Actuarial Pricing Leader
4 weeks ago
Senior Pricing Actuary - Pricing - London - Hybrid - Paying up to £110,000
Vallum Associates is seeking an experienced Senior Pricing Actuary to join our team in London. This is a hybrid role that offers the opportunity to work from our office or remotely.
Key Responsibilities
- Actuarial Resourcing: Manage the allocation of actuarial resources to support the underwriting referrals workflow, ensuring timely delivery of standard and bespoke pricing models.
- Deal Pricing: Contribute to the development of pricing strategies, rate adequacy assessments, and binder deep dives as required.
- Pricing Models: Review and sign-off loss and pricing models, defending them to senior management and capital providers as needed.
- Exposure Management: Oversee the exposure management process to ensure catastrophe risk is understood, managed in line with agreed risk appetite, and reflected in decision-making.
- Account Performance: Direct account performance and market conditions monitoring, sharing insights to drive continuous improvement.
- Novel Data Sources: Explore new data sources, alternative analytical tools, and techniques to further innovate on internal approaches.
Requirements
- Nearly or newly qualified actuary.
- Strong experience across the Lloyd's/London Market insurance.
- Experience across Property, Casualty, Energy, and commercial lines of business is highly desirable.
- Solid understanding of case pricing/deal pricing.
- Experience in and comfortable using programming languages such as SQL, Python, and VBA.
- Strong stakeholder management and the ability to build productive relationships with various stakeholders.
- Excellent communication skills to represent Pricing to a range of stakeholders both internally and externally.
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