Senior Actuary, Pricing

AWP Assistance UK Ltd; Croydon; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm seeks a skilled Senior Actuary to join their pricing team in Croydon. The role involves developing pricing models and strategies, analyzing market trends, and ensuring regulatory compliance. Candidates should have at least five years of experience in actuarial positions, with strong technical skills in actuarial modeling software. Leadership and team management abilities are essential. This position offers the opportunity to mentor junior staff and work within a dynamic international team.

Qualifications

• Minimum five years in a pricing-focused actuarial position, preferably in insurance or re-insurance.
• Proven success in developing pricing strategies that foster business growth and profitability.
• Knowledge of UK regulatory rules and Solvency II.

Responsibilities

• Lead the development and refinement of pricing models and strategies.
• Identify market trends and recommend pricing adjustments.
• Collaborate with data scientists on pricing accuracy improvements.

Skills

Pricing Strategy Development

Data Analysis and Modeling

Stakeholder Management

Regulatory Compliance

Interpersonal Skills

Tools

Emblem

Radar

Python

Job description

Senior Actuary, Pricing

We are seeking a highly skilled and experienced Senior Actuary to join our dynamic pricing team in Europe. The role is part of an international crew, responsible for the markets within Europe with a strong focus on the UK market, a focus on the markets in Europe, with a focus on the European market, the position has a strong focus on the UK markets.

Responsibilities

• Pricing Strategy Development: Lead the development and refinement of pricing models and strategies to meet business objectives and regulatory requirements.
• Identify market trends and recommend pricing adjustments to enhance profitability and competitiveness.
• Data Analysis and Modeling: Apply actuary techniques and predictive analytics to assess risks and design pricing scenarios.
• Collaborate with data scientists to integrate machine‑learning solutions for greater pricing accuracy.
• Stakeholder Management: Communicate pricing insights to senior management, underwriting teams, and key stakeholders.
• Act as an adviser on pricing matters, supporting executive decisions.
• Regulatory Compliance: Ensure all pricing practices adhere to relevant regulations and industry standards.
• Stay updated on regulatory changes and evaluate their impact on pricing approaches.
• Team Leadership: Mentor and nurture junior actuaries, fostering teamwork and continuous improvement.
• Lead project teams to achieve on‑time high‑quality deliverables.
• Performance Monitoring: Track portfolio performance and suggest pricing structural adjustments.
• Conduct regular model reviews to keep them robust and relevant.

Qualifications

• Experience: Minimum five years in a pricing‑focused actuarial position, preferably in insurance or re‑insurance.
• Proven success in developing pricing strategies that foster business growth and profitability.
• Technical Skills: Advanced proficiency in actuarial modeling software (e.g., Emblem, Radar, Python, etc.), and a sound grasp of statistical and predictive modeling.
• Knowledge of UK regulatory rules and Solvency II.
• Interpersonal Skills: Strong communication and presentation abilities, translating complex actuarial concepts to non‑technical audiences.
• Demonstrated leadership and team‑management ability, mentoring junior professionals.