At a Glance
- Tasks: Join our London team to develop pricing models for exciting new business lines.
- Company: Be part of a dynamic company expanding across Europe in the insurance sector.
- Benefits: Enjoy a fixed-term contract with potential for growth and collaboration across countries.
- Why this job: This role offers a chance to impact pricing strategies and work with diverse teams.
- Qualifications: You need pricing experience in General Insurance and strong mathematical skills.
- Other info: This is a 12-month fixed-term contract, perfect for gaining valuable industry experience.
The predicted salary is between 48000 - 72000 £ per year.
They are looking to employ a Senior Pricing Analyst to be based in London to work with them on a 12 month fixed-term-contract.
- Location: London
- Type: Fixed Term
Key Duties (Including but not limited to):
- Working closely with the Company’s pricing team based in London along with Underwriters based in London, Ireland, Spain and Germany to develop a robust pricing framework supporting the European expansion project.
- Assess current available pricing models and their suitability for the proposed portfolios
- Develop and implement pricing models for new lines of business, ensuring alignment with underwriting strategy and risk appetite. Initially focusing on Property and Property & Casualty (P&C) combined products
- Collaborate with underwriting, claims, and data teams to gather insights and ensure robust data quality and assumptions
- Pricing experience in General Insurance
- Experience with Property insurance and/or P&C combined products an advantage
- Highly developed mathematical / statistical knowledge in (re)insurance
- Detailed knowledge of actuarial methods and techniques, and the ability to apply them in practice, making reasoned judgements within a business environment
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Senior Pricing Analyst – 12 Month FTC – 28894 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst – 12 Month FTC – 28894
✨Tip Number 1
Network with professionals in the insurance and pricing sectors. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest trends in pricing models, especially in Property and P&C combined products. Being able to discuss current methodologies and innovations during your interview will demonstrate your expertise and enthusiasm for the role.
✨Tip Number 3
Prepare to showcase your mathematical and statistical skills through practical examples. Think of specific projects or analyses you've conducted that highlight your ability to apply actuarial methods effectively in a business context.
✨Tip Number 4
Research the company’s recent projects and initiatives, particularly those related to European expansion. Understanding their strategic goals will allow you to tailor your discussions and show how your skills align with their objectives.
We think you need these skills to ace Senior Pricing Analyst – 12 Month FTC – 28894
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing analysis, particularly in General Insurance and Property & Casualty products. Use specific examples to demonstrate your mathematical and statistical knowledge.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with their needs, especially your experience with pricing models and collaboration with underwriting teams.
Showcase Relevant Skills: Emphasise your understanding of actuarial methods and techniques. Provide examples of how you've applied these skills in previous roles, particularly in developing pricing frameworks or models.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A well-presented application reflects your attention to detail, which is crucial for a Senior Pricing Analyst.
How to prepare for a job interview at The Emerald Group
✨Understand the Pricing Framework
Make sure you have a solid grasp of pricing frameworks, especially in relation to the European market. Be prepared to discuss how you would develop and implement these models, and think about examples from your past experience that demonstrate your expertise.
✨Showcase Your Mathematical Skills
Since the role requires highly developed mathematical and statistical knowledge, be ready to discuss specific techniques you've used in previous roles. You might even want to brush up on some actuarial methods to impress your interviewers.
✨Collaborate Effectively
Highlight your ability to work with cross-functional teams, such as underwriting, claims, and data teams. Prepare examples of how you've successfully collaborated in the past to gather insights and ensure data quality.
✨Prepare for Technical Questions
Expect technical questions related to property insurance and P&C combined products. Review key concepts and be ready to explain how you would assess the suitability of current pricing models for new portfolios.