At a Glance
- Tasks: Lead pricing reviews and shape strategy for group protection products.
- Company: Join a leading group insurer with a strong reputation.
- Benefits: Competitive salary, career progression, and mentorship opportunities.
- Why this job: Make impactful decisions and influence key business strategies.
- Qualifications: Qualified actuary with experience in insurance pricing.
- Other info: Collaborative environment with opportunities to develop talent.
The predicted salary is between 48000 - 72000 £ per year.
Eames is partnering with a leading group insurer to appoint a Senior Pricing Manager on a fixed-term basis, covering a critical senior pricing role. This position offers significant visibility across the business, ownership of core pricing frameworks, and the chance to shape strategy across a broad group protection portfolio.
You’ll take a lead role in setting and maintaining central pricing bases across Group Income Protection, Group Life, Group Dependants and Group Critical Illness, while acting as a key adviser to senior stakeholders and governance forums.
Key responsibilities- Lead end-to-end pricing reviews across multiple group protection products, including experience analysis, assumption setting and peer/risk review oversight.
- Own the monitoring of emerging experience, market and risk trends, recommending pricing and basis changes in line with risk appetite.
- Deliver annual investigations covering claims experience, expenses, cost of capital and investment yield assumptions.
- Maintain strong pricing governance and controls, ensuring robustness, transparency and regulatory alignment (including Consumer Duty and fair value considerations).
- Act as a senior pricing representative at governance committees, preparing high-quality papers and presenting recommendations to executive audiences.
- Manage risk exposure across the portfolio, including accumulation and overseas lives.
- Line manage and mentor actuarial students and newly qualified actuaries, supporting both technical development and career progression.
- Drive continuous improvement in pricing processes, tools and ways of working.
- Build and maintain close working relationships with Financial Underwriting, Distribution, Marketing and other key partners.
- Qualified actuary with strong post-qualification experience in insurance pricing.
- Background in life and/or health insurance; group protection experience beneficial but not essential.
- Solid technical grounding, with experience of experience analysis and pricing methodologies (GLM knowledge an advantage).
- Confident communicator, comfortable influencing senior stakeholders and contributing at committee level.
- Proven people manager with a collaborative leadership style and a passion for developing talent.
- Commercially minded, with the ability to balance technical rigour, risk management and customer outcomes.
This is an excellent opportunity for a senior pricing actuary looking to step into a visible leadership role, influence business-critical decisions, and gain exposure at the highest levels of a well-regarded insurer.
Senior Actuarial Manager - Pricing employer: The Actuary
Contact Detail:
The Actuary Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Manager - Pricing
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars, and don’t be shy about introducing yourself to potential employers. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by brushing up on your technical knowledge and soft skills. Practice common interview questions related to pricing and risk management. We recommend doing mock interviews with friends or mentors to build your confidence and get feedback.
✨Tip Number 3
Showcase your leadership skills! When discussing your experience, highlight instances where you’ve led teams or projects. We want to see how you can influence decisions and mentor others, especially in a senior role like this one.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform. Let’s get you that Senior Pricing Manager role!
We think you need these skills to ace Senior Actuarial Manager - Pricing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the key responsibilities and skills mentioned in the job description. Highlight your experience in pricing, governance, and stakeholder management to show us you’re the perfect fit for this Senior Pricing Manager role.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about actuarial work and how your background aligns with our needs. Don’t forget to mention any relevant experience in group protection or life insurance.
Showcase Your Leadership Skills: Since this role involves managing and mentoring others, make sure to highlight your leadership experience. Share examples of how you've developed talent and influenced teams in your previous roles to give us a sense of your collaborative style.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
As a Senior Actuarial Manager, you'll need to demonstrate your expertise in pricing methodologies and experience analysis. Brush up on key metrics and be ready to discuss how you've applied them in past roles. This will show that you can hit the ground running.
✨Showcase Your Leadership Skills
Since this role involves managing and mentoring actuarial students and newly qualified actuaries, prepare examples of how you've successfully led teams in the past. Highlight your collaborative leadership style and any initiatives you've taken to develop talent.
✨Prepare for Stakeholder Engagement
You'll be influencing senior stakeholders and presenting at governance committees, so practice articulating your ideas clearly and confidently. Think about how you can tailor your communication style to different audiences, ensuring your recommendations are compelling and well-supported.
✨Stay Current with Market Trends
Understanding emerging market trends is crucial for this role. Research recent developments in group protection products and be prepared to discuss how these trends could impact pricing strategies. This shows you're proactive and commercially minded, which is exactly what they’re looking for.