Senior Actuary, Pricing

We are seeking a highly skilled and experienced Senior Actuary to join our dynamic pricing team in the Europe. The position is a part of international team, responsible for markets in Europe, with strong focus on UK market. This is an exciting opportunity to lead pricing strategies, influence decision-making, and contribute to the ongoing success of our organization. As a Senior Actuary, you will collaborate with cross-functional teams to deliver innovative solutions, ensuring the organization remains competitive in the market. 

What you do

• Pricing Strategy Development: 

o Lead the development and refinement of pricing models, ensuring alignment with business objectives and regulatory requirements. 

o Identify market trends and recommend adjustments to pricing strategies to optimize profitability and competitiveness. 

• Data Analysis and Modeling: 

o Utilize advanced actuarial techniques and predictive analytics to assess risk and model pricing scenarios. 

o Collaborate with data scientists within the team to enhance pricing accuracy through machine learning and other innovative methodologies. 

• Stakeholder Management: 

o Communicate pricing insights and recommendations to senior management, underwriting teams, and other key stakeholders. 

o Act as a key advisor on pricing-related matters, supporting decision-making at an executive level. 

• Regulatory Compliance: 

o Ensure all pricing practices comply with relevant regulatory and industry standards. 

o Stay informed on changes to regulatory frameworks and assess their impact on pricing strategies. 

• Team Leadership: 

o Mentor and develop junior actuaries within the team, fostering a culture of collaboration and continuous improvement. 

o Lead project teams, ensuring timely delivery of high-quality outcomes. 

• Performance Monitoring: 

o Monitor portfolio performance and recommend adjustments to pricing structures as needed. 

o Conduct regular reviews of pricing models to ensure they remain robust and fit for purpose. 

What you bring

• Experience: 

o At least 5 years experience in a pricing-focused actuarial role, ideally within the insurance or reinsurance sector.

o Proven track record of delivering pricing strategies that drive business growth and profitability. 

• Technical Skills: 

o Advanced proficiency in actuarial modeling software and tools (e.g., Emblem, Radar, Python, and equivalent). 

o Strong understanding of statistical and predictive modeling techniques. 

o Knowledge of UK regulatory requirements and Solvency II. 

• Interpersonal Skills: 

o Excellent communication and presentation skills, with the ability to translate complex actuarial concepts for non-technical audiences. 

o Strong leadership and team management abilities, with experience mentoring and developing junior professionals. 

• Analytical Mindset: 

o Exceptional analytical and problem-solving skills, with a strategic and commercial outlook. 

Preferred Qualifications and Attributes 

• Experience with pricing in a travel line of business  

• Familiarity with emerging technologies and their application in pricing (e.g., AI, machine learning). 

• Ability to work effectively in a fast-paced and changing environment. 

• Preferred location is UK but open to other EU countries