Pricing Actuary - Transformation

Avencia Talent Solutions Limited; Greater London; On-site; GBP 81,000 - 99,000; Full time

Job summary

Avencia Talent Solutions Limited is seeking a Pricing Transformation Actuary to join its Portfolio Analytics team in Greater London. The role focuses on developing, enhancing and maintaining pricing models that support underwriting and portfolio decisions.

You will work closely with underwriters, actuaries and technology specialists to translate business challenges into practical, data-driven pricing solutions, exploring AI, automation and modern tech to improve pricing processes and outcomes.

Qualifications

• Experience developing, enhancing or supporting pricing models, ideally within insurance.
• Strong analytical and problem-solving skills.
• Proficiency in at least one coding language, with the ability to develop Python skills.
• The confidence to engage with underwriters and translate business requirements into practical model improvements.
• The ability to explain technical concepts clearly to non-technical stakeholders.
• A curious, collaborative approach and a genuine interest in pricing transformation and technology.

Responsibilities

• Developing and maintaining pricing frameworks to support underwriting and portfolio decision-making
• Taking ownership of pricing models, enhancements and elements of the wider transformation roadmap
• Building and improving models using Hyperexponential (HX), Excel and other analytical tools
• Analysing pricing data to assess model performance and identify opportunities for improvement
• Supporting model calibration, testing, validation and documentation
• Working closely with Underwriting, Portfolio Management, Data Analytics, Change and IT teams
• Exploring how AI, automation and modern technology can improve pricing processes and outcomes
• Sharing knowledge and supporting junior colleagues where appropriate

Skills

Pricing models

Analytical skills

Python

Stakeholder engagement

Communication

Pricing transformation

Tools

Hyperexponential (HX)

Excel

Job description

Up to £90,000 + bonus + exceptional benefits

Are you looking for an opportunity that combines pricing, analytics, technology and business engagement while helping to shape the future of underwriting?

We’re supporting a leading international specialty insurance business in its search for a Pricing Transformation Actuary to join its Portfolio Analytics team.

This is a hands-on role focused on developing, enhancing and maintaining pricing models that support underwriting and portfolio decisions. You’ll work closely with underwriters, actuaries and technology specialists to translate business challenges into practical, data-driven pricing solutions.

Key responsibilities:

• Developing and maintaining pricing frameworks to support underwriting and portfolio decision-making
• Taking ownership of pricing models, enhancements and elements of the wider transformation roadmap
• Building and improving models using Hyperexponential (HX), Excel and other analytical tools
• Analysing pricing data to assess model performance and identify opportunities for improvement
• Supporting model calibration, testing, validation and documentation
• Working closely with Underwriting, Portfolio Management, Data Analytics, Change and IT teams
• Exploring how AI, automation and modern technology can improve pricing processes and outcomes
• Sharing knowledge and supporting junior colleagues where appropriate

We’re looking for someone with:

• Experience developing, enhancing or supporting pricing models, ideally within insurance
• Strong analytical and problem-solving skills
• Proficiency in at least one coding language, with the ability to develop Python skills
• The confidence to engage with underwriters and translate business requirements into practical model improvements
• The ability to explain technical concepts clearly to non-technical stakeholders
• A curious, collaborative approach and a genuine interest in pricing transformation and technology

Experience with Hyperexponential or a similar pricing platform would be advantageous but is not essential.

Exposure to actuarial work or study would also be beneficial; however, no specific level of actuarial qualification is required.

This is an excellent opportunity to join a highly collaborative team and develop broader experience across pricing, analytics, transformation, technology and AI-enabled solutions.