Move from Reserving to Reinsurance Pricing

Move from Reserving to Reinsurance Pricing

Full-Time 36000 - 60000 £ / year (est.) On-site
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At a Glance

  • Tasks: Transition from reserving to reinsurance pricing in a dynamic broking environment.
  • Company: Join a leading firm in the reinsurance sector with a collaborative culture.
  • Benefits: Competitive salary and opportunities for professional growth.
  • Other info: Exciting career path with no visa sponsorship available.
  • Why this job: Make an impact in reinsurance pricing while working with diverse stakeholders.
  • Qualifications: Reservoir actuary experience and strong client-facing skills are essential.

The predicted salary is between 36000 - 60000 £ per year.

I’m looking to speak with reserving actuaries at the nearly/newly qualified level up to a few years' post-qualification who are interested in moving into a reinsurance pricing role in broking.

Ideally, you’ll have experience across medium to long-tail and/or specialty classes, along with a strong track record of working with multiple stakeholders. Prior client-facing/consulting experience would be highly valued.

The business is unable to sponsor visas at this time.

Please get in touch to know more: neenu@valayo.co.uk

Move from Reserving to Reinsurance Pricing employer: Valayo

Valayo is an exceptional employer that fosters a collaborative and innovative work culture, particularly for Pricing Actuaries looking to make a significant impact in the insurance sector. Located in the heart of London, employees benefit from unparalleled networking opportunities with industry leaders, as well as access to professional development programmes that encourage growth and advancement. With a focus on creativity and analytical excellence, Valayo empowers its team members to shape the future of insurance solutions while enjoying a supportive and dynamic workplace.

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Contact Details:

Valayo Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Move from Reserving to Reinsurance Pricing

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

✨Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Valayo). A thoughtful message explaining your interest can really make a difference!

✨Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

✨Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Valayo. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Move from Reserving to Reinsurance Pricing

Reserving Experience
Reinsurance Pricing Knowledge
Medium to Long-Tail Experience
Specialty Classes Experience
Stakeholder Management
Client-Facing Skills
Consulting Experience

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Valayo.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Valayo. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Valayo

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Valayo to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at Valayo, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding Valayo's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.