ePricing Actuary, Model Development in London
ePricing Actuary, Model Development

ePricing Actuary, Model Development in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Design and maintain pricing models for Chubb’s Commercial Insurance portfolio.
  • Company: Join a leading insurance company known for innovation and collaboration.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Why this job: Make a real impact in the insurance industry with cutting-edge modelling techniques.
  • Qualifications: 5+ years in insurance, strong coding skills in SQL and Python required.
  • Other info: Dynamic team environment with a focus on continuous learning and development.

The predicted salary is between 36000 - 60000 £ per year.

As a Pricing Modeller, you will play a key role in designing, building, and maintaining pricing models to support Chubb’s Commercial Insurance portfolio. You will collaborate closely with pricing actuaries, underwriters, analytics, and data teams to ensure pricing models are robust, scalable, and aligned with business needs. This is a hands-on role with a strong focus on technical modelling, requiring clear communication and collaboration across multiple stakeholders.

Key Responsibilities

  • Build risk models across products covering Property, Casualty, and Financial Lines amongst others.
  • Develop pricing tools to support scalable growth in the small commercial market.
  • Maintain and enhance existing pricing models, ensuring they remain aligned with business strategy and market trends.
  • Recalibrate current models to reflect current experience and assumptions.
  • Continuously research and evaluate new data sources (both internal and third-party) and integrate them into models to enhance predictive power and improve pricing accuracy.
  • Collaborate with the wider pricing team globally to share best practices in pricing modeling.
  • Support pricing modernization initiatives, including building and migrating raters in Radar.
  • Standardize modeling processes to ensure scalability and efficiency across product lines.

Qualifications

  • Solutions-focused, proactive, and accountable, with a strong sense of ownership.
  • Fluent in English, with excellent written and verbal communication skills.
  • Minimum 5 years’ experience in Property, Casualty, Financial Lines, Marine, or similar insurance domains.
  • Advanced coding and software skills, including proficiency in SQL and Python; experience with WTW (Radar) is highly desirable.
  • Demonstrated ability to independently build and review predictive models.
  • Strong attention to detail, with the ability to manage multiple tasks and stakeholders in a fast-paced environment.
  • Effective interpersonal skills, with a collaborative approach and adaptability to change.
  • Proven track record of meeting deadlines and managing competing priorities.

ePricing Actuary, Model Development in London employer: Chubb

Chubb is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the ePricing Actuary role in our dynamic Commercial Insurance division. Employees benefit from continuous professional development opportunities, a supportive team environment, and the chance to work with cutting-edge technology in a global setting, making it an ideal place for those seeking meaningful and rewarding careers in the insurance industry.
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Contact Detail:

Chubb Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land ePricing Actuary, Model Development in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Show off your skills! Prepare a portfolio or case studies that highlight your experience with pricing models and coding. This will give you an edge during interviews and show that you’re not just talk but can deliver results.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online platforms to refine your responses. Focus on articulating your experience with SQL, Python, and model development clearly and confidently.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got some fantastic opportunities waiting for you, and applying directly shows your enthusiasm for joining our team. Plus, it’s a great way to get noticed!

We think you need these skills to ace ePricing Actuary, Model Development in London

Pricing Modelling
Risk Modelling
SQL
Python
Predictive Modelling
Data Integration
Communication Skills
Collaboration
Attention to Detail
Project Management
Stakeholder Management
Adaptability
Problem-Solving Skills
Insurance Domain Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the ePricing Actuary role. Highlight your experience in pricing models and any relevant technical skills, like SQL and Python. We want to see how your background aligns with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing modelling and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!

Showcase Your Technical Skills: Since this role is hands-on with a strong focus on technical modelling, make sure to showcase your coding and software skills. Mention specific projects or tools you've used that relate to the job description – we want to know what you can bring to the table!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining the StudySmarter family!

How to prepare for a job interview at Chubb

✨Know Your Models Inside Out

Make sure you’re well-versed in the pricing models you’ve worked on. Be ready to discuss specific examples of how you've built or enhanced models, especially in Property, Casualty, or Financial Lines. This will show your technical expertise and ownership of your work.

✨Brush Up on Your Coding Skills

Since advanced coding skills are crucial for this role, ensure you can demonstrate your proficiency in SQL and Python during the interview. Consider preparing a small coding challenge or example project to showcase your abilities and problem-solving skills.

✨Communicate Clearly and Collaboratively

Given the collaborative nature of the role, practice articulating your thoughts clearly. Prepare to discuss how you’ve worked with different teams, like underwriters and data analysts, to achieve common goals. Highlight your interpersonal skills and adaptability to change.

✨Stay Updated on Market Trends

Research current trends in the insurance market and be prepared to discuss how they might impact pricing models. Showing that you’re proactive about integrating new data sources and methodologies into your work will impress the interviewers and demonstrate your commitment to continuous improvement.

ePricing Actuary, Model Development in London
Chubb
Location: London
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  • ePricing Actuary, Model Development in London

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • C

    Chubb

    10000+
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