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.
- Other info: Join a collaborative environment focused on continuous improvement.
- Why this job: Make a real impact in pricing while collaborating with experts.
- Qualifications: 4+ years in insurance pricing and strong technical skills required.
The predicted salary is between 36000 - 60000 £ per year.
Selby Jennings is partnered with a leading specialty insurer is 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 Edinburgh employer: Selby Jennings
Join a leading specialty insurer that values innovation and collaboration, offering a vibrant work culture where your contributions directly impact pricing strategies across diverse specialty lines. With a strong focus on employee growth, you will benefit from hands-on mentorship from senior leaders and opportunities to enhance your technical skills in a supportive environment. Located in the heart of London, this role not only provides competitive benefits but also places you at the forefront of the actuarial field, ensuring a rewarding and meaningful career path.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary in Edinburgh
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Selby Jennings. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pricing Actuary in Edinburgh
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Selby Jennings.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Selby Jennings's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Selby Jennings
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Selby Jennings.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Selby Jennings will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Selby Jennings employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
