Pricing Placement

Job Locations UK-London
Job Post Information* : Posted Date 1 month ago(28/10/2021 17:44)
Job ID
2021-1068
# of Openings
2
Category
Actuarial

Overview

Are you looking for a great opportunity to apply your university learning? Are you predicted a 2:1 or higher?

Do you have a keen interest in statistics?

 

Our pricing placement scheme offers an excellent opportunity to gain practical experience in the use of data manipulation and statistical software packages such as SAS, EMBlem, RADAR, R and Python in a professional environment. You will be working within a team of Pricing Actuaries and Data Scientists building an understanding of how advanced modelling techniques are used in the insurance market.

 

Whilst on the scheme you will extract and analyse data, develop and validate pricing models and support their implementation into our production environment.

 

During the scheme you will

  • Work closely with underwriters to understand a specific insurance product(s) and how pricing models, tactical rating changes and management information can support their commercial objectives.
  • Work on at least one pricing model design or refresh project, which will show you how statistical models are applied to real world data.
  • Support the development of Management Information & reporting processes within the Pricing team
  • Continuously improve your abilities through on the job learning, meetups, online courses and other external learning activity. Maintain a knowledge of developments in data science and pricing methodologies within and outside of the insurance industry

 

About You

You will be a logical thinker, able to devise and assess multiple approaches to solving problems, highly innovative and creative in your ability to review and improve processes.

 

We’d like for you to get in touch if you:

  • Are completing a Mathematics or Actuarial based degree
  • Are currently in your second year of study and looking for a year-placement programme before you complete your degree
  • Are predicted a 2:1 or above (and can evidence this)
  • Are a team player who brings out the best in others
  • Are organised and can manage your own time whilst producing high quality work
  • Are articulate and have strong presentation skills

 

What you can expect in return

  • Industry experience with the UK’s largest specialist motor insurer
  • Excellent benefits including discounts from a range of high street retailers
  • Career progression
  • A bonus on completion of the placement, subject to performance

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