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Reinsurance pricing vs Insurance pricing

S

streetfighta

Member
Hello

I am in the process of deciding between taking on a pricing role at an insurer and a reinsurer. From what I have read in ST8, reinsurance pricing is more challenging, which is why I am more attracted to the role, but I wanted to know if anyone who has worked in both areas would be able to confirm that. Also, are salary prospects after qualification different between the two types?

Thanks
 
Definitely reinsurance. I've worked in both.

Direct pricing: lots of data, lots of stats, mediocre salary and excitement.
R/i pricing: little data, lots of business acumen rather than stats, bigger salary and far more exciting.

I generalise of course, but you get the idea.

good luck
 
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