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Pricing Actuarial Consultant

2 months ago

London, Greater London, United Kingdom Spencer Scott - Technology Recruitment Full time £120,000

About the Role:

We are seeking an experienced Actuarial Pricing Specialist to join our team at Spencer Scott - Technology Recruitment. As a Pricing Actuarial Consultant, you will play a key role in developing and implementing cutting-edge pricing solutions for our clients in the London Market.

Key Responsibilities:

  • Design and implement pricing models and strategies for commercial lines insurance products
  • Collaborate with cross-functional teams to develop and maintain pricing advisory capabilities
  • Develop and maintain exposure, experience, and stochastic models for pricing and underwriting
  • Advocate for the value of data enrichment in commercial lines pricing and underwriting
  • Stay up-to-date with industry trends and developments in pricing and underwriting

Requirements:

  • Relevant experience in a Commercial Lines pricing or portfolio management role in a London Market insurance firm or consultancy
  • Prior experience of building exposure, experience, and stochastic models, including fluency in using first loss curves and increased limit factors
  • Strong analytical and creative skills
  • Experience with data manipulation packages (SAS, SQL, WPS, etc.)
  • Experience or interest in selling projects to insurance/financial institutions

What We Offer:

  • 15% bonus
  • Strong annual leave
  • 14% pension
  • Private medical cover
  • Hybrid working arrangement with 2 days a week on-site in our London office

About Us:

Spencer Scott - Technology Recruitment is an equal opportunity Recruitment Agency, committed to creating inclusive working environments for all our clients. We celebrate diversity and 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.