At a Glance
- Tasks: Develop and enhance pricing models while supporting underwriters in assessing pricing adequacy.
- Company: Leading firm in the London General Insurance market with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Ideal for those with five years of pricing experience looking to grow their career.
- Why this job: Join a dynamic team and make a significant impact on pricing strategies.
- Qualifications: Qualified Actuary with a 2:1 degree and strong A-Level Mathematics.
The predicted salary is between 70000 - 90000 £ per year.
Overview
Key Duties (Including but not limited to):
- Develop, review and enhance the pricing models for each line of business, including price monitoring (e.g. Open Market Property model calibration and delegated experience rating).
- Support the underwriters to assess pricing adequacy on individual accounts both open market and binders.
- Monitor Class and Business performance by assessing key pricing metrics against planned targets. Communicate findings and develop supporting pricing actions.
Qualifications Required:
- Qualified Actuary (IFoA or equivalent).
- 2:1 degree.
- Grade A at A-Level Mathematics.
Experience Required:
- Pricing experience.
- Experience of working within the London General Insurance market.
- Minimum five years of experience.
SPECIALITY & PROPERTY ACTUARY – 29840 in London employer: The Emerald Group Ltd, Search and Selection
As a leading player in the London General Insurance market, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that encourages growth and excellence in actuarial practices. Join us to be part of a team that not only drives business success but also prioritises your career advancement in a vibrant city known for its rich history and diverse opportunities.
Contact Details:
The Emerald Group Ltd, Search and Selection Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land SPECIALITY & PROPERTY ACTUARY – 29840 in London
✨Dive Into Industry Networking Events
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We think you need these skills to ace SPECIALITY & PROPERTY ACTUARY – 29840 in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at The Emerald Group Ltd, Search and Selection.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Emerald Group Ltd, Search and Selection. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Emerald Group Ltd, Search and Selection to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at The Emerald Group Ltd, Search and Selection, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding The Emerald Group Ltd, Search and Selection's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
