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- Tasks: Lead reinsurance pricing and design innovative pricing models.
- Company: Fast-growing Lloyd’s-market reinsurance firm with a collaborative culture.
- Benefits: Full-time role with clear path to senior leadership and professional growth.
- Why this job: Make an impact in a key strategic role while driving innovation in pricing.
- Qualifications: Qualified actuary with strong technical pricing experience and programming skills.
- Other info: Dynamic environment with opportunities to mentor and lead a team.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Selby Jennings are collaborating with a fast‑growing Lloyd’s‑market reinsurance firm to secure a Lead Reinsurance Pricing Actuary in a key role within their expanding pricing function. This strategic leadership position focuses on reinsurance pricing across property and specialty classes, supporting the group’s continued expansion. The role offers significant visibility, combining technical pricing expertise with team management and cross‑functional collaboration. Rather than routine tasks, the opportunity involves designing and implementing pricing models, developing underwriter tools, and driving innovation in pricing methodologies. For the right individual, this role provides a clear path to senior leadership within the pricing team.
Key Responsibilities:
- Lead reinsurance pricing across property and specialty classes
- Design and implement pricing models and processes
- Develop and maintain underwriter pricing tools and assumptions
- Collaborate with exposure management to integrate catastrophe models into pricing
- Drive pricing development projects such as inflation studies and RI optimisation
- Manage and mentor junior team members
- Support regulatory compliance and internal model validation
Role Requirements:
- Qualified actuary (FIA or equivalent)
- Strong technical pricing experience, ideally in property and specialty reinsurance
- Excellent communication skills with ability to engage technical and non‑technical stakeholders
- Experience in model development and insurance data management
- Programming skills in R or Python advantageous
- Ambition to lead and drive innovation within a fast‑growing environment
Seniority level: Mid‑Senior level
Employment type: Full‑time
Job function: Analyst, Finance, and Strategy/Planning
Industries: Insurance Agencies and Brokerages, Insurance Carriers, and Insurance
Lead Reinsurance Pricing Actuary | Lloyd\'s Syndicate in City of London employer: Selby Jennings
Contact Detail:
Selby Jennings Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Reinsurance Pricing Actuary | Lloyd\'s Syndicate in City of London
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and connect with professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to reinsurance pricing. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your technical skills! If you’ve got experience in programming with R or Python, make sure to highlight that during discussions. We want to see how you can bring innovation to the table!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Lead Reinsurance Pricing Actuary | Lloyd\'s Syndicate in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Lead Reinsurance Pricing Actuary role. Highlight your technical pricing experience and any relevant projects you've worked on, especially in property and specialty reinsurance. We want to see how your skills align 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 background makes you a perfect fit. Don’t forget to mention your ambition to lead and innovate – we love that kind of enthusiasm!
Showcase Your Technical Skills: Since this role involves designing pricing models and collaborating with various teams, make sure to showcase your programming skills in R or Python if you have them. We’re keen on seeing how you can contribute to our innovative pricing methodologies!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Selby Jennings
✨Know Your Numbers
As a Lead Reinsurance Pricing Actuary, you’ll need to demonstrate your technical prowess. Brush up on key pricing models and methodologies relevant to property and specialty classes. Be ready to discuss specific examples of how you've designed or implemented these models in the past.
✨Showcase Your Leadership Skills
This role involves managing and mentoring junior team members, so be prepared to share your leadership experiences. Think of instances where you’ve successfully led a project or guided a team through challenges. Highlight your ability to engage both technical and non-technical stakeholders.
✨Prepare for Technical Questions
Expect questions that dive deep into your programming skills, especially in R or Python. Brush up on your coding knowledge and be ready to explain how you’ve used these tools in model development or data management. Practical examples will make your answers stand out.
✨Demonstrate Your Innovative Mindset
The firm is looking for someone who can drive innovation in pricing methodologies. Come prepared with ideas or examples of how you’ve contributed to pricing development projects, like inflation studies or risk optimisation. Show them you’re not just about routine tasks but are eager to push boundaries.
