Pricing Transformation Actuary | AI & Analytics Lead

Avencia Talent Solutions Limited; United Kingdom; On-site; GBP 78,000 - 96,000; Full time

Job summary

Avencia Talent Solutions Limited is seeking a Pricing Transformation Actuary to join a global specialty insurance team. The role focuses on developing, enhancing and maintaining pricing models to support underwriting and portfolio decisions, translating business challenges into data‑driven pricing solutions.

Key collaboration with underwriters, actuaries, data analytics and IT, exploring AI and automation to improve pricing processes, and mentoring junior colleagues within a highly collaborative

Qualifications

• Experience developing or supporting pricing models, ideally within insurance
• Strong analytical and problem-solving skills
• Proficiency in at least one coding language, with ability to develop Python skills
• Ability to translate business requirements into practical model improvements
• Ability to explain technical concepts clearly to non-technical stakeholders
• Curious, collaborative approach and 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

Analytical thinking

Problem solving

Coding (Python)

Stakeholder communication

Pricing experience

Tools

Hyperexponential (HX)

Excel

Job description

Avencia Talent Solutions Limited is seeking a Pricing Transformation Actuary to join a global specialty insurance team. The role focuses on developing, enhancing and maintaining pricing models to support underwriting and portfolio decisions, translating business challenges into data‑driven pricing solutions.

Key collaboration with underwriters, actuaries, data analytics and IT, exploring AI and automation to improve pricing processes, and mentoring junior colleagues within a highly collaborative