Pricing Actuary/Senior Pricing Actuary: Credit & Political Risk Solutions

JR United Kingdom; City Of London; On-site; GBP 60,000 - 100,000; Full time

Job summary

A leading specialist reinsurance business in London is seeking a mid-to-senior Pricing Actuary to join their Bespoke Credit and Political Risk team. The role involves developing tailored pricing models, engaging with stakeholders, and mentoring junior staff. Candidates should have a strong actuarial background with experience in Pricing or Capital Modelling, and knowledge of SQL and Python is advantageous.

Qualifications

• Nearly or Newly Qualified Actuary, up to Qualified Actuary with 5 years PQE.
• Minimum of 3 years' experience in Pricing or Capital Modelling roles.
• Knowledge of SQL, Python, R, and/or Remetrica is highly beneficial.

Responsibilities

• Designing, developing, and maintaining pricing models for credit and political risk products.
• Engaging with high-level stakeholders and supporting junior actuaries.
• Collaborative case pricing, risk identification, and business planning.

Skills

Communication

Stakeholder Management

Ambitious Attitude

Education

Qualified Actuary

Tools

SQL

Python

R

Remetrica

Job description

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Pricing Actuary/Senior Pricing Actuary: Credit & Political Risk Solutions, London (City of London)

Client:

Selby Jennings

Location:

London (City of London), United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

1

Posted:

25.05.2025

Expiry Date:

09.07.2025

Job Description:

Our client is an esteemed specialist and reinsurance business, operating at Lloyd's to underwrite bespoke insurance solutions for a variety of niche and complex risks.

They are actively seeking a mid-to-senior Pricing Actuary to join their Bespoke Credit and Political Risk team, reporting directly to the Head of Pricing. This role involves designing, developing, maintaining, and owning tailored pricing models for credit and political risk products, collaborative case pricing, risk identification and quantification, business planning and reporting, and engaging with high-level stakeholders. Additionally, the role includes supporting the training and mentorship of junior actuaries and analysts.

The company is flexible regarding seniority, considering candidates from Nearly Qualified to up to 5 years PQE, with remuneration and responsibilities adjusted accordingly.

Role Requirements:

• Nearly or Newly Qualified Actuary, up to Qualified Actuary with 5 years PQE.
• Minimum of 3 years' experience in Pricing or Capital Modelling roles, ideally with transferable product knowledge, but open to other Commercial Insurance or London Market backgrounds.
• Experience in Life Insurance, Reinsurance, or Asset Management industries is also considered, with an interest in pursuing a GI/Non-Life Actuarial career.
• Knowledge of SQL, Python, R, and/or Remetrica is highly beneficial.
• Strong communication and stakeholder management skills, with an ambitious attitude and eagerness to learn and grow.