At a Glance
- Tasks: Dive into hands-on pricing and data science projects to drive impactful decisions.
- Company: Join a renowned reinsurer in the heart of Bermuda's global market.
- Benefits: Competitive salary, vibrant work culture, and opportunities for professional growth.
- Other info: Flexible on data science depth; eager learners are welcome!
- Why this job: Make a real difference in a dynamic team while enjoying life in beautiful Bermuda.
- Qualifications: 5+ years in P&C insurance, strong Python skills, and a passion for data.
The predicted salary is between 60000 - 80000 £ per year.
Are you a Pricing Actuary with strong Python and data science experience, and open to a move to Bermuda? We're working with a well-known Bermuda reinsurer looking to hire a Pricing Actuary into their team. This role sits close to underwriting and combines hands-on pricing work with broader data science and analytics projects. Whilst the client is keen to bring additional technical and data science capability into the team, hands-on pricing experience is essential. They're looking for someone who enjoys getting into the detail, building tools, working with data and partnering with the business to drive better decision-making.
Key Requirements
- 5+ years' actuarial experience within P&C insurance/reinsurance
- Hands-on pricing experience is essential
- Experience working with SQL, databases and large datasets
- Power BI and DAX experience
- Previous exposure to data science, predictive modelling or advanced analytics projects
- Comfortable working directly with underwriters and other business stakeholders (and experience of challenging them a plus)
The team already has a number of experienced pricing actuaries, so they're flexible on the depth of data science experience provided you've had exposure to it in a previous or current role and have an interest in developing that side of your skillset further. This is a great opportunity to work in the centre of the global reinsurance market, gain exposure to a broad range of business and join a strong actuarial team in Bermuda.
Technical Pricing Actuary - Bermuda employer: Valayo
Join a leading reinsurer in Bermuda, where you will be part of a dynamic team that values innovation and collaboration. With a strong focus on employee development, the company offers opportunities for growth in both technical pricing and data science, all within a vibrant work culture that encourages creativity and partnership with business stakeholders. Enjoy the unique advantage of working in one of the world's premier reinsurance hubs, where your contributions directly impact decision-making and drive success.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Pricing Actuary - Bermuda
✨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 Technical Pricing Actuary - Bermuda
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.
