Pricing Actuary (N/N Qualified) – 28238
Pricing Actuary (N/N Qualified) – 28238

Pricing Actuary (N/N Qualified) – 28238

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us to enhance our pricing models and ensure their accuracy.
  • Company: Be part of a leading Syndicate in the heart of London, shaping the future of pricing.
  • Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
  • Why this job: Make an impact in a dynamic environment while developing your actuarial skills.
  • Qualifications: Nearly or newly qualified actuary with strong pricing knowledge and Excel skills.
  • Other info: Experience with Python and R is a plus; embrace innovation in the London market.

The predicted salary is between 48000 - 72000 £ per year.

The purpose of this role is to expand the existing pricing capabilities of the Syndicate’s pricing function.

  • Location: London/Hybrid
  • Type: Permanent

Key Duties (Including but not limited to):

  • Developing an understanding of the existing technical pricing models and ensuring they remain robust.
  • Ensuring appropriate upkeep of accurate documentation for technical pricing models.
  • Testing and validation of model functionality.
  • Ensuring accurate data is used in the production of pricing reviews.
  • Carry out case pricing across a range of classes of business that the Company writes.

Minimum Requirements:

  • Nearly or newly qualified actuary.
  • Actuarial pricing knowledge required. General understanding of actuarial techniques necessary.
  • Understanding of actuarial techniques, modelling and validation processes; London market knowledge required.
  • Understanding of cat modelling.
  • Competent user of MS Excel; VBA, Python, Access and R skills desirable.

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Contact Detail:

The Emerald Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Actuary (N/N Qualified) – 28238

Tip Number 1

Familiarise yourself with the latest actuarial pricing models and techniques. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.

Tip Number 2

Network with professionals in the London market, especially those working in pricing roles. Attend industry events or webinars to build connections that could lead to valuable insights or referrals.

Tip Number 3

Brush up on your technical skills, particularly in Excel, VBA, Python, and R. Consider taking online courses or working on personal projects to demonstrate your proficiency in these areas.

Tip Number 4

Stay updated on current trends and challenges in the insurance market, especially regarding cat modelling. This knowledge can set you apart and show your commitment to the field during discussions.

We think you need these skills to ace Pricing Actuary (N/N Qualified) – 28238

Actuarial Pricing Knowledge
Technical Pricing Models
Documentation Skills
Model Testing and Validation
Data Accuracy Management
Case Pricing Expertise
Understanding of Actuarial Techniques
Modelling and Validation Processes
London Market Knowledge
Catastrophe Modelling
Proficiency in MS Excel
VBA Programming
Python Programming
Access Database Skills
R Programming

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Pricing Actuary position. Familiarise yourself with technical pricing models and actuarial techniques relevant to the role.

Tailor Your CV: Highlight your actuarial qualifications and any relevant experience in pricing or modelling. Make sure to include specific examples of your work with MS Excel, VBA, Python, Access, and R, as these skills are desirable for the role.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Discuss how your background aligns with the job requirements, particularly your understanding of the London market and cat modelling.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for an actuary role.

How to prepare for a job interview at The Emerald Group

Showcase Your Technical Knowledge

Make sure to brush up on your actuarial pricing knowledge and be prepared to discuss specific models you have worked with. Highlight your understanding of technical pricing models and how they apply to the role.

Demonstrate Your Data Skills

Since the role requires a competent user of MS Excel and familiarity with programming languages like VBA, Python, and R, be ready to discuss your experience with these tools. You might even want to prepare examples of how you've used them in past projects.

Understand the London Market

Having a solid grasp of the London market is crucial for this position. Research recent trends and challenges in the market, and be prepared to discuss how they could impact pricing strategies.

Prepare for Case Pricing Scenarios

Expect to be asked about case pricing across various classes of business. Think of examples from your previous experience where you successfully carried out case pricing and be ready to explain your thought process.

Pricing Actuary (N/N Qualified) – 28238
The Emerald Group
Location: London
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