Insurance Pricing Expert

3 weeks ago


London, Greater London, United Kingdom Goodman Masson Full time
Senior Pricing Actuary

We are seeking a highly skilled Senior Pricing Actuary to join our team in Goodman Masson, with a primary focus on UK and Irish Term Life and Critical Illness product lines.

The successful candidate will have 5-10 years of post-qualification experience (PQE) as a Qualified Actuary and significant experience in pricing within the reinsurance sector, particularly within relevant product lines.

Key Responsibilities:
  • Engage actively in the tender process for new and existing opportunities, conducting comprehensive modelling and pricing for protection deals from initial assessment to execution and transition to the in-force management team.
  • Prepare technical documentation and provide essential support to the commercial deal lead, including drafting pricing reports, sign-off memos, client offer letters, and assisting with negotiations.
  • Drive research, development, and refinement of EMELA's pricing benchmarks, methodologies, and tools to maintain a competitive edge.
  • Collaborate with In-force Management and Valuation teams to monitor and analyze the in-force portfolio.
  • Attend client meetings, contributing to the development and enhancement of client propositions.
Required Skills and Qualifications:
  • Qualified Actuary with 5-10 years post-qualification experience (PQE).
  • Significant experience in pricing within the (re)insurance sector, particularly within relevant product lines.
  • Proficiency in statistical software (e.g., R) and the Microsoft Office suite.
  • Experience with a relevant modelling software (e.g., AXIS, Risk Agility, Prophet) is advantageous.
  • Solid knowledge of Life Insurance and Critical Illness product lines is beneficial.
Estimated Salary Range:

£60,000 - £90,000 per annum, depending on experience.

In addition to a competitive salary, we offer a range of benefits, including a generous pension scheme, life insurance, and 25 days' annual leave.



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