Head of Commercial Pricing – 28307

The Emerald Group; London; On-site; GBP 100,000 - 125,000

Job description

They're looking for a senior actuary to lead and shape the newly created Commercial Pricing team.

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• Part of the Actuarial Leadership team, this role will take ownership of all pricing activity of the Company’s insurance and reinsurance portfolio outside of the Algorithm, a growing book of Property, Specialty and Casualty Insurance facilities and Casualty Treaty business.
• Responsible for management and oversight of deal level case pricing across all classes of business Property, Specialty and Casualty, with a focus on facilities business as well as material and complex deals. Providing SME class and market knowledge to supplement and challenge.
• To proactively drive improved performance monitoring via communication of appropriate technical pricing updates, targeted performance presentations, and considering impact of quarterly reserving results. Should consider new and internal data – ensuring internal data/metrics meet required standards.
• Acting as an SME for (re)insurance internally, especially to the Algorithmic Underwriting teams in the development of the Algorithm and its governance.

Minimum Requirements:

• Qualified Actuary (FIA, FFA or equivalent) with 8+ years of experience.
• Obtained a relevant, numerate degree with a good overall grade.
• Subject matter expert knowledge in a number of Lloyd’s insurance and reinsurance classes.
• Experience in leading pricing and managing pricing teams, developing careers of junior and senior actuaries and keeping a team organised, productive and motivated; with the ability to influence stakeholders across a range of seniorities internally.