Insurance Pricing Actuary

Location: Greater London

Insurance Pricing Actuary page is loaded## Insurance Pricing Actuary locations:
London time type:
Full time posted on:
Posted Todayjob requisition :
RQ13349
** Role:
** Insurance Pricing Actuary
*
* Location:

** London
* * Contract Type:
** Permanent
* * Work Pattern:
** Full Time and Hybrid
** About the Job
** If you love and understand financial risk – Assessing it. Evaluating it. Managing it. Advising on it. – You’ll fit right in.

The purpose of this role is to join our Insurance Pricing team in providing the analytical and pricing support for the Marine and Natural Resources Divisions.
** What you’ll spend your time doing:
** As an Insurance Pricing Actuary, you’ll be at the forefront of supporting Underwriting with data-driven insights. While no two days are alike, here’s a snapshot of some key responsibilities:
* Collaborate with underwriters to assess risk and optimise pricing strategies in line with syndicate profitability targets.
* Produce clear, data-driven pricing recommendations and present findings to senior stakeholders by carrying out large account case pricing.
* Drive change and continuous improvements across the pricing team, ensuring that processes, models, and strategies evolve to meet business needs and industry best practices.
* Take ownership of the development, validation, and deployment of complex pricing models.
* Work with Pricing management and other actuarial colleagues to provide critical insights in Pricing Portfolio Reviews, offering independent opinions on the quality of risks written to optimise portfolio profitability.
* Develop and maintain strong working relationships with the other members of the Pricing team, Underwriters, and all departments reporting to the Chief Actuary.
* Ensure the accuracy, development, and utilization of management information for analysis and reporting purposes.
* Support Pricing Management with reporting to management and board level committees.
* Contribute to automation initiatives that streamline pricing workflows and enhance analytical efficiency across the team.
* Be a key mentor in the Pricing Team, fostering professional development and expertise.
** You’re going to enjoy this job if you also:
*** Excel at mentoring and partnering with actuarial talent.
* Have an entrepreneurial mindset and like operating in a results-focused business.
* Possess a meticulous eye for detail and have a passion for problem-solving.
* Communicate complex actuarial concepts in simple, clear language.
* Enjoy collaborating with underwriters, actuaries, and model developers to drive results.
* Have a drive for implementing change and improvements to models and processes.
*
* What you’ll need:

** For this Pricing role, the following qualifications and experience are essential:### Essential
* Being an undergraduate in maths, economics or actuarial science, or other numerate discipline.
* Solid experience in Pricing, preferably London Market or Commercial Lines.
* Advanced knowledge of Excel.
* Strong communication skills, both written and verbal.
* Excellent time management skills and an ability to manage competing priorities under pressure.
* Proficiency in at least one programming language such as SQL, Python, R, and VBA.### Desirable
* A creative and analytical mindset to develop innovative solutions and enhance the Pricing team’s offerings.
* Qualified member of the Institute & Faculty of Actuaries (IFoA) or equivalent actuarial body.
* Demonstrated ability to lead projects, delivering results that align with strategic business objectives.
* We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
* As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits
- ** Hybrid Working
** At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
** About MS Amlin
** MS Amlin is a leading (re) insurer and part of the global MS&AD Group, with operations across…