Senior Actuary, Pricing

AWP Assistance UK Ltd; Croydon; On-site; GBP 70,000 - 90,000; Full time

Job summary

An international insurance company in the UK seeks a Senior Actuary who will play a crucial role in leading pricing strategies and making impactful decisions. You will utilize advanced actuarial techniques and collaborate with cross-functional teams to enhance pricing models, ensuring compliance with regulatory standards. The ideal candidate has over 5 years of experience in pricing-focused actuarial roles and strong leadership abilities. Join us to contribute to our success and empower your professional growth.

Benefits

Diverse and inclusive workplace

Opportunities for professional development

Competitive compensation packages

Qualifications

• At least 5 years experience in a pricing-focused actuarial role within insurance.
• Proven track record of successful pricing strategies.
• Strong understanding of UK regulatory requirements.

Responsibilities

• Lead pricing strategy development and refinement.
• Utilize advanced actuarial techniques for risk assessment.
• Communicate insights to senior management and stakeholders.

Skills

Actuarial modeling software

Predictive analytics

Statistical modeling techniques

Communication skills

Leadership

Education

Degree in Actuarial Science or related field

Tools

Python

Emblem

Radar

Job description

Senior Actuary, Pricing

We are seeking a highly skilled and experienced Senior Actuary to join our dynamic pricing team in Europe. The position is a part of an international team, responsible for markets in Europe, with a strong focus on the UK market. This is an exciting opportunity to lead pricing strategies, influence decision‑making, and contribute to the ongoing success of our organization. As a Senior Actuary, you will collaborate with cross‑functional teams to deliver innovative solutions, ensuring the organization remains competitive in the market.

What you do

Pricing Strategy Development

Lead the development and refinement of pricing models, ensuring alignment with business objectives and regulatory requirements.

Identify market trends and recommend adjustments to pricing strategies to optimize profitability and competitiveness.

Data Analysis and Modeling

Utilize advanced actuarial techniques and predictive analytics to assess risk and model pricing scenarios.

Collaborate with data scientists within the team to enhance pricing accuracy through machine learning and other innovative methodologies.

Stakeholder Management

Communicate pricing insights and recommendations to senior management, underwriting teams, and other key stakeholders.

Act as a key advisor on pricing‑related matters, supporting decision‑making at an executive level.

Regulatory Compliance

Ensure all pricing practices comply with relevant regulatory and industry standards.

Stay informed on changes to regulatory frameworks and assess their impact on pricing strategies.

Team Leadership

Mentor and develop junior actuaries within the team, fostering a culture of collaboration and continuous improvement.

Lead project teams, ensuring timely delivery of high‑quality outcomes.

Performance Monitoring

Monitor portfolio performance and recommend adjustments to pricing structures as needed.

Conduct regular reviews of pricing models to ensure they remain robust and fit for purpose.

What you bring

Experience

At least 5 years experience in a pricing‑focused actuarial role, ideally within the insurance or reinsurance sector.

Proven track record of delivering pricing strategies that drive business growth and profitability.

Technical Skills

Advanced proficiency in actuarial modeling software and tools (e.g., Emblem, Radar, Python, and equivalent).

Strong understanding of statistical and predictive modeling techniques.

Knowledge of UK regulatory requirements and Solvency II.

Interpersonal Skills

Excellent communication and presentation skills, with the ability to translate complex actuarial concepts for non‑technical audiences.

Strong leadership and team management abilities, with experience mentoring and developing junior professionals.

Analytical Mindset

Exceptional analytical and problem‑solving skills, with a strategic and commercial outlook.

Preferred Qualifications and Attributes

Experience with pricing in a travel line of business

Familiarity with emerging technologies and their application in pricing (e.g., AI, machine learning).

Ability to work effectively in a fast‑paced and changing environment.

Preferred location is UK but open to other EU countries.

What we offer

Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance. Customer‑driven, our innovative experts are redefining insurance services by delivering future‑ready, high‑tech high‑touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners’ businesses or sold directly to customers and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel and Allianz Care.

Allianz Group is one of the most trusted insurance and asset‑management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal‑opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. Let’s care for tomorrow.