Pricing Actuary

4 weeks ago


London, Greater London, United Kingdom The Travelers Companies, Inc. Full time
Role Summary

The Travelers Companies, Inc. is seeking an experienced Actuarial and Analytics Manager to join our team in Exposure-Based Pricing Model Development. As an Actuarial and Analytics Manager, you will be responsible for maintaining and developing pricing algorithms for Travelers Europe.

Key Responsibilities:

• Maintain and develop pricing algorithms for Travelers Europe
• Liaise with underwriters to support use of pricing models
• Run processes for batch rating portfolios of business in Python
• Expand batch rater (and associated standard pricing dataset) to work for more products across Travelers Europe
• Run processes for calibrating base rates
• Prepare data and analysis for actuarial rating validation exercises for specific products
• Contribute to analysis of pricing model data
• Assist with other roles (e.g. case pricing, business planning, reinsurance purchase) carried out by the Travelers Europe pricing team.

Required Qualifications:

• University degree in STEM related field
• Programming skills in R/Python or similar
• Strong understanding of insurance products and industry
• Demonstrable ability in actuarial and quantitative analysis and statistical concepts
• Associate Actuarial Credential preferred.

What We Offer

At The Travelers Companies, Inc., we offer a comprehensive benefits package, including private medical insurance, retirement plans, holiday entitlement, wellness programme, and volunteer encouragement. We value diversity and inclusion, and are an equal opportunity employer.

How to Apply

Interested candidates should submit their application through our website.
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