Pricing Contractor

The Actuary; Greater London; Hybrid; GBP 52,000 - 70,000; Full time

Job summary

The Actuary seeks an experienced Pricing Actuary to support a 6-month engagement in the UK health insurance market. You will bring hands-on PMI pricing expertise to a high-profile client project.

Key duties include developing PMI pricing models, analysing claims experience and medical inflation, and presenting clear recommendations to senior stakeholders while collaborating with a team of consultants and actuaries.

Qualifications

• PMI pricing expertise is required.
• Experience in UK PMI pricing in insurer or consultancy.
• Proficient with SQL, R, Python and Excel/VBA.

Responsibilities

• Develop, review and enhance PMI pricing models and rating structures.
• Analyse claims experience, medical inflation and utilisation trends.
• Present findings and recommendations clearly to senior client stakeholders.
• Work alongside a team of experienced consultants and actuaries.

Skills

SQL

R

Python

Excel/VBA

Emblem

Radar

Education

FIA or equivalent

Job description

My client is looking for an experienced Pricing Actuary for a 6-month contract.

You'll support a major client engagement in the UK health insurance market, bringing hands-on Private Medical Insurance (PMI) pricing expertise to a high-profile project.

The role

• Develop, review and enhance PMI pricing models and rating structures
• Analyse claims experience, medical inflation and utilisation trends
• Present findings and recommendations clearly to senior client stakeholders
• Work alongside a team of experienced consultants and actuaries

About you

• Qualified or nearly qualified actuary (FIA or equivalent)
• Strong, recent pricing experience in UK Private Medical Insurance, gained at an insurer or a consultancy
• Confident with pricing tools and data (e.g. SQL, R, Python, Excel/VBA, Emblem or Radar)
• Able to hit the ground running and work comfortably in a client-facing environment
• Available to start at short notice