At a Glance
- Tasks: Join our Pricing team to develop and validate pricing models for Marine insurance.
- Company: MSIG Specialty Marine, a leader in the insurance industry with a collaborative culture.
- Benefits: Competitive salary, flexible working, career development, and wellbeing support.
- Other info: Dynamic environment with opportunities for continuous learning and global travel.
- Why this job: Make a real impact in pricing decisions and enhance your actuarial expertise.
- Qualifications: Experience in pricing, strong analytical skills, and a degree in a quantitative discipline.
The predicted salary is between 60000 - 80000 £ per year.
Location: London | Flexible / Hybrid working
Are you a commercially minded pricing actuary or pricing analyst looking for a role where you can develop your expertise and make a real impact? At MSIG Specialty Marine, our actuaries are central to how we understand, assess and manage risk. This role sits within our Pricing team, supporting Marine classes across approximately EUR 400m gross written premium.
The role involves joining a specialist Pricing team providing analytical and technical pricing support across our Marine portfolio. You will work closely with other Pricing Actuarial Analysts, Pricing Actuaries, underwriters, Underwriting Management and wider business teams to help develop, validate and deploy pricing models. You will also support the business with case pricing, renewal monitoring, portfolio reviews, pricing insights and other actuarial-related matters.
This role would suit someone with commercial pricing experience, ideally gained within the London Market or a specialty/commercial insurance environment, who is ready to continue building their actuarial and pricing expertise.
What you’ll be doing:
- Developing a strong working relationship with other Pricing Actuarial Analysts, Pricing Actuaries, underwriters and Underwriting Management within the Insurance Division.
- Assisting in the development and deployment of pricing models into pricing platforms, ensuring models comply with the Technical Pricing Framework and Pricing Policy.
- Preparing and analysing external and internal data to build, test and validate technical pricing models.
- Supporting underwriters with actuarial and technical matters, including case pricing, renewal monitoring, expected loss cost calculations and appropriate challenge where required.
- Supporting the business and underwriters on other actuarial-related matters.
- Working with management to monitor and improve business performance, including through Pricing Portfolio Reviews, and providing an independent opinion on the quality of risks written.
- Maintaining and developing management information available for analysis and reporting.
- Liaising with other functions within the company, including Catastrophe Modelling and Underwriting Modelling Development, where required.
- Continuing to work towards full actuarial or a similar qualification.
What we’re looking for:
- Experience in pricing, ideally within commercial insurance, specialty lines or the London Market.
- A background as a Pricing Analyst, Actuarial Pricing Analyst or similar.
- A degree in Mathematics, Statistics, Actuarial Science or a closely related quantitative discipline.
- Progress towards actuarial qualification, or equivalent actuarial/pricing experience.
- Around three or more years’ relevant pricing experience, with the ability to contribute quickly.
- Strong Excel skills.
- Experience using programming languages such as SQL, VBA or similar.
- Excellent communication skills, with the ability to explain complex analysis clearly to non-technical stakeholders.
- Confidence working with underwriters and business stakeholders.
- Strong attention to detail, problem-solving ability and commercial judgement.
Experience that would be especially valuable:
- Python
- Pricing model development or model transition work
- Emblem, R or similar actuarial/pricing software
- London Market or specialty insurance pricing
- Working closely with underwriters on technical pricing decisions
You’ll enjoy this role if you…
- Enjoy applying maths, statistics and actuarial thinking to real business problems.
- Like working closely with underwriters and commercial stakeholders.
- Can translate complex data into clear, practical insight.
- Enjoy building and improving pricing models.
- Want to be part of a team where your contribution will be visible and valued.
- Are comfortable working in a busy environment where priorities can change.
What you can expect from us:
- A competitive salary and benefits package.
- Flexible and hybrid working.
- A supportive and collaborative team environment.
- An open culture where new ideas and better ways of working are encouraged.
- A strong focus on diversity, inclusion and equal opportunities.
- Wellbeing and mental health support.
- Employer-supported volunteering.
- Continuous learning and structured career development.
- A competitive actuarial study support package.
- Opportunities to travel across six global underwriting hubs.
Pricing Actuarial Analyst in London employer: MS Amlin Corporate Services Limited
At MSIG Specialty Marine, we pride ourselves on being an excellent employer that fosters a supportive and collaborative team environment. Our flexible and hybrid working options, combined with a strong focus on diversity and inclusion, ensure that every employee feels valued and empowered to contribute their ideas. With continuous learning opportunities and a competitive actuarial study support package, we are committed to your professional growth while you make a meaningful impact in the dynamic world of marine insurance.
Contact Details:
MS Amlin Corporate Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuarial Analyst in London
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We think you need these skills to ace Pricing Actuarial Analyst 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 MS Amlin Corporate Services Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at MS Amlin Corporate Services Limited. 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 MS Amlin Corporate Services Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at MS Amlin Corporate Services Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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As a full-timer at MS Amlin Corporate Services Limited, 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 MS Amlin Corporate Services Limited'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.
