Actuarial Pricing Analyst - Energy, Marine and Construction in London

Actuarial Pricing Analyst - Energy, Marine and Construction in London

London Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Zurich Insurance

At a Glance

  • Tasks: Drive meaningful change with innovative pricing models in Energy, Marine and Construction.
  • Company: Join Zurich’s Commercial Pricing team, a leader in the insurance industry.
  • Benefits: Enjoy flexible working, competitive salary, bonuses, and a generous pension scheme.
  • Other info: Collaborative environment with opportunities for mentorship and continuous improvement.
  • Why this job: Shape the future of insurance while advancing your actuarial career.
  • Qualifications: Degree qualified with strong analytical skills; experience in insurance is a plus.

The predicted salary is between 40000 - 50000 £ per year.

Working hours

This role is available on a part‑time, job‑share or full‑time basis.

Location

London, United Kingdom (Mark Lane, London; remote/hybrid as described).

Closing date for applications

Overview

Imagine taking on a role where your expertise drives meaningful change and your ideas truly matter.

As a Pricing Analyst with Zurich’s Commercial Pricing team, you’ll work with some of the brightest minds in insurance, advance your actuarial career, and help shape the business and customer experience with innovative pricing models.

Responsibilities

You will play a key role within our Commercial Lines Pricing team, focusing mainly on Energy, Marine and Construction lines of business.

In this role, you will get to work with some of the largest and most complex insurance programmes in the market.

  • Shape portfolio strategy: collaborate closely with underwriters to define, analyse, and implement strategies that enhance and grow our portfolio.
  • Develop actuarial pricing tools: support the creation and maintenance of sophisticated pricing models, deliver insightful analyses, and help drive business decisions.
  • Lead on case pricing: deliver bespoke actuarial technical pricing and performance analysis across P&C, Motor, Energy and specialties lines.
  • Grow your technical toolkit: explore new technologies and apply them in your work environment.
  • Foster a positive culture: contribute to an inclusive team environment where growth matters.
  • Collaborate across teams: build relationships with underwriting, reserving, finance and claims.
  • Coach and mentor: support the technical and professional development of junior team members.
  • Champion continuous improvement: seek new ways to enhance our processes and drive efficiencies.

Qualifications

  • Degree qualified.
  • Ideally have some experience in general insurance.
  • Strong technical and analytical skills in actuarial pricing, data science or statistical modelling (technical pricing experience beneficial but not mandatory).
  • Clear and effective communicator, able to explain complex ideas to a wide audience.
  • Proactive mindset and collaborative problem‑solving approach.
  • Proficiency in analytical tools such as Excel, SQL, R, Python, Power BI and VBA.

Benefits

Zurich offers a range of flexible, employee‑centred benefits, including a 12 % defined non‑contributory pension scheme, an annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

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Actuarial Pricing Analyst - Energy, Marine and Construction in London employer: Zurich Insurance

At Zurich Insurance, we pride ourselves on being an exceptional employer that values flexibility and inclusivity. Our Strategic Account Manager role offers a collaborative work culture with opportunities for professional growth, supported by a comprehensive benefits package including a generous pension scheme and the ability to tailor your holiday options. Join us in London or from anywhere in the UK, and be part of a team that empowers you to make a meaningful impact while balancing your personal and professional life.

Zurich Insurance

Contact Details:

Zurich Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuarial Pricing Analyst - Energy, Marine and Construction in London

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 Zurich Insurance). 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 Zurich Insurance. 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 Actuarial Pricing Analyst - Energy, Marine and Construction in London

Actuarial Pricing
Data Science
Statistical Modelling
Analytical Skills
Technical Pricing
Excel
SQL

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 Zurich Insurance.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Zurich Insurance. 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 Zurich Insurance

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Zurich Insurance 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 Zurich Insurance, 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 Zurich Insurance'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.