Overview
Key responsibilities including but not limited to the following:
- You will lead the setting of central pricing bases and agree product terms across Income Protection, Group Life, Group Dependants and Group Critical Illness products
- Own and deliver pricing reviews, annual experience investigations, and recommendations for changes to pricing assumptions, ensuring appropriate peer and risk reviews are completed
- Monitor emerging risk trends, new money rates, expenses and cost of capital, recommending pricing adjustments where needed to keep their approach commercially robust and within risk appetite
- Play a key role in pricing governance, preparing clear reports and presenting recommendations to senior forums including the Pricing Governance Group, Strategic Revenue Price Group and other committees
- Work closely with key partners across Financial Underwriting, Distribution, Marketing and DT&T, helping to translate pricing insight into practical commercial decisions
Overview
Key responsibilities including but not limited to the following:
- You will lead the setting of central pricing bases and agree product terms across Income Protection, Group Life, Group Dependants and Group Critical Illness products
- Own and deliver pricing reviews, annual experience investigations, and recommendations for changes to pricing assumptions, ensuring appropriate peer and risk reviews are completed
- Monitor emerging risk trends, new money rates, expenses and cost of capital, recommending pricing adjustments where needed to keep their approach commercially robust and within risk appetite
- Play a key role in pricing governance, preparing clear reports and presenting recommendations to senior forums including the Pricing Governance Group, Strategic Revenue Price Group and other committees
- Work closely with key partners across Financial Underwriting, Distribution, Marketing and DT&T, helping to translate pricing insight into practical commercial decisions
Qualifications Required
- You’ll have a degree-level education, ideally 2:1 or above, in a subject with significant mathematical or statistical content
- You’ll be a qualified actuary with strong post-qualification experience, ideally gained within life, health or protection insurance
Experience Required
- You’ll bring strong pricing experience, with the technical confidence to review assumptions, investigate experience and make sound recommendations in a complex commercial environment
- You’ll be highly numerate, comfortable working with data and pricing models, and confident using IT tools to support analysis and decision-making
- You’ll have excellent communication and stakeholder management skills, with the ability to produce clear, concise reports and present technical recommendations to senior audiences
- You’ll be able to balance technical rigour with commercial judgement, managing competing priorities and delivering high-quality work under pressure
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SENIOR ACTUARIAL MANAGER, PRICING, 30079 employer: The Emerald Group Ltd, Search and Selection
Join a forward-thinking UK insurance business that champions innovation and collaboration in the Pricing function. With a hybrid work model allowing for flexibility, employees benefit from a supportive culture that prioritises professional growth and development, alongside competitive remuneration and comprehensive benefits. This role not only offers the chance to influence pricing strategy but also fosters strong interdepartmental relationships, making it an ideal environment for those seeking meaningful and impactful work.
Contact Details:
The Emerald Group Ltd, Search and Selection Recruitment Team