Move from Specialty Reserving/Capital into Pricing (Lloyd's)

Valayo are working with a leading Lloyd's insurer looking to hire a Pricing Actuary focused on a portfolio of Specialty lines.

Whilst this is fundamentally a Pricing role, the team are open to speaking with exceptional actuaries from Specialty Reserving or Capital backgrounds who are looking to move closer to underwriting and commercial decision-making. They are looking for individuals who can demonstrate gravitas, strong stakeholder management skills and examples of constructively challenging underwriting decisions. A strong interest in pricing and a solid understanding of pricing principles will also be important.

This role offers the opportunity to work directly alongside underwriters on complex specialty classes, supporting both account pricing and wider portfolio management activities.

The role combines case pricing, pricing model development, portfolio analysis and business performance monitoring. Depending on the class and type of business being written, the work can range from pricing large and bespoke risks through to the development and enhancement of pricing models used by underwriters across the portfolio.

You will also be analysing portfolio performance, understanding drivers of profitability, challenging assumptions, performing deep-dive analyses and communicating actuarial insight to support business decisions.

You will work closely with underwriters, helping to assess opportunities, monitor portfolio performance and support pricing decisions. There is also scope to contribute to wider pricing initiatives, model development projects and cross-class actuarial work across Insurance and Reinsurance.

This role offers strong exposure to senior stakeholders, underwriting strategy and commercial decision-making. It is an opportunity to join a well-established actuarial team whilst remaining close to the business and underwriting teams.

This could suit someone who...

• Is newly qualified to approximately 2 years PQE

• Currently works in Lloyd's or London Market Reserving or Capital with Specialty exposure (essential)

• Wants to transition into Pricing

• Enjoys portfolio analysis and understanding business performance

• Wants greater exposure to underwriting and commercial decision-making

This role is based in London (2 days a week in office).

Feel free to email me at neenu@valayo.co.uk to know more.