Specialty Lines Pricing Actuary

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 Specialty Lines Pricing Actuary. The role will see you as the lead pricing specialist for short tail lines, ie marine, aviation, property, energy etc (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.

The role will require an autonomous individual who is interested (and capable) of building relationships with underwriters. You will become their “go-to” person for pricing individual accounts, complex and structured deals and you will also be expected to use your expertise to suggest and implement more effective ways of doing pricing (More data? Better data? Only pricing certain deals? Etc). You will benefit from pooled junior resource, including specialist Python development. The firm is keen to using data science and advanced analytics efficiently and has made significant technological investments, including upgrading it’s pricing and tech stack.

We are looking for a qualified actuary, ideally with experience of pricing London Market or commercial lines short tailed business. Candidates with personal lines and smaller commercial lines pricing experience are also welcome to apply, as the company is keen to increase it’s analytical expertise in areas such as GLMs. The company is also very open to Associates or those “qualified by experience”, as long as the experience is pricing focused.

Base salary to £110k with 20% on target cash bonus, plus a very generous pension.