At a Glance
- Tasks: Shape pricing strategy and develop tools for diverse specialty lines.
- Company: Leading specialty insurer with a dynamic actuarial team.
- Benefits: Hands-on mentorship, exposure to international teams, and career growth.
- Why this job: Make a real impact in pricing strategy while collaborating with experts.
- Qualifications: 4+ years in general insurance pricing and strong technical skills.
- Other info: Join a collaborative environment focused on continuous improvement.
The predicted salary is between 36000 - 60000 £ per year.
Selby Jennings is partnered with a leading specialty insurer seeking a Pricing Actuary to join its dynamic actuarial team. This role offers the opportunity to shape pricing strategy and tool development across a diverse portfolio of specialty lines. You'll work closely with internal stakeholders to deliver robust pricing solutions and ensure regulatory compliance, while contributing to the continuous improvement of actuarial processes and methodologies.
Key Responsibilities
- Pricing Tool Development: Build and re-platform pricing tools for both local and global models, ensuring alignment with actuarial standards and documentation requirements.
- Stakeholder Collaboration: Partner with Pricing Development and UK Pricing Delivery teams to ensure smooth project handovers and effective implementation.
- Communication: Present technical concepts to non-technical audiences, clearly articulating assumptions, risks, and limitations.
- Process Improvement: Identify and implement operational enhancements and risk controls.
- Knowledge Sharing: Support team development by mentoring and sharing technical expertise.
Requirements
- Experience: Minimum 4 years in general insurance pricing, ideally within the London Market.
- Technical Skills: Strong proficiency in actuarial software (e.g. SQL, GLM tools, Python, PowerBI) and advanced Excel/VBA.
- Qualifications: Nearly or fully qualified IFoA actuary (or equivalent).
- Attributes: Strong analytical, communication, and stakeholder management skills. A collaborative mindset and commitment to continuous improvement.
This is an exciting opportunity to join a leading specialty insurer in a strategically important actuarial role, with hands-on mentorship from senior pricing leaders and excellent exposure across a collaborative, international team.
Pricing Actuary in City of London employer: Selby Jennings
Contact Detail:
Selby Jennings Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars, and don’t be shy about introducing yourself to potential employers. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research the company and its pricing strategies. Be ready to discuss how your experience aligns with their needs, especially in tool development and stakeholder collaboration. We want you to shine when you present your ideas!
✨Tip Number 3
Show off your technical skills! If you’ve got experience with SQL, Python, or PowerBI, make sure to highlight that in conversations. We know these tools are crucial for the role, so let’s make sure they know you’re the right fit!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for talented individuals like you to join our dynamic team!
We think you need these skills to ace Pricing Actuary in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Actuary role. Highlight your experience in general insurance pricing and any relevant technical skills, like SQL or Python, that match what we're looking for.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've contributed to pricing strategies or improved processes in your previous roles.
Showcase Your Communication Skills: Since you'll be presenting technical concepts to non-technical audiences, it's crucial to demonstrate your communication skills in your application. Use clear and concise language to explain your experiences.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. This way, we can easily track your application and get back to you quicker!
How to prepare for a job interview at Selby Jennings
✨Know Your Numbers
As a Pricing Actuary, you'll need to demonstrate your strong analytical skills. Brush up on your technical knowledge, especially around actuarial software like SQL and Python. Be ready to discuss specific projects where you've used these tools to develop pricing strategies.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams. Prepare examples of how you've successfully collaborated with stakeholders in the past. Highlight any experiences where you ensured smooth project handovers or improved communication between teams.
✨Communicate Clearly
You'll need to present complex concepts to non-technical audiences. Practice explaining your previous work in simple terms. Use analogies or relatable examples to make your points clear, showing that you can bridge the gap between technical and non-technical stakeholders.
✨Emphasise Continuous Improvement
The job calls for a commitment to enhancing processes. Think of instances where you've identified inefficiencies and implemented improvements. Be prepared to discuss how you approach problem-solving and your mindset towards ongoing development in your work.