Pricing Strategy Lead - Group Protection (Hybrid)

The Actuary; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Job summary

The Actuary is seeking a Senior Pricing Manager to join its actuarial team, responsible for setting pricing bases, reviewing experience and assumptions, and supporting robust pricing decisions across Group Protection products. The role offers ownership of pricing activity and technical leadership to junior actuaries.

You will lead pricing across Group Life products, review assumptions, and present findings to governance forums, working with cross-functional teams to translate analysis into

Qualifications

• Qualified Life Actuary with strong post-qualification experience.
• Background in life, health or protection insurance.
• Hands-on pricing experience with actuarial modelling.
• Experience reviewing pricing assumptions and investigating experience.
• Experience producing reports and presenting technical recommendations to senior stakeholders.
• Understanding of risk appetite, expenses and cost of capital in pricing.
• Experience working within a regulated insurance environment.
• Ability to guide and develop junior actuarial colleagues.

Responsibilities

• Leading the setting of central pricing bases and agreeing product terms.
• Owning pricing reviews and annual experience investigations.
• Reviewing pricing assumptions and making recommendations for changes.
• Monitoring emerging risk trends, new money rates, expenses and cost of capital.
• Recommending pricing adjustments to ensure commercial robustness within risk appetite.
• Preparing pricing reports and presenting recommendations to senior governance forums.
• Working with F underwriting, distribution, marketing and data teams to translate pricing analysis into commercial decisions.
• Ensuring pricing considerations align with fair value, Conduct Risk, Consumer Duty and Solvency II requirements.
• Maintaining controls across pricing processes and identifying opportunities to improve ways of working.
• Supporting wider pricing and risk-selection strategic initiatives.
• Providing technical guidance, coaching and line management to actuarial students and newly qualified actuaries.

Skills

Pricing experience

Pricing assumptions

Numerical analysis

Actuarial modelling

Data & IT tools

Reporting to stakeholders

Commercial pricing

Regulated insurance

Mentoring actuarial staff

Job description

The Actuary is seeking a Senior Pricing Manager to join its actuarial team, responsible for setting pricing bases, reviewing experience and assumptions, and supporting robust pricing decisions across Group Protection products. The role offers ownership of pricing activity and technical leadership to junior actuaries.

You will lead pricing across Group Life products, review assumptions, and present findings to governance forums, working with cross-functional teams to translate analysis into