Pricing Actuary in City of London

Pricing Actuary in City of London

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

  • Tasks: Lead pricing transformations and collaborate with top insurers to redefine industry standards.
  • Company: Join hyperexponential, an innovative AI-driven platform revolutionising the insurance industry.
  • Benefits: Enjoy a ÂŁ5,000 training budget, 33 days holiday, and private healthcare.
  • Why this job: Make a real impact in a fast-paced environment while shaping the future of pricing.
  • Qualifications: Be a newly qualified actuary with pricing experience and a passion for innovation.
  • Other info: Work in a dynamic team with access to cutting-edge AI tools and regular social events.

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

Join to apply for the Pricing Actuary role at hyperexponential.

About Hyperexponential: At hyperexponential, we’re building the AI-powered platform that enables the world’s most critical decisions in a $7 trillion industry - which risks to take, and how to price them. These are the decisions that shape real-world outcomes: whether rockets successfully launch into space, autonomous vehicles make it to market, or communities recover after major storms. Until now, insurance has been making billion-dollar decisions using outdated tools. We’re changing that. Our platform brings together data, AI, and human expertise to give insurers the fastest path from submission to decision - helping them move faster, act smarter, and take on more risk with confidence.

About Our Pricing & Innovation Team: Most actuarial roles are tied to a single portfolio in a single organisation. At hyperexponential, you’ll apply your expertise across many insurers, seeing first-hand how the most advanced players are transforming their pricing and shaping what best practice looks like for the wider market. As a Senior Pricing Actuary in our Pricing & Innovation team, you’ll sit at the centre of how hx defines and delivers next-generation pricing. This isn’t a back-office actuarial role. You’ll partner directly with underwriters, actuaries, and product leaders—both inside hx and at our clients—to understand their challenges, design solutions, and cast a vision for how pricing and underwriting can evolve.

What You’ll Be Doing:

  • Act as a subject matter expert in pricing across commercial, specialty, and reinsurance - joining complex client and sales conversations, running best-practice workshops, and representing hx at industry forums.
  • Partner with senior stakeholders (Chief Actuaries, CUOs, Heads of Pricing) as a trusted advisor - guiding strategic conversations on pricing transformation, workflows, and portfolio strategy, and stepping in to resolve challenges with “amber-red” accounts.
  • Support customers through their transformation journeys - helping deploy new models, re-engineer workflows, and embed modern pricing processes, while building practical assets (reference models, reporting pipelines, workflow enhancements) that accelerate value from hx Renew.
  • Feed back client and market insights into hx - informing our product roadmap and ensuring we prioritise solutions that matter most to the business, not just technically.
  • Contribute to innovation projects - exploring new methods, data sources, or AI applications that reshape pricing and underwriting.

What You’ll Need To Have Done:

  • Be a newly or recently qualified actuary with pricing experience in commercial, specialty, or reinsurance markets (reinsurance exposure is a plus, but not essential).
  • Contributed to the development or enhancement of pricing models, with some experience of how models are applied in live underwriting.
  • Shown the ability to work effectively with stakeholders—whether peers or senior colleagues—by explaining technical work clearly and supporting decisions that go beyond the model.
  • Demonstrated an interest in the commercial impact of actuarial work, whether through project experience, client-facing exposure, or transformation initiatives.
  • Worked hands-on with actuarial and analytical tools (e.g. R, Python, data pipelines), and comfortable discussing methods, assumptions, and trade-offs with rigour.

You’re unlikely to thrive here if:

  • You prefer established processes and aren’t motivated to explore how AI, automation, or portfolio intelligence could reshape pricing.
  • You’d rather focus narrowly on model-building than engage clients in shaping their wider pricing transformation.
  • You need rigid playbooks and step-by-step instructions, rather than the chance to help define what “best practice” looks like for the market.
  • If reading our Culture Doc leaves you feeling neutral rather than energised, hx may not be the place where you’ll do your best work.

Benefits:

  • ÂŁ5,000 training and conference budget for individual and group development.
  • 25 days of holiday plus 8 bank holidays (33 days total).
  • Company pension scheme via Penfold.
  • Mental health support and therapy via Spectrum.life.
  • Individual well-being allowance via Juno.
  • Private healthcare insurance through AXA.
  • Income protection and Life Insurance.
  • Cycle to Work Scheme.

Additional Perks:

  • Top-spec equipment (laptop, screens, adjustable desks, etc.).
  • Regular hackathons, lunch & learns, and socials, both remote and in-person, to foster collaboration and creativity.
  • Team breakfasts and lunches, fully stocked snacks and drinks, and a fun, creative office at The Ministry.
  • Access to cutting-edge AI tools and experimentation budget, giving you the freedom to test, learn, and innovate ahead of the market.

Interview Process:

  • Talent Partner Screen - 30 minutes.
  • Hiring Manager Interview - 1 hour.
  • Skills Assessment - 1 hour.
  • Meet the Team - 2 x 30 minute chats.
  • Values Interview - 60 minutes.

Our Commitment to Diversity: hxers are at the centre of everything we build. We know that progress depends on diverse perspectives, and we are committed to creating an environment where everyone can thrive, grow, and make an impact. We recognise there is always more to do, and we take responsibility for shaping a workplace that is not only diverse but genuinely inclusive.

Next steps: If this opportunity resonates with you, we encourage you to apply or share it with your connections. Our dedicated talent team reviews all applications, and we provide feedback regardless of the outcome.

Pricing Actuary in City of London employer: hyperexponential

At hyperexponential, we pride ourselves on being an exceptional employer that fosters a culture of innovation and collaboration. Our Pricing Actuary role offers not only competitive benefits, including a generous training budget and private healthcare, but also the opportunity to work at the forefront of AI-driven insurance solutions. With a commitment to employee growth and a vibrant work environment at The Ministry, you will be empowered to shape the future of pricing and underwriting alongside industry leaders.
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Contact Detail:

hyperexponential Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Actuary in City of London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at hyperexponential. Building relationships can give you insider info and might just land you an interview.

✨Tip Number 2

Prepare for those interviews! Research hyperexponential’s products and their impact on the insurance industry. Be ready to discuss how your skills can help them innovate and transform pricing strategies.

✨Tip Number 3

Showcase your expertise! During interviews, share specific examples of how you've tackled challenges in pricing or worked with AI tools. This will demonstrate your hands-on experience and problem-solving skills.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the hyperexponential team.

We think you need these skills to ace Pricing Actuary in City of London

Pricing Expertise
Actuarial Skills
Stakeholder Engagement
Data Analysis
Model Development
Workflow Re-engineering
AI Applications
Communication Skills
Consulting Mindset
Commercial Awareness
Analytical Tools (e.g. R, Python)
Transformation Initiatives
Problem-Solving Skills
Client-Facing Experience

Some tips for your application 🫡

Show Your Passion for Pricing: When you write your application, let your enthusiasm for pricing and innovation shine through. We want to see how your experience aligns with our mission to transform the insurance industry using AI and data.

Tailor Your Application: Make sure to customise your CV and cover letter for the Pricing Actuary role. Highlight relevant experiences and skills that match what we’re looking for, especially in commercial, specialty, or reinsurance markets.

Be Clear and Concise: Keep your writing straightforward and to the point. We appreciate clarity, so avoid jargon unless it’s necessary. Show us you can communicate complex ideas simply, just like you would with clients.

Apply Through Our Website: Don’t forget to submit your application through our careers page! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at hyperexponential

✨Know Your Pricing Inside Out

Make sure you’re well-versed in pricing models, especially in commercial, specialty, and reinsurance markets. Brush up on your experience with model development and be ready to discuss how these models apply in real-world underwriting scenarios.

✨Engage with Stakeholders

Prepare to demonstrate your ability to communicate complex actuarial concepts clearly to both peers and senior stakeholders. Think of examples where you've successfully influenced decisions or guided transformations, as this will show your consulting mindset.

✨Show Your Curiosity for Innovation

Hyperexponential values a forward-thinking approach, so come prepared to discuss how AI and automation can reshape pricing. Share any experiences you have with new methods or data sources that could enhance pricing strategies.

✨Be Ready for Practical Assessments

Expect a skills assessment during the interview process. Familiarise yourself with actuarial and analytical tools like R and Python, and be prepared to tackle practical problems that showcase your technical expertise and problem-solving skills.

Pricing Actuary in City of London
hyperexponential
Location: City of London
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