Logo of Hewitt Stone
Job Category: Actuary Pricing & Analytics
Job Type: Full Time Hybrid
Job Location: London

About the Role

We are seeking a Senior Pricing Actuary to join our Life Pricing team, focusing on managing and pricing key protection accounts. This role offers the opportunity to work closely with a wider community of pricing professionals, contributing to the growth and success of the team in managing key protection product lines.

Key Responsibilities

  • Engage actively in the tender process for new and existing opportunities, particularly for Term Life and Critical Illness product lines.
  • Conduct detailed modelling and pricing of protection deals, including data interrogation, experience analysis (mortality, morbidity, demographic), cash-flow projection, reconciliation, and sensitivity analysis.
  • Prepare technical deal documentation and support commercial deal leads with pricing reports, sign-off memos, offer letters, and negotiation as required.
  • Contribute to the research, development, and refinement of pricing benchmarks, methodologies, and tools.
  • Collaborate with in-force management and valuation teams for portfolio analysis and follow-up.
  • Participate in face-to-face client meetings, assisting with client proposition development.

Qualifications and Skills

  • Qualified Actuary with 5-10 years of post-qualification experience.
  • Relevant pricing experience in (re)insurance, particularly with Term Life and Critical Illness product lines.
  • Strong analytical skills, with the ability to tackle complex problems effectively.
  • Self-motivated and skilled in managing time and multiple priorities.
  • Proficiency in statistical software (e.g., R) and the MS Office suite.
  • Experience with relevant modelling software (e.g., AXIS, Risk Agility, Prophet) is advantageous.
  • Knowledge of Life Insurance and Critical Illness product lines is beneficial.

What We Offer

  • An international, collaborative environment with opportunities to learn from specialists and develop your expertise quickly.
  • Access to detailed product and market knowledge from a leading reinsurer.
  • A flexible working structure, robust training support, and competitive remuneration.
  • Empowerment and collaboration with diverse stakeholders, including client partners, reserving functions, and senior executives.

This role is ideal for a driven and technically skilled actuary seeking a dynamic position with significant opportunities for growth and impact.

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