Senior Pricing Actuary - Fully Remote
Senior Pricing Actuary - Fully Remote

Senior Pricing Actuary - Fully Remote

London Full-Time 48000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Evaluate and price new MGA opportunities to meet profitability targets.
  • Company: Join a specialty firm focused on innovative insurance solutions.
  • Benefits: Enjoy the flexibility of a fully remote position with a permanent role.
  • Why this job: Advance your career in a dynamic environment with strong analytical challenges.
  • Qualifications: Qualified GI actuary with experience in commercial or personal lines pricing.
  • Other info: Proficiency in Python, R, and Excel is essential for success.

The predicted salary is between 48000 - 84000 £ per year.

Job Description

Fully remote | Specialty Firm

Permanent | Specialty Lines Pricing

Are you a qualified GI actuary with strong analytical and modelling skills?

This is an exciting opportunity to take the next step in your career within a specialty firm where you will evaluate and price new MGA (Managing General Agent) opportunities to ensure profitability targets are achieved.

You will also develop rate level and rating algorithm changes needed to achieve profitability.

Commercial lines pricing experience is preferable, but personal lines backgrounds will be considered.

Successful candidates will be proficient in industry-standard software (e.g., Python, R, Excel).

Get in touch now for more information regarding this excellent, fully remote role.

Star Ref: Star9047

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Senior Pricing Actuary - Fully Remote employer: Star Actuarial Futures

Join a dynamic specialty firm that values innovation and analytical excellence, offering a fully remote work environment that promotes flexibility and work-life balance. With a strong focus on employee growth, we provide ample opportunities for professional development and career advancement in the exciting field of specialty lines pricing. Our collaborative culture encourages creativity and empowers you to make impactful contributions while working with cutting-edge tools and technologies.
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Contact Detail:

Star Actuarial Futures Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pricing Actuary - Fully Remote

Tip Number 1

Make sure to highlight your experience with pricing in commercial lines, as this is preferred for the role. If you have personal lines experience, be ready to explain how those skills can transfer to commercial lines.

Tip Number 2

Familiarize yourself with the latest trends in specialty lines pricing and MGA opportunities. Being knowledgeable about current market conditions will help you stand out during discussions.

Tip Number 3

Demonstrate your proficiency in industry-standard software like Python, R, and Excel. Consider preparing examples of how you've used these tools in past projects to showcase your analytical and modeling skills.

Tip Number 4

Network with professionals in the actuarial field, especially those working in specialty firms. Engaging with others in the industry can provide valuable insights and potentially lead to referrals.

We think you need these skills to ace Senior Pricing Actuary - Fully Remote

Qualified GI Actuary
Strong Analytical Skills
Modelling Skills
Commercial Lines Pricing Experience
Personal Lines Background
Proficiency in Python
Proficiency in R
Advanced Excel Skills
Rate Level Development
Rating Algorithm Changes
Profitability Analysis
Attention to Detail
Problem-Solving Skills
Communication Skills
Adaptability

Some tips for your application 🫡

Highlight Relevant Experience: Make sure to emphasize your experience in pricing and actuarial work, especially in commercial lines. If you have worked with MGA opportunities or have relevant personal lines experience, be sure to mention that.

Showcase Analytical Skills: Demonstrate your strong analytical and modeling skills in your application. Provide specific examples of how you've used these skills in past roles, particularly with industry-standard software like Python, R, or Excel.

Tailor Your CV: Customize your CV to align with the job description. Use keywords from the posting, such as 'profitability targets' and 'rating algorithm changes', to ensure your application stands out.

Craft a Compelling Cover Letter: Write a 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 this specialty firm and how you can contribute to their success.

How to prepare for a job interview at Star Actuarial Futures

Showcase Your Analytical Skills

As a Senior Pricing Actuary, your analytical and modeling skills are crucial. Be prepared to discuss specific examples of how you've used these skills in past roles, particularly in pricing or evaluating new opportunities.

Familiarize Yourself with Industry Software

Make sure you are comfortable discussing your experience with industry-standard software like Python, R, and Excel. You might be asked to demonstrate your proficiency, so having examples ready can set you apart.

Understand the Specialty Lines Market

Research the specialty lines market and be ready to discuss current trends and challenges. This knowledge will show your genuine interest in the role and your ability to contribute to the firm's success.

Prepare for Behavioral Questions

Expect behavioral questions that assess your problem-solving abilities and teamwork. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

Senior Pricing Actuary - Fully Remote
Star Actuarial Futures
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