Pricing Actuary

Pricing Actuary
Day Rate: 1000-1300 Per Day
Location: London (Flexible working)

Keywords: actuarial pricing, quantitative analysis, pricing tools, regulatory compliance, stakeholder relationships, collaborative environment, growth support, analytical thinking, intentional collaboration, strategic modelling

A leading global insurance organisation is seeking a Pricing Actuary to join their London-based team, supporting the modernisation and growth of specialty classes through expert actuarial pricing services.
Gain exposure to transformation projects and modernisation initiatives, expanding your professional network while developing innovative pricing tools and processes.

What you'll do:

As a Pricing Actuary you will be at the heart of actuarial pricing activities for specialty classes. Your day-to-day responsibilities will involve managing complex pricing processes that align closely with business objectives. You will engage deeply with stakeholders to understand their needs, review existing premium methods for validity, develop new pricing tools, and ensure all data used is accurate

• Manage actuarial pricing processes to ensure ongoing alignment with evolving business needs, adapting methodologies as required for optimal results.
• Build a deep understanding of key business drivers by engaging with stakeholders across departments and translating these insights into actionable pricing strategies.
• Review premium and rating methods regularly to guarantee that adopted approaches remain robust, valid, and fit for purpose within the specialty classes portfolio.
• Assist in the development and enhancement of systems and procedures that underpin accurate data usage, ensuring reliability in all actuarial outputs.
• Adopt efficient and consistent actuarial models, processes, and technologies to streamline operations and support organisational objectives.
• Develop innovative pricing tools and rates tailored to specialty classes, contributing to the overall competitiveness of the business.
• Implement thorough checks within all processes to minimise inaccuracies, maintaining high standards of quality control throughout.
• Maintain comprehensive documentation of key processes and policies to ensure full compliance with legal, reporting, and regulatory requirements.

What you bring:

The ideal candidate for the Pricing Actuary position brings substantial experience in actuarial analysis, modelling, underwriting practices, and strategic thinking. Your proven ability to interpret complex quantitative information ensures that business decisions are always grounded in reliable data.

• General Insurance experience and speciality classes of business or property pricing experience
• Demonstrated analytical thinking skills that enable you to interpret complex data sets and provide actionable insights for pricing decisions.
• Ability to influence stakeholders through intentional collaboration, building consensus around proposed changes or enhancements.
• Track record of managing performance effectively within teams or projects related to actuarial analysis or modelling.
• Portfolio management experience that supports strategic decision-making across multiple specialty classes or product lines.
• Expertise in price modelling techniques relevant to insurance or financial services sectors.
• Understanding of risk management principles as they relate to actuarial pricing processes.

What sets this company apart:

This global insurance organisation stands out for its commitment to modernisation through transformative programmes that empower employees at every level. The company fosters an inclusive culture where intentional collaboration is encouraged-ensuring everyone's voice is heard when shaping future strategies. Flexible working opportunities are available so you can balance professional ambitions with personal commitments.

What's next:

If you feel ready to contribute your expertise as a Pricing Actuary within a collaborative team dedicated to driving growth through actuarial excellence, we encourage you to take the next step today!

Apply today by clicking on the link provided-your journey towards making an impact starts here.

GSC Manchester TET is acting as an Employment Business in relation to this vacancy.