Senior Pricing Actuarial Analyst

3 weeks ago


London, Greater London, United Kingdom MS Amlin Ltd Full time
Senior Pricing Actuarial Analyst

Location: London

Contract Type: Permanent

Work Pattern: Full Time and Hybrid

About The Job

If you love and understand financial risk - Assessing it. Evaluating it. Managing it. Advising on it. - You'll fit right in.

The purpose of this role is to join our Pricing Actuaries in meeting the analytical and pricing support required by the MS Amlin Insurance Division.

The Senior Pricing Analyst role will be part of a team of sixteen (and a wider Technical Pricing team of twenty four people), providing coverage for Insurance businesses across Casualty, Crisis Management, Marine, Natural Resources and Property.

What you'll spend your time doing:

While there is rarely a 'typical' day as a Senior Pricing Analyst, here's a snapshot of some of the key parts of the job:
  • Develop a strong working relationship with the other members of the Technical Pricing team, Underwriters, and teams under the Chief Actuary;
  • Developing members of the Insurance Pricing team within Technical Pricing;
  • Lead the development and deployment of pricing models into our pricing platforms and ensure that models comply with the Technical Pricing Framework ("TPF") and Pricing Policy;
  • Analyse external and internal data to build and validate technical pricing models;
  • Be the primary support to underwriters in actuarial & technical issues, including case pricing, renewal monitoring, Expected Loss Cost calculations and business planning, challenging where appropriate;
  • Support the business and underwriters on other actuarial related matters such as reserving and Internal Model parameterisation;
  • Work with management to monitor and improve the performance of the business, for example in the Pricing Portfolio Reviews giving an independent opinion on the quality of the risks written so as to directly improve the bottom line;
  • Maintain and develop management information available for analysis and reporting;
  • Liaise with other functions within the company such as Exposure Management, Portfolio Management and our IT colleagues in Pricing Modelling Development when required;
  • Continue to develop professionally.
You're going to enjoy this job if you also...
  • Enjoy developing high talent in an Actuarial team
  • Have an exceptional eye for detail
  • Are a strong problem solver
  • Can explain complex data in simple terms
  • Enjoy working with other actuaries, underwriters and model developers.
What you'll need:

For this particular role there are some important qualifications and experience we need you to have. These include:
  • Experience in Insurance Actuarial employment, having completed a number of cycles and so have a clear understanding of what good and great practice looks like.
  • Have a real skill and affinity for working with numbers, being in a role involving statistical analysis, or working towards an actuarial or similar qualification.
  • Excellent communication skills (both oral and written) including capacity to manage dialogue with senior stakeholders in the business.
  • Effective time management skills and the ability to work well under pressure.
  • Advantageous skills:
  • Previous pricing experience in the London market.
  • A talent to think laterally in order to develop solutions to support the continued improvement of services by the Technical Pricing team.
  • Progressing as a member of the Institute & Faculty of Actuaries, a qualified member or similar.
  • Experience of and comfortable using programming languages such as but not limited to SQL, Python, R and VBA.
  • Experience interpreting CAT modelling outputs
  • Ability to take ownership of a project and deliver outcomes aligned with the team plan
Advantageous skills:
  • A talent to think laterally in order to develop solutions to support the continued improvement of services by the Technical Pricing team.
  • Progressing as a member of the Institute & Faculty of Actuaries, a qualified member or similar.
  • Experience of and comfortable using programming languages such as SQL, Python and VBA.
  • A grounding in a numerical subject, such as an undergraduate degree in Mathematics.
We are stronger together because of our common interests and rich differences. You may be the strength we didn't know we needed. Believe in yourself, and click apply today

What you can expect from us:
  • A flexible working environment, established long before COVID19 with hybrid and agile working part of our core practices.
  • A great team and supportive colleagues with a broad spectrum of experience and backgrounds.
  • A strong focus on diversity, inclusion and equal opportunities as demonstrated by team representation on MS Amlin's Inclusion Advisory Board.
  • An open mind (especially to new ideas and ways of doing things)
  • A programme of wellbeing and mental health support
  • Continuous learning
  • Structured career development
Benefits/ Package:
  • Competitive Base Salary
  • Performance Related Discretionary Bonus
  • Holiday: 28 days core annual leave, and you can buy up to 5 days
  • Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
  • Private Medical: cover for yourself. Family members/dependants can be added.
  • Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
  • Life Assurance: 10 x annualised base salary
  • Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
  • Continuous Learning Approach: Including study support with professional qualifications.
  • Employer Supported Volunteering: 3 days volunteering leave.
  • Annual health screening
  • Give as you earn
  • Cycle to work
  • Season ticket loan
  • Green car scheme
  • Retail discount platform
About MS Amlin

MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd's, Continental European, US and Bermudian global (re)insurance markets.

This role is in our Lloyd's business

Our Lloyd's business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London's (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd's Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.

  • London, Greater London, United Kingdom Ageas Insurance Limited Full time

    Senior Technical Pricing Analyst: We are excited to announce a vacancy within Ageas's Underwriting division, specifically in the Technical Pricing team. This team is dedicated to conducting specialized actuarial and statistical evaluations of underwriting effectiveness across our insurance offerings, which include Private Car, Van, Bike, and Household...


  • London, Greater London, United Kingdom Pioneer Search Ltd Full time

    Job Title: Actuarial - Pricing AnalystJob Summary:Pioneer Search Ltd is seeking a skilled Actuarial - Pricing Analyst to join our team. As a Pricing Analyst, you will play a crucial role in developing and implementing pricing strategies for commercial lines of business.Key Responsibilities:Conduct research and propose new pricing techniques to improve...


  • London, Greater London, United Kingdom Pioneer Search Ltd Full time

    Job Title: Actuarial - Pricing AnalystJob Summary:Pioneer Search Ltd is seeking a skilled Actuarial - Pricing Analyst to join our team. As a Pricing Analyst, you will play a crucial role in developing and implementing pricing strategies for commercial lines of business.Key Responsibilities:Conduct research and propose new pricing techniques to improve...

  • Actuarial Analyst

    2 days ago


    London, Greater London, United Kingdom Finitas Full time

    About the Role**Actuarial Analyst - Lloyd's Syndicate**Finitas is seeking an experienced Actuarial Analyst to join our Lloyd's Syndicate team in a Pricing Function role. As an Actuarial Analyst, you will be responsible for working closely with the Underwriting teams to develop and maintain pricing tools, ensuring efficient pricing processes across multiple...


  • London, Greater London, United Kingdom Sellick Partnership Full time

    Job SummarySellick Partnership is seeking a highly skilled Senior Pricing Analyst to join their Technical Pricing team. As a key member of the team, you will play a crucial role in supporting projects, assisting in data preparation, performing, and reviewing actuarial modelling and interpreting results that drive high-impact and intelligent pricing...

  • Pricing Analyst

    3 days ago


    London, Greater London, United Kingdom Eames Consulting Full time £75,000

    About the RoleWe are seeking an experienced Actuarial Pricing Analyst to join our team at Eames Consulting. As an Actuarial Pricing Analyst, you will play a key role in supporting our clients in the London Market.Key ResponsibilitiesProvide actuarial pricing expertise to support business growth and profitability.Develop and maintain pricing models and tools...


  • London, Greater London, United Kingdom Eames Consulting Full time

    Senior Pricing Analyst or Pricing ActuaryA leading insurance company is seeking a highly skilled Senior Pricing Analyst or Pricing Actuary to join their team, focusing on either property or cyber.Conduct thorough risk assessments of various exposuresDevelop and implement business planning processes to drive growthMonitor and optimize pricing systems and...


  • London, Greater London, United Kingdom Eames Consulting Full time

    Senior Pricing Analyst or Pricing ActuaryA leading insurance company is seeking a highly skilled Senior Pricing Analyst or Pricing Actuary to join their team, focusing on either property or cyber.Conduct thorough risk assessments of various exposuresDevelop and implement business planning processes to drive growthMonitor and optimize pricing systems and...


  • London, Greater London, United Kingdom Acord (association For Cooperative Operations Research And Development) Full time

    This role involves providing expert analytical support to brokers and clients within the cyber actuarial team at Acord. Key responsibilities include:Collaborating with cross-functional teams to develop and implement pricing models for cyber exposures.Working with large data sets to identify trends and optimize pricing strategies.Designing and implementing...


  • London, Greater London, United Kingdom Acord (association For Cooperative Operations Research And Development) Full time

    This role involves providing expert analytical support to brokers and clients within the cyber actuarial team at Acord. Key responsibilities include:Collaborating with cross-functional teams to develop and implement pricing models for cyber exposures.Working with large data sets to identify trends and optimize pricing strategies.Designing and implementing...


  • London, Greater London, United Kingdom Acord (association For Cooperative Operations Research And Development) Full time

    This role involves providing expert analytical support to brokers and clients within the cyber actuarial team at Acord. Key responsibilities include:Collaborating with cross-functional teams to develop and implement pricing models for cyber exposures.Working with large data sets to identify trends and optimize pricing strategies.Designing and implementing...


  • London, Greater London, United Kingdom Acord (association For Cooperative Operations Research And Development) Full time

    This role involves providing expert analytical support to brokers and clients within the cyber actuarial team at Acord. Key responsibilities include:Collaborating with cross-functional teams to develop and implement pricing models for cyber exposures.Working with large data sets to identify trends and optimize pricing strategies.Designing and implementing...


  • London, Greater London, United Kingdom Everest Insurance Full time

    Title:Pricing Actuarial AnalystCompany:Everest Advisors (Uk), Ltd.Job Category:AnalyticsJob Description:About Everest:Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions....


  • London, Greater London, United Kingdom HFG Insurance Recruitment Full time

    We are partnering with a leading global reinsurer to find a Senior Reinsurance Treaty Pricing Actuary. This is a great opportunity to have ownership and exposure to a large and growing book of business, with over 1 billion GWP currently and aiming for over 1.5 billion at the end of the year.**Key Responsibilities:**Lead a team of 6, including a direct report...


  • London, Greater London, United Kingdom HFG Insurance Recruitment Full time

    We are partnering with a leading global reinsurer to find a Senior Reinsurance Treaty Pricing Actuary. This is a great opportunity to have ownership and exposure to a large and growing book of business, with over 1 billion GWP currently and aiming for over 1.5 billion at the end of the year.**Key Responsibilities:**Lead a team of 6, including a direct report...


  • London, Greater London, United Kingdom Eames Consulting Full time

    About the RoleWe are seeking an experienced Actuarial Pricing Analyst to join our team at Eames Consulting. As an Actuarial Pricing Analyst, you will play a key role in supporting our clients in the London Market.Key ResponsibilitiesDevelop and maintain pricing models for our clientsCollaborate with our team to analyze data and identify trendsProvide expert...


  • London, Greater London, United Kingdom Eames Consulting Full time

    About Eames ConsultingWe are a leading consulting firm specializing in actuarial services, and we are currently seeking an experienced Actuarial Pricing Analyst to join our team.Job SummaryWe are looking for a highly skilled Actuarial Pricing Analyst to join our team in London. The successful candidate will have a strong background in actuarial pricing, with...


  • London, Greater London, United Kingdom Eames Consulting Full time

    About Eames ConsultingWe are a leading consulting firm specializing in actuarial services, and we are currently seeking an experienced Actuarial Pricing Analyst to join our team.Job SummaryWe are looking for a highly skilled Actuarial Pricing Analyst to join our team in London. The successful candidate will have a strong background in actuarial pricing, with...


  • London, Greater London, United Kingdom HFG Insurance Recruitment Full time

    We are partnering with a leading global reinsurer to find a Senior Reinsurance Treaty Pricing Actuary. This is a great opportunity to have ownership and exposure to a large and growing book of business, with over 1 billion GWP currently and aiming for over 1.5 billion at the end of the year.The role is broad and covers all P&C Specialty classes, as well as...


  • London, Greater London, United Kingdom Eames Consulting Full time

    About the RoleEames Consulting is seeking an experienced Actuarial Pricing Analyst to join our team. As an Actuarial Pricing Analyst, you will play a key role in analyzing and pricing insurance policies.Key ResponsibilitiesDevelop and maintain pricing models for insurance productsAnalyze data to identify trends and opportunities for improvementCollaborate...