Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support the development of a new pricing tool and improve underwriting efficiency.
- Company: Join Ascot Group, a leading specialty risk underwriting organisation with a collaborative culture.
- Benefits: Full-time role with opportunities for training and professional growth.
- Why this job: Make a real impact in the insurance industry while working with innovative technology.
- Qualifications: Experience in Python and strong analytical skills are preferred.
- Other info: Be part of a dynamic team focused on collaboration and continuous improvement.
The predicted salary is between 40000 - 50000 £ per year.
Join to apply for the Pricing Actuary (FTC) role at Ascot Group. Ascot Group is one of the world’s preeminent specialty risk underwriting organizations. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way – the Ascot Way.
Job Summary
- Support the implementation and development of a new Syndicate Pricing Tool to improve underwriting efficiency and meet Lloyd’s pricing standards.
- Learn and use Hx Renew software and Python to build and maintain pricing models independently, following the agreed development plan.
- Work closely with the software provider to ensure the tool functions correctly and delivers expected benefits.
- Understand current pricing models and help rebuild them in Hx Renew, ensuring consistency and accuracy before they go live.
- Create portfolio reports using data from Hx Renew to provide useful insights across different business areas.
- Maintain clear documentation for all pricing models moved into Hx Renew.
- Provide training and support to Underwriting teams to help them use Hx Renew effectively.
Pricing Framework Responsibilities
- Support the development and ongoing upkeep of the Syndicate’s Pricing Framework, while contributing to the maintenance of Lloyd’s Pricing Maturity Matrix.
- Build strong relationships with underwriting teams to encourage long‑term engagement with pricing tools and technical pricing methods.
- Lead the development, maintenance, and regular review of rating tools and pricing models for assigned classes, including technical rating, base rates, relativity analysis, ILFs, rate monitoring, and documentation.
- Provide ad‑hoc pricing support to underwriting teams, including individual case pricing for risks outside standard criteria, using sound actuarial techniques.
- Work with pricing teams across the Ascot Group to align pricing approaches where appropriate.
- Support the Actuarial Function Report by contributing to the Opinion on Underwriting Policy and related analysis, in line with Lloyd’s guidance.
- Collaborate regularly with reserving, capital, and risk teams to ensure pricing reflects emerging trends and experience.
Wider Actuarial Responsibilities
- Provide training and support to junior actuarial team members to help them carry out their responsibilities and contribute to broader team objectives.
- Participate in relevant technical training and attend industry events or seminars to stay current with actuarial developments as needed.
- Support the wider goals of the Ascot Group Actuarial Function by contributing to pricing, reserving, and capital modelling activities as needed.
- Contribute to the business planning process and loss ratio allocations as required.
Other
- Proactive and positive contribution to the pricing, development and wider ERM teams with respect to culture and teamwork, contributing to the overarching objectives of the team.
- Identifying opportunities to work more efficiently.
- Collaborative working style and a team player.
- Microsoft Office skills.
- Experience in Python, Hx Renew or Power BI is desirable.
- Experience in programming languages such as C#, SQL, VBA or R beneficial but not essential.
Please be aware that Ascot Group’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses. If you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.
Senior Pricing Analyst (FTC) employer: ASCOT GROUP
Contact Detail:
ASCOT GROUP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst (FTC)
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Ascot Group on LinkedIn. A friendly chat can give us insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills, especially in Python and Hx Renew. We want to show that we can hit the ground running and contribute to the pricing transformation project right away.
✨Tip Number 3
Don’t forget to showcase our collaborative spirit! Ascot values teamwork, so be ready to share examples of how we’ve worked well with others in past roles or projects.
✨Tip Number 4
Apply through our website! It’s the best way to ensure our application gets seen by the right people. Plus, it shows we’re serious about joining the Ascot team.
We think you need these skills to ace Senior Pricing Analyst (FTC)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Pricing Analyst role. Highlight any relevant experience with pricing models, Python, or Hx Renew to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you embody the Ascot Way. Show us your enthusiasm for collaboration and innovation.
Be Clear and Concise: When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, so avoid jargon unless it's relevant to the role.
Apply Through Our Website: For the best chance of success, make sure to apply through our official careers page. This way, we can easily track your application and get back to you quicker!
How to prepare for a job interview at ASCOT GROUP
✨Know Your Numbers
As a Senior Pricing Analyst, you'll be dealing with complex pricing models. Brush up on your actuarial techniques and be ready to discuss how you would approach building and maintaining these models using Hx Renew and Python. Show them you can think critically about data!
✨Understand the Ascot Way
Familiarise yourself with Ascot Group's mission and values. They emphasise collaboration, integrity, and innovation. Be prepared to share examples of how you've embodied these principles in your previous roles, especially in team settings.
✨Prepare for Technical Questions
Expect questions that dive deep into your technical skills, particularly around pricing frameworks and tools. Review your knowledge of Microsoft Office, Python, and any other relevant programming languages. Being able to articulate your experience with these tools will set you apart.
✨Show Your Collaborative Spirit
Ascot values teamwork and collaboration. Think of instances where you've successfully worked with others to achieve a common goal, especially in a pricing or underwriting context. Highlighting your ability to build strong relationships with underwriting teams will resonate well with them.