Actuary

AM Specialty; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading insurance firm in London seeks an experienced Actuary to support pricing, reserving, and portfolio management. The ideal candidate will have at least five years' post-qualification experience in general insurance or specialty lines, with strong analytical skills and a collaborative mindset. This full-time role requires deep technical knowledge and a commercial approach to risk management, alongside compliance with UK regulatory standards.

Qualifications

• Minimum of five years' post-qualification actuarial experience within general insurance or specialty lines.
• Proven experience in pricing, reserving, or capital modeling.
• Familiarity with regulatory frameworks (FCA, PRA) and Solvency II principles.

Responsibilities

• Develop, refine, and maintain actuarial pricing models across multiple product lines.
• Support reserving and capital modeling processes.
• Provide actuarial input into product development and portfolio optimization.
• Collaborate with underwriting and finance teams to monitor portfolio performance.

Skills

Analytical thinker with problem-solving ability

Strong communication skills

Collaborative mindset

Commercial awareness

Education

Bachelor’s degree in Mathematics, Actuarial Science, Statistics

Fellow of the Institute and Faculty of Actuaries (FIA)

Tools

Actuarial software

R

Python

Excel

SQL

Job description

Job Title: Actuary

Location: London, United Kingdom (In-Person)

Start Date: December 2025

Company: AM Specialty Insurance Company

Job Description

The Actuary will support pricing, reserving, and portfolio management activities across AM Specialty’s international operations, spanning both U.K. and U.S. entities. The role will focus on advancing technical pricing capability, supporting product development, and providing actuarial insight to inform strategic decision-making across multiple lines of business.

Working in close partnership with underwriting, finance, and data analytics teams, the Actuary will help ensure a disciplined and analytical approach to pricing, capital deployment, and risk management — in alignment with regulatory standards set by theFCA and PRA, and consistent with the Group’s broader governance framework.

This position offers a unique opportunity for a qualified actuary with a minimum of five years’ post-qualification experience to contribute to a growing specialty insurance group with an expanding international footprint. The role combines technical depth with commercial impact and provides direct exposure to senior management across multiple jurisdictions.

Who We Are

AM Specialty Insurance Group is a privately held, international specialty (re)insurance platform with offices in Dallas, TX, New York, NY and London, UK. The Group underwrites a diversified portfolio of Property, Casualty, and Specialty business through its U.S. carrier, AM Specialty Insurance Company, and its Managing General Agent, PinPoint Insurance Solutions.

The Group’s strategy is centred on disciplined underwriting, data-driven decision-making, and operational excellence across both regulated and delegated authority platforms. Supported by advanced analytics and proprietary technology, AM Specialty delivers tailored solutions across niche commercial segments within the E&S and specialty markets. The London office represents a key component of the Group’s international growth, serving as the base for its expanding actuarial, underwriting, and risk management capabilities.

This role provides a rare opportunity to join an international organisation at an exciting phase of expansion — contributing to the actuarial, analytical, and governance foundations that will underpin the Group’s continued growth and cross-border integration.

Role Summary

The Actuary will play a key role within the actuarial function, supporting reserving, pricing, and capital management activities across multiple business lines. The role will involve developing and maintaining actuarial models, analysing portfolio performance, and providing insights to senior management to support data-driven decision-making.

This is a hands-on, analytical position that suits an individual who enjoys technical problem-solving, collaboration, and applying actuarial insight to a commercial setting.

Key Responsibilities

• Develop, refine, and maintain actuarial pricing models across multiple product lines.
• Support reserving and capital modeling processes, ensuring appropriate methodologies and governance.
• Provide actuarial input into product development, reinsurance structures, and portfolio optimization.
• Collaborate with underwriting and finance teams to monitor portfolio performance and profitability.
• Deliver regular performance analyses, technical presentations, and recommendations to senior management.
• Ensure compliance with UK regulatory requirements (FCA, PRA, Lloyd’s standards where applicable).
• Contribute to the continuous improvement of data quality, analytics, and actuarial processes.

Requirements

Education

• Bachelor’s degree in Mathematics, Actuarial Science, Statistics, or a related discipline.
• Fellow of the Institute and Faculty of Actuaries (FIA) or equivalent qualification.

Experience

• Minimum of five years’ post-qualification actuarial experience within general insurance or specialty lines.
• Proven experience in pricing, reserving, or capital modeling.
• Familiarity with regulatory frameworks (FCA, PRA) and Solvency II principles.
• Strong technical proficiency in actuarial software and data tools (e.g., R, Python, Excel, SQL, or similar).

Skills

• Analytical thinker with excellent problem-solving ability and attention to detail.
• Strong communication skills, capable of explaining complex analysis to non-technical stakeholders.
• Collaborative mindset and ability to work effectively in cross-functional teams.
• Commercial awareness and a strategic approach to balancing risk and growth.

Employment Terms

• Employment Type: Full-time in office.
• Location: London, United Kingdom.
• Work Authorization: Must be authorized to work in the UK. No visa sponsorship available.