At a Glance
- Tasks: Develop and maintain pricing models for the Syndicate and MGA, ensuring compliance with Lloyd’s standards.
- Company: Leading actuarial firm in London with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Exciting role with a chance to work closely with senior industry professionals.
- Why this job: Join a dynamic team and shape the future of pricing in the insurance industry.
- Qualifications: Around 5 years’ experience in the London market and advanced pricing knowledge.
The predicted salary is between 60000 - 80000 £ per year.
The Actuary will be responsible for developing the pricing role of the Actuarial Function for the Company, working closely with the Chief Actuary and Senior Underwriters.
Location: London
Type: Permanent
Responsibilities
- Building and continuing maintenance of pricing models for the Syndicate and MGA
- Ensuring model outputs capture all relevant information, for example, Syndicate pricing models meet the requirements of the Lloyd’s PMD and Lloyd’s principles
- Develop data and infrastructure/systems to provide optimum pricing tools for the business including development of management information including rate change monitoring
- Validate models at regular intervals using benchmark data, historical data & scenario generated outcomes. Review model usage
Qualifications
- Circa 5 years’ experience in the London market, preferably with Lloyd’s experience
- Advanced knowledge of pricing
- Exposure to and knowledge of reserving and capital models
- Member of the Institute & Faculty of Actuaries
Pricing Actuary – 28860 employer: The Emerald
As a leading player in the London insurance market, our company offers an exceptional work environment for Pricing Actuaries, fostering collaboration with experienced professionals like the Chief Actuary and Senior Underwriters. We prioritise employee growth through continuous learning opportunities and provide a supportive culture that values innovation and excellence, making it an ideal place for actuaries to thrive in their careers.
We think you need these skills to ace Pricing Actuary – 28860
Pricing Model Development
Lloyd's PMD Compliance
Data Infrastructure Development
Management Information Systems
Model Validation
Benchmark Data Analysis
Historical Data Analysis
