At a Glance
- Tasks: Develop and maintain pricing models while collaborating with the Actuarial Analytics team.
- Company: Leading insurance firm focused on innovation and teamwork.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Qualified Actuary with a numerate degree and strong analytical skills.
- Other info: Great opportunity for career advancement in a supportive environment.
The predicted salary is between 60000 - 80000 £ per year.
Overview
Key Duties (Including but not limited to):
- Develop (or maintain) pricing models in line with Underwriter focus areas, in collaboration with the Actuarial Analytics department.
- Support Underwriter risk selection by developing information or analytics provided by the Actuarial function through the Enhanced Risk Review process.
- Provide input to the bi-annual reserving study for the relevant division(s) using appropriate techniques/analysis to calculate best estimate reserves and currency allocations.
- Identify classes for targeted review and perform bespoke analysis as required, ensuring appropriate level of involvement and input from all key stakeholders.
- Support the Actuarial Function and Capital Modelling teams in the parameterisation of the internal model in respect of Underwriting Risk and Reserving Risk as required.
Qualifications Required
- Qualified Actuary (FIA, FFA or equivalent).
- Obtained a relevant, numerate degree with a good overall grade.
Experience Required
- Experience of managing analysts/students and prioritising workloads.
- Sound commercial general insurance Lloyd’s/company market experience.
- Experience in Casualty, preferably with direct pricing or Underwriting experience of this division.
- Excellent IT skills.
Treaty Actuary – 29596 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 Treaty Actuary – 29596
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to pricing models and risk selection. We want you to shine when discussing your experience!
✨Tip Number 3
Showcase your analytical skills! Bring examples of your past work, especially any bespoke analyses you've done. This will help us see how you can contribute to our team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are keen to join us directly.
We think you need these skills to ace Treaty Actuary – 29596
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Treaty Actuary role. Highlight your experience in pricing models and any relevant actuarial qualifications. We want to see how your skills align with what we're looking for!
Showcase Your Experience: When writing your application, don’t just list your past jobs. Instead, showcase specific projects or tasks where you’ve developed pricing models or supported underwriting risk selection. This helps us see your practical experience in action.
Be Clear and Concise: Keep your application clear and to the point. Use bullet points for key achievements and avoid jargon unless it’s relevant to the role. We appreciate straightforward communication that gets to the heart of your qualifications.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Numbers
As a Treaty Actuary, you'll be dealing with pricing models and reserves. Brush up on your numerical skills and be ready to discuss specific examples of how you've developed or maintained pricing models in the past. Show them you can handle the numbers!
✨Collaborate Like a Pro
Collaboration is key in this role, especially with the Actuarial Analytics department. Prepare to talk about times when you've worked with other teams to support risk selection or enhance processes. Highlight your teamwork skills and how you value input from stakeholders.
✨Stay Current with Industry Trends
Make sure you're up-to-date with the latest trends in general insurance and the Lloyd's market. Be ready to discuss how these trends might impact pricing and reserving. This shows that you're not just qualified but also engaged with the industry.
✨Showcase Your Leadership Skills
Since the role involves managing analysts and prioritising workloads, think of examples where you've led a team or mentored others. Discuss your approach to leadership and how you ensure tasks are completed efficiently while supporting your team's development.