At a Glance
- Tasks: Lead pricing and actuarial strategy for a dynamic US property book.
- Company: Fast-growing tech-enabled MGA backed by a global insurance leader.
- Benefits: Competitive salary, growth opportunities, and a collaborative work environment.
- Other info: Join a high-calibre team and shape the future of underwriting.
- Why this job: Influence pricing and portfolio strategy in a data-driven role.
- Qualifications: Experience in pricing actuarial with strong understanding of US property risks.
The predicted salary is between 80000 - 100000 £ per year.
We’re partnering with a fast scaling, tech enabled US Property MGA backed by a leading global insurance platform. They write a very successful property book across homeowners, flood, wildfire, and earthquake, and are building a data first underwriting engine designed to outperform traditional market approaches.
This is not a traditional actuarial role. This is about owning how pricing, portfolio strategy, and data translate into underwriting performance.
The Opportunity
You’ll sit at the centre of underwriting, pricing, and analytics, working directly with the CUO, underwriting leads, and data teams. The focus is simple: use pricing, modelling, and data to drive profitable growth and portfolio performance.
What You’ll Own
- Lead pricing and actuarial strategy across a multi peril US property book
- Own rate adequacy, loss ratio performance, and portfolio optimisation
- Translate actuarial insight into underwriting and commercial decision making
- Partner with underwriting to shape risk appetite, pricing strategy, and growth plans
- Build and refine pricing models using internal data and external data sources
- Work closely with analytics and engineering teams to support API based underwriting
- Support capacity strategy including reinsurance structuring and portfolio optimisation
- Deliver clear insight into portfolio performance across new and renewal business
What This Role Is
- A commercial, data led role influencing how a high performing property book is priced and scaled
- A position that sits between actuarial, underwriting, and strategy
- An opportunity to move beyond pure pricing into full portfolio ownership
Candidate Profile
- Background in pricing actuarial, ideally within property or catastrophe exposed lines
- Strong understanding of US property risks including wildfire, flood, earthquake, and wind
- Experience with rate making, loss ratio management, and portfolio optimisation
- Ability to translate actuarial outputs into real underwriting and business decisions
- Comfortable operating in fast moving, ambiguous environments
- Strong communicator who can influence underwriting and senior leadership
Leadership and Team
- Works alongside a high calibre team of underwriters, actuaries, and data scientists
- Reports into senior underwriting leadership within a CUO structure
- Acts as a key voice in portfolio strategy and pricing decisions
Lead Actuary in Basildon employer: FinPro.
Contact Detail:
FinPro. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Actuary in Basildon
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to pricing and portfolio strategy. We recommend doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your data skills! Be ready to discuss how you’ve used data in past roles to drive decisions. We love seeing candidates who can translate complex data into actionable insights.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for passionate individuals who want to make an impact in the actuarial space.
We think you need these skills to ace Lead Actuary in Basildon
Some tips for your application 🫡
Show Your Data Savvy: Make sure to highlight your experience with data-led decision making in your application. We want to see how you've used data to influence pricing and portfolio strategies in the past.
Tailor Your Application: Don’t just send a generic CV and cover letter. We love it when candidates tailor their applications to reflect the specific skills and experiences that match our Lead Actuary role. Show us why you’re the perfect fit!
Communicate Clearly: Since this role involves influencing senior leadership, your written communication needs to be top-notch. Keep your language clear and concise, and make sure to convey your ideas effectively in your application.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process.
How to prepare for a job interview at FinPro.
✨Know Your Numbers
Brush up on your pricing and actuarial strategies, especially in relation to US property risks like wildfire and flood. Be ready to discuss how you've used data to drive portfolio performance in the past.
✨Speak Their Language
Familiarise yourself with terms like rate adequacy, loss ratio management, and portfolio optimisation. Use these terms confidently during the interview to show you understand the role's nuances.
✨Showcase Your Collaboration Skills
This role involves working closely with underwriting and analytics teams. Prepare examples of how you've successfully partnered with different departments to achieve common goals, particularly in fast-paced environments.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific underwriting challenges or optimise a portfolio. Think through potential scenarios and how your actuarial insights could lead to effective decision-making.