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Pricing Actuary

2 months ago

London, United Kingdom Spencer Scott - Technology Recruitment Full time

A London based Insurance Company is looking for an experienced Pricing Actuary, with essential experience in the London Market (including case pricing). The successful Pricing Actuary will join the Company's general insurance practice within the wider UK Insurance Consulting and Technology line of business to help develop their pricing advisory capability and work with some of the market’s top thought leaders designing and implementing cutting-edge solutions to pricing and underwriting challenges faced by the world’s leading commercial insurers.


This Pricing Actuary role will offer;


  • Base Salary up to £100,000 (dependant on experience)
  • Performance Related Discretionary Bonus
  • Holiday: 28 days core annual leave, and you can buy up to 5 days
  • 14% Company Pension
  • Private Medical: cover for yourself. Family members/dependants can be added
  • Flex Fund: £1,000 (prorated based on start date) to spend on flexible benefits
  • 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 Scheme | Season Ticket Loan | Green Car Scheme


As the new Pricing Actuary you will:

  • Lead a project team to deliver client projects
  • Optimising client London Market pricing strategies and approaches
  • Deliver pricing and underwriting capability reviews and pricing transformation engagements
  • Help to build effective London Market pricing models, tools and processes
  • Design sophisticated MI and portfolio management capabilities
  • Leverage your market knowledge in developing cutting edge solutions for London Market pricing in collaboration with various teams from across the business


We’re looking for the following experience;

  • Relevant demonstrable experience in a Commercial Lines pricing or portfolio management role in a London Market insurance firm or consultancy advising London Market clients on pricing and underwriting, may be a nearly or newly qualified actuary (FIA/FFA or equivalent)
  • Prior experience of building exposure, experience and stochastic models including fluency of using first loss curves and increased limit factors.
  • Exposure to machine learning or big data techniques beneficial
  • Solid experience with data manipulation packages (SAS, SQL, WPS, etc.)


For full details please press the APPLY button and a member of our team will be in contact with you to discuss the opportunity.


Spencer Scott Ltd is an equal opportunity Recruitment Agency, which means we do not discriminate on the basis of race, colour, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression. We celebrate diversity and are committed to create inclusive working environments for all our clients.