At a Glance
- Tasks: Develop pricing models and tools for diverse property classes while supporting underwriting decisions.
- Company: Join a leading Lloyd's market insurer with a focus on growth and innovation.
- Benefits: Competitive salary, career progression, and exposure to complex risks.
- Other info: Fast-paced environment with excellent opportunities for professional development.
- Why this job: Make a real impact in a dynamic role that shapes strategic decision-making.
- Qualifications: Actuarial experience and strong Excel skills; programming knowledge is a plus.
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 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 the Lloyd's market. Our Property Pricing Actuary role not only provides exposure to a diverse range of property classes but also encourages professional growth through strategic involvement in pricing decisions and portfolio management. With a strong emphasis on employee development and a culture that values data-driven insights, we are committed to supporting our team members in achieving their career aspirations while contributing to our continued success.
StudySmarter Expert Advice🤫
We think this is how you could land Property Pricing Actuary
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant 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 and refine your answers.
✨Tip Number 3
Showcase your skills! Create a portfolio of your work, especially any pricing models or analyses you've done. This will give you an edge and demonstrate your capabilities to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it’s a great way to ensure your application gets the attention it deserves.
We think you need these skills to ace Property Pricing Actuary
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Property Pricing Actuary role. Highlight your actuarial experience, especially in pricing and any relevant projects you've worked on. We want to see how your skills align with the key responsibilities mentioned in the job description.
Showcase Your Skills:Don’t forget to showcase your advanced Excel skills and any programming experience you have. If you've worked with SQL, Python, or R, make it clear! We love seeing candidates who can bring technical expertise to the table.
Communicate Clearly:Strong communication skills are a must for this role. When writing your application, be clear and concise. We want to see how you can translate complex analysis into practical recommendations, just like you would in the job!
Apply Through Our Website:Finally, make sure to apply through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the team!
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 market dynamics. Brush up on your actuarial principles 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 can impact business decisions, and think of ways to make your insights relatable to non-technical audiences.
✨Familiarise Yourself with the Business
Research the company and its position within the Lloyd's market. Understand their approach to property classes and recent developments in the industry. This knowledge will help you engage in meaningful discussions about their portfolio strategy and demonstrate your commercial mindset.
✨Prepare for Technical Questions
Expect questions that test your technical skills, especially in Excel and programming languages like SQL or Python. Be ready to discuss your experience with stochastic modelling and how you've applied these skills in real-world scenarios. Practising coding problems or model-building exercises can give you an edge.
