At a Glance
- Tasks: Build innovative statistical models and drive pricing strategies in a dynamic team.
- Company: Join Acorn Group, a fast-growing leader in specialist motor insurance.
- Benefits: Enjoy up to 35 days holiday, mental health support, and flexible working options.
- Other info: Great career growth opportunities and a commitment to inclusivity.
- Why this job: Make a real impact with your data skills in a supportive, people-first culture.
- Qualifications: Experience in data science or actuarial roles, with strong Python skills.
The predicted salary is between 63000 - 77000 £ per year.
The Acorn Group is one of the fastest growing insurance businesses in the UK, delivering specialists motor insurance products through a unique and integrated model. With over £700m in GWP and exceptional performance in a highly competitive market, we’re on a mission to become the UK’s leading specialist motor insurer. We’re looking for outstanding pricing talent to join our high-performing Pricing team. You’ll have the opportunity to shape our pricing sophistication, implement innovative data science techniques and make a real impact in a business where your input truly matters.
As a Pricing Actuary, you will play a pivotal role in the delivery of pricing strategy and innovation across Private Car, Telematics, Commercial Vehicle, and Taxi products. Working with a small team of expert actuaries and data scientists you’ll help drive business-critical decisions using advanced statistical and machine learning models.
What you will be doing:
- Build statistical and machine learning models to enhance risk cost and profitability predictions
- Conduct data analysis to support segmentations, performance monitoring and modelling enhancements
- Identify and implement innovative solutions for pricing and policy growth
- Present insights and solutions clearly to senior stakeholders
- Contribute to our dynamic and fast-paced pricing roadmap
What we are looking for:
- A background in statistical, data science or actuarial roles
- Proficiency in Python for data handling and predictive modelling
- 2+ years UK motor pricing experience, ideally building GBMs
- Solid understanding of GI pricing, GLMs and machine learning techniques
- Strong communication skills, with the ability to translate technical detail for non-technical stakeholders
- A proven ability to deliver pricing initiatives with tangible results
- Independent thinker, self-starter and a problem solver
- A mathematical degree with strong academic performance is desirable
- Bonus: Experience with Emblem, Radar, Radar Live, or Databricks
Benefits:
- A maximum of 35 days’ holiday (depending on role and tenure) including bank holidays, with additional buy/sell options
- 24/7 mental health support & free counselling available
- Grow with us: Through career fairs, leadership programs, and learning on the go!
- Flexible benefits, including early access to salary via our internal platform
- Hybrid working options to support work-life balance and individual needs
- Recognition awards, social events & more
Our Commitment to our colleagues:
- Mindful Employer – championing mental health and wellbeing
- Disability Confident Level 1 & 2 – creating accessible, inclusive opportunities
- Menopause Friendly accredited – supporting every stage of life
- Armed Forces Covenant signatory – honouring those who serve
- Great Places to Work 2024/25 – fostering an engaging and positive workplace culture
- Best Place to Work for Development – proud to be investing in people’s future
- Best Place to Work for Women – breaking down barriers to women's career progression
If you’re looking for a company with a strong culture, real career progression, and a people-first approach — all rooted in the heart of Liverpool — Grow with Acorn.
A Few Things to Know Before You Apply:
- If your application is successful, we will commence relevant employment checks prior to you commencing employment with us. These will include a standard criminal record check and an insolvency register check.
- Visa Requirements: Because our training is quite comprehensive, we can only consider applicants who have at least one year remaining on their Graduate or Post-Study Work visa. At the moment, we’re not able to offer visa sponsorship.
- We’re Here to Support You: We’re committed to creating an inclusive, supportive workplace where everyone can flourish. If you need any adjustments during the recruitment process—or once you’re part of the team—just let us know.
Pricing Actuary - Hybrid, Data-Driven Motor Insurance in London employer: The Acorn Group
The Acorn Group is an exceptional employer located in Bromley, Kent, offering a dynamic work environment where you can thrive as an Assistant Property Manager. With comprehensive training and clear pathways for career progression in the build to rent sector, employees are encouraged to grow and develop their skills. The supportive team culture and commitment to employee development make this an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary - Hybrid, Data-Driven Motor Insurance in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like The Acorn Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like The Acorn Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Pricing Actuary - Hybrid, Data-Driven Motor Insurance 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 The Acorn Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at The Acorn Group. 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 The Acorn Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at The Acorn Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at The Acorn Group, 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 The Acorn Group'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.
