Pricing Actuary / Actuarial Pricing Analyst – 27867

The Emerald Group; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an actuarial professional to join its dynamic Actuarial Pricing Team in London. This role involves providing crucial actuarial support for pricing treaty reinsurance contracts and large risks, ensuring that pricing outputs are credible and well-structured. The ideal candidate will possess a strong mathematical background, experience in general insurance, and a keen understanding of actuarial techniques. This position offers an exciting opportunity to influence pricing strategies while working closely with underwriters and clients in a collaborative environment. If you are passionate about actuarial science and eager to contribute to innovative pricing solutions, this role is perfect for you.

Qualifications

• 2:1 or higher degree in relevant fields.
• Partly or fully qualified actuary in the UK, US or Europe.

Responsibilities

• Provide actuarial support to underwriters for pricing individual accounts.
• Conduct portfolio analyses to validate pricing assumptions.

Skills

Actuarial Techniques

Portfolio Analysis

Pricing Strategies

Statistical Analysis

Education

Degree in Mathematics

Degree in Statistics

Degree in Economics

Degree in Actuarial Science

Job description

The role sits within the Actuarial Pricing Team that supports pricing of treaty reinsurance contracts and large risks that typically include loss sensitive features.

• Location: London
• Type: Permanent

Key Duties (including but not limited to):

• Provide actuarial support to underwriters and their customers in the pricing of individual accounts.
• Conduct portfolio analyses and other appropriate actuarial investigations for validating assumptions used in pricing and improving credibility of pricing outputs.
• Assist underwriters in the structuring and pricing of Treaty Reinsurance policies; large insurance policies where experience rating is expected to be a material consideration; policies with material loss sensitive features.

Minimum Requirements:

• 2:1 or higher degree in Mathematics, Statistics, Economics or Actuarial Science.
• Partly or fully qualified actuary in the UK, US or Europe.
• 2 – 4 years of experience working in General Insurance.
• 1 – 2 years of experience in pricing general insurance and/or treaty reinsurance business.
• London/Lloyd’s market experience (desirable).
• Knowledge of actuarial techniques for pricing primary, excess of loss and catastrophe insurance/reinsurance products.