Lead Actuary - Predictive Modelling

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

Job summary

A leading insurance firm is seeking a Lead Actuary - Predictive Modelling in London. This role requires expertise in General Insurance pricing and involves developing pricing models using Python. The firm values diversity and inclusion in its workplace, aiming to empower employees to make data-driven decisions. Successful candidates will have a strong actuarial background and a passion for creative problem-solving.

Qualifications

• Qualified Actuary with experience in General Insurance pricing.
• Expert knowledge to deliver creative and pragmatic solutions to complex problems.

Responsibilities

• Support in the continuous delivery of market-leading pricing capability.
• Implement, develop, and improve analytical products like pricing models using Python.
• Collaborate to support development & implementation of pricing algorithms.
• Ensure models add value to the risk selection process.
• Communicate insights from pricing algorithm reviews to stakeholders.

Job description

Overview

Job Details: Lead Actuary - Predictive Modelling

Vacancy Name: Lead Actuary - Predictive Modelling

Employment Type: Permanent

Location: London

Role

We\'re looking for a Pricing Actuary.

About Brit

At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That\'s why we exist: to help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver risk services. Our team is empowered to help our customers not only survive the risks they face but also stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn\'t something to fear but to seize; it\'s full of potential - not only for our customers but for our employees too.

We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving - both professionally and emotionally. If you\'re looking for a place to make a real difference, read on.

What you\'ll be doing

• Support Brit\'s underwriting product owners in the continuous delivery of market-leading pricing capability.
• Focus on the implementation, development, and continuous improvement of analytical products like pricing models using Python as part of the Brit Actuarial Analytics - Pricing team.
• Collaborate across group functions (wider actuarial, underwriting, claims, data engineering, etc.) to support the development & implementation of pricing algorithms across classes in Python, in line with the agreed plans, ensuring appropriate levels of input and feedback.
• Ensure models are appropriate and add value to the risk selection process.
• Communicate the key insights and recommendations from pricing algorithm reviews, including any uncertainties & limitations, to key stakeholders, including underwriting, wider actuarial, and other analytical teams.
• Be a qualified Actuary with experience in General Insurance pricing, applying expert knowledge to deliver creative and pragmatic solutions to complex problems across functional areas for relevant classes/divisions.
• Our Actuarial team empowers underwriters to make better, data-driven decisions.
• We welcome everyone wholeheartedly.

Environment and Accessibility

We\'ve got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we\'ll be respected, valued, and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations, and suggestions about how we do things.

Our office is located in the Leadenhall Building on Leadenhall Street (EC3V 4AB), on floors 16-18 and 39. All floors are accessible by lift, with building staff available to assist.

The closest train/underground/DLR stations are: Liverpool Street (7 mins), Bank (6 mins), Fenchurch Street (6 mins), and Aldgate (7 mins).

The nearest bus stop is St Mary Axe (Stop LR or Z), just outside the building.

If you have any questions regarding accessibility, please ask.