Head of Group Actuarial Pricing

BENEFACT TRUST LIMITED; Gloucester; Hybrid; GBP 110,000 - 150,000; Full time

Benefits offered by this job

Hybrid working

Pension contribution up to 12%

Annual bonus 10-40%

28 days annual leave + holiday buy/sun

Private healthcare

Job summary

Benefact Group in Gloucester seeks a Head of Group Actuarial Pricing to lead the Group’s pricing function. The role focuses on strategic direction, governance, and developing pricing sophistication across the General Insurance portfolio.

You will oversee pricing operations, including cross-border activities in Australia and Canada, and collaborate with stakeholders to drive pricing excellence and business decisions. Hybrid working is offered.

Qualifications

• Experience leading actuarial pricing teams and coaching talent.
• Strong influencing skills and confident communication.
• Extensive experience in commercial pricing and personal lines techniques.
• Qualified Actuary or equivalent with deep market knowledge.

Responsibilities

• Lead the Group Actuarial Pricing Function and set strategic direction.
• Oversee pricing operations including cross-border activities (Australia and Canada).
• Govern pricing frameworks across the General Insurance portfolio.
• Provide actuarial insight to support strategic planning and decisions.
• Drive pricing innovation using market insights and analytics.
• Support the Group Chief Actuary and the wider Actuarial Function.

Skills

Leadership

Pricing experience

Stakeholder influence

Qualified Actuary

Education

Actuary qualification (FIA/FCIA)

Tools

Pricing software

Job description

Head of Group Actuarial Pricing

We are looking for a Head of Group Actuarial Pricing to join Benefact Group in our Gloucester office. Competitive salary, excellent benefits and hybrid working.

Working hours: 35 hours per week, Monday to Friday

Duration: Permanent

Location:Gloucester

Job Ref:205384

About the role

Benefact Groupare looking for a Head of Group Actuarial Pricing to join our Gloucester office.

In this role you will lead the Group’s Actuarial Pricing Function, providing strategic leadership, insight and developing pricing sophistication across the Group General Insurance portfolio.

Why join us?

Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK's 15 Best Big Companies to Work For in 2025, we offer fantastic career and development opportunities within a rapidly growing, innovative Group - where all profits go to charity and good causes.

What you'll be doing

• Lead the Group Actuarial Pricing Function, setting strategic direction and developing an established, high performing team.

• Responsibility for model pricing, including oversight of operations in Australia and Canada.

• Oversee technical pricing frameworks across the Group's General Insurance portfolio, ensuring robust governance and compliance.

• Partner across the business to provide actuarial insight to support strategic planning and key business decisions across the Group.

• Drive innovation and continuous improvement with external market insights and enhancing pricing sophistication.

• Support the Group Chief Actuary and contribute to the leadership of the wider Actuarial Function.

What you'll need to have

• Experience of leading and managing successful teams, including coaching to unlock potential.

• Strong influencing skills and a confident communicator.

• Extensive experience of commercial pricing and familiarity with personal lines techniques. Hx experience an advantage.

• Qualified Actuary or equivalent, with deep market and industry knowledge.

• Adheres to the highest level of professional and ethical standards.

What we offer

• A competitive salary - let's discuss it

• Hybrid working

• Group Personal Pension - up to 12% employer contribution

• Generous annual bonus scheme: on-target bonus between 10% and 40%

• 28 days annual leave plus bank holidays, and a holiday buy and sell scheme

• An array of health and wellbeing benefits, including private healthcare, income protection and life assurance

• £200 annual personal grant to a charity of your choice

• Encouraged to take at least one volunteering day per year

• Employee Assistance Programme

• Full study support to gain professional qualifications

• Access to virtual GP

• Enhanced maternity and paternity pay

Hear from the hiring manager

"As Head of Group Actuarial Pricing you'll play a key role in influencing strategic decisions across the Group. We’re at an exciting point advancing our pricing sophistication and this is a great opportunity to lead a talented team, drive pricing excellence, and help shape the future of our General Insurance businesses."

About us

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.

*Directory of Social Change’s UK Guides to Company Giving 2017-26