Actuarial Developer – Igloo Pricing & Stochastic Modelling

WTW; Cambridge; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

EV car scheme

Share scheme

Cycle-to-work programme

Dental cover

Optical cover

Critical illness protection

Private healthcare

Life insurance

Income protection

Pension with 10% company match

Hybrid working

Job summary

WTW is seeking a Capital and Reinsurance Pricing Development Actuary to work on the Igloo Standard Model (ISM) for capital modelling and reinsurance pricing. The role involves collaborating with clients and partners to design and implement new technologies and techniques, contributing to Igloo development, and advancing stochastic modelling.

The position supports hybrid working from London or Cambridge, with strong emphasis on client relationships and high-performance delivery in a fast paced

Qualifications

• Newly or nearly qualified actuary or equivalent.
• Experience of reinsurance pricing or capital modelling.
• Interest in coding and AI; Igloo or Python.
• Excellent client relationship skills: ability to develop strong relationships quickly and maximize resources effectively to achieve goals.
• Proven success working in a fast‑paced, high‑pressure environment and self‑sufficient.
• Strong organizational abilities and flexibility to work in a performance‑driven environment managing multiple deliverables.
• Proficiency in Microsoft Office and strong experience with applicant tracking systems.
• Bachelor’s Degree or equivalent in a numerical based degree.

Responsibilities

• Develop the market‑leading ISM (Igloo Standard Model), used by insurers and reinsurers around the world for capital modelling and reinsurance pricing.
• Work with clients and other partners to design, develop and implement new technologies and statistical techniques.
• Contribute to Igloo product development, working with the development team to shape the future of Igloo.
• Be at the forefront of stochastic modelling with a broad and growing variety of applications.

Skills

Reinsurance pricing

Capital modelling

Coding (Igloo/Python)

Client relationships

Organizational skills

Education

Bachelor’s Degree in numerical field

Tools

Igloo

Python

Microsoft Office

Applicant tracking systems

Job description

WTW is seeking a Capital and Reinsurance Pricing Development Actuary to work on the Igloo Standard Model (ISM) for capital modelling and reinsurance pricing. The role involves collaborating with clients and partners to design and implement new technologies and techniques, contributing to Igloo development, and advancing stochastic modelling.

The position supports hybrid working from London or Cambridge, with strong emphasis on client relationships and high-performance delivery in a fast paced