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Senior Pricing Actuary

2 months ago


London, Greater London, United Kingdom Zego Full time
About the Role

We are seeking a highly skilled Senior Pricing Actuary to join our team at Zego. As a key member of our Pricing and Risk Management team, you will play a critical role in defining and delivering our pricing sophistication strategy.

Key Responsibilities
  • Collaborate with our Pricing, Tooling & Modelling team to review, challenge, and contribute to the development of risk, demand, and market models.
  • Develop implementable, technical prices based on underlying models, taking a mid- to long-term view of performance, external trends, costs, etc.
  • Work closely with our Street Pricing team to bring technical prices to market, with required commercial adjustments.
  • Define and drive the Pricing Sophistication Strategy and Roadmap for Zego, including continuous monitoring of the performance of all technical prices.
  • Develop, implement, and monitor KPIs aimed at the forward-looking performance of each book, including the expected, prospective rating strength.
  • Analyze insurance data to identify trends, anomalies, and opportunities for improvements.
  • Collaborate with product, tech, and pricing teams to implement pricing changes effectively.
  • Communicate key results and uncertainties to stakeholders and relevant committees.
Requirements
  • Education: Bachelor's or Master's degree in Statistics, Mathematics, Economics, Actuarial Science, or related field.
  • Experience: Proven experience in motor insurance pricing, with a strong focus on technical pricing.
  • Technical Skills:
    • Hands-on experience with modelling and implementing pricing for non-life insurance.
    • Experience with insurance pricing tools like Akur8, Emblem, or similar.
    • Experience with tools such as SQL, R, Excel VBA, or similar.
  • Soft Skills: Excellent communication and project management skills, with a proven ability to work collaboratively across teams and present complex information in a clear, accessible way.
Nice to Have
  • Python: Python programming skills, with experience in developing and maintaining analytics packages and tools. Familiarity with data science libraries such as pandas and scikit-learn.
  • SQL: Proficient in SQL, particularly with cloud data warehouses like Snowflake.
  • Data Tools: Familiarity with cloud-based data platforms (we're on AWS) and data visualization tools (Looker, matplotlib, seaborn).
About Zego

Zego is a leading insurance company that is revolutionizing the way people think about insurance. We're a team of innovators, thinkers, and doers who are passionate about making insurance matter. We believe in empowering our employees to take ownership of their work and to make a real impact on our business.

We're committed to creating a workplace that is inclusive, diverse, and supportive. We believe that everyone should have the opportunity to succeed, regardless of their background or circumstances. We're proud to be an equal opportunities employer and we welcome applications from all qualified candidates.

We're a hybrid company, which means that we offer a flexible working arrangement that allows our employees to work from home or in our office, depending on their needs and preferences. We believe that this approach helps us to attract and retain the best talent, while also promoting work-life balance and reducing our environmental impact.

We offer a competitive salary and benefits package, including private medical insurance, company share options, and a generous holiday allowance. We're also committed to ongoing learning and development, and we offer a range of training and development opportunities to help our employees grow and succeed in their careers.