Impact Analytics, Pricing Actuary

Convex; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading insurance firm in the UK is seeking a Pricing Actuary. The role involves supporting Underwriters in portfolio design and pricing model development while enhancing cross-team collaboration. Ideal candidates will be part or newly qualified Actuaries with at least 3 years of experience in the London market, along with strong communication and technical skills. The role offers a competitive salary and numerous benefits.

Benefits

Competitive Salary

30 days Annual Leave

Birthday Leave

10% Employer Pension Contribution

Private Health Insurance Medical Cover

Group Income Protection

Life Assurance Cover

Enhanced Parental Leave

Annual Health Check

3 days of Volunteer Leave each year

10 days of help with care (elder/childcare)

£1,300 to spend on learning & wellbeing

Give as You Earn

Cycle to Work

Season Ticket Loan

Qualifications

• Minimum of 3 years of experience in the London insurance market.
• Ability to maintain collaboration and use influencing skills.
• Genuine interest in improving processes using data.

Responsibilities

• Support Underwriters with risk selection by designing pricing models.
• Collaborate with various actuarial teams for consistent decision-making.
• Drive initiatives to enhance data-driven tech capabilities.

Skills

Part or newly qualified Actuary

3 years’ experience in the London market (re)insurance sector

Articulate communicator

Collaborative approach

Interest in using data and technology

Advanced technical skills including Python, SQL and Power BI

Job description

Impact Analytics, Pricing Actuary

Department: Actuarial / Analytics

Employment Type: Permanent

Location: London, UK

Description

The Impact Analytics team at Convex supports Underwriters in insurance and reinsurance by offering Actuarial assistance with portfolio design, pricing models, and risk analysis.

Your primary role will be to work closely with Underwriters, advising on portfolio design, building pricing models, and aiding in risk selection for various insurance and reinsurance lines. You'll also collaborate with teams in catastrophe analytics, capital optimisation, and ceded reinsurance.

Active engagement with Underwriters is expected to enhance transparency and confidence in the analytics provided.

Key Responsibilities

• Supporting Underwriters with risk selection by designing pricing models, evaluating new markets, and optimising existing portfolios.
• Collaborating with Exposure Management, Capital Modelling, Ceded Re, and Actuarial teams for consistent decision‑making.
• Driving wider initiatives that support Convex’s ambition to build market leading data‑lead tech capabilities.
• Creating analytical tools and dashboards with Data Engineers and BI Developers.
• Upholding Convex values and sharing expertise across the company.

Skills Knowledge and Expertise

• Part or newly qualified Actuary with at least 3 years’ experience in the London market (re)insurance sector.
• Articulate communicator, both verbally and written.
• Ability to maintain a collaborative approach and use influencing skills to deliver results using cross‑functional resource.
• Genuine interest in using data and technology to improve processes and decision making.
• Advanced technical skills including Python, SQL and Power BI would be valued.

Benefits

• Competitive Salary
• 30 days Annual Leave
• Birthday Leave
• 10% Employer Pension Contribution
• Private Health Insurance Medical Cover
• Group Income Protection
• Life Assurance Cover
• Enhanced Parental Leave
• Annual Health Check
• 3 days of Volunteer Leave each year
• 10 days of help with care (elder/ childcare) through Bright Horizons
• £1,300 to spend on learning & wellbeing
• Give as You Earn
• Cycle to Work
• Season Ticket Loan