Pricing Actuary

Pricing Actuary

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team to price new business transactions and utilise your actuarial skills.
  • Company: Star Actuarial is a leading specialist insurer known for its innovative approach.
  • Benefits: Enjoy a supportive work environment with opportunities for career growth and development.
  • Why this job: Make an impact in the insurance industry while working with a talented team.
  • Qualifications: Part-qualified or qualified life actuary with strong Excel skills and DB pension knowledge.
  • Other info: Contact Antony Buxton for a chat about your career goals and this exciting opportunity.

The predicted salary is between 36000 - 60000 £ per year.

Star Actuarial is currently representing a fantastic opportunity for a part-qualified or qualified life actuary to join a leading specialist insurer's team where you will be responsible for pricing new business transactions.

With strong Excel skills, the successful candidate will possess knowledge of DB pension benefits. Recent experience of actuarial modelling within a pensions consultancy or life insurance company is an advantage.

Pricing Actuary employer: Star Actuarial Futures

Star Actuarial is an exceptional employer, offering a dynamic work environment where part-qualified and qualified life actuaries can thrive. With a strong emphasis on professional development, employees benefit from tailored growth opportunities and a collaborative culture that values innovation and expertise. Located in a vibrant area, the company provides a unique chance to engage with industry leaders while contributing to meaningful projects in the insurance sector.
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Contact Detail:

Star Actuarial Futures Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Actuary

✨Tip Number 1

Network with professionals in the actuarial field, especially those who work in pricing or pensions. Attend industry events or webinars to connect with potential colleagues and learn more about the specific skills they value.

✨Tip Number 2

Brush up on your Excel skills, as they are crucial for this role. Consider taking an online course or working on personal projects that require advanced Excel functions to demonstrate your proficiency.

✨Tip Number 3

Familiarise yourself with the latest trends and regulations in DB pension benefits. This knowledge will not only help you in interviews but also show your commitment to staying updated in the field.

✨Tip Number 4

Prepare for potential technical interviews by practising actuarial modelling scenarios. Use case studies or past experiences to showcase your problem-solving skills and how you approach pricing new business transactions.

We think you need these skills to ace Pricing Actuary

Strong Excel Skills
Actuarial Modelling
Knowledge of DB Pension Benefits
Analytical Skills
Attention to Detail
Problem-Solving Skills
Communication Skills
Data Analysis
Statistical Analysis
Financial Modelling
Risk Assessment
Regulatory Knowledge
Team Collaboration
Adaptability

Some tips for your application 🫡

Understand the Role: Familiarise yourself with the responsibilities of a Pricing Actuary. Highlight your experience in pricing new business transactions and your knowledge of DB pension benefits in your application.

Showcase Your Excel Skills: Since strong Excel skills are essential for this role, make sure to mention any relevant projects or experiences where you utilised Excel effectively. Consider including specific examples of how you've used Excel in actuarial modelling.

Highlight Relevant Experience: If you have recent experience in actuarial modelling within a pensions consultancy or life insurance company, be sure to emphasise this in your CV and cover letter. Tailor your application to reflect how this experience aligns with the job requirements.

Craft a Compelling Cover Letter: Write a personalised cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention why you are interested in working with a leading specialist insurer and how you can contribute to their team.

How to prepare for a job interview at Star Actuarial Futures

✨Brush Up on Excel Skills

Since strong Excel skills are crucial for the Pricing Actuary role, make sure to review advanced functions and modelling techniques. Practising with real-life scenarios can help you demonstrate your proficiency during the interview.

✨Understand DB Pension Benefits

Familiarise yourself with defined benefit pension schemes and their implications in pricing. Being able to discuss these concepts confidently will show your expertise and relevance to the role.

✨Showcase Relevant Experience

If you have recent experience in actuarial modelling within a pensions consultancy or life insurance company, be prepared to discuss specific projects or challenges you faced. This will highlight your practical knowledge and problem-solving abilities.

✨Prepare Questions for the Interviewer

Think of insightful questions to ask about the company's approach to pricing new business transactions. This not only shows your interest but also helps you gauge if the company aligns with your career goals.

Pricing Actuary
Star Actuarial Futures
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