Head of Pricing - Partnerships and Third-Party MGA in London

The Partnerships pricing function supports the underwriting of portfolios through our in-house Pine Walk MGA incubator platform and external delegated authority relationships. We utilise the expertise of Fidelis Partnership’s product line pricing and catastrophe modelling teams and provide strategic support and data-driven analytical insights and help to manage key underwriting relationships. The Partnerships business is truly multi-line, writing insurance and reinsurance business across a number of property and specialty classes, niche and esoteric risks, and to both large commercial organisations through to SMEs.

Job responsibilities

• Manage Pine Walk MGU underwriting cells, including analysing key underwriting KPIs and presenting findings at monthly and quarterly performance meetings.
• Review new MGA business opportunities (Pine Walk and non-Pine Walk) and evaluate price adequacy and profitability of existing portfolios.
• Lead modelling, analysis, and strategic input for outwards reinsurance purchasing decisions across Pine Walk MGU cells and other MGA/delegated relationships; assess reinsurance effectiveness, alternatives, and pricing in partnership with the capital modelling team to evaluate capital and risk implications.
• Conduct portfolio reviews to ensure coverholders operate within agreed risk appetites and underwriting mandates; profile key business features and exposures, assess historical and current profitability, and recommend improvements whilst maintaining client needs.
• Collaborate with Fidelis product line pricing and modelling teams across property, specialty, and credit/bespoke lines.
• Coordinate Pine Walk pricing and reporting, including Lloyd’s requirements, model deployment, governance reviews, and performance reporting to management.
• Calculate profit commissions in accordance with contractual terms.
• Enhance data quality and infrastructure; develop tools to visualise and interrogate information for better understanding of policy exposures and claims drivers.
• Perform sensitivity analysis on open claims to provide an early warning of ultimate claim movements and apply the same approach for renewal pricing analyses.
• Support business planning activities.

Required qualifications, skills, and experience

• Qualified actuary (Associate or Fellow).
• Demonstrated ability to apply actuarial expertise with a strong commercial mindset, combining technical knowledge with practical business insight.
• Strong awareness of all commercial insurance and reinsurance classes of business, market conditions, performance indicators, and technical valuation techniques.
• Advanced proficiency in Microsoft Excel.
• Experience with SQL, Python, and R or similar.

What we’re looking for

• Strong attention to detail with the ability to turn analysis into clear, actionable recommendations.
• Innovative thinker who balances technical and commercial considerations.
• Combines technical analysis with sound judgement to deliver insights for decision-makers.
• Proactive, quick learner with a strong work ethic and solution-focused approach.
• Effective communicator with experience engaging underwriters and brokers.
• Skilled at prioritising, meeting tight deadlines, and identifying key issues for smart decisions.
• Communicates analytical limitations constructively and collaborates to improve data and analysis.

FIDELIS ETHOS

• Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
• Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
• Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution.
• Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
• Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.

DIVERSITY AND INCLUSION

Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We believe that developing and maintaining a diverse and inclusive organisation is critical to our success. Our hiring, assessment and selection process must be fair, free from bias and one which ensures we select the right person for the job, based on merit. We welcome applications from all qualified candidates. To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.