Actuarial Analyst - Pricing (Graduate Programme)

Location: North Shields, Newcastle upon Tyne (Hybrid, 2-3 days in office per week, flexible)

We are seeking a motivated Entry-Level/Junior Actuarial Pricing Analyst to join our growing team at a leading insurance company based in North Shields, Newcastle upon Tyne. Specializing in new driver, learner, taxi, and courier insurance, we offer a fantastic opportunity for a recent graduate or early-career actuarial professional to gain hands-on experience in pricing models.

• Assist in the development and pricing of insurance products tailored to new drivers, learners, taxi drivers, and couriers.
• Collaborate with senior actuaries to analyse data, build pricing models, and assess risks for various insurance segments.
• Contribute to the preparation and presentation of pricing recommendations.
• Help maintain and refine actuarial assumptions for both existing and new products.
• Support pricing strategies to ensure competitive and sustainable pricing models.

• A degree in Data Science, Mathematics & Statistics, Actuarial Science, or a related field.
• A Master’s degree in a relevant discipline is preferred.
• Some experience or internships in an actuarial role (preferably with pricing exposure).
• Strong proficiency in Excel; experience with R, Python, or other statistical modeling tools is a plus.
• A strong interest in the insurance industry, particularly pricing.
• Excellent analytical and problem-solving skills.
• Good communication skills with a collaborative mindset.

• Hybrid work arrangement (2-3 days per week in the office).
• Competitive salary: £26,000 - £30,000 per year (raising every 6 months).
• Opportunities for professional development and actuarial exams.
• Discounts, vouchers and other benefits.
• A dynamic and supportive team environment.
• Exposure to various areas of actuarial work.

If you’re looking to kickstart your actuarial career in a specialised field, we’d love to hear from you. This is a great opportunity to grow and develop within a forward-thinking insurance company.

Please click apply now or send your CV to dan.wotherpsoon@intellectgroup.com