Reinsurance Pricing Actuary

Found in: Talent UK C2 - 1 week ago

London, United Kingdom MS Amlin Full time

Role: Reinsurance Pricing Actuary

Location: London

Position type: Full time, permanent

The purpose of this role is to act as the interface for the MS Amlin London business with regards to Actuarial Pricing. The Pricing Actuary will use familiarity with business unit classes, markets and models to provide advice on pricing, model and management information development. The MS Amlin Reinsurance Pricing Actuary will be the first point of contact for underwriting clients to ensure continuity of service and class specific expertise.

The MS Amlin Reinsurance Pricing Actuary will work closely with the rest of the MS Amlin Technical Pricing team and MS Amlin underwriters to ensure consistency of pricing models were possible, and that projects are delivered in a collaborative manner. 

The role holder will be on the MS Amlin Technical Pricing Leadership Team and will report into the Head of Technical Pricing. The role holder will provide technical pricing support and oversight across all reinsurance business written through the Lloyd’s platform.

About The Job

What you’ll spend your time doing:

Develop a strong working relationship with Underwriters;

Manage a team of four others to ensure technical pricing support is technically proficient, timely and co-ordinated. Support the development and progression of direct reports by setting clear and specific goals and managing the annual performance review cycle;

Provide case pricing support on large individual or unusual risks. Understand specific risk characteristics in order to suggest appropriate structures. Work closely with underwriters of all levels to ensure case pricing results are communicated clearly and key assumptions and drivers of uncertainty are thoroughly understood. Peer review the work of others in the team to ensure technical standards are consistently high;

Support the drive for continuous improvement in the available suite of pricing models through the annual model review cycle. Ensure models are developed and expanded in order to take advantage of new and varied data sources, both internal and external, and technical pricing methodologies. Ensure models are technically sound, sufficiently documented and well understood by users through the co-ordination of regular training. Additional ensure that the pricing models meet the MS Amlin Pricing policy and standards in respect of technical pricing and rate monitoring;

Oversee and support the underwriters and other actuarial team members with work on renewal rate movements;

Support the regular reviews of performance outcomes, as required. Challenge the conclusions where necessary and escalate issues to management;

Arrange and deliver underwriter training as required;

Work collaboratively with other MS Amlin functions, including Capital Modelling, Reserving, Underwriting Performance and Risk, to help drive performance excellence. Where appropriate work collaboratively with technical pricing teams across other MS&AD entities in order to share ideas and help solve complex problems; and

Support the reinsurance underwriters by providing considered inputs into business planning, capital model parameterisation and outwards reinsurance purchase exercises. Demonstrate a high degree of business acumen by helping to identify and plan for opportunities and threats which will develop in the marketplace.

What you’ll need:

For this particular role there are some important qualifications and experience we need you to have. These include:

Actuarially Qualified or Nearly Qualified

Actuarial Pricing Expertise

Experience in London Reinsurance Market underwriting classes and environment

Advanced knowledge of Excel

Previous managerial or supervisory experience preferred

@Risk, R, and Python advantageous

Good interpersonal skills

Good communication skills (both oral and written)

Ability to work well under pressure

Attention to detail and ability to self-check work

Proactive, flexible and adaptable.

What you can expect from us:

A competitive salary and benefits package is a given, but you can also expect:

A great team and supportive colleagues

An open mind (especially to new ideas and ways of doing things)

A strong focus on diversity, inclusion and equal opportunities

A programme of wellbeing and mental health support

Employer-supported volunteering (ESV)

Flexible working

Continuous learning

Study support

Structured career development

About Ms Amlin

MS Amlin is part of a global top-10 insurance group, MS&AD. We’re made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services.

Conduct Rules

With the implementation of the SM&CR (Senior Managers & Certification Regime), the Financial Services and Markets Act gave the FCA new powers to write conduct rules and apply them to all employees within a firm. The Conduct Rules set basic standards of good personal conduct. They stipulate that you must:

Act with integrity

Act with due care, skill and diligence

Be open and co-operative with the FCA, PRA and other regulators

Pay due regard to the interests of customers and treat them fairly

Observe proper standards of market conduct assessed on an annual basis

#LI-MSAUL

  • Reinsurance Pricing Actuary

    6 days ago

    London, United Kingdom The Actuary Full time

    Reinsurance Pricing Actuary sought for a global Re-Insurer on a permanent basis. Our client is seeking a Part Qualified Actuary to join their high-performing Pricing team. This is a fantastic opportunity for an ambitious Part Qualified Actuary to join a high-performing Pricing team as an Reinsurance Pricing Actuary in a varied role with great career...

  • Reinsurance Pricing Analyst

    2 weeks ago

    London, United Kingdom The Actuary Full time

    Reinsurance Pricing Analyst Are you an experienced actuarial analyst and looking for a more commercially involved position? Moving into reinsurance pricing could be the ideal next step. This company is a top broker in the UK. You'll join the specialty reinsurance pricing team supporting a range of classes including financial lines, casualty and motor....

  • Technical Actuary, Pricing Platform change with Reinsurer

    4 days ago

    London, United Kingdom The Actuary Full time

    Join our client as a Product Owner for their Pricing Platform! This pivotal role offers a unique opportunity to lead the transformation of the pricing models into a cutting-edge, vendor-purchased platform. As a member of their Agile team, you'll be the driving force behind setting priorities, making critical product decisions, and ensuring alignment...

  • Reinsurance Pricing Actuary

    5 days ago

    London, United Kingdom MS Amlin Full time

    Role: Reinsurance Pricing Actuary Location: London Position type: Full time, permanent The purpose of this role is to act as the interface for the MS Amlin London business with regards to Actuarial Pricing. The Pricing Actuary will use familiarity with business unit classes, markets and models to provide advice on pricing, model and management information...

  • Cyber Reinsurance Pricing Analyst

    2 weeks ago

    London, United Kingdom The Actuary Full time

    We have partnered with a market leading global Re/Insurer to assist them in finding a Pricing Analyst with 1-3 years' experience. This is an excellent opportunity for an Actuarial Analyst from any background to move into a rapidly growing cyber team. The successful candidate with be a part of the Cyber actuarial team providing expert analytical support...

  • Pricing Actuary

    6 days ago

    London, United Kingdom The Actuary Full time

    Our client, a global reinsurer, is offering a talented Pricing Actuary the opportunity broaden their product focus and work across all lines of business - protection, longevity and structured reinsurance. Working closely with the business development teams, you will price new deals and assist the negotiation of terms with external clients. You will also...

  • Reinsurance Pricing Actuary

    Found in: beBee S GB - 2 weeks ago

    London, United Kingdom MS Amlin Ltd Full time

    Role: Reinsurance Pricing ActuaryLocation: London Position type: Full time, permanentThe purpose of this role is to act as the interface for the MS Amlin London business with regards to Actuarial Pricing. The Pricing Actuary will use familiarity with business unit classes, markets and models to provide advice on pricing, model and management information...

  • Actuarial Analyst

    1 week ago

    London, United Kingdom The Actuary Full time

    Our client, a global reinsurer, is offering a part qualified actuary the opportunity broaden their product focus and work across all lines of business - protection, longevity and structured reinsurance. Working closely with the business development teams, you will price new deals and assist the negotiation of terms with external clients. You will also...

  • Senior Pricing Analyst Actuarial

    2 weeks ago

    London, United Kingdom The Actuary Full time

    Are you an experienced actuarial analyst and looking for a more commercially involved position? You'll join the specialty reinsurance pricing team supporting a range of classes including financial lines, casualty and motor. The job itself will involve the development and testing of pricing models, presenting results to brokers and advising clients,...

  • Longevity Reinsurance Actuary

    2 weeks ago

    London, United Kingdom The Actuary Full time

    Our client, a global reinsurer, is looking for a nearly or qualified Actuary to support the continued growth of their Longevity business. The core focus of the role will be to review experience analysis results, liaising with wider teams to ensure their effective application in the production of quotes, pricing basis development and valuation assumption...

  • Senior Actuary

    4 days ago

    London, United Kingdom Aspen Insurance Holdings Full time

    Reference: ASPUK00995 , Permanent - Full Time **About us**: Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions. We believe the way we work is just as...

  • Reinsurance Pricing Actuary

    5 days ago

    London, United Kingdom eFinancialCareers Full time

    New Role: Reinsurance Pricing Actuary GI Speciality Insurer - City of London £100,000 -- £115,000 A world leading speciality insurer is currently seeking a reinsurance pricing actuary to join their well-established team. The role focuses on providing support across the Pricing team under the guidance of the Head of Pricing. - To assist in the pricing of...

  • Senior Reinsurance Treaty Pricing Actuary

    6 days ago

    London, United Kingdom High Finance (UK) Limited TA HFG Full time

    ** SENIOR REINSURANCE TREATY PRICING ACTUARY ** We have partnered with a rapidly growing Lloyd's business to find them a Senior Reinsurance Treaty Pricing Actuary. The role works closely alongside the Head of Pricing, senior management and of course, underwriters. This is an exciting opportunity at the seniorend of the market for someone to make a difference...

  • Structured Retro Reinsurance Actuary

    4 days ago

    London, United Kingdom The Actuary Full time

    We're currently seeking an Actuary to join a Property Retro team in London. The Analyst should be a part to nearly qualified actuary and will be primarily responsible for technical modelling and financial analysis for a range of UK and international insurers and property retro business. Responsibilities include both the technical delivery of work and...

  • Pricing Actuary

    4 days ago

    London, United Kingdom BDO Full time

    BDO Regulatory Solutions are currently recruiting for a **Senior Pricing Actuary**to join our client, a Business Insurance firm, based in London. We are offering an initial 4-month contract starting immediate with an excellent day rate of £1000, operating within IR35. **About the role**: To manage and provide Reinsurance Pricing direction to others, so...

  • Senior Pricing Actuary

    24 hours ago

    City of London, United Kingdom BDO Full time

    **Senior Pricing Actuary - Reinsurance** **Job description** BDO Regulatory Solutions are currently recruiting for a **Senior Pricing Actuary**to join our client, an Insurance company, on a hybrid basis. We are offering an initial 4-month contract starting as soon as possible with an excellent day rate, operating within IR35. **About the role**: As a...

  • Longevity Research Manager

    2 weeks ago

    London, United Kingdom The Actuary Full time

    Our client, a global Reinsurer with a fast-growing presence in the Longevity and Pricing space globally, is looking for a Qualified Actuary to take on a lead role supporting all aspects of longevity reinsurance risk. You will gain diverse technical experience across research for pricing bases, production of quotes and the pricing of longevity tenders....

  • Pensions Actuary

    6 days ago

    London, United Kingdom The Actuary Full time

    Reinsurance Pricing Actuary sought for a global Re-Insurer on a permanent basis. This is a fantastic opportunity for an ambitious Part Qualified Actuary to join a high-performing Pricing team as an Reinsurance Pricing Actuary in a varied role with great career progression. Draft reports and documentation and undertake presentations to senior management...

  • Actuarial Reinsurance Pricing Analyst

    2 weeks ago

    City of London, Greater London, United Kingdom HFG Insurance Recruitment Full time

    Job Description We have partnered with a market leading global Re/Insurer to assist them in finding a Pricing Analyst with 1-3 years experience. This role also includes but is not limited to: Working in the cyber actuarial team providing expert analytical support to brokers and clients Dealing with large data sets and assisting with pricing model...

  • Actuarial Reinsurance Pricing Analyst

    2 weeks ago

    City of London, Greater London, United Kingdom HFG Full time

    We have partnered with a market leading global Re/Insurer to assist them in finding a Pricing Analyst with 1-3 years experience. This role also includes but is not limited to: Working in the cyber actuarial team providing expert analytical support to brokers and clients Dealing with large data sets and assisting with pricing model building Developing and...