Senior Insurance Risk Actuary
Senior Insurance Risk Actuary

Senior Insurance Risk Actuary

London Full-Time 60000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our London Market Pricing team to handle case pricing and portfolio analyses.
  • Company: Be part of a leading Lloyd's syndicate backed by a top global insurance provider.
  • Benefits: Enjoy competitive salary, professional development opportunities, and a collaborative work environment.
  • Why this job: Make an impact in the insurance industry while mentoring junior talent and developing pricing models.
  • Qualifications: Must be a qualified Actuary through the IFoA or equivalent.
  • Other info: Opportunity to work with diverse lines of business in Property and Casualty classes.

The predicted salary is between 60000 - 84000 £ per year.

Our client is a reputable Lloyd's syndicate, backed by one of the world's largest commercial insurance providers. They are actively seeking a Senior Pricing Actuary to join their London Market Pricing team and work across various LOBs within Property and Casualty classes. This role will involve a blend of case pricing, portfolio analyses, and stakeholder management, working closely with their underwriting teams, as well as the more technical, pricing model development, and risk parameterisation. You will also assist in mentoring and training their more junior actuaries and analysts.

Qualified Actuary through the IFoA, or equivalent.

Senior Insurance Risk Actuary employer: Selby Jennings

As a leading Lloyd's syndicate, our client offers an exceptional work environment in the heart of London, fostering a culture of collaboration and innovation. Employees benefit from comprehensive professional development opportunities, including mentorship for junior actuaries, and enjoy a competitive benefits package that supports work-life balance. Joining this dynamic team means being part of a prestigious organisation that values expertise and encourages growth within the thriving insurance market.
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Contact Detail:

Selby Jennings Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Insurance Risk Actuary

✨Tip Number 1

Network with professionals in the London Market Pricing sector. Attend industry events or webinars where you can meet actuaries and underwriters, as personal connections can often lead to job opportunities.

✨Tip Number 2

Stay updated on the latest trends and developments in Property and Casualty insurance. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.

✨Tip Number 3

Prepare to discuss your experience with case pricing and portfolio analyses in detail. Be ready to provide examples of how you've successfully managed stakeholder relationships in previous roles.

✨Tip Number 4

Highlight your mentoring experience when speaking with potential employers. Show how you've contributed to the development of junior actuaries and analysts, as this is a key aspect of the role.

We think you need these skills to ace Senior Insurance Risk Actuary

Qualified Actuary (IFoA or equivalent)
Advanced Statistical Analysis
Pricing Model Development
Risk Parameterisation
Portfolio Analysis
Case Pricing Expertise
Stakeholder Management
Mentoring and Training Skills
Strong Communication Skills
Attention to Detail
Problem-Solving Skills
Technical Proficiency in Actuarial Software
Knowledge of Property and Casualty Insurance
Adaptability to Changing Market Conditions

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in pricing, portfolio analysis, and stakeholder management. Emphasise any previous roles where you worked closely with underwriting teams or developed pricing models.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your qualifications as a Fellow of the Institute and Faculty of Actuaries (IFoA) and how your skills align with the responsibilities outlined in the job description.

Showcase Your Technical Skills: Detail your experience with risk parameterisation and any specific software or tools you have used in pricing model development. This will demonstrate your technical proficiency and suitability for the role.

Highlight Mentoring Experience: If you have experience mentoring or training junior actuaries or analysts, be sure to include this in your application. It shows leadership potential and your ability to contribute to the team's growth.

How to prepare for a job interview at Selby Jennings

✨Showcase Your Technical Skills

As a Senior Pricing Actuary, you'll need to demonstrate your expertise in pricing model development and risk parameterisation. Be prepared to discuss specific projects where you've successfully applied these skills, and consider bringing examples of your work to the interview.

✨Understand the Business Context

Familiarise yourself with the Lloyd's market and the specific Property and Casualty classes relevant to the role. Showing that you understand the broader business context will impress the interviewers and highlight your commitment to the position.

✨Prepare for Stakeholder Management Questions

Since this role involves significant interaction with underwriting teams, be ready to discuss your experience in stakeholder management. Think of examples where you've effectively communicated complex actuarial concepts to non-technical stakeholders.

✨Emphasise Mentoring Experience

The role includes mentoring junior actuaries and analysts, so be sure to highlight any previous experience you have in training or guiding others. Discuss your approach to mentorship and how you've helped others develop their skills in the past.

Senior Insurance Risk Actuary
Selby Jennings
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