Senior Pricing Actuary – 27528

TN United Kingdom; Basingstoke; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Pricing Actuary to oversee portfolio management and pricing strategies. This role involves recommending target margins, maintaining pricing systems, and collaborating with key partners to drive strategic initiatives. The ideal candidate will possess strong actuarial qualifications and experience in commercial pricing, with a focus on delivering results under pressure. Join a dynamic team where your insights and leadership will significantly impact business growth and innovation in the insurance sector.

Qualifications

• Qualified actuary with strong post-qualification experience required.
• Degree level education in a mathematical or statistical subject.

Responsibilities

• Manage portfolio across active products and recommend pricing targets.
• Maintain pricing systems and ensure control over updates.
• Support strategic initiatives in Pricing and Risk selection.

Skills

Commercial Pricing Experience

Communication Skills

Interpersonal Skills

Numeracy

IT Skills

Team Management

Education

Degree in Mathematics or Statistics

Qualified Actuary

Job description

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Senior Pricing Actuary – 27528, Basingstoke

Client:

Emerald Group Ltd

Location:

Job Category:

Finance

EU work permit required:

Yes

Job Reference:

8a25968ec8e0

Job Views:

28

Posted:

22.03.2025

Expiry Date:

06.05.2025

Job Description:

Overview

Key responsibilities:

• Responsible for portfolio management across all companies active products, recommending clear target margins and return on equity targets.
• Responsible for recommending rate and persistency targets for the annual Financial Plan that align with their target margins and growth ambitions.
• Recommend market pricing initiatives allowing for customer lifetime value, competitor actions and other external market factors.
• Maintain pricing systems and ensure appropriate controls over pricing updates.
• Support Pricing and Risk selection strategic initiatives as required.
• Play an active role in the relationships with key partners including Financial Underwriting, GPS, DT&T and Strategy & Planning as required.

Qualifications required:

• Qualified actuary, with strong post qualification experience.
• Degree level education at grade 2:1 or above in a subject with significant mathematical or statistical content.

Experience required:

• Experience in commercial pricing.
• Detailed knowledge of the life and/or general insurance industry.
• Good communication and interpersonal skills.
• Highly numerate with good IT skills.
• The ability to work under pressure, deliver expected results and manage competing and conflicting demands within the workload.
• The ability to apply new ideas and approaches to business needs and provide external industry insights.
• The ability to manage team members (if required) and provide on-the-job and career coaching.