Senior Pricing Actuary Specialty – 27799 Full Time

The Emerald Group

The role is responsible for carrying out deal level pricing (outside of the algorithm) for material or complex risks, or facility deals – providing challenge and direction. They are responsible to manage, maintain and develop the deal level pricing model(s) outside of the algorithm, including documentation and relevant regulatory reporting/communication

• Location: London
• Category: Non-life Actuarial
• Type: Permanent

Key Responsibilities:

• Responsible for delivering deal level case pricing for the Specialty division, with a focus on material and complex deals. Providing SME class and market knowledge to supplement and challenge
• Responsible for building best-in-class pricing model(s) that sit outside of the algorithm including the technical build, development, and maintenance, adopting innovative and sophisticated techniques, utilising tech solution
• Carry out model validation and recalibration exercises, assessing and communicating the impact of model changes
• Embedded day-to-day sat within in the Specialty division team in Portfolio Underwriting Team within the company, working side by side with the Underwriters to enhance commercial and strategic approach using creative actuarial insight and innovative solutions
• Qualified Actuary (FIA, FFA or equivalent)
• Obtained a relevant, numerate degree with a good overall grade
• Experience of managing a small team of actuaries/analysts/students and prioritising others’ workloads
• Project management with moderate guidance and direction ensuring delivery of your work to achieve their goals and meet deadlines
• Sound commercial general insurance Lloyd’s/company market experience
• Excellent IT skills, in particular an advanced/intermediate level of MS Excel, SQL and Python, with experience in other coding languages welcome in addition
• Data science skills and a proven track record of applying them effectively in an insurance setting are beneficial