At a Glance
- Tasks: Lead motor insurance pricing and connect actuarial work with real business outcomes.
- Company: Join a rapidly growing fintech aiming to revolutionise financial services.
- Benefits: Flexible working hours, competitive bonuses, and personal development budgets.
- Other info: Collaborative office culture with strong focus on mental wellbeing and career growth.
- Why this job: Shape actuarial practices and drive impact in a scaling environment.
- Qualifications: Part or nearly qualified actuary with experience in general insurance.
The predicted salary is between 56700 - 69300 £ per year.
We started building Marshmallow in 2017.
Since then, we've grown from 3 to 700+ people, gained unicorn status, raised ~140M over three funding rounds, turned profitable, insured millions of drivers and lent millions in car loans.
Our goal is to become one of the largest financial services providers in the world.
Over the next 10 years we'll grow exponentially, not only by scaling our existing products, but also by building new ones.
As our Motor Pricing Actuary, you'll lead pricing for our core motor insurance product while also contributing to reserving, capital modelling and key external actuarial relationships.
This is an opportunity to play a central role in how Marshmallow sharpens pricing, strengthens actuarial governance and supports sustainable growth.
You'll act as the Pricing Function Holder for Marshmallow Insurance Ltd, taking accountability for the integrity and adequacy of the pricing framework and ensuring it meets relevant regulatory requirements for a Gibraltar-domiciled insurer.
You'll work closely with teams across the business to connect technical actuarial work with real commercial outcomes.
Whether you're improving pricing models, reviewing reserve movements or supporting capital assessments, your work will help ensure Marshmallow continues to make smart, fair and data-driven decisions.
What you'll be doing Own the Pricing Function Holder role for Marshmallow Insurance Ltd, taking accountability for pricing model integrity and regulatory compliance with GFSC requirements.
Lead motor insurance pricing model development using claims analysis and market intelligence, partnering with data science and underwriting to identify rating opportunities and drive competitive improvements.
Deliver monthly reserving analysis and Loss Ratio Forum reporting, translating complex data into clear insights that support reserve adequacy and drive methodology improvements.
Serve as primary liaison with external actuaries and the Independent Actuarial Function Holder, coordinating regulatory oversight and ensuring recommendations are understood and actioned.
You're a self-starter with strong ownership and clear accountability, comfortable operating in a fast-paced, scaling environment with technical and regulatory responsibility.
You think commercially and analytically, connecting actuarial decisions to business outcomes, and move confidently between deep technical work and strategic thinking.
You communicate clearly to both actuarial and non-technical audiences, build effective cross-functional relationships, and thrive on variety across pricing, reserving and capital.
You're excited by the opportunity to shape actuarial practice and help drive impact in a scaling fintech What you'll bring?
Part or nearly qualified actuary (IFo A or equivalent) with a background in general insurance.
Confident with large datasets and technical tools including Python, R or SQL, with strong ability to build and assess actuarial models.
Perks of the job Spend one day a week with your team in our collaborative London office, and own your own working hours.
The rest is up to you Competitive discretionary bonus scheme - designed to reward and recognise high performance Flexible benefits budget - 50 per month to spend on a Ben Mastercard meaning you get your own benefits budget to spend on things you want.
Mental wellbeing support – Access therapy and mental health sessions through Oliva Learning and development – Personal budgets for books and training courses to help you grow in your role.
to further your skillset Private health care - Enjoy all the benefits Vitality has to offer, including reduced gym memberships and discounts on smartwatches Medical cash plan - To help you with the costs of dental, optical and physio (plus more!)Initial call with a member of our Talent Acquisition team (45 mins)A past-experience interview & competency interview (60 mins)A technical interview onsite, delving into the technical aspects of the role (2 hours)A culture interview to check that your work style fits our processes and values (60 mins)We'll let you know if you're invited to an interview or not.
Attuario - Insurance in London employer: Marshmallow
Marshmallow is an exceptional employer, offering a dynamic work environment where innovation meets collaboration. As a Motor Pricing Actuary, you'll not only lead critical pricing initiatives but also enjoy a flexible working arrangement that promotes work-life balance, alongside competitive benefits such as a discretionary bonus scheme and personal development budgets. With a strong focus on employee growth and mental wellbeing, Marshmallow fosters a culture of support and empowerment, making it an ideal place for those looking to make a meaningful impact in the fintech space.
StudySmarter Expert Advice🤫
We think this is how you could land Attuario - Insurance in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Marshmallow). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Marshmallow. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Attuario - Insurance in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Marshmallow.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Marshmallow. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Marshmallow
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Marshmallow to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Marshmallow, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Marshmallow's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
