Actuarial Consultant

Selby Jennings; Greater London; On-site; GBP 96,000 - 140,000; Part time

Job summary

A leading recruitment firm seeks an experienced Actuarial Pricing Contractor in Greater London. The role focuses on pricing model development within the casualty and marine sectors. Responsibilities include parameterizing models, validating factors, and ensuring compliance with rate change standards. Essential skills include proficiency in pricing tool development and strong analytical abilities. The contract is initially for 4-6 months, inside IR-35, with potential for extension.

Qualifications

• Experience in developing pricing models for casualty and marine lines.
• Ability to work collaboratively in a team setting.
• Strong analytical and problem-solving competencies.

Responsibilities

• Parameterize pricing models using relevant data.
• Identify and validate rating factors.
• Integrate compliance standards into pricing models.
• Assist with rollout of pricing models.
• Compile pricing metrics for analytics.
• Provide ad hoc case pricing support.
• Other pricing support as required.

Skills

Pricing tool development

Analytical skills

Problem-solving skills

Collaborative approach

Job description

We are seeking an experienced Actuarial Pricing Contractor to support pricing model development within casualty and marine lines for one of our clients based in Central London.

The role involves building, updating, parameterizing and calibrating pricing models and supporting rate change processes.

Role will be inside IR-35, initially 4-6 months. Although, it could potentially be extended.

Main Responsibilities

• Parameterize pricing models (using relevant experience, benchmark & third-party data).
• Identify and validate rating factors.
• Integrate core minimum standards such as rate change calculations into selected pricing models to ensure compliance.
• Assist with rollout of pricing models.
• Compilation of key pricing metrics for portfolio analytics.
• Provide ad hoc case pricing support as needed.
• Other pricing support as required.

Essential Skills, Knowledge, and Experience

• Proficiency in pricing tool development.
• Highly collaborative approach.
• Excellent analytical and problem‑solving skills.