At a Glance
- Tasks: Develop pricing models and support underwriters with data-driven insights.
- Company: Leading Lloyd's market insurer with a focus on growth and innovation.
- Benefits: Competitive salary, career progression, and exposure to diverse property classes.
- Other info: Opportunity for professional development and involvement in strategic discussions.
- Why this job: Join a high-performing team and make impactful decisions in a dynamic environment.
- Qualifications: Actuarial experience and strong analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
Selby Jennings are working with a leading Lloyd's market insurer to secure a Property Pricing Actuary into a key role within their growing pricing function. This position sits within a high-performing property team covering direct & facultative, reinsurance, construction, energy and specialty classes. The role offers strong exposure across a broad range of risks, working closely with underwriting to deliver data-driven pricing insights and support portfolio performance. Rather than being limited to traditional pricing work, this is a highly business-facing role with involvement across deal pricing, portfolio analytics, and strategic decision-making. For the right individual, this provides a clear path for progression within a platform where property remains a core area of growth.
Key Responsibilities:
- Develop and deliver pricing models and tools across a range of property classes
- Support underwriters on pricing decisions for both new and existing business
- Perform portfolio analysis, monitoring KPIs and identifying opportunities for optimisation
- Work closely with underwriting, exposure management, and reinsurance teams
- Contribute to business planning and portfolio strategy discussions
- Present analysis and insights to senior stakeholders, including management and underwriting leadership
- Support the pricing of large and complex risks, providing actionable recommendations
- Assist with ongoing development of pricing capabilities and analytical frameworks
Role Requirements:
- Actuarial experience within pricing (London Market or reinsurance preferred)
- Progression towards actuarial qualification or qualified actuary
- Strong understanding of property classes and market dynamics
- Advanced Excel skills, with experience in stochastic modelling
- Programming experience (SQL, Python, R or similar) advantageous
- Strong communication skills and ability to work closely with underwriters
- Commercial mindset with the ability to translate analysis into practical recommendations
- Motivated, proactive, and comfortable working in a fast-paced environment
Property Pricing Actuary in London employer: Selby Jennings
At Selby Jennings, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within our high-performing property team. Our commitment to employee growth is evident through clear progression paths and opportunities to engage in strategic decision-making, ensuring that you not only contribute to our success but also advance your career in the thriving Lloyd's market. With a focus on data-driven insights and a supportive culture, we empower our employees to excel in their roles while enjoying the unique advantages of working in the heart of London.
StudySmarter Expert Advice🤫
We think this is how you could land Property Pricing Actuary in London
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to property pricing. We recommend doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your skills! Bring along examples of your work, like pricing models or analysis reports, to demonstrate your expertise. We want to see how you think and solve problems.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind. We believe this small gesture can make a big difference in the hiring process.
We think you need these skills to ace Property Pricing Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that align with the Property Pricing Actuary role. Highlight your actuarial experience, especially in pricing, and any relevant programming skills you have. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about property pricing and how your background makes you a great fit for this role. Don’t forget to mention your understanding of market dynamics and how you can contribute to our high-performing team.
Showcase Your Analytical Skills:Since this role involves a lot of data-driven insights, make sure to highlight any experience you have with portfolio analysis or developing pricing models. We love seeing examples of how you've used data to drive decisions in previous roles!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team at StudySmarter!
How to prepare for a job interview at Selby Jennings
✨Know Your Numbers
As a Property Pricing Actuary, you'll need to demonstrate your strong understanding of pricing models and tools. Brush up on your actuarial knowledge and be ready to discuss specific examples of how you've developed or used pricing models in the past.
✨Showcase Your Communication Skills
This role involves presenting analysis to senior stakeholders, so practice articulating complex data insights clearly and concisely. Prepare to explain how your recommendations have influenced pricing decisions in previous roles.
✨Familiarise Yourself with Market Dynamics
Make sure you understand the current trends in the property market and how they impact pricing strategies. Be prepared to discuss recent developments and how they could affect the insurer's portfolio performance.
✨Demonstrate Your Technical Skills
With advanced Excel skills and programming experience being crucial, be ready to showcase your technical abilities. Consider preparing a small project or example that highlights your proficiency in SQL, Python, or R, and how it relates to pricing analytics.
