Divisional Pricing Actuary - Marine

Responsibilities Actuarial pricing delivery Own and deliver technical pricing across all assigned classes of business, including case pricing, portfolio pricing and ad hoc analytical work Maintain independent and objective pricing views, remaining commercially aware and sensitive to business needs without being subject to commercial pressure in forming analytical judgements Conduct calibration exercises across assigned classes to reduce model adjustments, bias and noise in deployed pricing models Review underwriting adjustments to model outputs, assessing their suitability and escalating material concerns to the Head of Pricing (International) where appropriate Ensure appropriate pricing controls are embedded within all models deployed to the assigned division Contribute to business planning for all classes within the divisional remit, coordinating the pricing function's input alongside other actuaries Model ownership Maintain awareness of how pricing systems are implemented and maintained — including the hx Renew platform and other pricing tools in use — to enable effective oversight, informed sign-off and productive collaboration with the Technical Pricing team; Provide specifications and requirements for model developments to the Technical Pricing team, taking ownership of the output once tested and deployed; Adhere to all pricing governance policies in force, including those governing the review, approval and release of models into production; Deliver training to underwriting teams on deployed pricing models, ensuring underwriters understand model mechanics, outputs and appropriate use. Business partnership Represent the pricing function at Pricing Committee, presenting items originating from the assigned division Provide actuarial challenge on pricing-related matters, maintaining a clear boundary between actuarial and underwriting judgement Support functions outside of underwriting — including Finance, Reserving, Risk and Capital — on actuarial pricing matters pertaining to the assigned division, ensuring a consistent and well‑informed pricing view is available across the business Act as the primary point of contact for regulatory queries relating to class‑specific pricing matters, coordinating responses in conjunction with relevant stakeholders as required, including Lloyd's and PRA/FCA requirements and contributions to Actuarial Function Reports (AFRs). Analytics Proven pricing knowledge across London Market or specialty lines of business, including delegated authority contracts and large open market accounts; Ability to maintain independent and objective analytical views in a commercial environment, with strong awareness of the boundary between actuarial and underwriting judgement; Experience delivering case pricing, calibration exercises, MI development and portfolio analysis; Strong collaboration and stakeholder management skills, with demonstrated ability to build trusted relationships with underwriting teams; Experience managing or directing junior actuarial staff, including technical supervision and peer review; Strong written and verbal communication skills, including experience presenting to senior stakeholders. Preferred Experience working across multiple lines of business or in a divisional actuary capacity within the London Market; Familiarity with pricing software and model governance frameworks, including experience using or overseeing hx Renew or similar platforms; Experience with programming in Python or R; Knowledge of Lloyd's regulatory requirements, AFR processes and PRA/FCA pricing‑related conduct expectations; Experience contributing to business planning, capital allocation or reserving feedback cycles. Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people. Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest‑growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever‑changing marketplace. Join us and become part of our talented and passionate workforce. About/Careers #J-18808-Ljbffr