Pricing Actuary, Property

4 weeks ago

London, United Kingdom Munich Re Full time
At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we're committed to building a strong and inclusive culture where everyone is welcomed and valued for their "own expression of self-identity".

About us

MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.

As well as operating in the Lloyd's of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.

Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable people and businesses to thrive.

Property Pricing Actuary

We are looking to employ an Property Pricing Actuary to be based in London, Manchester or Birmingham and to work with us on a Full Time basis.

This position will provision of actuarial pricing support to MRSL.

The Role

  • Assist the Property Pricing Manager in providing effective, efficient and reliable Pricing support to the underwriting division, ensuring all pricing related regulations and requirements are adhered to, to assist the business in achieving a profitable and successful operating model
  • Support pricing team in achieving the high standards as indicated within the Lloyd's oversight framework, including technical rating of all risks and regular monitoring of Delegated underwriting contracts
  • Support and mentor more junior team members, including review of their work
  • Work independently on individual pricing assessments of large or unique risks, or monitoring of Delegated underwriting contracts, including clear communication of results to the underwriters
  • Build, review, maintain and enhance pricing models, striving to achieve the optimum balance between rating integrity and market suitability while considering data availability and user capabilities
  • Assist in development work - for example to streamline operational processes relating to data management
  • Support for syndicate business planning process
  • New business initiative analyses and independent reviews
  • Ensure all advice offered is in line with TAS requirements
  • Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.


What we are looking for

  • 4+ years of pricing experience in the London Market
  • Knowledge and understanding of FCA regulations and Lloyd's standards
  • Knowledge and understanding of the underlying principles of insurance and reinsurance
  • Highly developed mathematical / statistical knowledge
  • Detailed knowledge of actuarial methods and techniques, and the ability to apply them in practice, making reasoned judgements within a business environment
  • Current Lloyd's market knowledge
  • Knowledge and understanding of the dynamics and rating considerations for Property.
  • Experience with mentoring junior members of an actuarial team.
  • Willingness to continue to develop knowledge of any pricing related matters.


Qualifications

  • University degree in Mathematics, Actuarial Science, Statistics, Economics or similar discipline.
  • Qualification as a fellow of the Institute and Faculty of Actuaries or equivalent international body and / or relevant work experience (4+ years) in a dedicated actuarial role.


Your career with us

At MRSG, you'll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more

Diversity & Inclusion

Creating an inclusive environment is a crucial part of the Munich Re culture, and we are committed to our Diversity & Inclusion Policy. We also seek to provide a fair and supportive work environment which provides learning and development opportunities for all.

Working together, we are an employer of choice by building the workforce for today and the future. We make it happen. Together.

Push Boundaries. With us. | Munich Re

  • Pricing Actuary

    3 days ago

    London, United Kingdom The Actuary Full time €110,000

    Pricing Actuary - Property Treaty  Up to £110,000 + Bonus  We have a new role with a well-respected re-insurer in London (and Bermuda). This is focused on reinsurance pricing for property and reports into the Head of Pricing. You be working directly with UWs and other stakeholders on a daily basis and be given a lot of autonomy to take things and run...

  • Property Actuary

    3 days ago

    London, United Kingdom The Actuary Full time €110,000

    Pricing Actuary - Property Treaty  Up to £110,000 + Bonus  We have a new role with a well-respected re-insurer in London (and Bermuda). This is focused on reinsurance pricing for property and reports into the Head of Pricing. You be working directly with UWs and other stakeholders on a daily basis and be given a lot of autonomy to take things and run...

  • Property Pricing Actuary

    2 weeks ago

    London, United Kingdom The Actuary Full time

    A leading specialty insurer is looking to hire a Property Pricing Actuary to join the team in London. In this role you will be focused on property as a line of business and you will therefore develop a deep knowledge in this area, becoming a real SME. This role will have responsibilities which include case pricing, building and maintaining pricing models,...

  • Property Pricing Actuary

    13 hours ago

    London, United Kingdom The Actuary Full time

    A leading specialty insurer is looking to hire a Property Pricing Actuary to join the team in London. In this role you will be focused on property as a line of business and you will therefore develop a deep knowledge in this area, becoming a real SME. This role will have responsibilities which include case pricing, building and maintaining pricing models,...

  • Property Actuary

    2 weeks ago

    London, United Kingdom The Actuary Full time

    A leading specialty insurer is looking to hire a Property Pricing Actuary to join the team in London. In this role you will be focused on property as a line of business and you will therefore develop a deep knowledge in this area, becoming a real SME. This role will have responsibilities which include case pricing, building and maintaining pricing models,...

  • Property Actuary

    13 hours ago

    London, United Kingdom The Actuary Full time

    A leading specialty insurer is looking to hire a Property Pricing Actuary to join the team in London. In this role you will be focused on property as a line of business and you will therefore develop a deep knowledge in this area, becoming a real SME. This role will have responsibilities which include case pricing, building and maintaining pricing models,...

  • Reinsurance Pricing Actuary

    1 month ago

    London, United Kingdom The Actuary Full time

    Reinsurance Pricing Actuary sought for a global Re-Insurer on a permanent basis. Our client is seeking a Part Qualified Actuary to join their high-performing Pricing team. This is a fantastic opportunity for an ambitious Part Qualified Actuary to join a high-performing Pricing team as an Reinsurance Pricing Actuary in a varied role with great career...

  • Pricing Actuary, Property

    4 weeks ago

    London, United Kingdom Munich Re Syndicate Full time

    Pricing Actuary, Property **Company** Munich Re Syndicate **Location** London, United Kingdom At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to...

  • Pricing Actuary, Property

    4 weeks ago

    London, Greater London, United Kingdom Munich Re Full time

    Pricing Actuary, Property Company Munich Re Syndicate Location London , United KingdomAt Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to...

  • Pricing Actuary, Property

    4 weeks ago

    London, United Kingdom Munich Re Full time

    Pricing Actuary, Property Company Munich Re Syndicate Location London , United KingdomAt Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to...

  • Pricing Actuary, Property

    4 weeks ago

    London, United Kingdom Munich Re Full time

    MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance. As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including...

  • Pricing Actuary, Property

    11 hours ago

    London, United Kingdom Munich Re Full time

    MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance. As well as operating in the Lloyd’s of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including...

  • Pricing Actuary, Property

    4 weeks ago

    London, Greater London, United Kingdom Munich Re Full time

    At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be...

  • Actuarial Pricing Analyst

    13 hours ago

    London, United Kingdom The Actuary Full time

    We have partnered with a unique, actuary led syndicate to find them a Senior Actuarial Pricing Analyst to join their growing business. They are looking for someone to support the pricing team in the development and deployment of pricing tools by working closely with Actuaries and underwriters. This role includes but not limited to: - Collaborate with group...

  • Actuarial Pricing Analyst

    4 days ago

    London, United Kingdom The Actuary Full time

    We have partnered with a unique, actuary led syndicate to find them a Senior Actuarial Pricing Analyst to join their growing business. They are looking for someone to support the pricing team in the development and deployment of pricing tools by working closely with Actuaries and underwriters. This role includes but not limited to: - Collaborate with group...

  • Pricing Actuary

    2 days ago

    London, United Kingdom Arthur Full time €110,000

    Pricing Actuary - Property Treaty Up to £110,000 + Bonus We have a new role with a well-respected re-insurerin London (and Bermuda). This is focused on reinsurance pricing for property and reports into the Head of Pricing. You be working directly with UWs and other stakeholders on a daily basis and be given a lot of autonomy to take things and run with...

  • Actuarial - Pricing Analyst

    2 weeks ago

    London, United Kingdom The Actuary Full time

    We have partnered with leading London Market Re/Insurer to find them a pricing analyst to join their growing Actuarial Analytics team. The successful candidate will support the pricing team in the development and deployment of pricing tools by working closely with Actuaries and underwriters. Collaborate with group functions to ensure efficient deployment of...

  • Pricing Actuary, Property

    4 weeks ago

    London, United Kingdom Munich Re Syndicate Full time

    The Role Assist the Property Pricing Manager in providing effective, efficient and reliable Pricing support to the underwriting division, ensuring all pricing related regulations and requirements are adhered to, to assist the business in achieving a profitable and successful operating model Support pricing team in achieving the high standards as...

  • Liability Pricing Actuary

    13 hours ago

    London, United Kingdom The Actuary Full time

    An insurer is looking to hire a Nearly or Newly Qualified Actuary to join their team as a Pricing Actuary to focus on liability lines of business. This is an excellent role for someone who is keen to get involved in case pricing and who wants to interact with underwriters. This is a global team and they need someone who can collaborate and take ownership...

  • Liability Pricing Actuary

    6 days ago

    London, United Kingdom The Actuary Full time

    An insurer is looking to hire a Nearly or Newly Qualified Actuary to join their team as a Pricing Actuary to focus on liability lines of business. This is an excellent role for someone who is keen to get involved in case pricing and who wants to interact with underwriters. This is a global team and they need someone who can collaborate and take ownership...