At a Glance
- Tasks: Guide pricing and onboarding of new BPA and reinsurance transactions.
- Company: Pension Insurance Corporation, a leader in the UK pension market.
- Benefits: Competitive salary, flexible working options, and professional development opportunities.
- Other info: Join a dynamic team focused on delivering compliant and efficient deals.
- Why this job: Make a real impact in the pension insurance sector while collaborating with diverse teams.
- Qualifications: Qualified actuary with strong stakeholder management skills and market knowledge.
The predicted salary is between 63000 - 77000 £ per year.
Pension Insurance Corporation in London is seeking a qualified actuary to join the Origination team, guiding pricing and onboarding of new BPA and reinsurance transactions.
You will ensure pricing reflects risks and balance sheet implications, and you will collaborate with Actuarial, Risk, Legal and Operations to deliver compliant, efficient deals.
The role emphasizes strong stakeholder management and deep knowledge of the UK life insurance and pension markets.
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Senior Actuary - MA & BPA Pricing & Onboarding employer: Pension Insurance Corporation
Pension Insurance Corporation is an exceptional employer that fosters a collaborative and innovative work culture, where your expertise as a Principal C# Architect & Engineering Leader will be valued and impactful. With a strong focus on employee growth, we offer mentorship opportunities and the chance to shape technology strategy in a supportive environment, all while contributing to meaningful projects that enhance our digital services. Located in a vibrant area, we provide a dynamic workplace that encourages professional development and work-life balance.
Contact Details:
Pension Insurance Corporation Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary - MA & BPA Pricing & Onboarding
✨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 Pension Insurance Corporation). 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 Pension Insurance Corporation. 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 Actuary - MA & BPA Pricing & Onboarding
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 Pension Insurance Corporation.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Pension Insurance Corporation. 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 Pension Insurance Corporation
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Pension Insurance Corporation 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 Pension Insurance Corporation, 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 Pension Insurance Corporation'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.
