Senior Pricing Analyst – Insurance & Reinsurance
Senior Pricing Analyst – Insurance & Reinsurance

Senior Pricing Analyst – Insurance & Reinsurance

Full-Time 42000 - 84000 £ / year (est.) No home office possible
Go Premium
The Actuary

At a Glance

  • Tasks: Support pricing activities and develop models for insurance and reinsurance.
  • Company: Leading firm in the insurance and reinsurance sector.
  • Benefits: Competitive salary, professional development, and a collaborative work environment.
  • Why this job: Join a dynamic team and make an impact in the insurance industry.
  • Qualifications: Nearly or newly qualified actuaries with case pricing experience.
  • Other info: Strong Excel skills required; R or Python knowledge is a plus.

The predicted salary is between 42000 - 84000 £ per year.

A leading insurance and reinsurance firm is seeking a Senior Pricing Analyst to support pricing activities across various business lines. The successful candidate will develop and maintain pricing models, conduct profitability reviews, and collaborate with underwriting teams.

Candidates must be nearly or newly qualified actuaries with significant experience in case pricing, preferably in the Lloyd’s or London market. Strong skills in Excel are essential, while proficiency in R or Python is advantageous. This role requires excellent communication and analytical skills.

Senior Pricing Analyst – Insurance & Reinsurance employer: The Actuary

As a leading insurance and reinsurance firm, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that encourages growth and creativity. Located in the heart of the London market, we offer unique exposure to industry leaders and cutting-edge practices, making us an exceptional employer for those seeking a meaningful career in pricing analysis.
The Actuary

Contact Detail:

The Actuary Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pricing Analyst – Insurance & Reinsurance

Tip Number 1

Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We can’t stress enough how personal connections can open doors for you in the insurance and reinsurance world.

Tip Number 2

Show off your skills! Prepare a portfolio showcasing your pricing models and analytical work. We want to see your Excel prowess and any projects you've tackled using R or Python. This will set you apart from the crowd!

Tip Number 3

Practice your interview skills! Mock interviews with friends or mentors can help you articulate your experience and knowledge. We know that being able to communicate effectively is key, especially when collaborating with underwriting teams.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. We’re always on the lookout for talented individuals like you, so don’t hesitate to put yourself out there!

We think you need these skills to ace Senior Pricing Analyst – Insurance & Reinsurance

Pricing Model Development
Profitability Analysis
Collaboration with Underwriting Teams
Actuarial Qualifications
Case Pricing Experience
Lloyd's Market Knowledge
London Market Knowledge
Excel Proficiency
R Programming
Python Programming
Communication Skills
Analytical Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in case pricing and any relevant work in the Lloyd’s or London market. We want to see how your skills align with what we’re looking for, so don’t be shy about showcasing your achievements!

Show Off Your Skills: Since strong Excel skills are a must, include specific examples of how you've used Excel in your previous roles. If you’ve dabbled in R or Python, mention that too! We love seeing candidates who can bring technical skills to the table.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about pricing in insurance and reinsurance. We want to know what excites you about this role and how you can contribute to our team.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen to join our team!

How to prepare for a job interview at The Actuary

Know Your Numbers

As a Senior Pricing Analyst, you'll be expected to have a solid grasp of pricing models and profitability reviews. Brush up on your technical skills in Excel, R, or Python before the interview. Be ready to discuss specific examples of how you've used these tools in past roles.

Understand the Market

Familiarise yourself with the Lloyd’s and London market dynamics. Research recent trends and challenges in insurance and reinsurance pricing. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role and the industry.

Communicate Clearly

Strong communication skills are crucial for this position. Practice explaining complex pricing concepts in simple terms. You might be asked to present your ideas or findings, so being able to articulate your thoughts clearly will set you apart from other candidates.

Collaborate and Connect

Since the role involves working closely with underwriting teams, think about how you can demonstrate your collaborative skills. Prepare examples of successful teamwork from your previous experiences, highlighting how you contributed to achieving common goals.

Senior Pricing Analyst – Insurance & Reinsurance
The Actuary
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>