Actuarial Pricing Analyst

Reference

ACTpa343


Sector

Actuarial


Salary

£50,000 to £65,000 Per Annum


Town/City

London City


Contract Type

Permanent

Share this Job

Actuarial Pricing Analyst 

Established Lloyd’s Carrier

 

£50,000 - £65, 000

To work as part of the actuarial team providing pricing support to the underwriting team, advising on risk selection, and supporting business reporting needs.

 

Responsibilities:

  • Support the underwriters to assess pricing adequacy on individual accounts both open market and binders.
  • Develop, review and enhance the pricing models for each line of business including price monitoring.
  • Monitor Class and Business performance by assessing key pricing metrics against planned targets.
  • Communicate findings and develop supporting pricing actions.
  • Utilise knowledge of the market to adapt pricing techniques in order to achieve organisational targets
  • Develop rate change and price adequacy analysis by line of business, class and/or individual risk.
  • Build effective working relationships with the Underwriting department, providing training and support to underwriting teams where necessary
  • Examine historic loss information (internal and external data) across the portfolios to enhance the performance of the accounts.
  • Assist with the actuarial elements of the business planning process.
  • Assist with the parameterisation of the internal model.
  • Ad hoc analyses to support management as required.
  • Manage and collaborate group-wide pricing projects.


 

Skills/Qualifications:

  • Student Actuary of the Institute of Actuaries making good progress with CT exams.2:1 in a highly numerate degree.
  • Grade A at A-Level Mathematics.
  • Minimum 2 years actuarial experience.
  • Good Excel, VBA and Access skills.
  • Experience using R and SQL are desirable.

You may also be interested in...

A leading Lloyd's Syndicate is seeking a Capital Actuary to join their expanding Capital team.
Salary: £80,000 to £110,000 Per Annum Sector: Actuarial Contract Type: Permanent Town/City: City of London
Our Senior Pricing Analysts play a crucial role in implementing our pricing strategy and establishing a governance framework to align with financial goals. They take the lead in developing pricing models for one or more of our products, actively supporting the pricing developme...
Salary: Competitive Sector: Actuarial Contract Type: Permanent Town/City: London City
Lloyd’s syndicate Capital Actuary- Nearly/Newly Qualified Actuary Reporting directly to the Head of Capital Modelling - UK. Up to £100k base and excellent benefits and bonus etc with flexibilty
Salary: £75,000 to £100,000 Per Annum Sector: Actuarial Contract Type: Permanent Town/City: City of London and remote
Rapidly expanding Lloyd’s Syndicate and Members Agency, part of a larger re-insurance Group are looking for an individual with at least 2 years plus capital experience (open to personal lines) in their growing Capital Modelling team.
Salary: £55,000 to £75,000 Per Annum Sector: Actuarial Contract Type: Permanent Town/City: City of London and remote
Pricing Actuary- Syndicate- Up to £95, 000 Base Nearly/Newly Qualified Actuary Lots of flexibility
Salary: £75,000 to £95,000 Per Annum Sector: Actuarial Contract Type: Permanent Town/City: City of London