At a Glance
- Tasks: Design and enhance pricing models for the Property portfolio, collaborating with underwriters.
- Company: Leading Lloyd's market insurer with a focus on innovation and growth.
- Benefits: Competitive salary, professional development, and opportunities for influence in strategic decisions.
- Other info: Collaborative environment with opportunities for mentorship and career advancement.
- Why this job: Join a dynamic team and make a real impact on pricing strategies and portfolio performance.
- Qualifications: FIA qualification, experience in Commercial Property pricing, and strong technical skills in Python, R, or SQL.
The predicted salary is between 70000 - 90000 £ per year.
Overview
Arthur is delighted to be supporting one of the leading Lloyd's market insurers who are seeking an experienced pricing actuary to join a growing Property team.
This role is focused on developing pricing capability across the Property portfolio, working closely with underwriters to improve pricing sophistication, portfolio performance and risk selection.
You'll play a key role in designing and enhancing pricing models, supporting underwriting decisions and contributing to wider portfolio optimisation and capital allocation initiatives.
The role offers broad exposure across underwriting, exposure management, capital and reserving, making it well suited to someone who enjoys working closely with the business.
Key Responsibilities
- Design, develop and maintain pricing models across the Property portfolio.
- Partner with underwriters to understand products, define rating structures and develop practical pricing tools.
- Identify and utilise internal and external data sources to improve pricing accuracy.
- Develop and maintain pricing templates and models for underwriting teams.
- Support the implementation and ongoing development of pricing software and tools.
- Work closely with Exposure Management to monitor portfolio accumulations and catastrophe exposures.
- Help develop the business's view of risk across both modelled and non-modelled perils.
- Act as the subject matter expert for pricing models, providing technical support and enhancing tools where required.
- Monitor pricing performance through metrics such as pricing adequacy and risk‑adjusted returns, identifying opportunities for improvement.
- Develop management information to highlight portfolio trends and underperforming segments.
- Contribute to portfolio optimisation, business planning and capital allocation initiatives.
- Work collaboratively across pricing, reserving and capital to ensure a consistent view of portfolio performance.
- Support regulatory requirements relating to pricing where required.
About You
- FIA qualification (or equivalent).
- Experience pricing Commercial Property business, ideally within the Lloyd's or London Market.
- Strong technical skills, including Python, R and/or SQL.
- Experience with HX pricing software would be beneficial but isn't essential.
- Previous experience managing or mentoring others would be an advantage.
- The ability to build strong relationships with underwriters and communicate technical concepts clearly.
- A commercial mindset with an interest in improving portfolio performance through better pricing and analytics.
Why This Role?
This is an opportunity to join a well‑established actuarial function in a role with genuine influence across the underwriting business.
You'll work closely with senior stakeholders, contribute to strategic portfolio decisions and play an important part in the continued development of pricing capability across the Property portfolio.
#J-18808-Ljbffr
Lead Pricing Actuary - Property employer: Arthur
Join a forward-thinking company that prioritises innovation and employee development in the heart of London. As a Remote Security Engineer, you'll benefit from a collaborative work culture that encourages continuous learning and offers opportunities to lead impactful security initiatives. With a focus on cutting-edge technology and a commitment to maintaining a secure digital environment, this role provides a unique chance to grow your career while contributing to the resilience of a leading player in the insurance sector.
