At a Glance
- Tasks: Lead pricing and analytics for Specialty, Marine & Energy reinsurance portfolios.
- Company: Join Willis Re, a forward-thinking leader in the reinsurance market.
- Benefits: Diverse and inclusive work environment with equal opportunities for all.
- Other info: Mentorship opportunities and a focus on cutting-edge technology.
- Why this job: Shape the future of analytics in a dynamic, innovative team.
- Qualifications: Qualified Actuary with strong reinsurance pricing experience.
The predicted salary is between 74250 - 90750 £ per year.
The Role
Seeking an experienced Specialty, Marine & Energy Reinsurance Pricing Actuary.
We are looking for an experienced actuary to lead pricing and analytics across our Specialty, Marine & Energy treaty reinsurance portfolio.
Working closely with Brokers and Clients, you will develop pricing methodologies, analytical tools and portfolio insights that support business growth, client retention and placement strategy across a diverse range of Specialty classes.
This is an opportunity to help shape the future of Willis Re's analytics capability while working at the forefront of the global reinsurance market.
Key Responsibilities
- Lead pricing and portfolio analytics for Specialty, Marine & Energy treaty reinsurance business.
- Support business across Marine Hull & Machinery, Cargo, Marine Liability, Energy, Aviation, War and Political Violence classes.
- Develop and enhance actuarial models, pricing tools and analytical frameworks.
- Deliver experience, exposure and scenario-based analyses to support client and placement strategies.
- Partner with Brokers and Clients to translate analytical insights into commercial outcomes.
- Contribute to thought leadership, market insights and industry engagement.
- Mentor colleagues and promote technical excellence across the Analytics team.
- Leverage emerging technologies, including AI-enabled solutions, to drive innovation and efficiency.
About You
- Qualified Actuary (FIA, FCAS or equivalent).
- Strong reinsurance pricing experience within the London Market.
- Deep expertise in at least two Specialty, Marine or Energy classes, with a broad understanding across the wider portfolio.
- Experience developing pricing tools, methodologies or analytical capabilities.
- Strong communication skills with the ability to influence both technical and non-technical stakeholders.
- Commercially minded, innovative and comfortable operating in a fast-paced environment.
- Desirable Experience with catastrophe modelling and accumulation analysis.
- Python, SQL, Power BI or Tableau.
- Experience with stochastic pricing platforms such as Igloo.
- Practical application of Generative AI within actuarial or analytical workflows.
- About Willis Re
We combine specialist broking with analytics, modeling and research to help insurers optimize risk transfer, strengthen balance sheets and achieve sustainable growth.
Our approach is relationship-driven, transparent and outcome-focused.
At the heart of Willis Re is a focus on delivering the most cutting-edge analytical solutions to enable more informed, better decision making for risk selection, portfolio optimization, and capital management.
The launch of Willis Re brings a strategic advantage of being unhindered by legacy, an ability to leverage data, statistical models and advanced technologies with the best knowledge and expertise to deliver more efficient and effective reinsurance outcomes.
This places Willis Re in a unique position to build a truly analytically driven business, focused on creating solutions for the reinsurance industry that are future-led and forward thinking.
Willis Re will also leverage recognized technical expertise from WTW's Insurance Consulting & Technology business including their advanced modeling and analytical capabilities.
Alongside this will be WTW's Research Network, an award-winning business supporting and influencing science to improve the understanding and quantification of risk.
Willis Re is committed to embracing a diverse, inclusive, and flexible work environment.
We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories.
If you have a need that requires accommodation, please email us at
We're hiring people from all walks of life who are curious, collaborative and ambitious.
If you want to be part of a team that leads with heart, builds with courage and redefines what's possible in our industry, then this is your moment.
If you're curious, collaborative, and ambitious, you'll find the opportunity at Willis Re to shape something extraordinary.
We look forward to hearing from you!
Senior Actuary (Specialty, Marine & Energy Reinsurance Pricing Actuary) employer: Willis Re (UK) Limited
Willis Re (UK) Limited is an excellent employer, offering a dynamic work culture that fosters collaboration and innovation within the reinsurance sector. Employees benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that values integrity and accountability. Located in the heart of the UK, the company provides a unique chance to engage with industry leaders while contributing to meaningful risk and compliance initiatives.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary (Specialty, Marine & Energy Reinsurance Pricing Actuary)
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Willis Re (UK) Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Actuary (Specialty, Marine & Energy Reinsurance Pricing Actuary)
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Willis Re (UK) Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Willis Re (UK) Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Willis Re (UK) Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Willis Re (UK) Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Willis Re (UK) Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Willis Re (UK) Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
