ePricing Actuary, Model Development

Chubb; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global insurance company is looking for an experienced ePricing Actuary to design, build, and maintain pricing models for its Commercial Insurance portfolio. This role involves collaboration with pricing actuaries, underwriters, and data teams to ensure models are robust and scalable. Candidates should have a minimum of 5 years' experience in relevant insurance domains and excellent coding skills in SQL and Python. Strong communication and collaboration skills are essential.

Qualifications

• Minimum 5 years' experience in Property, Casualty, Financial Lines, Marine, or similar insurance domains.
• Strong attention to detail in a fast-paced environment.
• Proven track record of meeting deadlines and managing competing priorities.

Responsibilities

• Designing, building, and maintaining pricing models for the Commercial Insurance portfolio.
• Develop and recalibrate risk models across various products.
• Research and integrate new data sources for improved pricing accuracy.

Skills

Solutions-focused

Proactive

Strong ownership

Fluent in English

Advanced coding skills

Proficiency in SQL

Proficiency in Python

Effective interpersonal skills

Tools

SQL

Python

WTW (Radar)

Job description

ePricing Actuary, Model Development

Chubb

London, United Kingdom

Permanent

Posted: 2025-12-12T07:28:54.807Z

Job Number: 23512970

Full time

Job Description

• As a Pricing Modeller, you will play a key role in designing, building, and maintaining pricing models to support Chubb's Commercial Insurance portfolio. You will collaborate closely with pricing actuaries, underwriters, analytics, and data teams to ensure pricing models are robust, scalable, and aligned with business needs. This is a hands‑on role with a strong focus on technical modelling, requiring clear communication and collaboration across multiple stakeholders.
• Build risk models across products covering Property, Casualty, and Financial Lines amongst others.
• Develop pricing tools to support scalable growth in the small commercial market.
• Maintain and enhance existing pricing models, ensuring they remain aligned with business strategy and market trends.
• Recalibrate current models to reflect current experience and assumptions.
• Continuously research and evaluate new data sources (both internal and third‑party) and integrate them into models to enhance predictive power and improve pricing accuracy.
• Collaborate with the wider pricing team globally to share best practices in pricing modeling.
• Support pricing modernization initiatives, including building and migrating raters in Radar.
• Standardize modeling processes to ensure scalability and efficiency across product lines.

Qualifications

• Solutions‑focused, proactive, and accountable, with a strong sense of ownership.
• Fluent in English, with excellent written and verbal communication skills.
• Minimum 5 years' experience in Property, Casualty, Financial Lines, Marine, or similar insurance domains.
• Advanced coding and software skills, including proficiency in SQL and Python; experience with WTW (Radar) is highly desirable.
• Demonstrated ability to independently build and review predictive models.
• Strong attention to detail, with the ability to manage multiple tasks and stakeholders in a fast‑paced environment.
• Effective interpersonal skills, with a collaborative approach and adaptability to change.
• Proven track record of meeting deadlines and managing competing priorities.