
- Help enhance the pricing team capability by supporting the improvement of processes and approaches.
Qualifications & Experience
- Degree (2:1 or above, or equivalent) in a relevant subject area, e.g. mathematics, statistics or actuarial studies
- Have technical experience in a role at a (re)insurer, consultancy or another statistical role
- Ability to analyse and interpret data, draw conclusions from it and clearly communicate findings to key stakeholders across the business
- Good written and verbal communication skills
- Knowledge of R, Excel and actuarial software experience
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)
- 25 days of annual leave with option to buy/sell more days
- Adoption and fertility leave
- Generous enhanced parental leave
- 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
- 15% combined employee/employer contributions
- 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
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.
Actuarial Pricing Analyst, Savings & Retirement employer: Pacific Life Re
Contact Detail:
Pacific Life Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Pricing Analyst, Savings & Retirement
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or at industry events. Ask them about their experiences and any tips they might have for landing a role in the Savings & Retirement team.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Be ready to discuss your experience with data analysis and pricing strategies, as these will be key in showcasing your fit for the Actuarial Pricing Analyst role.
✨Tip Number 3
Showcase your communication skills! Practice explaining complex data findings in simple terms. This will help you stand out, especially since you'll need to communicate results to various stakeholders.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Pacific Life Re.
We think you need these skills to ace Actuarial Pricing Analyst, Savings & Retirement
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Pricing Analyst role. Highlight your relevant experience in pricing, data analysis, and any technical skills you have, like R or Excel. 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 Savings & Retirement and how your skills can contribute to our team. Keep it concise but engaging – we love a good story!
Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical skills. Provide examples of how you've used data to draw conclusions and communicate findings effectively. This is key for the role, so let us know what you've done!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Pacific Life Re
✨Know Your Numbers
As an Actuarial Pricing Analyst, you'll be dealing with a lot of data. Brush up on your statistical knowledge and be ready to discuss how you analyse experience data to identify trends. Prepare examples from your past work where you've successfully derived technical pricing bases.
✨Communicate Clearly
You'll need to communicate findings to stakeholders effectively. Practice explaining complex concepts in simple terms. Consider doing mock interviews with friends or family to refine your communication skills, ensuring you can convey your insights clearly and confidently.
✨Show Your Technical Skills
Familiarise yourself with R, Excel, and any actuarial software mentioned in the job description. Be prepared to discuss how you've used these tools in previous roles. If possible, bring along a portfolio of your work or examples that showcase your technical prowess.
✨Understand the Company Culture
Pacific Life Re values a healthy work-life balance and team connection. Research their culture and think about how your personal values align with theirs. During the interview, share how you contribute to a positive team environment and how you handle pressure while still having fun at work.