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Pricing Actuary

Sellick Partnership
Posted 13 hours ago, valid for 20 days
Location

London, Greater London EC1R 0WX

Salary

£65,000 - £78,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are partnering with a respected specialty insurer seeking a Pricing Actuary to enhance their underwriting function.
  • The ideal candidate should be a fully qualified or near-qualified actuary with a minimum of 2 years of experience in insurance pricing.
  • Key responsibilities include managing pricing tools, tracking risk-adjusted rate changes, and leading portfolio reviews.
  • Candidates should possess strong analytical skills, advanced Excel and SQL proficiency, with knowledge of Python and Power BI being advantageous.
  • The position offers a competitive salary, reflecting the candidate's experience and skills.

We are partnering with a highly regarded specialty insurer that is looking for a talented Pricing Actuary to join their growing team. The successful candidate will play a key role in supporting the underwriting function, working closely with management to drive pricing strategies and profitability analysis, and ensuring accurate rate management.

Key Responsibilities:

  • Enhance and manage pricing tools, improving their functionality and usability.
  • Track and evaluate risk-adjusted rate changes, ensuring models align with internal standards and guidelines.
  • Lead portfolio reviews, providing insights into underwriting exposure and identifying loss trends across different segments.
  • Offer detailed pricing support for individual accounts, working collaboratively with underwriters on account reviews.

Requirements:

  • Fully qualified or near-qualified actuary with the Institute and Faculty of Actuaries.
  • A minimum of 2 years of experience in insurance pricing, with reserving knowledge as an added advantage.
  • Strong analytical and communication skills, capable of building credibility with senior stakeholders.
  • Advanced skills in Excel (including VBA) and SQL; additional familiarity with Python and Power BI is beneficial.

This is an exciting opportunity to take on key responsibilities in a collaborative environment, providing invaluable insights to the business and directly influencing decision-making processes.

be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.

Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.