Senior Pricing Analyst

Chaucer Syndicates Ltd; London; On-site; GBP 100,000 - 160,000; Full time

Job summary

An established industry player is seeking a Senior Pricing Analyst to provide actuarial pricing support for their Casualty portfolio. This exciting role involves client-facing responsibilities, including broker negotiations and developing new pricing capabilities. The successful candidate will possess strong technical pricing skills, excellent communication abilities, and a keen commercial awareness to effectively support clients and brokers. Join a dynamic team in London and contribute to innovative pricing strategies that shape the future of insurance. If you're ready to make an impact in a collaborative environment, this opportunity is perfect for you.

Qualifications

• Strong technical pricing skills and commercial awareness.
• Attention to detail and self-motivated with strong communication skills.
• Ability to collaborate and share knowledge with the team.

Responsibilities

• Develop understanding of Casualty classes and underwriting strategies.
• Support broker negotiations and provide account pricing.
• Monitor portfolios and contribute ideas for new MI.

Skills

General insurance pricing experience

Strong IT skills (Excel, VBA)

R or Python

SQL

Experience in building dashboards in PowerBI

Education

2.1 or 1st degree in Maths or related subject

3 or more strong ‘A’ levels including Maths

Progress towards FIA qualification

Tools

Excel

VBA

PowerBI

Job description

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Job Summary

The Senior Pricing Analyst will provide actuarial pricing support primarily for Chaucer’s Casualty portfolio, focusing on account pricing, benchmark rate reviews, and portfolio analyses. The role involves being client-facing, supporting broker negotiations, insured pricing, and developing new pricing capabilities. Additional support will be provided for other classes such as Political Risk and Credit within the insurance, reinsurance, and Partnership / Innovation divisions.

The successful candidate should possess strong technical pricing skills, excellent communication skills, and commercial awareness to effectively support brokers and clients.

The position is based in London within the Actuarial pricing team, working directly with the underwriting team under the guidance of the Insurance Pricing Manager.

Main duties

1. Develop a deep understanding of Casualty classes, trends, and underwriting strategies.
2. Support account pricing and broker negotiations.
3. Monitor portfolios regularly.
4. Contribute ideas for new management information (MI).
5. Perform model recalibration reviews.
6. Assist in collecting and maintaining pricing data.
7. Stay updated on industry initiatives and develop new pricing and visualization techniques.
8. Collaborate and share knowledge with the wider actuarial team.
9. Support other team activities as needed.

Requirements

Essential

• Experience in general insurance pricing.
• Strong IT skills, including Excel and VBA.
• Degree in Maths or a related field (Physics, Engineering, Statistics) with a 2.1 or 1st class.
• Progress towards FIA qualification or equivalent.
• Attention to detail, self-motivation, organization, and team collaboration skills.

Desirable

• Experience in delegated business pricing.
• Model development experience.
• Knowledge of R, Python, SQL, and dashboard creation in PowerBI.
• Strong academic background with 3 or more A-levels including Maths.

About Us

Chaucer is a leading Lloyd’s insurance group, supporting industries worldwide. We value diversity and promote an inclusive workplace, recruiting talent based on merit. We support flexible working arrangements and are committed to Dignity and Respect in employment.

Additional Information

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Marketing and Sales
• Industry: Insurance