Actuary – 29436

The Emerald Group; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

The Emerald Group, based in London, is seeking an Actuary to join its growing Data and Analytics team. The role focuses on developing pricing models, training underwriters, and leveraging data to improve pricing across lines of business.

Ideal candidates will possess extensive London Market pricing experience, advanced Excel and VBA skills, and Fellowship of the Institute & Faculty of Actuaries or an equivalent designation. This permanent role reports to the Data & Analytics department.

Qualifications

• Develop, maintain, and enhance pricing models reflecting market conditions and risk appetite.
• Train underwriters on pricing models and assist with large accounts.
• Analyse loss data, bordereaux and claims to inform pricing assumptions.
• Evaluate systems and data sources for pricing integration.
• Extensive insurance pricing experience in the London Market, Lloyd's preferred.

Responsibilities

• Develop, maintain, and enhance pricing models for various lines of business, ensuring they reflect current market conditions, claims experience and risk appetite.
• Train underwriters on pricing models and assist with evaluation of large accounts or portfolio deals incorporating exposure and experience rating.
• Analyse loss data, bordereaux and claims information to inform pricing assumptions, identify emerging risks, and recommend ongoing data requirements to improve future pricing.
• Evaluate systems and data sources for suitability and potential integration into pricing solutions.
• Fellow of the Institute & Faculty of Actuaries or equivalent; extensive London Market pricing experience.

Skills

Pricing models

Pricing assumptions

Data analysis

Excel/VBA

Education

Fellow of the Institute & Faculty of Actuaries (or equivalent)

Tools

Excel

VBA

Word

PowerPoint

Job description

They are seeking an Actuary to join their growing Data and Analytics team.

• Location: London


• Category: Non-life Actuarial


• Type: Permanent

Key Duties (Including but not limited to):

• Develop, maintain, and enhance pricing models for various lines of business, ensuring they reflect current market conditions, claims experience and risk appetite, working with project managers, business analysts, developers, and QA testers


• Train underwriters on pricing models and assist with evaluation of large individual accounts or portfolio deals incorporating exposure and experience rating


• Analyse loss data, bordereaux and claims information to inform pricing assumptions, identify emerging risks, and recommend ongoing data requirements to improve future pricing


• Evaluate systems and data sources for suitability and potential integration into pricing solutions


• Fellow of the Institute & Faculty of Actuaries or equivalent


• Extensive insurance pricing experience in the London Market, particularly Lloyd's


• Strong technical pricing skills across multiple classes of business (Property and Marine knowledge preferred)


• Advanced Excel and VBA skills, with proficiency in Word and PowerPoint