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Pricing Actuary

3 months ago

London, Greater London, United Kingdom Canopius Full time
  • Location: London, Greater London, United Kingdom
  • Earnings: Competitive
The Role

This is an opportunity to join a market-leading actuarial pricing team at a major global specialty (re)insurer, giving exposure to a wide range of products and pricing techniques.

From day one you will develop sophisticated pricing models and collaborate with specialist underwriters to assess multimillion-dollar deals.

You must be commercially minded, have a very strong technical background and be able to communicate complex concepts to non-technical audiences clearly and succinctly. You will enjoy working in a supportive but fast-paced environment which values and acts upon actuarial insights.

The role will involve taking ownership of the pricing of specific classes of business, tbc depending on preference and experience. Management and development of junior members of the team will be expected in due course.

Responsibilities will include:
  • Ownership of the pricing of specific classes. This will involve fully understanding the dynamics of the class, how it is rated and every element of how the pricing model works.
  • Propose enhancements to the pricing model/rating structure based on independent research and discussions with the wider team.
  • Be a point of contact for underwriters on technical pricing matters.
  • Work with other actuaries and underwriters on the pricing of large accounts across the Canopius portfolio.
  • Contribute to the development of our new pricing platform in Python.
  • Manage and develop junior members of the team in due course.
Skills and experience:
  • Very strong knowledge of specialty (re)insurance pricing techniques.
  • A commercial mindset.
  • Ability to explain complex concepts in a clear and succinct manner.
  • Familiarity with Broker Portfolio Solutions and/or Downstream Energy is desirable.
  • Familiarity with Python
Our benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.