Actuary

Country:
United Kingdom of Great Britain and Northern Ireland

Creation Date: 12-Jan-2026

Employment Type:

Permanent

Employment Type:

Full time

#:

Role

Title:

Actuary – LM Re Pricing

Department: Actuarial

Team: LM Re Actuarial

Location: Paris

Type: Permanent

About the Role:

Reporting to the LM Re Head of Property, you will work with the team to drive actuarial pricing support to improve business performance, growth and meeting operational goals. The role will be with the Property metaline team, so a focus on property business. There is potential to also cross collaborate across Casualty and Specialty business. You will assist in providing consultation to senior managers and other groups on actuarial, underwriting, financial and strategic matters.

Core deliverables will involve case pricing, model governance and planning.

You will work closely with the following stakeholders:

• Underwriting and Portfolio Managements:
  To help drive better underwriting decision making through account pricing, portfolio deep dives and product development
• LM Re Reserving Team:
  To understand the key drivers of the reserves, be able to communicate this to management/UW and improve pricing/reserving output based on integrated feedback loops. This will include portfolio deep dives
• LM Re Data & Analytics Team:
  As a key user of central MI, you will be critical in ensuring the required data is captured, appropriate underwriting metrics are designed and used
• LM Re Exposure Management Team:
  With catastrophe risks being a significant element of the portfolio, it will be critical to work with the team in understanding the models, validation work and what that means for the business. Facilitating communication between the exposure management team and underwriting team is key.

About the Department & Team:

The actuarial team evaluate business performance and provide LM Re management with a clear, risk-based view for making decisions on business strategy and risk mitigation. The department covers aspects of actuarial work including pricing, non-cat parametrisation and business planning. The team also collaborate with other functions in the actuarial support of data & analytics, capital management, exposure management and reinsurance purchasing & strategy.

The LM Re actuarial team consists of 24 members, across Singapore, Paris, London, Stamford, and Boston.

Key Responsibilities:

• Support and development of underwriter rating tools
• Individual account pricing and performance monitoring
• Provision and improvement of monthly renewal rate monitoring and rate adequacy information.
• Portfolio profitability analysis for new business opportunities.
• Supporting both local and global Group pricing standards, Analytics and new product initiatives
• Capital Model and Business Plan Parameterisation
• LM Re’s Business Planning and Capital Management processes are intrinsically linked, and Actuaries are responsible for supporting the senior actuary in validating expected loss ratios and parameterising Capital Model underwriting risk.
• Experience and exposure-based analysis of claims frequency and severity distributions.
• Working with Exposure Management to understand and advise on catastrophe and other event aggregations.
• Work to understand the external and competitive landscape and to increase help LM Re’s position and reputation in the market
• Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times.
  
  These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing.

Skills and Experience

• Newly Qualified Actuary
• Property reinsurance Industry experience, other reinsurance specific…