Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join us as a Senior Actuarial Analyst, reviewing client processes and creating pricing models.
- Company: We're a dynamic insurtech scale-up with Series A funding, ready to revolutionise the insurance sector.
- Benefits: Enjoy flexible working options, advanced training, and opportunities for career growth in a vibrant environment.
- Why this job: Be part of an innovative team shaping the future of insurance with impactful products and solutions.
- Qualifications: BSc/MSc in analytical subjects; insurance experience is essential, especially in the London market.
- Other info: Gain advanced BA qualifications and actuarial training while working on exciting projects.
The predicted salary is between 36000 - 60000 £ per year.
My client is a vibrant scale-up who have secured Series A funding and are looking to expand greatly over the coming years. They specialise in the insurance sector and are in need of an additional Senior Technical Analyst/Actuarial Analyst with plenty of experience in the insurance space to help them develop their two key products.
Summary of role:
The Senior Analyst is responsible for reviewing assigned client business processes from end-to-end to identify and address operational, financial and technological risks. Identify opportunities to improve efficiency. Liaise with software team to provide the most efficient solution. Creating pricing models in Excel, Python and R that can be used as templates for clients who do not have this capacity. This role will work in the General Insurance space, specifically helping them to develop their product for the insurance markets of Reinsurance and the London market.
Experience of:
- BSc or MSc in analytical subject e.g. Mathematics, Sciences, Engineering is required
- Insurance - either in an underwriting, actuarial or systems capacity a must
- Prefer London Market or large Reinsurance experience either directly within Lloyd’s or one of the Managing Agents or Delegated Authorities
- Advanced knowledge of MS Excel including VBA and User Defined Functions is essential
- Insurance/actuarial pricing model techniques preferred
- R or Python experience beneficial but not required
- Experience and knowledge of Behaviour-Driven Development (BDD) in Gherkin syntax beneficial
- Product development and the life cycle of a software product
- Ticket tracking software such as JIRA and Agile workflows
- Populating backlogs and building/planning sprints
Tasks involved:
- Requirements gathering using appropriate technique(s) including:
- Facilitating requirements workshops with business stakeholders
- Provide diagrams and other visual aids to clearly communicate concepts
- Ask clarifying questions to ensure understanding and tease out implicit requirements
- Document and communicate the outcomes of the workshop in specifications and BDD documentation
- 1:1 Interviews
- Converting existing, complex pricing models clients have created in Excel (VBA), Python and R into our proprietary solutions
- Creating models that can be used as templates in similar that can be used by less sophisticated clients that do not have them ready to go.
- Creating custom models/raters in similar from underwriter guidelines and rules.
- Orchestrating pricing workflows between a combination of the above.
Additional skills and qualifications you will develop as a Business Analyst and into future roles:
- Continue to develop your understanding of the dependencies between elements of a project through running daily meetings with developers, business analysts and clients.
- Be able to understand client priorities and how these relate to software deliverables through running meaningful and structured meetings
- Client/project management skills required to keep clients happy and projects on track
- Advanced BA qualifications provided and funded depending on your specialisation (industry specific, project management, product development etc.)
- Actuarial qualifications provided and funded.
- Advanced product/project management skills based on the path taken
Actuarial Analyst - Insurtech - Reinsurance and the London market (pricing) . employer: The Workplace Consultancy
Contact Detail:
The Workplace Consultancy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst - Insurtech - Reinsurance and the London market (pricing) .
✨Tip Number 1
Familiarise yourself with the specific requirements of the London market and reinsurance. Understanding the nuances of these sectors will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your Excel skills, especially VBA and User Defined Functions. Since advanced knowledge in these areas is essential for the role, being able to showcase your proficiency can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the insurance and actuarial fields, particularly those with experience in the London market. Engaging with industry experts can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss your experience with pricing models and any relevant software development methodologies like Agile or BDD. Being able to articulate your past projects and how they relate to the job will show your readiness for the role.
We think you need these skills to ace Actuarial Analyst - Insurtech - Reinsurance and the London market (pricing) .
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the insurance sector, particularly in actuarial roles. Emphasise your skills in pricing models, Excel, Python, and R, as well as any experience with the London market or reinsurance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurtech industry and your understanding of the company's goals. Mention specific projects or experiences that align with the role's requirements, such as your experience with pricing models or stakeholder management.
Highlight Technical Skills: In your application, clearly outline your technical skills, especially your advanced knowledge of MS Excel, VBA, and any programming experience with Python or R. Provide examples of how you've used these skills in previous roles to solve problems or improve processes.
Showcase Problem-Solving Abilities: Demonstrate your analytical thinking and problem-solving skills by including examples of how you've identified risks and improved efficiencies in past projects. This will resonate well with the responsibilities outlined in the job description.
How to prepare for a job interview at The Workplace Consultancy
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in Excel, Python, and R during the interview. Be prepared to discuss specific projects where you've used these tools, especially in creating pricing models or working with complex data sets.
✨Understand the Insurance Landscape
Familiarise yourself with the London market and reinsurance processes. Demonstrating knowledge of current trends and challenges in the insurance sector will show that you're not just technically skilled but also industry-savvy.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Prepare to discuss how you would approach requirements gathering or stakeholder management in a real-world scenario, showcasing your analytical thinking and communication skills.
✨Emphasise Collaboration and Communication
Since the role involves liaising with various teams, be ready to talk about your experience in collaborative environments. Share examples of how you've effectively communicated complex ideas to non-technical stakeholders or worked within Agile frameworks.
