Senior Pricing Actuary UK Role

2 weeks ago


London, Greater London, United Kingdom Oliver James Full time

Oliver James is a leading global reinsurance and insurance organisation seeking a Senior Pricing Actuary to join our Life Pricing team. As a key member of our team, you will play a critical role in shaping our pricing strategy and driving business growth in the life and health sector.

Responsibilities:
  • Pricing Strategy: Develop and implement pricing strategies for new and existing opportunities, focusing on specific life and critical illness product lines.
  • Deal Modelling & Execution: Conduct thorough analysis and modelling to inform pricing decisions, including data analysis, mortality and morbidity studies, demographic analysis, and cash-flow projections.
  • Technical Documentation: Prepare high-quality technical documents to support commercial leads, including pricing reports, memos, client offer letters, and negotiation assistance.
  • Research & Development: Contribute to the development, maintenance, and improvement of pricing benchmarks, methodologies, and tools.
  • Portfolio Analysis: Collaborate with in-force management and valuation teams to monitor and enhance the performance of our existing portfolio.
  • Client Engagement: Foster strong relationships with clients through regular meetings and tailored solutions.
Requirements:
  • Actuarial qualifications with membership in a recognised professional body.
  • At least 5 years of experience in reinsurance or insurance, with a focus on relevant product lines.
  • Strong analytical and problem-solving skills.
  • Self-motivation and ability to manage multiple priorities effectively.
  • Proficiency in statistical software (e.g., R) and MS Office suite.
  • Experience with actuarial modelling tools (e.g., AXIS, Risk Agility, Prophet) is an advantage.

The estimated salary for this position is £100,000 - £160,000 per annum, depending on experience.



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