At a Glance
- Tasks: Own and enhance pricing tools while delivering accurate pricing quotes.
- Company: Dynamic company focused on savings and retirement solutions.
- Benefits: Permanent position with competitive salary and career development opportunities.
- Why this job: Join a team driving process improvements in a fast-paced environment.
- Qualifications: Recently qualified actuary with strong technical skills in modelling.
- Other info: Exciting opportunity for growth in the actuarial field.
The predicted salary is between 36000 - 60000 £ per year.
They have an exciting opportunity for an individual with a strong technical actuarial/investment background to join the S&R Deal pricing team delivering on the team’s responsibilities.
Location: London
Type: Permanent
Key Duties (Including but not limited to):
- 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.
- Understand the drivers of capital requirements for S&R products and how these vary under different reinsurance structures. This includes across economic capital, Bermuda Monetary Authority and NAIC RBC regimes.
- Ideally, recently qualified actuary and a member of the IFoA or SOA.
- 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).
Deal Pricing Actuary, Savings and Retirement – 29383 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Deal Pricing Actuary, Savings and Retirement – 29383
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field, especially those who work in pricing. LinkedIn is your best mate here; connect with people and don’t be shy to ask for informational chats.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can talk confidently about pricing tools and macroeconomic assumptions. We want you to shine when discussing how these impact pricing!
✨Tip Number 3
Showcase your problem-solving skills! Be ready to discuss any past experiences where you identified inefficiencies and implemented improvements. This will demonstrate your proactive approach, which is key for 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 keen to join us directly!
We think you need these skills to ace Deal Pricing Actuary, Savings and Retirement – 29383
Some tips for your application 🫡
Show Off Your Technical Skills: Make sure to highlight your technical actuarial and investment background in your application. We want to see how your skills align with the responsibilities of the Deal Pricing Actuary role, so don’t hold back on showcasing your experience with pricing tools and models!
Tailor Your Application: Take a moment to customise your CV and cover letter for this specific role. We love seeing candidates who understand the nuances of the position, so mention any relevant experience with macroeconomic assumptions or capital requirements that could set you apart from the crowd.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured applications that get straight to the heart of your qualifications and experiences. Avoid fluff and focus on what makes you a great fit for our team!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for!
How to prepare for a job interview at The Emerald Group
✨Know Your Tools Inside Out
Make sure you’re familiar with the pricing tools mentioned in the job description, like Tyche models and Excel. Brush up on how these tools work and be ready to discuss any upgrades or changes you think could improve efficiency.
✨Understand the Market Dynamics
Get a solid grasp of macroeconomic assumptions such as interest rates and credit spreads. Be prepared to explain how these factors impact pricing and be ready to discuss any relevant data you've gathered from sources like Bloomberg.
✨Showcase Your Technical Skills
Highlight your technical actuarial skills during the interview. If you have experience building and running actuarial models, share specific examples. Even if you lack direct pricing experience, demonstrating your understanding of mortality and market risks can set you apart.
✨Be Ready for Scenario Questions
Expect questions that test your problem-solving abilities. Prepare for scenarios where you might need to identify inefficiencies in pricing processes and suggest improvements. Think about past experiences where you’ve successfully implemented changes or optimised processes.