Casualty Pricing Actuary

2 weeks ago


London, United Kingdom The Emerald Group Full time

The casualty pricing actuary will work closely with the head of pricing to develop pricing models and processes, directly supporting the GL and Cyber underwriting teams, gaining first-hand insight to all stages of the pricing process.

  • Location: London
  • Category: Non-Life
  • Type: Permanent

Key duties (including, but not limited to):

  • Developing best-in-class pricing models for the General Liability and Cyber teams
  • Pricing and assessing profitability of large and complex accounts, as referred by underwriters
  • Updating pricing models to meet underwriter’s changing needs and evolving market conditions
  • Preparing class of business portfolio MI, exhibits and dashboards
  • Building consistent and scalable pricing processes to improve efficiency and robustness
  • Ensuring the development, monitoring and optimisation of pricing models and methodologies
  • Using research methods and external datasets to provide new underwriting insights and develop innovate pricing approaches
  • Fostering strong relationships with internal and external stakeholders
  • Degree in numerate subject (e.g. mathematics, engineering, economics)
  • Nearly or newly qualified Actuary
  • 3-5 years’ experience in a similar role
  • Pricing experience with Lloyd’s syndicate, London Market insurer or broker
  • Experience working directly with underwriters on account pricing and portfolio analysis
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