Pricing Actuary Leader

1 week ago


London, Greater London, United Kingdom Oliver James Full time
About the Position:

We are looking for a talented Senior Pricing Actuary to join our team at Oliver James. As a key member of the team, you will be responsible for performing detailed modelling and pricing tasks, including data analysis, mortality and morbidity studies, demographic analysis, cash-flow projections, and reconciliations.

Responsibilities:
  • Tender Process: Participate in pricing and tendering for new and existing opportunities, with emphasis on specific life and critical illness product lines.
  • Deal Modelling & Execution: Perform detailed modelling and pricing tasks, including data analysis, mortality and morbidity studies, demographic analysis, cash-flow projections, and reconciliations.
  • Technical Documentation: Prepare technical deal documents and provide support for commercial leads, including pricing reports, drafting memos, client offer letters, and negotiation assistance.
  • Research & Development: Contribute to the development, maintenance, and improvement of pricing benchmarks, methodologies, and tools.
  • Portfolio Analysis: Collaborate with in-force management and valuation teams to analyse and follow up on the performance of the existing portfolio.
  • Client Engagement: Attend client meetings to support relationship building and develop client-specific solutions.
Requirements:

To be successful in this role, you will need:

  • Qualification as an Actuary with membership in a recognised professional body.
  • At least 5 years of experience in reinsurance or insurance, with a focus on relevant product lines.
  • Strong analytical skills with a proven ability to solve complex problems.
  • Self-motivation and the ability to manage multiple priorities effectively.
  • Proficiency in statistical software (e.g., R) and the MS Office suite.
  • Experience with actuarial modelling tools (e.g., AXIS, Risk Agility, Prophet) is an advantage.
  • Knowledge of life insurance and critical illness products is beneficial.

This role offers a competitive salary of $120,000 - $180,000 per year and the opportunity to work in a dynamic and expanding business environment, contributing to impactful projects within the life and health sector.



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