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- Tasks: Expand pricing capabilities and ensure robust technical pricing models.
- Company: Join a leading Syndicate in the heart of London with a strong reputation.
- Benefits: Enjoy a hybrid work environment and opportunities for professional growth.
- Why this job: Be part of a dynamic team that values innovation and accuracy in pricing.
- Qualifications: Nearly or newly qualified actuary with actuarial pricing knowledge required.
- Other info: Familiarity with MS Excel, VBA, Python, Access, and R is a plus.
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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Pricing Actuary (N/N Qualified) – 28238 employer: The Emerald Group
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
Familiarize yourself with the specific pricing models used in the London market. Understanding these models will not only help you during the interview but also demonstrate your proactive approach to the role.
✨Tip Number 2
Brush up on your technical skills, especially in Excel, VBA, Python, and R. Being able to showcase your proficiency in these tools can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the actuarial field, particularly those who work in pricing. Engaging with industry peers can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Stay updated on the latest trends and developments in actuarial pricing and cat modelling. Showing that you are informed about current industry practices can impress interviewers.
We think you need these skills to ace Pricing Actuary (N/N Qualified) – 28238
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Pricing Actuary position. Make sure you understand the key duties and minimum requirements, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your actuarial pricing knowledge and any relevant experience you have with technical pricing models. Be specific about your skills in MS Excel, VBA, Python, Access, and R, as these are desirable for the role.
Showcase Your Skills: Demonstrate your understanding of actuarial techniques and modelling processes in your application. Provide examples of how you've applied these skills in previous roles or projects, particularly in relation to case pricing and data validation.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the specific requirements of the job. Mention your familiarity with the London market and your approach to ensuring robust pricing models, as this will show your genuine interest in the position.
How to prepare for a job interview at The Emerald Group
✨Showcase Your Actuarial Knowledge
Be prepared to discuss your understanding of actuarial pricing models and techniques. Highlight any relevant experience you have with model validation and testing, as this will demonstrate your capability to contribute to the team's existing pricing function.
✨Demonstrate Technical Proficiency
Since the role requires competency in MS Excel and familiarity with programming languages like VBA, Python, and R, be ready to provide examples of how you've used these tools in past projects. This will show that you can handle the technical aspects of the job effectively.
✨Understand the London Market
Research the London market and its specific challenges. Being able to discuss current trends or issues in the market will not only show your interest but also your readiness to engage with the complexities of the role.
✨Prepare Questions About the Role
Think of insightful questions to ask about the pricing function and the company's approach to case pricing. This shows your enthusiasm for the position and helps you gauge if the company is the right fit for you.
