Senior Pricing Actuary – 28731

The Emerald Group; London; On-site; GBP 65,000 - 95,000; Full time

Job summary

A prestigious actuarial firm in London seeks a qualified actuary to support underwriting teams through detailed account analysis and portfolio strategy. The role entails developing compliant pricing algorithms and enhancing pricing tools. Ideal candidates will have substantial experience in specialty insurance classes and proficiency in SQL and Python.

Qualifications

• Extensive experience in actuarial roles (6+ years) with exposure to pricing.
• Deep technical knowledge of Specialty Property / Specialty Casualty classes.

Responsibilities

• Develop pricing algorithms compliant with Actuarial and Lloyd’s Principles.
• Monitor pricing model performance and make adjustments for accuracy and profitability.
• Analyse underwriting loss trends using internal and external data.

Skills

Technical pricing

Data analysis

Excel

SQL

Python

Education

Qualified actuary, member of the Institute and Faculty of Actuaries (IFoA)

Job description

Support underwriting teams with accounts analysis, case pricing of risks and assist with portfolio analysis and strategy

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• Development of pricing algorithms that will enable technical pricing at class of business level that are compliant with Actuarial and Lloyd’s Principles
• Support Technical Pricing resource by implementing pricing tool enhancements within the Hx platform. Monitor the performance of pricing models and strategies. Analyse results and make adjustments as necessary to improve accuracy and profitability
• Monitoring and analysis of underwriting loss trends, by frequency/severity, by segment, using internal & external data as well as using outputs from Pricing models
• Support selection of premium risk parameters to feed into the Internal Capital model
• Qualified actuary, member of the Institute and Faculty of Actuaries (IFoA)
• Extensive experience in actuarial roles, with significant exposure to pricing in the Lloyd’s and London markets (6+ years)
• Deep technical knowledge of Specialty Property / Specialty Casualty classes
• Expert at Excel (including VBA) and at least intermediate to expert knowledge of SQL and Python programming languages