At a Glance
- Tasks: Assess pricing for unique risks and analyse data from pricing models.
- Company: Established London Market insurer with a specialist pricing team.
- Benefits: Competitive salary, mentoring opportunities, and engaging work environment.
- Why this job: Make an impact by communicating results to underwriters and leading a team.
- Qualifications: 4+ years in General Insurance, preferably in Pricing, with strong communication skills.
- Other info: Great opportunity for career growth and front-facing responsibilities.
The predicted salary is between 36000 - 60000 £ per year.
I am looking for a qualified actuary to join an established London Market insurer in their specialist pricing team. Key responsibilities will include individual pricing assessment of large or unique risk, communicating the impact of results to the underwriters and analysis of data from pricing models. Assistance of the building, review and maintenance of pricing models and business planning will also be within the candidates remit.
This role will offer a lot of front-facing responsibilities and engagement with underwriters - as such, great communication skills are a must. You will also be managing 1-2 analysts so mentoring/management experience would be a bonus.
The suitable candidate will have 4+ years of General Insurance (ideally Pricing) but also open to any other London Market experience in reserving or capital.
Marine Pricing Actuary employer: The Actuary
Contact Detail:
The Actuary Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Marine Pricing Actuary
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars to meet potential employers and showcase your expertise in pricing and data analysis.
✨Tip Number 2
Prepare for interviews by brushing up on your communication skills. Since this role involves engaging with underwriters, practice explaining complex pricing models in simple terms. We want you to shine when discussing your experience!
✨Tip Number 3
Showcase your mentoring abilities! If you've managed analysts before, be ready to share examples of how you've guided them. This will highlight your leadership skills and make you stand out as a candidate.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities that match your skills. Plus, it’s a great way to ensure your application gets the attention it deserves. Don’t miss out!
We think you need these skills to ace Marine Pricing Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in pricing and any relevant London Market roles. We want to see how your skills align with the responsibilities mentioned in the job description, so don’t hold back on showcasing your achievements!
Show Off Your Communication Skills: Since this role involves a lot of interaction with underwriters, it’s crucial to demonstrate your communication prowess. Use clear and concise language in your application, and consider including examples of how you've effectively communicated complex data in the past.
Highlight Your Mentoring Experience: If you’ve got experience managing or mentoring analysts, make sure to mention it! We value leadership skills, so share any relevant experiences that showcase your ability to guide and support others in their professional development.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications better and ensures you’re considered for the role without any hiccups. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
As a Marine Pricing Actuary, you'll be dealing with complex data and pricing models. Brush up on your technical skills and be ready to discuss specific examples of how you've assessed large or unique risks in the past. This will show your expertise and confidence in handling the role.
✨Communicate Clearly
Since this role involves a lot of front-facing responsibilities, practice explaining your analysis and results in simple terms. Think about how you would communicate complex actuarial concepts to underwriters who may not have a technical background. Clear communication can set you apart from other candidates.
✨Showcase Your Leadership Skills
If you have experience managing or mentoring analysts, be sure to highlight this during your interview. Share specific instances where you've guided team members or contributed to their professional development. This will demonstrate your ability to lead and collaborate effectively within the pricing team.
✨Research the Company and Market
Familiarise yourself with the company’s position in the London Market and any recent developments in marine insurance. Being knowledgeable about the industry will not only impress your interviewers but also help you ask insightful questions, showing your genuine interest in the role and the company.