Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Build innovative pricing models and drive impactful business decisions.
- Company: Join Acorn Insurance, a fast-growing leader in specialist motor insurance.
- Benefits: Enjoy 31+ days of annual leave, enhanced parental pay, and wellness support.
- Why this job: Make a real impact in a dynamic team while shaping pricing strategies.
- Qualifications: Experience in data science or actuarial roles with strong Python skills.
- Other info: Be part of a diverse culture that values your contributions and growth.
The predicted salary is between 36000 - 60000 ÂŁ 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.
Job Title: Pricing Actuary
Location: Liverpool or London on a hybrid basis
Working hours: 37.5 hours per week, Monday to Friday, 9am to 5:30pm
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 earning 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
About Acorn Insurance
With over 40 years of experience, Acorn Insurance is a specialist provider dedicated to helping individuals secure motor insurance across the UK. We proudly serve more than 50,000 customers, ensuring they find policies that meet their needs and provide the peace of mind that comes with high-quality cover.
At Acorn Insurance, we offer comprehensive training and continuous in-house coaching. You\’ll receive in-depth, FCA-regulated industry knowledge and all the tools necessary to grow your career with us.
We celebrate diversity and are committed to fostering a culture where everyone feels respected and valued. As a Disability Confident employer, we ensure our workplace is accessible and inclusive, encouraging our people to bring their best selves to work every day.
The Acorn Group has been recognised as a Great Place to Work for 2024/5.
Why Acorn Insurance?
Acorn Insurance want to give you more than a job, we want to give you a purpose and a career. So, what can we offer you as an employer? Some of the \”your tomorrow\” benefits you will receive include:
- Enhanced Annual Leave entitlement starting at 31 days and potentially increasing to 35 days per year depending on grade & length of service (including bank holidays)
- Enhanced paternity pay and 16 weeks full maternity pay.
- Colleague Assistance programme offers a suite of wellbeing services such as:
- 6 Free Counselling sessions per year
- Unlimited access to a telephone councillor 24/7
- Access to a free 4-week programme of cognitive behavioural therapy (CBT) with a trained therapist mentor.
- Network of internal qualified mental health first aiders are available to provide support to colleagues.
- A core level of life assurance with the option to increase cover via salary sacrifice and add your spouse/partner
- Ability to access your earnings before payday via Dayforce Wallet.
- Refer a friend scheme with a ÂŁ250 bonus for every colleague recommended on passing their probation period.
- Access to a flexible benefits platform including an annual flex pot allowance to spend on over 15 benefits of your choice.
- Ability to give back. You can opt into donating money to charity to climate positive organisations directly from your salary.
Reward, Recognition and Culture:
- Long Service Award paid on 5,10- and 15-years’ service
- A reward and recognition hub to celebrate and reward colleagues and peers.
- Consistent and engaging company events including company awards, competitions and charity fundraisers.
- Budgets for department leaders to use for social and engagement events.
Visit our website to view more of our excellent work benefits!
All roles are subject to DBS and Financial checks, any offer made will be conditional until checks are completed to a satisfactory standard.
Due to the length of training and complexity of the role, we can only accept applications from candidates who have at least one year remaining on their (Graduate/ Post study work) visa. Unfortunately, we are unable to provide visa sponsorships.
At Acorn, we are committed to creating an inclusive and supportive work environment. Whether it’s modifying equipment, adjusting working hours, or providing additional support, we aim to ensure all employees can perform at their best. If you require any reasonable adjustments, please let us know during the application or interview process, and we will work with you to ensure your needs are met.
#J-18808-Ljbffr
Pricing Actuary employer: The Acorn Group
Contact Detail:
The Acorn Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and showcasing your skills. Use examples from your past experiences to demonstrate how you can add value to the Pricing team at Acorn.
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications with a friendly email. It shows your enthusiasm and keeps you on their radar. Plus, it’s a great way to ask about the next steps.
✨Tip Number 4
Check out our website for the latest job openings and apply directly. We love seeing candidates who are proactive and genuinely interested in joining our team at Acorn!
We think you need these skills to ace Pricing Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Actuary role. Highlight your experience in statistical modelling and data science, especially any work with Python and UK motor pricing. 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 you can contribute to our team. Be sure to mention any innovative solutions you've implemented in previous roles that could benefit us.
Showcase Your Communication Skills: Since you'll be presenting insights to senior stakeholders, it's crucial to demonstrate your ability to communicate complex ideas clearly. In your application, give examples of how you've successfully translated technical details for non-technical audiences.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team. We can't wait to hear from you!
How to prepare for a job interview at The Acorn Group
✨Know Your Numbers
As a Pricing Actuary, you'll be expected to have a solid grasp of statistical models and data analysis. Brush up on your knowledge of GLMs and GBMs, and be ready to discuss how you've applied these in previous roles. Prepare examples that showcase your ability to enhance risk cost predictions.
✨Showcase Your Python Skills
Since proficiency in Python is crucial for this role, make sure you can talk about specific projects where you've used it for data handling and predictive modelling. Consider preparing a mini-case study or example that highlights your coding skills and how they contributed to successful outcomes.
✨Communicate Clearly
You'll need to present insights to senior stakeholders, so practice translating complex technical details into simple terms. Think of ways to explain your past projects in a way that anyone could understand, regardless of their technical background. This will demonstrate your strong communication skills.
✨Be an Independent Thinker
The Acorn Group values self-starters who can think independently. Prepare to discuss times when you've identified innovative solutions or driven pricing initiatives on your own. Highlight your problem-solving abilities and how you've made a tangible impact in your previous roles.
