Pricing Systems Specialist

Are you currently working in personal lines or smaller commercial lines and interested in using your experience to diversify your experience and work in the London Market?

Or are you working for a larger London Market organisation and interested in working for a business with fast decision making where you will be only 2 levels away from the Group CEO?

Are you interested in joining a company that is not re-trenching, but rather expanding?

If the answer to any of the questions above is yes, I would be interested to have a discussion with you regarding a search project I am undertaking for a specialty insurer in the London Market. The Group Chief Actuary is expanding the pricing function with 2 hires (both new roles), including the role advertised here for a Pricing Systems Development Specialist. This role will see you as the lead pricing development specialist for all their pricing models (both long and short tail; the company has a 50-50 split between long and short tail lines). You will report to the group chief actuary, as well as collaborate with the long tail pricing specialist, and in due course a short tail pricing specialist (who is also being hired at the moment).

The role will require an autonomous individual who is interested (and capable) of building models and develop the general pricing function from a systems/IT perspective. You will become their “go-to” person for pricing model development, as well as data (do we get external data sets? Build our own? These are the sorts of decisions you’ll make).

You will benefit from pooled junior resource, including specialist Python software development. The firm is keen to using data science and advanced analytics efficiently and has made significant technological investments, including upgrading its’ pricing and tech stack.

We are looking for an actuarial specialist (qualification level is not important) who has a track record of building good pricing tools, often from scratch. You will very likely enjoy the intellectual challenge of creating something you can truly call your own and balance the need for precision with the needs of the business. Data science skills/aptitude would be great (R, Python, VBA, SQL; any other programming language is probably a good basis).

Base salary to around £90k with 20% on target cash bonus, plus a very generous pension.