Head of Energy, Construction and Property

Liberty Specialty Markets; Greater London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

A leading global insurer is seeking a Head of Energy, Construction and Property (Senior Actuary) based in London with a hybrid work model. The role involves developing pricing tools, conducting performance monitoring, and providing strategic analysis. Candidates must be qualified actuaries with experience in pricing and strong analytical skills. The department promotes an inclusive culture and offers opportunities for personal development, making it an ideal workplace for career advancement. Competitive compensation will be provided.

Benefits

Career development support

Inclusive work environment

Flexible working arrangements

Qualifications

• Requires a qualified actuary with relevant industry experience.
• Must have a strong foundation in actuarial practices including pricing and reserving.
• Experience with advanced data manipulation tools is beneficial.

Responsibilities

• Develop pricing analytics tools and platforms.
• Monitor performance against best practice standards.
• Provide actuarial support in portfolio management.

Skills

Qualified Actuary

Experience in non-life pricing team

Advanced Microsoft Excel skills

Analytical problem solving

Commercially minded

Effective verbal and written communication

Education

2.1 or better in numerate/scientific degree

A / A* in A-Level Maths

Tools

SQL

Power BI

Job description

Country: United Kingdom of Great Britain and Northern Ireland

Creation Date: 14-Jan-2026

Employment Type: Permanent

Employment Type: Full time

Ref #: 1234572169

Description & Requirements

Role Title: Head of Energy, Construction and Property (Senior Actuary)

Department: Actuarial

Team: LII UK & MENA Business Actuarial

Location: Hybrid Working Model with Office in London

Type: Permanent

About the Department & Team:

The Actuarial Function evaluates business performance and provides management with a clear, risk-based view for making decisions on business strategy and risk mitigation. The department covers all aspects of actuarial work including pricing, reserving, business planning, and capital, and supporting exposure management and reinsurance purchasing. The team operates on a global basis with a team of around ninety actuaries, of which around sixty are based in the UK. The Actuarial Function currently comprises the following core teams:

Pillar Teams: as part of an integrated business function, we collaborate closely with Underwriting and other aligned business functions including but not limited to Claims, Finance, Portfolio Management and Operations. Our responsibilities encompass class-level pricing, business planning, analytics, strategic support and non-standard capital premium risk parameterisation. We operate within multi-functional teams, where roles are effectively managed and backed by a robust centralized infrastructure that includes data, analytics, modelling, reporting, and risk governance, supported by the various Actuarial teams mentioned below.

Pricing and Analytics Team: a broad and varied remit supporting delivery on key strategic priorities, including delivering new pricing models on leading-edge platforms as part of the wider underwriting transformation. Developing new predictive models and delivering consistent and scalable Actuarial pricing and portfolio analytics MI (Management Information) and standards across LSM, working closely with Pillar Actuaries and Underwriting.

Reserving Team: responsible for actuarial reserving analysis across LSM Commercial & Specialty and LMRe businesses providing transparent and independent view of business performance through consistently applied reserving best practice. Acting as independent trusted advisors to the business, the team is responsiblefor objectively communicating the quarterly reserve analyses with insight and confidence

Actuarial Modelling Team: Maintains and develops the Internal Model for capital assessment and solvency reporting requirements of the legal entities. Working closely with the Actuarial teams above and other LSM and LMRe Enterprise Risk Management and Finance business functions in parameterisation, validation and modelling infrastructure; supporting risk and return on equity-based decision making across the business.

Our priorities for 2026 will be:

Continuing our implementation of a best-in-class pricing platform for our insurance lines across our global portfolio and delivering analytics that drive enhanced underwriting risk and strategic portfolio management.

Further building on our strong partnerships with Underwriting and aligned business units, being exceptional trusted advisors in our consistent use and communication of data and analytics capability across our business

About the Role:

UK/MENA/Europe/US&Latam Energy, Construction comprising of Energy Onshore Oil&Gas, Energy Onshore Power, Energy Offshore, Construction Non-Annual with a 2026 planned income in excess of $400m.

UK/MENA Property comprising of Commercial Property and D&F with a 2026 planned income in excess of $200m.

Energy Global Pricing/Risk selection model support and coordination of alignment of key assumptions; including liaison with Product Board Actuary.

Construction Global Coordination of alignment of key assumptions across LII; including liaison with Product Board Actuary.

Reporting Lines:

The role reports to the Chief Actuary, LII UK & MENA.

The role has two direct reports (Actuaryx2) and one indirect report (ADP Analyst) based in the UK. The role will also be supported by US based Actuary/Analyst resource.

Directly supporting and influencing Senior Underwriting management, and collaborative working as part of an Integrated Business Unit with Portfolio Management, Finance, Claims, Operations and Enterprise Risk Management functions.

Key Responsibilities:

• Development of underwriter rating tools, technical pricing analytics and platforms.
• Individual account pricing, new business due diligence and performance monitoring.
• Compliance and reporting against internal and Regulatory Best Practice pricing and underwriting risk management standards.
• Strategic portfolio profitability analysis "deep dives" to prospectively inform changing mix of business impact in Business Planning, renewal book remediation and new business growth strategies.
• Business Planning and support on Capital Management loss ratio parameterisation processes. This includes focus on manmade cat exposure management and risk appetite governance frameworks.
• Liaising with reserving throughout the quarterly reserving processes ensuring feedback loops.
• Provide the highest quality professional service and actuarial support to the business in all aspects of the above responsibilities.
• Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing.

Skills and Experience:

• Qualified Actuary
• Experience of working in a non-life pricing team, ideally within the London Market. Relevant experience from consulting, commercial or personal lines also welcome
• Experience of working within or with Reserving and Capital Functions
• Requires educational attainments: 2.1 or better in a numerate/scientific degree and an A / A* in A-Level Maths or equivalent.
• Strong IT skills - advanced knowledge of MS Excel and the standard MS Office suite is essential. Other experience of working with other big data manipulation and visualisation software such as SQL and Power BI or similar would also be an advantage (although not a starting pre-requisite) for the role, as would analytics coding experience in packages such as R, Python or similar.
• Analytical problem solver with outstanding verbal and written skills, communicating with a range of internal and external clients of varying experience, expertise and appreciation of actuarial techniques.
• Commercially minded, with gravitas to influence and negotiate on well-considered risk-based decision making.
• Proven track record of delegation and people development skills. Ability to work both independently or as part of a wider project team. Flexibility and self-discipline to manage time and competing priorities.
• A growth mindset - highly focused, motivated and committed to ongoing personal learning and development.

About Liberty Specialty Markets (LSM)

Liberty Specialty Markets and LMRe are part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

Offering a vibrant and inclusive environment and committing to their career development.

Promoting diversity, equity and inclusion (DEI). OurInclusion Matters frameworkand employee-led networks strengthen the diversity of our workforce and our inclusive environment.

Reinforcing that collaborating together to share our unique perspectives help we make better decisions, deliver innovative solutions and pursue our ambitious goals.

A supportive culture, which includes promoting a healthy work-life balance and working flexibly.

For more information, please follow the links below:

https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us

https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-inclusion-wellbeing/diversity-and-inclusion