Pricing Actuarial Analyst — GI — LLoyds

New Role: Pricing Actuarial Analyst GI

Specialty Insurer – City of London

£65,000 – £85,000

A leading international specialty insurer are currently seeking a pricing analyst to join their well established commercial lines team.

The successful candidate be involved with the pricing of large individual accounts, across multiple lines of business including cyber. You will develop and maintain pricing and underwriting systems and incorporate efficiencies or improvements.

You will have the opportunity to work in an established business reporting to the Head of Pricing and exposure to senior stake holders. You will take ownership and monitor the technical pricing assumptions and market pricing decisions.

Utilizing advanced analytics, data analysis and modelling the successful candidate will support the delivery of pricing and portfolio management solutions, across multiple portfolios.

It is essential that you have at least 2yrs experience as an actuarial analyst in general insurance. Any experience in Excel, R, Python would be desirable. The ideal candidate would be part qualified and have a desire to further their professional development by undertaking professional qualifications (a competitive study package is offered).

The focus of the successful candidate will be:

  • To assist in the pricing of policies by working closely and establish an excellent working relationship with the Underwriting teams.
  • Pricing of large individual accounts, across multiple lines of business.
  • Working with underwriting teams to provide ad-hoc pricing support and individual case pricing in line with best practice actuarial techniques.
  • Rating model development.
  • Loss ratios.
  • Portfolio reviews.
  • Working with underwriters on new product development.
  • Knowledge of advanced analytics, data analysis and modelling

What our clients are looking for:

  • An Insurance/reinsurance/personal lines pricing or consultancy background.
  • London Market experience would make you a strong applicant but any pricing experience would be required.
  • Any exam progression will be considered.
  • Excellent interpersonal + communication skills.

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