Senior Pricing Actuary - Retail 80-100%

Zurich Insurance Group; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance company in Greater London is looking for a Retail Pricing Specialist to enhance market positioning through advanced pricing methodologies. The ideal candidate will implement new pricing systems and improve existing processes, with a strong background in retail pricing within non-life insurance. Excellent project management and communication skills are necessary for this role. Join a dynamic team that promotes innovative solutions in insurance pricing and provides mentorship opportunities.

Qualifications

• 3+ years of experience in retail pricing within non-life insurance.
• Proficiency in WTW pricing software.
• Advanced Python programming skills are desirable.

Responsibilities

• Implement state-of-the-art retail pricing system.
• Improve existing pricing processes and establish new ones.
• Lead research and development initiatives related to retail pricing excellence.

Skills

Retail pricing expertise

Project management

Advanced Python programming

Communication skills

Interpersonal skills

Customer service

Education

Bachelor’s degree in mathematics, statistics, actuarial science, finance, or a related field

Tools

WTW pricing software (Emblem, Radar)

Databricks

SageMaker

Job description

The Retail Pricing, Data Science and Portfolio Analytics team sits at the heart of Zurich’s Retail Transformation, working alongside Underwriting, Technology and Claims to shape the future of our retail insurance business.

As a member of the Retail Pricing, Data Science and Portfolio Analytics team, you will partner with local Business Units to build market‑leading, technically excellent retail pricing and analytical capabilities, supporting our ambition to deliver sustainable competitiveness, best‑in‑class customer experiences, and long‑term profitable growth.

What you will do

• You will report to the Head of Retail Pricing, supporting the global introduction of retail pricing excellence.
• Your main focus will be implementing a state‑of‑the‑art retail pricing system to enhance our market position, profitability, customer retention, and product offering.
• You will improve existing pricing processes and help establish new ones, leveraging modern infrastructure such as data lakes and flexible rating engines.
• You will primarily support physical distribution channels, including agents, brokers, and partnerships.
• Your work will follow a predefined Pricing Excellence Framework, allowing you significant scope, initially focused on private customer segments (Motor & Non‑Motor), as well as SME segments.
• You will be supported by a transformation team of pricing actuaries and data scientists, and as a senior team member, you’ll also coach and mentor junior colleagues.
• Implementation will be in partnership with local Business Unit pricing teams and regional pricing hubs, with an emphasis on empowering these teams to apply new methods.
• Close collaboration with Underwriting, Product Development, and Business Development will be an integral part of your work.
• You will lead research and development initiatives related to retail pricing excellence, creating “off‑the‑shelf” solutions that Business Units can tailor to their local markets.

What you bring

• Bachelor’s degree in mathematics, statistics, actuarial science, finance, or a related field.
• At least 3 years of experience in retail pricing within non‑life insurance.
• Solid understanding of state‑of‑the‑art retail pricing methods.
• Proficiency in WTW pricing software (Emblem, Radar) and hands‑on expertise in Radar Live implementation.
• Advanced Python programming skills are very desirable; proficiency with Databricks and SageMaker is considered an advantage.
• Highly organised, results‑oriented, and comfortable managing and leading multiple projects simultaneously.
• Strong project management skills, with experience in leading pricing implementation projects preferred.
• Ability to communicate complex topics clearly to non‑experts and maintain direction in the face of challenges.
• Excellent interpersonal and customer service skills, with fluency in written and spoken English; proficiency in additional languages is a plus.
• Capable of working independently and as part of a team, managing a variety of stakeholders across the organisation.
• Willingness to travel is required to support international business units, including on‑site collaboration.

Additional Information

We look forward to receiving your online application.

At our Quai Zurich Campus, our culture and our people are what set us apart. We thrive on face‑to‑face interactions that drive collaboration, nurture our unique culture, and amplify our success. Enjoy the best of both worlds with the flexibility to work up to two days remotely per week within Switzerland, allowing you to balance personal commitments while excelling in your career. Please discuss your flexibility needs with us during your interview.

Information for recruitment agencies

Zurich does not accept any applications from recruitment agencies for this position. We refuse any responsibility for unsolicited applications as well as any associated fees.

Why Zurich

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We are an equal opportunity employer who knows that each employee is unique – that’s what makes our team so great! Join us as we constantly explore new ways to protect our customers and the planet.

• Location(s): CH – Zürich, IE – Dublin, UK – London
• Remote working: No
• Schedule: Full Time
• Recruiter name: Grace Cunningham