Actuarial Pricing Leader

4 weeks ago


London, Greater London, United Kingdom Vallum Associates Full time

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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