At a Glance
- Tasks: Collaborate on pricing models and engage in predictive analytics projects.
- Company: Join a leading Lloyd's/London Market Insurer with a dynamic team.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Make an impact in pricing while developing your analytical skills.
- Qualifications: Minimum 2 years in general insurance actuarial; strong IT skills required.
- Other info: London-based role with a supportive team and career advancement opportunities.
The predicted salary is between 36000 - 60000 Β£ per year.
Our client, a Lloyd's/London Market Insurer, is looking to hire two individuals into their established pricing team. These roles are London based (3 days in the office) and require candidates to have a right to work in the UK.
In these roles you will be collaborating with the rest of the pricing department and dealing with a variety of stakeholders including underwriters. You will be supporting the enhancement and embedding of rating models and tools, case pricing activity, analysis in support of the business planning cycle, and engaging in predictive analytics projects alongside other responsibilities.
These roles would suit actuarial analysts who have been in the industry for 2 years' minimum. The hiring manager is open to all backgrounds providing it is within general insurance actuarial, making it an excellent opportunity to pivot into pricing from either reserving or capital.
They require strong IT literacy which includes Excel, Python/R, SQL and VBA. Experience of predictive analytics is desirable and European languages are advantageous.
Pricing Actuarial Analyst (exclusive to Eames) employer: The Actuary
Contact Detail:
The Actuary Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Pricing Actuarial Analyst (exclusive to Eames)
β¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. You never know who might have a lead on a role or can put in a good word for you.
β¨Tip Number 2
Prepare for those interviews! Brush up on your technical skills, especially in Excel, Python/R, SQL, and VBA. Be ready to discuss how you've used these tools in your previous roles.
β¨Tip Number 3
Showcase your analytical skills! Be prepared to talk about any predictive analytics projects you've worked on. Highlight how your insights contributed to business decisions.
β¨Tip Number 4
Apply through our website! Itβs the best way to ensure your application gets noticed. Plus, weβre here to support you every step of the way in landing that dream job.
We think you need these skills to ace Pricing Actuarial Analyst (exclusive to Eames)
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Pricing Actuarial Analyst role. Highlight your experience in general insurance actuarial and any relevant skills like Excel, Python/R, SQL, and VBA. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're interested in this role and how your skills can benefit our pricing team. Be genuine and let your personality come through β we love to see enthusiasm!
Showcase Your Analytical Skills: Since this role involves predictive analytics, make sure to mention any projects or experiences that demonstrate your analytical prowess. Weβre keen on seeing how youβve used data to drive decisions or improve processes in your previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way to ensure your application gets into the right hands. Plus, it shows us youβre serious about joining our team at StudySmarter!
How to prepare for a job interview at The Actuary
β¨Know Your Numbers
As a Pricing Actuarial Analyst, you'll be dealing with data and models. Brush up on your technical skills, especially in Excel, Python/R, SQL, and VBA. Be ready to discuss how you've used these tools in past roles or projects.
β¨Understand the Business
Familiarise yourself with the Lloyd's/London Market and the specific challenges it faces. Research the companyβs recent projects or initiatives in pricing and predictive analytics. This will show your genuine interest and help you engage meaningfully with the interviewers.
β¨Prepare for Stakeholder Interaction
Since you'll be collaborating with underwriters and other stakeholders, think about how you can communicate complex actuarial concepts clearly. Prepare examples of how you've successfully worked with different teams in the past to demonstrate your collaborative skills.
β¨Showcase Your Analytical Mindset
Be ready to discuss your experience with predictive analytics and case pricing activities. Think of specific examples where your analysis led to actionable insights or improvements. This will highlight your problem-solving abilities and analytical mindset, which are crucial for this role.