Advanced Student Pricing Actuary - London

Job Title: Advanced Student Pricing Actuary - London
Contract Type: Permanent
Location: London, England
Salary: £45000 - £60000 per annum
: September/October 2019
REF: DBIA035_1562746671
Contact Name: Damian Bialozynski
Contact Email:
Job Published: 3 months ago

Job Description

A leading UK based Insurer is seeking to recruit a commercially focused, Part Qualified /Nearly Qualified Actuary who wants to develop their technical Pricing skill set within the fast-growing Protection Pricing team whilst developing your leadership skills through being responsible for two junior students.

There is huge scope for growth within this business and you'll achieve this by pro-actively developing relationships with a wide range of business areas within Insurance including the wider Commercial FD team, Underwriting Strategy, SWP Proposition and Commercial Teams, Client Services, IT, Customer Operations, Risk & Finance and externally such as the reinsurers.

Key accountabilities

The successful candidate will have the following responsibilities:

  • Play a key, strategic role within the Protection Pricing team
  • Support product development and price optimisation work
  • Add value to new business proposition developments with the aim of improving business profitability across the product lines and being the first choice for customers
  • Produce pricing reports and financial analysis for senior management on price changes and pricing assumptions
  • Perform premium reviews for reviewable products
  • Support reinsurance team with reinsurance strategy and retenders
  • Assume responsibility for projects, co-ordinating plans and resources to achieve agreed deliverable within the required time, cost and quality parameters
  • Plan, communicate and implement improvements to systems, processes and procedures, ensuring team commitment to any necessary changes