Protection Pricing Actuary

The Actuary; Greater London; Hybrid; GBP 55,000 - 85,000; Full time

Job summary

The Actuary is seeking a Protection Pricing Actuary in the UK, for a nearly or newly qualified actuary to join its Protection Pricing team. You will lead pricing projects and contribute to pricing strategy, with exposure to new product development.

You will analyse claims experience, assess risk and pricing assumptions, monitor treaty performance, and provide technical guidance to junior colleagues while developing your pricing model toolkit.

Qualifications

• Newly qualified or nearly qualified actuary (max. 2-3 exams remaining).
• Experience in actuarial pricing, ideally within protection.
• Experience analysis capability, with an understanding of risk and pricing assumptions.
• Strong Excel skills; experience with R, Python or VBA is beneficial.

Responsibilities

• Lead protection pricing projects, from data analysis and experience studies through to pricing recommendations.
• Analyse claims experience, assess risk and support the development of pricing assumptions.
• Monitor treaty performance and provide insight to support pricing decisions and client discussions.
• Contribute to new product development and improvements to pricing models, tools and processes.
• Provide technical guidance and support to junior team members.

Skills

Actuarial pricing

Pricing analysis

Leadership

Mentoring

Education

Actuarial qualification

Tools

R

Python

VBA

Excel

Job description

Protection Pricing Actuary

A leading global reinsurer is looking to hire a nearly or newly qualified actuary into its UK Protection Pricing team. This is an opportunity to work on protection pricing, contribute to new product development and take ownership of pricing projects.

The role:

• Lead protection pricing projects, from data analysis and experience studies through to pricing recommendations.
• Analyse claims experience, assess risk and support the development of pricing assumptions.
• Monitor treaty performance and provide insight to support pricing decisions and client discussions.
• Contribute to new product development and improvements to pricing models, tools and processes.
• Provide technical guidance and support to junior team members.

Requirements:

• Newly qualified or nearly qualified actuary (max. 2-3 exams remaining).
• Experience in actuarial pricing, ideally within protection.
• Experience analysis capability, with an understanding of risk and pricing assumptions.
• Strong Excel skills; experience with R, Python or VBA is beneficial.