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Senior Pricing Actuary

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Senior Pricing Actuary Salary: Competitive and based on experience Location: London

Our client is seeking a Senior Pricing Actuary to join their dynamic team in London. This role offers an exciting opportunity for a nearly or newly qualified actuary who is eager to grow their career in the vibrant insurance sector. You will be part of a global team, providing crucial support to the Credit Lines and Energy & Construction business through detailed pricing analyses and performance monitoring. This position offers exposure to a broad range of stakeholders, markets, and products, making it an ideal stepping stone for those looking to expand their professional horizons.

  • Opportunity to work in a global team servicing diverse markets and products
  • Key role in supporting the Credit Lines and Energy & Construction business
  • Ideal for nearly/newly qualified actuaries looking to grow their career

What you'll do:

As a Senior Pricing Actuary, you will play a pivotal role in shaping the future of our client's business. Your primary responsibility will be to provide comprehensive actuarial support to the Global Business, enabling them to grow profitably. You will be actively involved in developing, analysing, and enhancing technical pricing tools while ensuring adherence to best practice guidelines. Your analytical skills will be put to good use as you monitor rates at renewal and new business, ensuring that technical pricing models are consistently applied across regions. Additionally, you will lead on large transformation projects, driving change within the organisation.

  • Provide the Global Business with the actuarial support they require to profitably grow their business and take remedial action where needed
  • Be actively involved in technical pricing tool development, analysis, and enhancements while adhering to best practice guidelines
  • Drive Development and Report and analyse performance at granular level so that underwriters can optimise performance
  • Lead quarterly discussion with business on Portfolio MI and Insights
  • Lead on large transformation projects
  • Monitor rates at renewal and new business, ensure technical pricing models are in place and reviewed regularly
  • Ensure data used for pricing and monitoring is complete, accurate, adequate, and timely
  • Support profitability studies and business planning
  • Responsible for training and mentoring junior members of staff
  • Comply with key regulatory and risk management procedures

What you bring:

The ideal candidate for the Senior Pricing Actuary role will bring a wealth of experience from the General Insurance sector. With a degree in Mathematics or a related discipline, you will have honed your analytical and problem-solving skills to a high degree. Your excellent communication and interpersonal skills will enable you to effectively liaise with a broad range of stakeholders, while your proficiency in R and VBA, and a desire to upskill in Python, will be crucial in driving technical pricing tool development and analysis.

  • Degree in Mathematics or related discipline
  • Excellent communication and interpersonal skills
  • Experience as a Pricing Actuary within General Insurance
  • Strong analytical and problem-solving skills
  • Proficiency in R and VBA – Python desirable
  • Desire to upskill in this area welcome

What sets this company apart:

Our client is a global leader in commercial and personal insurance solutions, with one of the world's most far-reaching property casualty networks. They are committed to thinking in new and innovative ways to deliver ever-better solutions to their customers. They invest heavily in their people, offering a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on health, wellbeing, financial security, and professional development. They foster a culture of inclusion and belonging through flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs).

What's next:

Ready to take the next step in your actuarial career? Apply now!

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

Contract Type: FULL_TIME

Specialism: Actuarial

Focus: Non-Life

Industry: Insurance

Salary: Annual Bonus

Workplace Type: Remote

Experience Level: Senior Management

Location: London

Job Reference: CMSA2V-7DC494F5

Date posted: 28 June 2024

Consultant: Jack Williams

Phone number:


Jack Williams

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