Pricing Lead

Tokio Marine Kiln; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm is seeking a Pricing Lead to join their Actuarial & Analytics department in Westminster. You will play a key role in driving the Pricing and Analytics Team’s strategy, focusing on designing analytical models, enhancing underwriting capabilities through innovative data sources, and implementing business strategies. The ideal candidate will hold a degree in a quantitative field and possess strong analytical skills, including proficiency in SQL, Python, or R. The role offers a dynamic work environment committed to inclusion and empowerment.

Benefits

Flexible working arrangements

Inclusion network groups

CSR and charitable activity involvement

Qualifications

• Experience with large data sets and data analysis.
• Demonstrable experience in analytical model design.
• Comfortable working with complex data.

Responsibilities

• Design and build analytical models for risk assessment.
• Identify and apply innovative data sources for underwriting.
• Implement business strategies with underwriting divisions.
• Build and deploy pricing models to underwriting teams.
• Perform segmentation and profitability analyses.
• Conduct claims analysis and assist in new product development.

Skills

Analytical skills

SQL

Python

R

Education

Master's or Bachelor's degree in a quantitative or computational field

Job description

We have the opportunity for a Pricing Lead to join our Actuarial & Analytics department here at Tokio Marine Kiln. You will report to the Senior Pricing Manager and will be responsible for being a high impact team player to help drive execution of the Pricing and Analytics Team’s strategy and help transform TMK into an organisation where analytical insights act as the cornerstone of decision making.

The role includes responsibilities for:

• Designing and building analytical models to enhance risk assessment and underwriting
• Identifying, assessing, and applying new, innovative, and non-traditional data sources to enhance underwriting capability
• Working with the underwriting divisions, senior leadership, the wider Actuarial Team and other business partners on the implementation of business strategies and ensuring that the P&A team delivers against their objectives, including but not limited to:
• Building and deploying pricing models to underwriting divisions
• Segmentation and profitability analyses
• Portfolio and capital management
• Claims analysis
• Assisting with new product development
• Building and maintaining close working relationships with the underwriting teams and the wider Pricing & Analytics team to enable the delivery of this objective

The successful candidate will have a master’s or bachelor’s degree in a quantitative or computational field with demonstrable experience or can demonstrate your technical aptitude through other means (for example, relevant work experience, blog writing or contributions to code repos). You will be comfortable working with large data sets and analysing complex data with SQL and other tools such as Python or R. We are looking for someone who is a fast learner; curious, analytical and driven.

The successful candidate will be welcomed into the TMK family to help us further our purpose of enabling our clients to fulfil their ambitions whilst benefiting society and our people. We are committed to ensuring a safe, open, inclusive and empowering environment in which all of our people can thrive. All employees have the opportunity to join one or a number of inclusion network groups or take part in CSR and charitable activities. TMK is signed up to the Disability Confident Employer Scheme and we also accommodate flexible working, subject to the TMK flexible working policy.

We aim to be a ‘Good Company’ and this means being a great and inclusive company to do business with and being a great place to work. Our culture is founded on our core values of empowerment, inclusion, excellence, integrity, teamwork and innovation. We seek to recruit the best talent by endeavouring to reach diverse talent pools, offering dynamic working arrangements and investing in development.

We are an equal opportunities employer and welcome applications from all qualified candidates. If you require any reasonable adjustments or additional assistance during your application process, please contact us at [e-mail].