At a Glance
- Tasks: Lead strategic risk management and pricing decisions in a top insurance firm.
- Company: Join a leading general insurer during an exciting transformation phase.
- Benefits: Competitive salary, bonus, hybrid working, and extensive benefits package.
- Other info: Collaborate with senior executives and influence key business decisions.
- Why this job: Shape the future of insurance risk and pricing at a strategic level.
- Qualifications: Chartered actuary or equivalent with strong pricing and risk management experience.
The predicted salary is between 150000 - 150000 £ per year.
North Co Recruitment are working with one of the top general insurers to appoint a Head of Insurance Risk into their risk function as they drive through an exciting period of change. This is a technical risk role - built for an actuary with pricing experience who wants to deploy that technical depth to shape how the business makes strategic decisions, rather than remain a practitioner.
What you'll do:
- Own independent review and challenge of business strategy across pricing, underwriting, reserving and reinsurance risks.
- Lead the Insurance Risk Management Framework across the UK business, including risk appetite, breach management and recovery planning.
- Oversee product and deal approval processes, providing second-line challenge on new products, pricing models and performance against financial targets.
- Partner with the Actuarial team to ensure insurance risks are properly reflected in capital models, reserves and reinsurance strategy.
- Lead annual stress testing and scenario analysis, translating findings into actionable risk management decisions.
- Present insurance risk insights to senior management, board committees and regulators with credibility and authority.
What we're looking for:
- Chartered or fully qualified actuary, or equivalent senior-level insurance qualification.
- Substantive technical experience in pricing and/or actuarial, with a clear understanding of how pricing drives business revenue, growth and optimisation.
- A track record of providing independent challenge and oversight - comfortable holding a senior position in the room.
- Exceptional stakeholder management skills, with experience influencing senior executives, board members and regulators.
- Strong grounding in insurance products, market trends and the UK regulatory environment.
- Consultancy or insurer background both considered - direct insurance experience is preferred.
Hybrid working applies, with a mix of home and office-based collaboration. If you're looking for a Head of Insurance Risk role with genuine strategic ownership, a seat alongside the Chief Actuary, and scope to shape how risk and pricing interact at a group level, we'd be keen to speak.
Salary: c.£150,000 base, plus bonus and wider benefits. Location: Hybrid, London Based. Please note, the client is unable to offer sponsorship for this opportunity.
Head of Pricing Risk - P&C Insurer in London employer: North Co Recruitment
Join a leading general insurer that values innovation and strategic thinking, offering a dynamic work environment in London. With a strong focus on employee development, you will have the opportunity to shape risk management practices while collaborating closely with senior executives. Enjoy a competitive salary, hybrid working arrangements, and a culture that encourages professional growth and meaningful contributions to the business.
