Actuarial Pricing Specialist

2 weeks ago


London, Greater London, United Kingdom Vallum Associates Full time
About the Role

Vallum Associates is seeking a highly skilled Senior Pricing Actuary to join our team in London. As a key member of our Pricing function, you will play a critical role in driving business growth and profitability.

Key Responsibilities
  • Develop and implement end-to-end pricing strategies, including policy, tool suite, inflation studies, control processes, and roadmap, in collaboration with portfolio management, claims, and reserving teams.
  • Manage actuarial resources to support underwriting referrals workflow, ensuring timely delivery of standard and bespoke pricing models.
  • Provide leadership on deal pricing, rate, price adequacy, binder deep dives, and horizon scanning as required.
  • Challenge, review, and sign-off loss and pricing models, and defend the loss pick to senior management and capital providers as needed.
  • Oversee and enhance exposure management processes to ensure catastrophe risk is understood, managed in line with agreed risk appetite, and reflected in decision-making.
  • Direct account performance and market conditions monitoring, sharing insights to drive continuous improvement.
  • Explore novel data sources, alternative analytical tools, and techniques to further innovate on internal approaches.
Requirements
  • Strong stakeholder management and ability to build productive relationships with various stakeholders.
  • Solid understanding of case pricing/deal pricing.
  • Excellent knowledge of London Market insurance.
  • Qualified member of the Institute of Actuaries or equivalent.
  • Experience in and comfortable using programming languages such as SQL, Python, and VBA.
  • Excellent communication skills to represent Pricing to a range of stakeholders both internally and externally.


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