Marine Pricing Lead

TN United Kingdom; London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Marine Pricing Lead to join their dynamic team. This role offers the opportunity to deliver critical actuarial analyses and lead a team focused on product pricing and risk modelling. As part of a transformative journey, you will play a key role in shaping strategies and ensuring accurate pricing models. The company promotes a hybrid working environment, providing a supportive culture that values personal development and work-life balance. If you are passionate about making a meaningful impact in the insurance sector, this is the perfect opportunity for you.

Benefits

Pension contributions up to 11%

Flexible working environment

Continuous development opportunities

Qualifications

• Extensive knowledge of general insurance and actuarial pricing experience.
• Experience in coaching and mentoring team members.

Responsibilities

• Deliver actuarial analyses in product pricing and risk modelling.
• Lead and motivate a team of pricing experts.

Skills

Actuarial Analysis

Product Pricing

Risk Modelling

Numeracy Skills

Excel

Emblem

Radar

VBA

R

Education

Degree in Actuarial Science or related field

Tools

Excel

Emblem

Radar

VBA

R

Job description

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Marine Pricing Lead

Job Title: Marine Pricing Lead

Reference: UK001736

Location: London

Business Line: Pricing & Actuarial

Job Description

Intro Paragraph:

At RSA, we believe insurance is about people, not things. We provide our inspiring colleagues the support and opportunity to grow together, shape the future, and win as a team. We are undergoing a transformation journey, giving our people the chance to improve our service and deliver better products to brokers and customers. As a proud member of the Intact family, we feel part of something bigger, with a presence in North America, the UK, and Europe.

We have a bold ambition to become the best Commercial Lines business in the UK, demonstrated by our recent acquisition of NIG and Farmweb, which allows us to scale by leveraging our combined financial strength and ensuring our people benefit from our joint capabilities.

We are currently recruiting a Marine Pricing Lead to join our established and experienced Chief Underwriting Office team here at RSA on a hybrid basis.

Role Requirements

Your Role:

As the Pricing Lead, you will be responsible for delivering actuarial analyses in areas such as product pricing, risk modelling, corporate planning, reinsurance, establishment of claims reserves, and underwriting analysis.

You will lead, develop, and motivate a team of pricing experts to ensure the timely and accurate provision of analyses, pricing models, and actions to meet strategy and targets for a set of accounts or portfolios.

You will represent your team at relevant meetings, working with the wider CUO function to communicate findings and support their implementation.

About You

To succeed in this role, you should have extensive knowledge of general insurance, along with actuarial or relevant pricing experience. Strong technology and numeracy skills are required (Excel, Emblem, Radar, VBA, R, etc.).

Experience in coaching and mentoring team members is essential. You should be capable of challenging standard thinking, prioritising tasks, and updating stakeholders as needed.

What We Offer

At RSA, we prioritize our people. We have adopted hybrid working as standard to promote a better work/life balance and offer a flexible working environment. Our benefits include pension contributions of up to 11%, supporting your future.

We provide numerous opportunities for continuous development within a diverse and passionate community of industry experts. You will be empowered to be your best self, do your best work, and make a meaningful impact. Our employee promise encourages you to shape the future, win as a team, and grow with us.