Pricing Actuary — London Market & Portfolio Solutions

Sompo; Greater London; On-site; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Health & Wellness Benefits

Retirement & Savings Plans

Parental Leave & Adoption Support

Employee Assistance Program

Tuition Reimbursement & Professional资格

Job summary

Sompo is seeking a Pricing Actuary for our London Market pricing team. The role focuses on data-driven analysis, governance, and collaboration with underwriters to price a range of Casualty, Property and Finpro classes.

You will lead pricing for assigned lines, develop models, and provide insights to support business planning and portfolio decisions. This is a dynamic, collaborative role based in our London office.

Qualifications

• Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Qualified or progressing towards actuarial qualification with the Institute & Faculty of Actuaries or similar.
• Minimum 5 years of experience in commercial insurance pricing, with demonstrated pricing leadership.

Responsibilities

• Assist in data collection, analysis and validation for actuarial modelling and calculations, guiding junior team members.
• Lead development of tools for monitoring and reporting rate change and rate adequacy.
• Serve as lead pricing contact for assigned lines, managing day-to-day underwriting relationships.
• Lead individual account pricing and review delegated business within governance frameworks.
• Develop pricing models for new business areas and update models through reparameterisation.
• Apply pricing techniques to portfolio analyses and prepare management presentations with insights.
• Lead business planning for allocated classes and articulate underlying rationale.
• Identify growth opportunities by collaborating with underwriting and analysing portfolio vs market.
• Complete risk audits to ensure accurate modelling by underwriters and address deficiencies.
• Research industry developments that could impact Sompo and perform ad hoc duties as required.

Skills

Pricing experience

Data analysis

Excel

SQL

Python

Communication

Actuarial modelling

Education

Actuarial Science degree

Tools

Excel

SQL

R

Python

Job description

Sompo is seeking a Pricing Actuary for our London Market pricing team. The role focuses on data-driven analysis, governance, and collaboration with underwriters to price a range of Casualty, Property and Finpro classes.

You will lead pricing for assigned lines, develop models, and provide insights to support business planning and portfolio decisions. This is a dynamic, collaborative role based in our London office.