Marine Pricing Actuary in London

Marine Pricing Actuary in London

London Full-Time 60000 - 75000 £ / year (est.) No working from home possible
The Actuary

At a Glance

  • Tasks: Lead pricing initiatives and provide analytical support for Marine insurance.
  • Company: Leading specialist insurer in the London Market with a focus on innovation.
  • Benefits: Competitive salary, professional development, and significant ownership in projects.
  • Other info: Opportunity to mentor junior analysts and work with cutting-edge data technology.
  • Why this job: Make a real impact on pricing strategy and underwriting performance.
  • Qualifications: Qualified actuary or equivalent experience in general insurance pricing.

The predicted salary is between 60000 - 75000 £ per year.

An exciting opportunity has arisen for an experienced Pricing Actuary to join a leading specialist insurer operating within the London Market.

This role offers the chance to provide expert pricing insight, analytical challenge, and strategic support to help drive profitable growth for Marine.

As the lead pricing actuary for your area of responsibility, you will be responsible for delivering high‑quality case pricing, portfolio reviews, and analytical support while maintaining ownership of the pricing models used by the business.

Working closely with underwriting teams and senior stakeholders, you will provide independent actuarial judgement, develop meaningful management information, contribute to business planning activities, and help ensure robust pricing governance and model oversight across the portfolio.

You will also play an important role in mentoring actuarial analysts and influencing key pricing and underwriting decisions.

The ideal candidate will be a qualified actuary, or possess equivalent experience, with a strong background in general insurance pricing within the London Market or specialty insurance sector.

You will have a proven ability to combine technical excellence with commercial awareness, build trusted relationships with stakeholders, communicate complex actuarial concepts clearly, and provide leadership to more junior team members.

Experience with delegated authority business, portfolio management, pricing analytics, and tools such as Python or R would be advantageous.

This is an excellent opportunity for a commercially minded actuary who wants to have genuine influence on underwriting performance and pricing strategy.

In return, you will gain broad exposure across specialty insurance classes, significant ownership and visibility within the business, and the opportunity to contribute to a growing pricing and analytics capability that is investing heavily in data, technology, and actuarial excellence.

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Marine Pricing Actuary in London employer: The Actuary

At PMA, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored development programmes and the opportunity to lead impactful projects in the heart of the UK life insurance sector. With locations in London, Bristol, and Watford, we provide a vibrant environment where actuaries can thrive and make meaningful contributions to our clients' success.

The Actuary

Contact Details:

The Actuary Recruitment Team

We think you need these skills to ace Marine Pricing Actuary in London

Pricing Actuary Expertise
Analytical Skills
Case Pricing
Portfolio Reviews
Ownership of Pricing Models
Actuarial Judgement
Management Information Development