At a Glance
- Tasks: Develop and deploy pricing models while supporting underwriters with analytical insights.
- Company: Join MSIG Specialty Marine, a leading global insurance group.
- Benefits: Enjoy competitive salary, flexible working, and strong career development support.
- Other info: Opportunities for travel and a focus on diversity and inclusion.
- Why this job: Make an immediate impact in a visible role within a collaborative team.
- Qualifications: Strong pricing experience and a degree in a quantitative discipline required.
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.
The role:
As a Senior Pricing Actuarial Analyst, you will join 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 consistency 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.
- 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:
- 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.
- 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 employer: MSIG Europe
At MSIG Specialty Marine, we pride ourselves on being an excellent employer that fosters a supportive and collaborative work environment. 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. With opportunities for career development and the chance to make a tangible impact in the marine insurance sector, we are committed to nurturing talent and encouraging innovative ideas.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst
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We think you need these skills to ace Senior Pricing Analyst
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