Actuarial Pricing Specialist
4 weeks ago
Job Title: Senior Pricing Actuary
About the Role:
Vallum Associates is seeking a Senior Pricing Actuary to join our team in London. As a key member of our Pricing department, you will be responsible for managing actuarial resourcing, contributing to deal pricing, and providing challenge and review of loss and pricing models.
Key Responsibilities:
- Manage actuarial resourcing to support the underwriting referrals workflow, ensuring timely delivery of standard and bespoke pricing models.
- Contribute to deal pricing, rate, price adequacy, binder deep dives, and horizon scanning as required.
- Provide challenge, review, and sign-off of loss and pricing models and defend the loss pick to senior management and capital providers as required.
- Oversee and enhance the exposure management process to ensure catastrophe risk is understood, managed in line with agreed risk appetite, and reflected in decision making.
- Direct account performance and market conditions monitoring, sharing insights to drive continuous improvement.
- Explore novel data sources, alternative analytical tools, and techniques to further innovate on internal approaches.
Requirements:
- Nearly/Newly qualified.
- Strong experience across the Lloyd's/London Market insurance.
- Experience across Property, Casualty, Energy, and commercial lines of business is a strong 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 a variety of stakeholders.
- Excellent communication skills to represent Pricing to a range of stakeholders both internally and externally.
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