At a Glance
- Tasks: Own and enhance pricing tools while producing accurate pricing quotes.
- Company: Dynamic insurance firm focused on innovation and process improvement.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Great opportunity for career growth in a fast-paced industry.
- Why this job: Join a team driving impactful changes in pricing processes and tools.
- Qualifications: Student member of IFoA or SOA with strong technical skills in actuarial modelling.
The predicted salary is between 50000 - 70000 £ per year.
Take ownership of the existing pricing tools (Tyche models and Excel models). Being responsible for the process of producing pricing quotes and making any upgrades and changes to the tools as required. Identify inefficiencies in pricing processes & controls and implement improvements to address these as part of the Company’s drive for process enhancements. Understanding of macroeconomic assumptions (interest rates, credit spreads, FX) impact on pricing. Being able to obtain and interpret required investment data from Bloomberg and from investment teams.
Qualifications Required:
- Student member of the IFoA or SOA, making good progress through the professional exams.
Experience Required:
- Strong technical skills necessary to build and run actuarial models, including pricing tools.
- Prior experience in Pricing is not necessarily required, but broad understanding of modelling mortality and/or market risks will be an advantage.
- Experience of transactions and/or pricing work is beneficial but not essential.
- Strong experience of Excel and actuarial modelling software (Tyche or similar).
- Good general understanding of market risks (interest rates, FX, credit spread, liquidity) and how they impact insurance capitalization.
Senior actuarial analyst – Deal Pricing – 29427 in London employer: The Emerald Group Ltd, Search and Selection
Contact Detail:
The Emerald Group Ltd, Search and Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior actuarial analyst – Deal Pricing – 29427 in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in pricing. They might have insider info on job openings or even refer you directly to hiring managers.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss your experience with pricing tools and how you've tackled inefficiencies in past roles. We want to see that you can take ownership of projects!
✨Tip Number 3
Showcase your understanding of macroeconomic factors during interviews. Be ready to explain how interest rates and credit spreads impact pricing decisions. This will demonstrate your analytical mindset and relevance to the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior actuarial analyst – Deal Pricing – 29427 in London
Some tips for your application 🫡
Show Off Your Skills: Make sure to highlight your technical skills in your application. We want to see your experience with actuarial models and pricing tools, so don’t hold back on showcasing what you’ve got!
Tailor Your Application: Take a moment to customise your application for this role. Mention your understanding of macroeconomic assumptions and how they relate to pricing – it’ll show us you’re serious about the position.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate straightforward communication, so avoid jargon and make your qualifications easy to understand.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Tools Inside Out
Make sure you’re familiar with Tyche models and Excel tools. Brush up on how they work, and be ready to discuss any upgrades or changes you've implemented in the past. This shows you’re proactive and can take ownership of the pricing tools.
✨Understand the Bigger Picture
Get a solid grasp of macroeconomic factors like interest rates, credit spreads, and FX. Be prepared to explain how these elements influence pricing decisions. This will demonstrate your analytical skills and understanding of the market.
✨Showcase Your Problem-Solving Skills
Think of examples where you've identified inefficiencies in processes and successfully implemented improvements. Highlighting your ability to enhance processes aligns perfectly with the company’s goals for continuous improvement.
✨Familiarise Yourself with Investment Data
Since you'll need to interpret investment data from Bloomberg and collaborate with investment teams, practice discussing how you would obtain and analyse this data. Being able to articulate this process will set you apart as a candidate who can bridge actuarial work with investment insights.