At a Glance
- Tasks: Support strategic pricing initiatives and analyse complex insurance contracts.
- Company: Dynamic international firm with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and opportunities for growth.
- Why this job: Join a team that values your analytical skills and offers real impact in pricing strategies.
- Qualifications: 3+ years of experience and progress towards actuarial qualification required.
- Other info: Collaborative environment with a commitment to continuous improvement and learning.
The predicted salary is between 48000 - 72000 £ per year.
Overview
Join Our Team
We are seeking a highly motivated and analytically strong Senior Actuarial Analyst to support the Deputy Head of Pricing, International in delivering strategic pricing initiatives across our international portfolio. The role will report to the Deputy Head of Pricing, International and sits within the International Pricing & Planning team as part of the CUO Office.
Responsibilities
- Complex Risk Pricing: Supporting the Deputy Head of Pricing and wider pricing team in the analysis, pricing, and structuring of large and complex insurance and reinsurance contracts across multiple lines of business.
- Pricing Tool Development & Improvement: Working closely with class underwriters, contribute to the development and enhancement of pricing tools ensuring alignment with best practice methodologies. Help introduce new exposure models and improve parameterisation processes.
- Portfolio Steering & Analytics: Conduct analyses and investigations that inform growth strategies and remediation efforts. Participate in the monitoring of key accounts and support regular performance reviews with internal stakeholders and external partners.
- Business Planning Support: Support the production of planning materials, including loss ratio setting and analysis of key drivers such as loss trends and inflation. Contribute to the loss ratio volatility analysis needed for the capital model.
- Continuous Improvement: Identify opportunities to enhance pricing maturity and capabilities. Contribute to initiatives that support our ambition to be a best-in-class pricing function. Engage in peer review processes and seek and give feedback to develop your technical and professional skills as well as those of others.
- Contribute cross-functionally: Collaborate with colleagues across actuarial, underwriting, and other business functions to deliver high-quality insights and contribute to cross-functional projects.
Qualifications
Your skills and abilities should include:
- Significant progress towards actuarial qualification: 3+ years of experience.
- Practical experience of using a range of pricing techniques particularly for Lloyd’s/London Market risks.
- Experience of Casualty, Marine, Aviation or Energy advantageous.
- Experience in building and enhancing exposure-based pricing tools.
- Excellent MS Excel skills.
- Power BI and experience in a coding language (SQL, Python) desirable.
- Curious, open-minded, and proactive with a desire to continuously improve and learn new skills.
- Collaborative mindset with the ability to work effectively in a team environment.
- Demonstrated commitment to delivering high quality work.
- Ability to communicate effectively with a wide range of stakeholders.
Senior Actuarial Analyst - Pricing employer: SiriusPoint
Contact Detail:
SiriusPoint Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst - Pricing
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the hunt for a Senior Actuarial Analyst role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills and industry knowledge. Make sure you can talk confidently about pricing techniques and your experience with tools like Excel, Power BI, and coding languages. We want you to shine!
✨Tip Number 3
Showcase your collaborative mindset! During interviews, share examples of how you've worked effectively in teams and contributed to cross-functional projects. This will highlight your ability to fit into their culture and work alongside others.
✨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, it shows you're genuinely interested in joining our team and contributing to our ambitious goals.
We think you need these skills to ace Senior Actuarial Analyst - Pricing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Actuarial Analyst role. Highlight your experience with pricing techniques and any relevant projects you've worked on, especially in the Lloyd’s/London Market.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for our team. Share specific examples of how you've contributed to pricing initiatives or improved tools in your previous roles. Show us your passion for continuous improvement!
Showcase Your Analytical Skills: In your application, emphasise your analytical abilities and how you've used them to drive business decisions. Mention any experience with data analysis tools like Power BI or coding languages such as SQL or Python, as these are key for the role.
Apply Through Our Website: We encourage you to apply directly through our website. This way, we can ensure your application gets the attention it deserves. Plus, it’s the easiest way for us to keep track of all the amazing candidates like you!
How to prepare for a job interview at SiriusPoint
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll be dealing with complex risk pricing. Brush up on your technical skills and be ready to discuss specific pricing techniques you've used in the past. Prepare examples that showcase your analytical prowess and how you’ve contributed to pricing tool development.
✨Showcase Your Collaboration Skills
This role requires a collaborative mindset. Think of instances where you've worked cross-functionally with underwriters or other teams. Be prepared to share how you communicated effectively with different stakeholders and how those interactions led to successful outcomes.
✨Demonstrate Continuous Improvement
The company values continuous improvement, so come armed with ideas! Think about how you've identified opportunities for enhancement in previous roles. Discuss any initiatives you've led or participated in that improved pricing maturity or capabilities.
✨Be Curious and Proactive
Your curiosity and proactive nature will set you apart. Prepare to discuss how you stay updated with industry trends and new methodologies. Share examples of how your desire to learn has positively impacted your work and the teams you've been part of.