At a Glance
- Tasks: Lead pricing for casualty reinsurance and drive strategic improvements in risk selection.
- Company: Fast-growing reinsurance carrier with a focus on innovation.
- Benefits: Competitive salary, professional development, and ownership of your portfolio.
- Other info: Join a collaborative environment with excellent career growth opportunities.
- Why this job: Make a real impact in a dynamic team and shape the future of reinsurance pricing.
- Qualifications: Qualified actuary with strong reinsurance or Lloyd's pricing experience.
The predicted salary is between 43200 - 72000 £ per year.
A fast growing carrier is looking to expand its reinsurance pricing team, seeking a qualified actuary to take ownership over pricing for its casualty book, becoming the key point of contact for the underwriters.
The successful candidate will lead day-to-day pricing, driving strategic improvements regarding risk selection. You'll develop a best in class pricing approach across the casualty reinsurance portfolio, encompassing liability, financial lines, professional lines, and specialty casualty.
Candidates ideally have strong reinsurance or Lloyd's pricing experience, are a qualified actuary, and have the drive to take ownership over a portfolio.
Reinsurance Pricing Actuary employer: The Actuary
At PMA, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored development programmes and the opportunity to lead impactful projects in the heart of the UK life insurance sector. With locations in London, Bristol, and Watford, we provide a vibrant environment where actuaries can thrive and make meaningful contributions to our clients' success.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Pricing Actuary
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and join online forums. The more people you know in the reinsurance world, the better your chances of landing that dream job.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding the latest trends in casualty pricing. We want you to be the go-to expert when discussing risk selection and pricing strategies!
✨Tip Number 3
Showcase your ownership mentality! During interviews, share examples of how you've taken charge of projects or improved processes in your previous roles. This will demonstrate your readiness to lead the pricing for the casualty book.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Reinsurance Pricing Actuary
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that align with the Reinsurance Pricing Actuary role. Highlight your reinsurance or Lloyd's pricing experience, as well as any relevant qualifications.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this position. Share your passion for pricing and how you can drive strategic improvements in risk selection for our casualty book.
Showcase Your Ownership Mindset:In your application, emphasise your ability to take ownership of a portfolio. We want to see examples of how you've led projects or initiatives in the past, especially in pricing or actuarial roles.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. This way, we can easily track your application and get back to you quicker!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
As a Reinsurance Pricing Actuary, you'll need to demonstrate your strong analytical skills. Brush up on key metrics and pricing models relevant to casualty reinsurance. Be ready to discuss how you've applied these in past roles.
✨Understand the Underwriting Perspective
Since you'll be the key point of contact for underwriters, it's crucial to understand their needs and challenges. Prepare examples of how you've collaborated with underwriters in the past to drive strategic improvements in risk selection.
✨Showcase Your Ownership Mindset
This role requires taking ownership of a portfolio, so be prepared to share instances where you've led projects or initiatives. Highlight your ability to drive results and make decisions that positively impact the business.
✨Stay Current with Industry Trends
The reinsurance landscape is always evolving. Familiarise yourself with recent trends and changes in the market, especially regarding liability and specialty casualty lines. This will show your passion for the field and your commitment to continuous learning.
