Pricing Actuary

Avencia Talent Solutions; Greater London; Hybrid; GBP 239,388 - 314,111; Full time

Benefits offered by this job

Hybrid work arrangement

Competitive daily rate

Job summary

Avencia Talent Solutions in London is seeking an experienced Pricing Actuary for a 6-month contract hybrid role. You will calibrate 6–8 pricing models across UK portfolios, build repeatable processes and support underwriting strategy with senior stakeholders.

The position requires extensive UK general insurance pricing experience, strong analytical capability and the ability to influence underwriting and product heads.

Qualifications

• Extensive actuarial pricing experience within UK general insurance.
• Strong track record of developing and calibrating pricing models across multiple lines of business.
• Excellent technical and analytical capability.
• Experience influencing underwriting and business stakeholders.

Responsibilities

• Calibrate 6–8 pricing models across the UK portfolio.
• Build robust, repeatable processes for pricing decisions.
• Extract and analyse data to support model calibration.
• Back test against historical portfolios and narrate findings.
• Document calibration methodologies for future use.
• Present findings and recommendations to senior stakeholders.

Skills

Pricing model development

Data analysis

UK general insurance pricing

Stakeholder briefing

Autonomy

Tools

Excel

SQL

R/Python

Job description

Contract Pricing Actuary | London (Hybrid) | 6 Months | Up to £1,500 per day

One of the highest-profile actuarial contract opportunities currently on the market.

We're supporting a leading specialist insurer in the search for an experienced Pricing Actuary to join its newly established Portfolio Management function. This is a unique opportunity to influence underwriting strategy, shape pricing capability and work directly with senior business leaders, including the Chief Underwriting Officer and Product Heads.

The Opportunity

You’ll be responsible for calibrating 6–8 pricing models across the UK portfolio, building robust, repeatable processes that will underpin future pricing decisions.

• Reviewing and enhancing existing pricing model structures
• Extracting and analysing data
• Back testing against historical portfolios
• Reverse engineering rates into the existing rating structure
• Identifying model performance and areas for improvement
• Producing clear documentation for future calibration exercises
• Presenting findings and recommendations to senior stakeholders

About You

You’ll bring:

• Extensive actuarial pricing experience within UK general insurance
• A strong track record of developing and calibrating pricing models across multiple lines of business
• Excellent technical and analytical capability
• Experience influencing underwriting and business stakeholders
• A strong understanding of UK liability insurance products
• The ability to work autonomously while collaborating across underwriting, actuarial and portfolio management teams

What’s on offer?

• Up to £1,500 per day
• Opportunity to help shape the future of pricing within a leading specialist insurer
• High-impact role with exposure to senior leadership and genuine strategic influence