At a Glance
- Tasks: Analyse and develop pricing models for insurance and reinsurance in a dynamic team.
- Company: Join a global specialty (re)insurer with a strong reputation in the Lloyd's market.
- Benefits: Competitive salary, high bonus potential, and opportunities for professional growth.
- Other info: Collaborative environment with exposure to international teams and innovative projects.
- Why this job: Combine your analytical skills with coding to make impactful decisions in pricing.
- Qualifications: Part-qualified actuary with 2-3 years of pricing experience and strong programming skills.
The predicted salary is between 50000 - 75000 £ per year.
If you're a part-qualified actuary (2-3 years) with pricing experience and enjoy combining technical modelling with commercial decision-making, this is an opportunity to work across both insurance and reinsurance pricing within the Lloyd's market.
Valayo are working with a global specialty (re)insurer looking to hire a Senior Pricing Analyst into their London team. This role offers exposure to both direct insurance and reinsurance pricing, with work split broadly 50/50 between the two. You will be working across all classes they write, but on the RI side, the portfolio includes Credit & Political Risk, Property CAT, providing a broad range of work throughout the year and exposure to different underwriting challenges.
The role sits in a highly technical actuarial team that works closely with underwriters. Alongside day-to-day pricing work, you'll be involved in analytical projects, model development and wider initiatives focused on improving how pricing is delivered across the business.
One of the team's major projects is the development of a new in-house Python based pricing platform. As a result, the role offers significant exposure to Python, R, R Shiny and pricing model development, making it particularly well suited to someone who enjoys coding and analytical problem solving.
The role offers exposure to:
- Insurance and reinsurance pricing (approximately 50/50)
- Pricing model development and enhancement
- Direct interaction with underwriters and senior stakeholders
- Portfolio reviews, inflation analysis and business performance deep-dives
- Development of a new global pricing platform
- Collaboration with actuarial teams across multiple international offices
The actuarial team has built a strong reputation within the business and works closely with underwriting, finance and claims teams. The environment is collaborative, technically strong and highly commercial, with actuaries playing an active role in decision-making across the business.
They're particularly interested in candidates who can combine technical pricing experience with strong communication skills and who are comfortable explaining analytical concepts to non-technical audiences. Previous London Market/Commercial Lines pricing experience is preferred, but the team is more focused on finding someone with strong analytical ability, programming skills and a real interest in learning.
(Re)insurance Senior Pricing Analyst | £50,000-£75,000 + High Bonus in London employer: Valayo
Valayo is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. As a Senior Pricing Analyst, you will benefit from a strong focus on employee growth through exposure to cutting-edge projects, including the development of a new Python-based pricing platform, while enjoying a culture that values technical expertise and commercial insight. With competitive compensation and a high bonus structure, this role not only promises meaningful work but also the opportunity to engage with a diverse range of underwriting challenges across both insurance and reinsurance sectors.
StudySmarter Expert Advice🤫
We think this is how you could land (Re)insurance Senior Pricing Analyst | £50,000-£75,000 + High Bonus in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Valayo. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace (Re)insurance Senior Pricing Analyst | £50,000-£75,000 + High Bonus in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Valayo.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Valayo's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Valayo
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Valayo.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Valayo will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Valayo employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
