At a Glance
- Tasks: Join our team to analyse data and contribute to innovative pricing solutions.
- Company: Pacific Life Re, a global leader in reinsurance with over 150 years of expertise.
- Benefits: Gain hands-on experience, competitive salary, and enjoy a healthy work-life balance.
- Other info: Enjoy team-building activities and community involvement opportunities.
- Why this job: Be part of a dynamic team that values fresh perspectives and innovation.
- Qualifications: Must be a penultimate year student studying Actuarial Science, Maths, or related fields.
The predicted salary is between 22500 - 27500 £ per year.
Pacific Life Re is a global reinsurance company with a strong presence in Europe, Asia, Australia, and North America. With a focus on innovative products and services in areas such as Life, Critical Illness, Income Protection, Longevity and Capital Solutions, we have a legacy of over 150 years of expertise. Backed by our parent company, Pacific Life, we have a commitment to intelligent risk-taking, a selective approach to talent acquisition, and investments in cutting-edge analytical technologies.
We are seeking two talented, ambitious, and dedicated university students to join our team of Actuarial experts in our London office. At Pacific Life Re, we encourage a fresh perspective and value those who are willing to challenge conventional thinking. The successful candidates will join one of our Insurance Pricing or Capital Solutions teams.
The Insurance Pricing team sets cutting edge pricing assumptions for biometric risks across our Savings and Retirement line of business. Our Capital Solutions team is our newest line of business, where we create innovative capital efficient reinsurance solutions to help our clients with balance sheet and earnings management.
To excel in our Internship Programme, you should possess the following qualities:
- You should be a penultimate year student available for a 6 month industry placement that you will complete with Pacific Life Re before returning to university to finish your final year.
- You must be studying Actuarial Science, Maths, MORSE, or a related discipline.
- You must have existing permanent Legal Right To Work in the UK; we are not offering sponsorship for this position.
- Exceptionally strong numeracy and the ability to analyse and interpret complex data.
- A collaborative and team-oriented mindset.
- Excellent written communication skills.
- Strong interpersonal skills.
As a successful applicant, you will gain valuable hands-on experience and develop a comprehensive understanding of our business and the services we offer to our clients. You will be an integral member of a team committed to delivering the highest levels of professionalism. Join us at Pacific Life Re and embark on a journey of growth, innovation, and meaningful contributions to the reinsurance industry.
The culture of our business is important to us. At Pacific Life Re you will be expected to model our company values and behaviours on a day-to-day basis.
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 employees' involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
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.
Pricing Intern in London employer: Pacific Life
Pacific Life Re is an exceptional employer that prioritises employee well-being and professional growth, offering a supportive work culture enriched by diversity and inclusion. As a Talent Intelligence & Recruitment Marketing Analyst, you will benefit from comprehensive healthcare coverage, generous leave policies, and opportunities for continuous learning, all while contributing to innovative recruitment strategies in a dynamic environment. Located in a vibrant area, the company fosters collaboration and creativity, ensuring that every team member can thrive and make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Intern in London
✨Hit Up Local Job Fairs
Insurance internships are often showcased at local career fairs, so pop down to a few and chat with recruiters from companies like Pacific Life. It’s a great way to get your face out there and show off your enthusiasm for the industry – plus, you can ask questions that show you’ve done your homework!
✨Leverage Your Uni’s Career Services
Your university’s career services can be a goldmine for finding insurance internships. They often have partnerships with companies and can give you access to exclusive opportunities – so be sure to check in and get help polishing your application for roles at places like Pacific Life.
✨Connect with Alumni in the Industry
Look for alumni from your university who are working in insurance. Reach out for a chat on LinkedIn – they can give you insider tips about landing spots like internships at Pacific Life. Plus, they might even know of openings before they’re posted!
✨Show Off Your Skills Online
Create a professional online presence showcasing your skills and interests in insurance. Whether it’s writing articles on LinkedIn or sharing insights on industry trends, being visible can attract attention from hiring managers at companies like Pacific Life. Don’t hesitate to apply through our website!
We think you need these skills to ace Pricing Intern in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, analysing data is key! Make sure to sprinkle examples of your analytical and problem-solving skills throughout your CV and cover letter. This could be from your studies or any relevant projects where you've had to assess risk, assess financial data, or use statistics.
Show Enthusiasm for Learning:As an intern, it's super important to show your eagerness to learn. Use your cover letter to express why you're passionate about the insurance field and what you hope to gain from the internship at Pacific Life. We're looking for those who want to dive in and make the most of this opportunity!
Include Relevant Coursework and Projects:Don't be shy about mentioning specific courses or projects that relate to insurance! If you've taken modules in risk assessment, finance, or related topics, make sure they're highlighted in your application. This not only shows your background but helps us connect the dots about your fit for the role.
Tailor Your Documents to Pacific Life:Every company has its unique vibe and values! Take a little time to tailor your CV and cover letter specifically for Pacific Life. Look into their culture, their services, and mention why you think you’d be a great fit. It shows you care and that you’ve done your homework—huge plus points!
How to prepare for a job interview at Pacific Life
✨Get a Grip on Insurance Basics
Before heading into the interview with Pacific Life, brush up on fundamental insurance concepts. Understand the different types of insurance products, like life, health, and property insurance, as well as basic terms like underwriting and premiums. This will show your genuine interest in the field and help you articulate your thoughts better.
✨Prepare for Scenario-Based Questions
In insurance internships, interviewers love to liven things up with scenario-based questions. Think about how you’d handle common situations—like a client asking about policy options or presenting a claim. Practising these scenarios will help us feel confident and ready to showcase our problem-solving skills during the interview!
✨Highlight Your Analytical Skills
Insurance relies a lot on data and analysis. Make sure to mention any relevant coursework or projects that involved data interpretation, risk assessment, or financial analysis. We want to show that we can combine our analytical skills with a fresh perspective to contribute to the team at Pacific Life.
✨Show Enthusiasm for Learning
As an intern, your motivation and willingness to learn can be just as impactful as your current knowledge. Be ready to discuss what excites you about the insurance industry and how this internship at Pacific Life fits into your career goals. Let’s convey that we’re eager to soak up as much knowledge as we can during our time there!
