Pricing Specialist

3 weeks ago


London, Greater London, United Kingdom The Emerald Group Full time
Pricing Administrator

As a key member of The Emerald Group's team, you will play a crucial role in supporting the Property Pricing Manager in delivering high-quality pricing support to the underwriting division. Your primary responsibility will be to assist in achieving the highest standards as outlined in the Lloyd's oversight framework.

The ideal candidate will have experience with technical rating of all risks and regular monitoring of Delegated Underwriting Contracts. You will also work independently on individual pricing assessments of large or unique risks, ensuring clear communication of results to the underwriters.

  • Key Responsibilities:
  • Support the pricing team in achieving high standards as indicated within the Lloyd's oversight framework.
  • Work independently on individual pricing assessments of large or unique risks.
  • Build, review, maintain, and enhance pricing models.
  • Assist in development work to streamline operational processes related to data management.
  • Production and review of pricing management information.

Requirements:

  • University degree in Mathematics, Actuarial Science, Statistics, Economics, or similar discipline.
  • Progress towards qualification as a fellow of the Institute and Faculty of Actuaries or equivalent international body.
  • Pricing experience, ideally in the London Market.
  • Knowledge and understanding of FCA regulations and Lloyd's standards.
  • Knowledge and understanding of the underlying principles of insurance and reinsurance.
  • Highly developed mathematical/statistical knowledge.

Estimated Salary: £60,000 - £80,000 per annum (dependent on experience)


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