Pricing Actuary

The Underwriting team at Wakam is at the heart of risk evaluation and decision-making, leveraging internal data and industry insights to make informed, strategic choices. Our mission is to provide comprehensive and competitive insurance solutions that balance risk and profitability.

As specialists in risk assessment and pricing, we focus on driving profitability while offering clients the best possible coverage. From in-depth data analysis to developing cutting-edge underwriting strategies, we are committed to delivering innovative solutions and outstanding service to meet our customers’ needs.

✎The Mission

As the Pricing Lead, you will be at the forefront of driving Wakam’s UK pricing strategies. This pivotal role involves designing and implementing data-driven pricing frameworks that optimize profitability and market competitiveness. Collaborating with underwriting, claims, and distribution teams, you will shape decisions that impact our growth and success.

Key responsibilities include:

• Pricing Strategy: Developing and executing strategies to achieve profitable growth while adapting to market demands.
• Portfolio Management: Analyzing performance metrics, monitoring competitor pricing, and optimizing portfolio profitability.
• Technical Pricing and Analytics: Leading the design and improvement of pricing models using actuarial and statistical methods.
• Stakeholder Management: Partnering with MGAs, internal teams, and compliance to align pricing decisions with regulatory and market requirements.
• Leadership: Mentoring a team of analysts and actuaries, fostering innovation and a culture of excellence.

We’re seeking a strategic and analytical thinker with:

• A degree in Actuarial Science, Statistics, or Data Science.
• Deep knowledge of the UK insurance market and regulatory framework.
• Proven experience in retail insurance pricing roles, ideally for Motor and Home products.
• Proficiency in pricing tools (e.g., EMBLEM, AKUR8) and programming languages (Python, R).
• Strong communication skills to influence stakeholders at all levels.
• A track record of leading pricing projects or teams.
• Rigorous and analytical with strong problem-solving skills.
• Innovative and eager to explore new pricing strategies.
• Collaborative and adaptable to dynamic, fast-paced environments.
• Confident, proactive, and solutions-oriented with a global perspective.
• Ethical, self-aware, and committed to continuous learning and improvement.

At Wakam, you’ll be part of a fast-growing, innovative company committed to transforming the insurance industry. This role offers:

• The opportunity to lead and shape pricing strategies across diverse insurance products.
• Collaboration with talented professionals in a dynamic and international environment.
• A chance to drive innovation using advanced analytics and cutting-edge tools.
• The ability to make a meaningful impact on business outcomes and customer experiences.
• Flexibility to work fully remotely, providing you with the autonomy to excel from wherever you are.

Recruitment Process

• Initial interview with HR.
• Meeting with our Lead Underwriter.
• Technical interview with the Chief Underwriting Officer.
• Culture Fit interview with our Head of People and Chief Underwriting Officer to ensure alignment with Wakam’s values.

More About Us

Check out our website to learn about the 11 cultural markers that make Wakam truly special! If you're adventurous, impact-driven, and ready to shape the future of insurance, we'd love to meet you!

• True remote work flexibility with our Wakam From Anywhere (WFA) program.
• Flat hierarchical system promoting direct impact and autonomy.
• Monthly Free.day: dedicated time for personal growth and skills development.
• Lunch voucher with Swile card.
• A meaningful company: we became a Mission-driven company in March 2021.
• Work alongside passionate experts who will share their knowledge and help you develop and grow in your career.

At Wakam, we are committed to fostering an inclusive environment where diversity is celebrated. If you require any reasonable adjustments during the recruitment process, please feel free to reach out to your recruiter.