Actuarial Pricing Analyst – Reinsurance Focus

Next Insurance, Inc.; Greater London; On-site; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Private Medical Insurance

Pension 10%

25 days annual leave

Family leave (6 months)

Job summary

Munich Re UK Life is seeking a pricing professional to join the Protection pricing team. You will deliver quotes, develop pricing assumptions, and contribute to experience analysis and reporting, while collaborating with commercial colleagues to support client negotiations.

You should have knowledge of the UK life insurance market, strong analytical skills, and proficiency in Excel, Power BI, R or Python. The role offers a competitive package, 25 days holiday and a clear path toward actuarial

Qualifications

• Knowledge of UK life insurance market or pensions helpful.
• Experience with pricing processes including experience analysis and modelling.
• Ability to grasp concepts quickly and communicate clearly.
• Strong numerical and analytical skills; able to make judgements when uncertain.
• Team player with initiative and diplomacy.

Responsibilities

• Develop technical knowledge and expertise relevant to reinsurance pricing.
• Draft written reports and documentation for results and methods employed.
• Deliver accurate and timely work as part of a team meeting deadlines.
• Assist with quotes and projects, including data manipulation and pricing assumptions.

Skills

UK life market

Pricing processes

Data analysis

Excel

Power BI

R

Python

Education

University graduate or equivalent

Actuarial qualification training

Tools

Excel

Power BI

R

Python

VBA

Job description

Munich Re UK Life is seeking a pricing professional to join the Protection pricing team. You will deliver quotes, develop pricing assumptions, and contribute to experience analysis and reporting, while collaborating with commercial colleagues to support client negotiations.

You should have knowledge of the UK life insurance market, strong analytical skills, and proficiency in Excel, Power BI, R or Python. The role offers a competitive package, 25 days holiday and a clear path toward actuarial