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 and learning in a collaborative team.
- Why this job: Make a real impact by optimising pricing processes in a fast-paced industry.
- 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 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
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field, especially those who work with pricing tools. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your experience with Tyche models and Excel. Even if you haven't worked directly in pricing, demonstrating your technical prowess can set you apart.
✨Tip Number 3
Stay updated on market trends! Understanding how macroeconomic factors affect pricing is crucial. Follow relevant news and reports to discuss these insights during interviews.
✨Tip Number 4
Apply through our website! We make it easy for you to find roles that match your skills. Plus, applying directly shows your enthusiasm and commitment to joining our team.
We think you need these skills to ace Senior actuarial analyst – Deal Pricing – 29427
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 the Senior Actuarial Analyst role. Mention how your understanding of macroeconomic assumptions and market risks aligns with what we’re looking for.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate straightforward communication, so make sure your key points stand out without unnecessary fluff.
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’re considered for the role. Plus, it’s super easy!
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 Market
Get a solid grasp of macroeconomic assumptions like interest rates, credit spreads, and FX. Be prepared to explain how these factors influence pricing decisions. This will demonstrate your analytical skills and understanding of the broader market context.
✨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 drive for efficiency.
✨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.