Insurance Pricing Actuary

About the Role

This position offers an exciting opportunity to manage and evaluate financial risks within a collaborative, results-driven environment. You will lead pricing efforts across diverse insurance portfolios, focusing on analytical and pricing support for the Property & Allied Lines division, which represents significant gross premiums.

As part of a dedicated technical pricing team, you will influence underwriting profitability by developing robust pricing models, mentoring team members, and improving processes to meet business goals.

Key Responsibilities

• Build strong relationships with underwriters and the technical pricing team.
• Develop, deploy, and refine pricing models aligned with compliance frameworks.
• Analyze data to create accurate technical pricing models supporting underwriting decisions.
• Support case pricing, renewal monitoring, and business planning.
• Prepare governance reports for senior management and committees.
• Collaborate across functions to integrate catastrophe modeling and drive process improvements.
• Lead and mentor team members, fostering professional growth.

What You’ll Enjoy

• Engaging in cross-functional collaboration to drive results.
• Innovating and implementing changes to models and processes.
• Building actuarial talent through effective leadership and development.

What You’ll Need

Core Skills

• Significant actuarial pricing experience in insurance markets, particularly London and Lloyd’s.
• Expertise in actuarial modeling, statistical analysis, and data interpretation.
• Proficiency in catastrophe modeling integration for pricing.
• Strong communication and time management skills.

Advantageous Skills

• Actuarial qualifications or equivalent certifications.
• Programming experience in SQL, Python, or VBA.
• Background in a numerical discipline like Mathematics.

Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive benefits, including private healthcare, pension contributions, and enhanced parental leave.
• Flexible benefits such as cycle-to-work schemes, wellness initiatives, and retail discounts.
• Career development opportunities with study support for professional qualifications.
• Volunteering opportunities to support community engagement.

This role is ideal for professionals eager to excel in a challenging, supportive environment that values innovation, collaboration, and technical excellence.