At a Glance
- Tasks: Join a dynamic team to refine pricing models and strategies for complex risks.
- Company: A leading insurer in the Lloyd's market, known for its innovative approach.
- Benefits: Enjoy a hybrid work environment with competitive pay based on your skills.
- Why this job: Make an immediate impact while collaborating with experts in a vibrant culture.
- Qualifications: Proven Lloyd's pricing experience and strong analytical skills required.
- Other info: This is a key interim role in a high-performing actuarial team.
The predicted salary is between 64000 - 96000 £ per year.
An interim opportunity for a Pricing Actuary in the Lloyd’s Market, working in a hybrid environment (3 days on-site in London). A leading insurer is seeking a highly skilled Interim Pricing Actuary to join their dynamic specialty lines pricing team. This strategic contract role offers immediate impact, ideal for a confident actuarial professional with a strong Lloyd’s background and deep technical acumen.
The successful candidate will contribute directly to:
- Performing case pricing across a variety of Lloyd’s market specialty products
- Designing, developing, and refining pricing models using industry best practices and internal data
- Contributing to the overall pricing strategy, including rate adequacy analysis and portfolio monitoring
- Providing analytical support for underwriting, reserving, and capital modelling decisions
- Engaging in cross-functional collaboration with underwriting, portfolio management, and analytics teams
- Ensuring alignment with Lloyd’s standards, pricing governance, and internal control requirements
- Presenting findings and recommendations to stakeholders across the business
You must be able to demonstrate:
- Proven experience in Lloyd’s market pricing, ideally across multiple specialty lines
- Hands-on expertise in case pricing and model development
- Ability to interpret and influence pricing strategy and portfolio performance
- Strong stakeholder engagement skills – able to communicate actuarial insights to underwriters and non-technical teams
- FIA qualification or equivalent (or qualified by experience in a relevant actuarial role)
- High-level analytical and modelling skills, with proficiency in actuarial software (e.g., Excel, Emblem, Radar)
- Comfortable working in a hybrid environment
Rate: Competitive (dependent on experience). This is a key interim appointment for a high-performing actuarial team in a business at the heart of the Lloyd’s market. If you have the depth of pricing expertise, commercial awareness, and hands-on Lloyd’s experience required to thrive in this environment – we’d love to hear from you.
Pricing Actuary – Lloyd’s Market employer: JCW
Contact Detail:
JCW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary – Lloyd’s Market
✨Tip Number 1
Network with professionals in the Lloyd's market. Attend industry events or webinars where you can meet actuaries and underwriters. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and developments in pricing strategies within the Lloyd's market. This knowledge will not only enhance your discussions during interviews but also demonstrate your commitment to staying current in the field.
✨Tip Number 3
Prepare to discuss specific case studies or examples from your previous experience that highlight your expertise in pricing models and stakeholder engagement. Being able to articulate your contributions clearly will set you apart from other candidates.
✨Tip Number 4
Showcase your proficiency in actuarial software by being ready to discuss how you've used tools like Excel, Emblem, or Radar in your past roles. Highlighting your technical skills will reassure employers of your capability to handle the demands of the position.
We think you need these skills to ace Pricing Actuary – Lloyd’s Market
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the Lloyd's market and any relevant pricing roles. Emphasise your hands-on expertise in case pricing and model development, as well as your analytical skills.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background aligns with the company's needs. Mention specific examples of your previous work in pricing strategy and stakeholder engagement.
Highlight Technical Skills: Clearly list your proficiency in actuarial software such as Excel, Emblem, and Radar. Provide examples of how you've used these tools to develop pricing models or support underwriting decisions.
Showcase Collaboration Experience: Discuss your experience working in cross-functional teams, particularly with underwriters and data scientists. Highlight any successful projects where your insights contributed to business outcomes.
How to prepare for a job interview at JCW
✨Showcase Your Lloyd's Market Expertise
Make sure to highlight your experience in the Lloyd's market during the interview. Be prepared to discuss specific projects or roles where you contributed to pricing strategies or model development, as this will demonstrate your deep technical acumen.
✨Prepare for Technical Questions
Expect to face technical questions related to case pricing and model development. Brush up on your knowledge of actuarial software like Excel, Emblem, and Radar, and be ready to explain how you've used these tools in past roles.
✨Demonstrate Stakeholder Engagement Skills
Since the role involves collaboration with underwriters and analytics teams, prepare examples that showcase your ability to communicate complex actuarial insights to non-technical stakeholders. This will illustrate your strong engagement skills.
✨Discuss Your Analytical Approach
Be ready to talk about your analytical methods and how you approach rate adequacy analysis and portfolio monitoring. Providing concrete examples of how your analytical support has influenced underwriting or capital modelling decisions will set you apart.