At a Glance
- Tasks: Join our Pricing team to develop and validate pricing models for Marine insurance.
- Company: MSIG Specialty Marine, part of a top-10 global insurance group.
- Benefits: Flexible working, competitive salary, and strong focus on career development.
- Other info: Collaborative environment with opportunities for continuous learning and travel.
- Why this job: Make an immediate impact in a visible role with real business influence.
- Qualifications: Experience in pricing, ideally within commercial insurance or the London Market.
The predicted salary is between 60000 - 75000 £ per year.
Location: London | Flexible / Hybrid working
Are you a commercially minded pricing actuary or senior pricing analyst looking for a role where you can make an immediate impact? At MSIG Specialty Marine, our actuaries are central to how we understand, assess and manage risk. This is a key role within our Pricing team, supporting Marine classes across approximately EUR 400m gross written premium.
We are looking for someone who can bring strong technical pricing experience, sound actuarial judgement and the confidence to work closely with underwriters, product leads and senior stakeholders. This is an urgent and important hire for the team, offering the opportunity to step into a visible role where your work will directly support pricing decisions, portfolio performance and model development across the business.
The role involves joining a specialist Pricing team providing analytical and technical pricing support across our Marine portfolio. You will work closely with Pricing Actuaries, underwriters, underwriting management and teams to help develop, validate and deploy pricing models, while also supporting the business with case pricing, renewal monitoring, portfolio reviews and pricing insights.
This role would suit someone with strong commercial pricing experience, ideally gained within the London Market or specialty/commercial insurance environment.
What you’ll be doing:
- Developing and maintaining strong relationships with Pricing Actuaries, underwriters, product leads and underwriting management.
- Assisting with the development and deployment of pricing models into pricing platforms.
- Ensuring pricing models comply with the Technical Pricing Framework.
- Analysing internal and external data to build, test and validate technical pricing models.
- Supporting underwriters with actuarial and technical pricing matters, including case pricing, renewal monitoring, expected loss cost calculations and business planning day-to-day pricing supports.
- Challenging assumptions and decisions where appropriate, bringing an independent pricing view.
- Supporting Pricing Portfolio Reviews and providing insight into the quality and performance of risks written.
- Maintaining and developing management information for analysis and reporting.
- Liaising with other teams, including Catastrophe Modelling, Reserving and Capital modelling, ensuring consistence between pricing, risk and capital frameworks.
What we’re looking for:
- Strong experience in pricing, ideally within commercial insurance, specialty lines or the London Market.
- A background as a Senior 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.
- With minimum three or more years’ relevant pricing experience, with the ability to add value 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 senior stakeholders and underwriters.
- 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.
About MSIG Specialty Marine: MSIG Specialty Marine is part of MS&AD, a global top-10 insurance group. We bring together specialist insurance businesses across global reinsurance, Lloyd’s, local specialty insurance and business services. Our Pricing team plays a key role in helping the business understand risk, support underwriting decisions and drive sustainable portfolio performance. This is a great opportunity for a technically strong and commercially focused pricing professional to join a specialist business and play an important role in the continued development of our pricing capability.
Interested? We would be pleased to hear from experienced pricing analysts or actuarial pricing professionals who are ready to take the next step in their career.
Senior Pricing Analyst in London employer: MS Amlin Corporate Services Limited
At MSIG Specialty Marine, we pride ourselves on being an excellent employer, offering a dynamic and supportive work environment in the heart of London. Our flexible and hybrid working options, coupled with a strong focus on employee wellbeing and continuous learning, ensure that our team members can thrive both personally and professionally. Join us to make a meaningful impact in the insurance industry while enjoying a culture that values diversity, innovation, and collaboration.
Contact Details:
MS Amlin Corporate Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. Be ready to showcase your technical skills and how they relate to the role. Confidence is key, so believe in what you bring to the table!
✨Showcase Your Skills
Don’t just talk about your experience; demonstrate it! Bring examples of your work or case studies to interviews. This will help you stand out and show how you can add value right from the start.
✨Apply Through Our Website
Make sure to apply through our website for the best chance at landing that Senior Pricing Analyst role. It shows you're genuinely interested and gives us a direct line to your application!
We think you need these skills to ace Senior Pricing Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your relevant experience in pricing, especially within commercial insurance or the London Market. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing and how your background makes you a great fit for our team. Don't forget to mention any specific experiences that relate to the job description.
Showcase Your Technical Skills:Since this role involves technical pricing models, be sure to highlight your proficiency in Excel and any programming languages like SQL or Python. We love seeing candidates who can bring strong technical skills to the table!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're keen on joining our team at MSIG Specialty Marine!
How to prepare for a job interview at MS Amlin Corporate Services Limited
✨Know Your Numbers
As a Senior Pricing Analyst, you'll need to demonstrate your strong technical pricing experience. Brush up on key metrics and be ready to discuss how you've used data analysis to influence pricing decisions in the past. Prepare examples that showcase your ability to develop and validate pricing models.
✨Build Relationships
This role involves working closely with underwriters and senior stakeholders. Think about how you can highlight your communication skills during the interview. Share experiences where you've successfully collaborated with different teams, and be prepared to discuss how you would approach building relationships in this new role.
✨Showcase Your Problem-Solving Skills
Expect questions that challenge your actuarial judgement and problem-solving abilities. Prepare to discuss specific instances where you've had to challenge assumptions or decisions. Use the STAR method (Situation, Task, Action, Result) to structure your answers and clearly illustrate your thought process.
✨Stay Current with Industry Trends
The insurance market is always evolving, so it's crucial to stay informed about the latest trends and challenges. Research recent developments in the London Market and specialty insurance. Be ready to discuss how these trends might impact pricing strategies and how you can contribute to the team's success.
