Specialty (Re)insurer Pricing Actuary

An opportunity for a Pricing Actuary role within a dynamic and fast-growing Lloyd’s (re)insurer. With a basic salary of £90,000 - £120,000 plus a competitive package, this is a fantastic chance to make a real impact in shaping pricing processes across diverse specialty lines.

The Role

This newly created position supports the expansion of a forward-thinking organisation into Marine, Property, Professional Lines, Reinsurance, and Specialty business. As a Pricing Actuary, you’ll play a key role in designing and implementing innovative pricing processes and collaborating with underwriters to drive success.

Key Highlights:

• Design and Implement Pricing Processes: Define policy parameters, identify key data sources, and create pricing templates to calculate risk and market prices.
• Technology and Innovation: Work with IT to integrate and refine pricing software, tailoring it to meet underwriting needs.
• Collaboration: Act as a trusted adviser to underwriters, ensuring pricing processes align with business strategy.
• Compliance and Strategy: Ensure all regulatory requirements are met, while supporting strategic initiatives for portfolio growth.
• Enhance Platforms: Oversee updates to the pricing platform and assist with capital model validations.

What’s In It for You?

• Hybrid Working: Flexibility to balance office and remote working.
• Competitive Package: Earn £90,000 - £120,000 basic salary, with an attractive additional package.
• Career Growth: Be part of an innovative team at the forefront of market expansion, working on diverse specialty lines.
• Influence and Impact: A rare opportunity to design and implement pricing strategies that shape the future of underwriting.

About You

To succeed in this role, you’ll need:

• Actuarial skills at the level of a qualified UK actuary.
• Strong pricing knowledge, ideally in Property or Specialty lines.
• Familiarity with programming in R or Python (advantageous).
• Excellent communication skills to engage with underwriters and other stakeholders.

This is the perfect role for an actuary who thrives in a collaborative, forward-thinking environment and wants to drive innovation in pricing processes.