Actuarial Analyst - Pricing (UK Mid-Market)

Zurich 56 Company Ltd; Birmingham; Hybrid; GBP 35,000 - 55,000; Part time

Job summary

An innovative firm seeks an Actuarial Analyst to join their dynamic Mid-Market Pricing team in Birmingham. This role offers a unique opportunity to work with large datasets, enhancing pricing models while collaborating with top actuaries and underwriters. You will be responsible for pricing analysis, developing dashboards, and improving processes within a supportive environment. This position not only promises professional growth through coaching and mentoring but also allows you to contribute to a culture of diversity and inclusion. If you're ready to make an impact in a flexible and rewarding workplace, this could be the perfect fit for you.

Benefits

12% defined non-contributory pension scheme

Annual company bonus

Private medical insurance

Option to buy/sell holiday days

Three days paid volunteering

Discounted gym membership

Access to virtual GP appointments

Qualifications

• Experience in an actuarial role, preferably in General Insurance.
• Working knowledge of SQL, R, Power BI, or other coding languages.

Responsibilities

• Improve pricing tools and conduct pricing analysis on complex datasets.
• Develop and maintain monitoring dashboards for portfolio trends.

Skills

Numerical analysis

Communication skills

Teamwork

Time management

Self-motivation

Analytical skills

Education

Actuarial qualifications (working towards)

Degree in a related field

Tools

MS Office

Power BI

SQL

R

Job description

Actuarial Analyst - Pricing (UK Mid-Market)

Working hours: This role is available on a part-time, job-share or full-time basis.

Location: We’re flexible! You’ll be joining our team based in Birmingham, so you’ll be required to be in our Birmingham office at least once per week.

Closing date for applications: 18th February 2025

The opportunity

• Are you looking to make a step up in your actuarial career?
• Are you looking for variety in your role whilst working alongside some of the best actuaries and underwriters in the market?
• Are you looking to have your voice heard and make a real, measurable impact on our business?
• Are you excited about joining a team that is constantly looking to innovate and explore the art of the possible?

If so, this could be your next role and we would love to hear from you! As a Pricing Analyst you will be joining our high performing Mid-Market Pricing team, to work on our industry-leading pricing models, build a variety of performance dashboards and help maintain our customer-oriented service.

What will you be doing?

You will be working within the Mid-Market Lines Pricing team on Property, Motor, Casualty and Engineering lines of business. This role focuses on our Mid-Market business meaning that, in our opinion, it offers the best of both worlds – large volumes of data to get your teeth into along with the interesting technical and practical challenges that come with Commercial Lines pricing.

You’ll be responsible for:

• Pricing tools: looking after and improving our current suite of pricing tools, working across various platforms and working closely with underwriters.
• Pricing analysis: working with our large & complex datasets to produce high-quality pricing analyses, supporting the development and implementation of model improvements and enrichment datasets to enhance the quality of our pricing.
• Portfolio monitoring: developing and maintaining our data and portfolio monitoring dashboards which are used & trusted by a variety of stakeholders, and utilising these to forecast & communicate emerging performance and key portfolio trends.
• Process Improvement: developing and maintaining systems & processes through innovation, incorporating efficiencies and improvements as standard.
• Collaborating: building strong relationships across the company (claims, reserving, underwriting, finance), providing a first class service & trusted insights, and helping to foster a strong data-driven culture.
• Technical skills: the chance to learn and use SQL, R, Power BI & more.
• Professionalism: demonstrating strong knowledge of relevant actuarial disciplines and standards, to ensure you are able to provide first class service to our stakeholders.
• Culture: contributing to a friendly, positive and supportive team environment.
• Coaching & mentoring: opportunities to help develop the technical and non-technical skills of more junior team members, with the possibility of line management in the future as you gain experience.

What are we looking for?

Required:

• Highly numerate and analytical.
• Excellent communication, teamworking, and time management skills.
• Self-motivated with an eagerness to learn and develop.
• Experience in an Actuarial role, preferably in General Insurance.
• Working towards Actuarial qualifications.
• Working knowledge of MS Office, Power BI, SQL, R, or other coding languages.
• Good market, risk and business awareness.

What will you get in return?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet.

If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.

Our Culture:

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us. #LI-Hybrid

The financials:

• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.

Time away:

• 25 days holiday a year plus bank holidays.
• You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks' full pay for maternity, paternity and adoption leave.

Your health is important to us:

• Access to Private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.

We're making a difference:

• Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the ‘UN Business Ambition for 1.5˚C’ pledge.
• Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.