Actuarial Team Leader – Pricing (Delegated Authority Business) – 28185

The Emerald Group; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a dynamic team lead for their Delegated Authority Pricing team. This role involves formulating and executing pricing strategies while collaborating with senior stakeholders to enhance pricing quality and profitability. You will monitor portfolio performance, assess new deals, and ensure a robust onboarding process. If you have extensive actuarial experience and a strong analytical mindset, this is an exciting opportunity to make a significant impact in a hybrid working environment within a forward-thinking company.

Qualifications

• Extensive experience in Actuarial roles with delegated authority business.
• Strong analytical skills and financial awareness are essential.

Responsibilities

• Lead the pricing strategy for the DA pricing team and ensure success.
• Oversee high-quality pricing analyses and model improvements.

Skills

Actuarial experience

Stakeholder collaboration

Market awareness

Risk assessment

Analytical skills

SME insurance knowledge

Job description

Working within the Delegated Authority (DA) Pricing team as a team lead for the SME portfolios.

• Location: London/ Hybrid working
• Type: Permanent

Key Duties (Including but not limited to):

1. Pricing strategy – formulating and executing overall strategy for the DA pricing team in collaboration with key stakeholders, ensuring the team is set up for success in both the short and longer term.
2. Pricing analysis – instigating and overseeing high-quality pricing analyses, working with their DA partners on model improvements and enhancing the quality of their pricing.
3. Portfolio monitoring – developing their portfolio monitoring framework, ensuring outputs that can enable timely and accurate tracking of performance, and extensive insight to improve profitability.
4. New deals – working collaboratively with other functions to diligently assess and communicate the performance of potential new DA portfolios, and ensuring a robust onboarding process when deals are agreed.

Minimum Requirements:

1. Extensive experience in Actuarial roles, preferably with significant exposure to delegated authority business.
2. Experience collaborating with a wide range of senior stakeholders.
3. Excellent market, risk and business awareness.
4. Advanced knowledge of SME insurance products would be an advantage.
5. Highly numerate and analytical, with strong technical ability & financial awareness.