Pricing Actuary - Property, Reinsurance & Specialty in London

Pricing Actuary - Property, Reinsurance & Specialty in London

London Full-Time 60750 - 74250 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Partner with Underwriters to provide pricing support and insights across various insurance portfolios.
  • Company: Apollo, an innovative insurance platform at Lloyd’s of London.
  • Benefits: Competitive salary, 31 days annual leave, private medical insurance, and a non-contributory pension.
  • Other info: Flexible and hybrid working options with a commitment to diversity and inclusion.
  • Why this job: Shape underwriting decisions and drive profitable growth in a dynamic environment.
  • Qualifications: Qualified Actuary with experience in Property, Reinsurance, or Specialty lines.

The predicted salary is between 60750 - 74250 £ per year.

Who we are

Apollo, a Skyward Group company, is an innovation-inspired insurance platform operating at Lloyd’s of London, delivering data-driven and creative solutions across a broad range of risks.

Our name reflects our origins.

Inspired by one of our founding investors, Neil Armstrong, the first person to walk on the moon, the business was built with the same pioneering mindset.

Alongside Jim Hays, Neil set out to create a different kind of Lloyd’s platform, focused, agile and built around people.

Since launch in 2009, we have grown into a diversified insurance group offering products across Property, Casualty, Marine, Energy and Transportation, Specialty and Reinsurance, alongside Smart Follow and digital and embedded risk programmes.

Our experience and unique ecosystem give Platform Partners the best chance of success, from navigating the Lloyd’s new entrant process through to the delivery of their long-term strategy.

With a team of more than 300 professionals, we continue to grow with purpose, combining underwriting excellence, innovation and collaboration to enable a more resilient and sustainable world.

Your Role

At Apollo, we believe strong pricing capability is fundamental to delivering sustainable underwriting performance.

We're looking for a qualified Pricing Actuary to partner closely with Underwriters across our Property, Reinsurance and Specialty portfolios, helping shape underwriting decisions through data-led insight, technical expertise and constructive challenge.

This is an opportunity to work at the heart of the business, collaborating with Underwriting, Claims, Exposure Management, Capital Modelling, Data and Technology teams to support profitable growth while continuing to evolve pricing tools, models and capabilities.

  • What You'll Be Doing
  • Partnering with Underwriters to provide pricing support, portfolio insight and technical challenge across Property, Reinsurance and Specialty classes.
  • Supporting the pricing of individual risks, treaties and portfolios through robust actuarial analysis and judgement.
  • Developing, maintaining and enhancing pricing methodologies, models and analytical tools.
  • Monitoring portfolio performance, profitability, claims experience and rate adequacy to identify trends and opportunities.
  • Producing pricing MI, portfolio analysis and performance reporting for key stakeholders.
  • Contributing to the development of pricing infrastructure, automation initiatives and analytical capabilities.
  • Supporting pricing governance activities, including compliance with pricing frameworks, policies and documentation requirements.
  • Collaborating across Pricing, Underwriting, Claims, Capital Modelling and Reserving teams to improve business insight and decision making.
  • Communicating technical concepts clearly to a range of audiences across the organisation.
  • Contributing to knowledge sharing, peer review and continuous improvement within the actuarial function.
  • What We Are Looking For
  • Qualified Actuary (FIA or equivalent).
  • Experience within Lloyd's, London Market or Specialty Insurance environments.
  • Experience supporting pricing activities within Property, Reinsurance and/or Specialty lines.
  • Strong actuarial, analytical and problem-solving capability.
  • Experience developing or maintaining pricing models and analytical tools.
  • Proficiency in Python, SQL or similar analytical programming tools.
  • Ability to translate complex technical concepts into clear business insight.
  • Strong stakeholder management and relationship-building skills.
  • Commercial judgement and an interest in supporting profitable underwriting decisions.
  • A collaborative approach with a focus on continuous improvement.
  • What you’ll get in return

We offer a competitive and thoughtfully designed reward package that reflects the value of our people.

This includes a fair and attractive salary, discretionary bonus, and a comprehensive benefits package - including 31 days’ annual leave, a non-contributory pension and private medical insurance.

Our commitment to inclusion

At Apollo, people are at the heart of everything we do.

We are a diverse, growing team of empowered experts who bring collaboration, innovation and data-driven thinking to every relationship and every risk.

We believe diversity and inclusion go far beyond targets.

They are essential to understanding the global communities we serve and to making better decisions.

That’s why we are committed to developing diverse talent at every level and creating an environment where different perspectives are genuinely valued, supported and celebrated.

We also run a programme of events, training and initiatives designed to recognise both the challenges and opportunities that come with building an inclusive workplace.

Hybrid & flexible working

Flexible and hybrid working are fully embraced at Apollo.

We do not believe in presenteeism.

Instead, we trust our people to work in ways that allow them to perform at their best, balancing professional responsibilities with personal commitments.

Apollo is committed to creating an inclusive recruitment experience where every candidate feels supported and able to perform at their best.

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Pricing Actuary - Property, Reinsurance & Specialty in London employer: Apollosyndicate1969

Apollo, a Skyward Group company, is an exceptional employer that champions innovation and collaboration within the dynamic environment of Lloyd's of London. With a strong commitment to employee growth, we offer a competitive salary, comprehensive benefits, and a culture that values diversity and inclusion, ensuring every team member feels empowered and supported. Our flexible working arrangements allow for a healthy work-life balance, making Apollo a truly rewarding place to advance your career as a Pricing Actuary.

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Contact Details:

Apollosyndicate1969 Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pricing Actuary - Property, Reinsurance & Specialty in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

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We think you need these skills to ace Pricing Actuary - Property, Reinsurance & Specialty in London

Qualified Actuary (FIA or equivalent)
Experience within Lloyd's, London Market or Specialty Insurance environments
Pricing support for Property, Reinsurance and/or Specialty lines
Actuarial analysis and judgement
Development and maintenance of pricing models
Analytical tools proficiency
Python programming

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Apollosyndicate1969.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Apollosyndicate1969. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Apollosyndicate1969

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Apollosyndicate1969 to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Apollosyndicate1969, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Apollosyndicate1969's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.