At a Glance
- Tasks: Calibrate pricing models and influence underwriting strategy in a high-impact role.
- Company: Leading specialist insurer with a focus on innovation and collaboration.
- Benefits: Up to £1,500 per day, hybrid work, and strategic influence.
- Other info: Unique opportunity for career growth in a dynamic environment.
- Why this job: Shape the future of pricing and work directly with senior leaders.
- Qualifications: Extensive actuarial pricing experience and strong analytical skills.
The predicted salary is between 63000 - 77000 £ per year.
One of the highest-profile actuarial contract opportunities currently on the market. We're supporting a leading specialist insurer in the search for an experienced Pricing Actuary to join its newly established Portfolio Management function. This is a unique opportunity to influence underwriting strategy, shape pricing capability and work directly with senior business leaders, including the Chief Underwriting Officer and Product Heads.
The Opportunity
- You'll be responsible for calibrating 6–8 pricing models across the UK portfolio, building robust, repeatable processes that will underpin future pricing decisions.
- Your work will include:
- Reviewing and enhancing existing pricing model structures
- Extracting and analysing data
- Calibrating ground-up expected loss cost models
- Back testing against historical portfolios
- Reverse engineering rates into the existing rating structure
- Identifying model performance and areas for improvement
- Producing clear documentation for future calibration exercises
- Presenting findings and recommendations to senior stakeholders
About You
- You'll bring:
- Extensive actuarial pricing experience within UK general insurance
- A strong track record of developing and calibrating pricing models across multiple lines of business
- Excellent technical and analytical capability
- Experience influencing underwriting and business stakeholders
- A strong understanding of UK liability insurance products
- The ability to work autonomously while collaborating across underwriting, actuarial and portfolio management teams
What's on offer?
- London (Hybrid)
- 6-month contract
- Up to £1,500 per day
- Opportunity to help shape the future of pricing within a leading specialist insurer
- High-impact role with exposure to senior leadership and genuine strategic influence
Pricing Actuary employer: Avencia Talent Solutions
Join a leading specialist insurer in London, where you will have the opportunity to make a significant impact as a Pricing Actuary. With a hybrid work model, competitive daily rates, and a culture that fosters collaboration and innovation, this role offers not only a chance to influence underwriting strategy but also ample opportunities for professional growth and development. Work alongside senior leaders in a dynamic environment that values your expertise and contributions.
