Senior Actuary: Marine & Energy Reinsurance Pricing

Senior Actuary: Marine & Energy Reinsurance Pricing

Full-Time 60750 - 74250 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead pricing and analytics for Marine & Energy reinsurance, developing tools and models.
  • Company: Willis Re, a leader in the reinsurance market with a focus on innovation.
  • Benefits: Competitive salary, mentorship opportunities, and a chance to work with cutting-edge technology.
  • Other info: Join a collaborative environment that values growth and innovation.
  • Why this job: Make a real impact in the reinsurance industry while mentoring a dynamic team.
  • Qualifications: Experience in pricing and analytics, with strong leadership skills.

The predicted salary is between 60750 - 74250 £ per year.

Willis Re (UK) Limited is seeking an experienced Pricing Actuary to lead pricing and analytics for Specialty, Marine & Energy treaty reinsurance in the London market.

You will develop pricing tools, models and portfolio insights to drive growth, retention and placement strategy.

You will mentor the Analytics team, collaborate with brokers and clients, and apply emerging technologies including Generative AI to improve precision and efficiency across the portfolio.

Senior Actuary: Marine & Energy Reinsurance Pricing employer: Willis Re (UK) Limited

Willis Re (UK) Limited is an excellent employer, offering a dynamic work culture that fosters collaboration and innovation within the reinsurance sector. Employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that values integrity and accountability. Located in the heart of the UK, the company provides a unique chance to engage with industry leaders while contributing to meaningful risk and compliance initiatives.

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Contact Details:

Willis Re (UK) Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Actuary: Marine & Energy 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 Willis Re (UK) Limited). 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 Willis Re (UK) Limited. 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 Senior Actuary: Marine & Energy Reinsurance Pricing

Pricing Actuary
Analytics
Model Development
Portfolio Insights
Growth Strategy
Retention Strategy
Placement Strategy

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 Willis Re (UK) Limited.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Willis Re (UK) Limited. 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 Willis Re (UK) Limited

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Willis Re (UK) Limited 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 Willis Re (UK) Limited, 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 Willis Re (UK) Limited'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.