Pricing Manager (Financial Lines)

Working hours: This role is available on a part-time, job-share or full-time basis.

Location: London

Closing date for applications: 23rd March 2025

The opportunity

Are you looking to step up in your actuarial career? Are you looking to have your voice heard and make a real, measurable impact on our business? Are you looking for variety in your role whilst working alongside some of the best actuaries and underwriters in the market? Are you excited about joining a team that is constantly looking to innovate and explore the art of the possible? If so, this could be your next role and we would love to hear from you!

The location of this role can be flexible but travel to meet other team members and stakeholders in our London office on a regular basis will be required. As part of our hybrid working approach, you’ll also have the opportunity to work from home as well as joining our team in Mark Lane, London. Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.

What will you be doing?

• Within the Commercial Lines Pricing team, you will have the opportunity to work across multiple Specialties lines of business including but not limited to D&O, Professional Indemnity, Financial Institutions and Cyber.
• This role focuses on our Corporate business meaning that you get to work with on some of the largest and most complex insurance programmes in the market.
• You will primarily be responsible for assisting Specialties underwriting teams in bespoke pricing and performance analysis.
• Support the delivery of pricing and portfolio management solutions, across multiple portfolios, through advanced analytics, data analysis and modelling.
• Collaborate closely with local underwriting functions and Group actuarial and underwriting teams to scope, build, develop, document, and maintain pricing tools.
• Pricing of large individual accounts, often across multiple lines of business, whilst tailoring your approach and pricing techniques to the unique specifics of these highly complex risks.
• Provide regular training and support to the actuarial and underwriting communities with a specific focus on best practice.
• Collaborate with subject matter experts across claims, reserving, underwriting and finance to develop Country Underwriting Plan, demonstrating increasing knowledge of relevant disciplines and procedures, informing portfolio insights and profitability, and providing first-class service and analysis to local management and stakeholders.
• Manage a team, supporting junior analysts with their personal development and coaching them in their technical and non-technical skills.
• Ownership of all Specialties topics within Pricing team, including but not limited to monitoring of technical price assumptions and market pricing decisions.
• Regular monitoring and reporting of key trends and performance to senior stakeholders in the UK and to Group.
• Develop and maintain pricing and underwriting systems and incorporate efficiencies or improvements.
• Role model and contribute to a positive and supportive team culture.

What are we looking for?

• Educated to degree level
• Qualified actuary
• Experience gained in an actuarial role (ideally commercial lines / London market)
• Excellent knowledge of actuarial professional guidance
• Market, risk and business awareness
• Excellent knowledge of insurance products and industry
• Highly numerate and analytical
• Technical experience – MS Office suite, coding languages (R/Python, VBA, SQL)
• Communication and interpersonal skills
• Ability to manage own and other team members work portfolio

As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

What will you get in return?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

Who we are:

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet. With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry. We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.

Our Culture:

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.