Pricing Actuary

4 weeks ago


City of London, United Kingdom The Emerald Group Ltd, Search and Selection Full time
Job Description

Role: As a Pricing Actuary, you will support the pricing of treaty reinsurance contracts and large risks, often with loss-sensitive features. This role requires close collaboration with underwriters, clients, and internal departments such as Claims, Actuarial Reserving, and Risk teams, while providing pricing support across multiple lines of business including UK Motor, Property & Casualty, US Property & Casualty, and many more.

Key responsibilities include developing and maintaining pricing tools, assisting underwriters in structuring and pricing contracts, and providing regular management reports on rate changes, pricing adequacy, and expected loss ratios.

Requirements: A 2:1 or higher degree in Mathematics, Statistics, Economics, or Actuarial Science, with a partly or fully qualified actuary. 2-4 years of General Insurance experience, including 1-2 years in pricing general insurance or treaty reinsurance, with London/Lloyd's market experience as a plus. Advanced MS Excel proficiency and knowledge of actuarial pricing techniques for primary, excess of loss, and catastrophe products are essential.

Strong communication and interpersonal skills are required for effectively conveying actuarial insights to underwriters.


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