Job Category: Actuarial
Job Type: Remote
Job Location: United Kingdom
A leading insurance organization is seeking a skilled Senior Actuary to join their UK/EU Actuarial Pricing Team. This role focuses on ensuring the profitability of MGA partnerships, delivering data-driven insights, and collaborating across key business areas. If you’re passionate about data, curious about new insurance products (primarily P&C and Professional lines), and eager to make an impact in a fully remote environment, this could be your next opportunity.
Key Responsibilities
- Evaluate & Price MGA Opportunities: Ensure new MGA opportunities meet profitability targets, developing necessary rate-level and rating algorithm changes.
- Support Existing MGAs: Provide actuarial guidance to a portfolio of current MGA Members, ensuring their continued profitability.
- Innovate at Scale: Enhance actuarial support for Member MGAs by implementing creative and efficient solutions.
- Market Awareness: Stay updated on industry trends, regulatory developments, and emerging risks, offering proactive recommendations.
- Collaborative Engagement: Build strong relationships and work closely with Underwriting, Distribution, Claims, and Technology teams.
Ideal Candidate
- Qualifications: Associate or Fellow of the Institute and Faculty of Actuaries (IFoA).
- Experience: 5–10 years of P&C actuarial experience; commercial lines pricing is preferred, though personal lines will be considered.
- Product Knowledge: Exposure to a variety of P&C commercial insurance products.
- Technical Skills: Proficiency in Python, R, and Excel with strong analytical and modeling capabilities.
- Communication: Ability to effectively engage with both technical and non-technical stakeholders.
- Work Ethic: Self-motivated, eager to learn, and capable of thriving with minimal supervision.
Preferred Traits
- A self-starter driven by results and passionate about data and analytics.
- A collaborative team player who fosters growth and innovation.
- A problem solver who thrives on challenges and implementing positive change.
Benefits
- Work-Life Balance: Flexible time off policies to support well-being.
- Comprehensive Health Coverage: Access to high-quality health, dental, and other benefits.
- Remote Flexibility: Work from anywhere in the UK or EU, with occasional travel for team and member interactions.
- Professional Growth: Opportunities to contribute meaningfully in a fast-paced, innovative environment.
This is a fantastic opportunity for an experienced actuary to leverage their expertise and make a significant impact in a forward-thinking, collaborative team.
