Pricing Build Actuary/Analyst

Arthur Financial; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A specialty insurer in Greater London is seeking an experienced actuary to join their pricing function. The role involves developing and maintaining pricing tools for various product lines while ensuring compliance with industry standards. Ideal candidates will have over 3 years of experience in general insurance pricing, strong proficiency in Excel and SQL, and be either qualified or part-qualified actuaries. This position emphasizes collaboration with cross-functional teams and clear communication of pricing methodologies.

Qualifications

• 3+ years’ experience in general insurance pricing, ideally in the London Market.
• Qualified or part-qualified actuary (IFoA) or equivalent experience.
• Strong technical skills including Excel, VBA, SQL, and GLM.

Responsibilities

• Provide actuarial input on pricing methodology.
• Develop new pricing tools for local and global use.
• Support the replatforming of existing pricing tools.

Skills

Actuarial expertise

Software development understanding

Technical skills (Excel, VBA, SQL)

Communication skills

Education

Qualified or part-qualified actuary (IFoA)

Tools

Excel

VBA

SQL

GLM or related modelling software

Job description

Arthur is please to share anopportunity to join the pricing function of a specialty insurer, supporting the development and delivery of pricing tools across local and global product lines.

The role combines actuarial expertise with an understanding of software development, contributing to the build, maintenance and documentation of pricing models used across the business.

Responsibilities

• Provide actuarial input on pricing methodology and support the Pricing Build Manager.
• Develop new pricing tools for both local and global use, ensuring all work meets company and actuarial documentation standards.
• Support the replatforming of existing pricing tools and the migration of datasets.
• Build and maintain effective working relationships with pricing, underwriting and development teams.
• Communicate pricing assumptions, modelling techniques and limitations to non-technical audiences.
• Ensure compliance with FCA, PRA and internal governance requirements.
• Produce clear documentation, commentary and insight aligned with internal policies and actuarial best practice.

Requirements

• At least 3 years’ experience in general insurance pricing, ideally in the London Market.
• Qualified or part-qualified actuary (IFoA) or equivalent experience.
• Strong technical skills, including Excel, VBA, SQL and GLM or related modelling software.
• Experience of specialty pricing and familiarity with single-risk pricing models is an advantage.

Right to Work

Candidates must have the right to work in the UK. Visa sponsorship is not available for this position.