Senior Pricing Actuary, Lloyds Market

Fairbank Partners
London (Greater)
Up to £140,000 plus package
Closing date
15 Apr 2023

View more

General insurance, Reinsurance
Contract Type
Full Time
Qualified (executive), Qualified

Job Details

Looking for a challenging and rewarding opportunity in the insurance industry? Our client is looking for a Senior Pricing Actuary to lead their pricing team in the development of pricing models and analytics. As the Senior Pricing Actuary, you will play a key role in driving sustainable, profitable growth and supporting strategic initiatives across our client's many lines of business, including Casualty, Property, Energy, Aerospace, Marine, and Credit Lines.

We're looking for someone with strong communication skills, commercial awareness, and a solid understanding of good model design principles and approaches to provide best-practice modelling solutions for underwriting teams based in London and overseas offices. The role involves close collaboration with underwriting teams across the business, underwriting management, and divisional actuaries to develop modelling techniques, streamline models, and drive more data-driven insights through the use of internal and external data. As the Senior Pricing Actuary, you'll be responsible for ensuring effective model development governance.

Located within the Actuarial pricing team in London, you'll work collaboratively with underwriting teams under the guidance of the Head of Pricing, and Project Pricing Actuary. You'll also have line management responsibilities for a team focusing on model development and analytics activities.

The successful candidate will have the opportunity to quickly establish familiarity with unfamiliar lines of business, pricing models, data, and workflow systems. You'll also develop pricing models and pricing analytics to meet underwriter requirements and incorporate improved insights, in line with Actuarial pricing frameworks and technological solutions platforms.

To be successful in this role, you'll need solid London Market pricing experience in model development and maintenance, management experience, strong IT skills (including comprehensive knowledge of Excel and VBA), and knowledge of R, SQL, Python, and pricing platform experience (e.g. Rulebook, EASA, Tyche). You must be a qualified actuary.

We're looking for someone with strong interpersonal, verbal, and written skills, as well as strong stakeholder management skills. Demonstrated project management and decision-making skills, intellectual curiosity, and results-orientation with a strong sense of responsibility, strong analytical, negotiation and decision-making skills, attention to detail, self-motivation, hard-working, and committed, organised, and clear thinking, ability to plan and organise work to meet targets and deadlines, able to collaborate, work as a team, and communicate with staff at all levels, and a track record of delegation and people development skills.

If you're ready to take on this exciting and challenging role, apply now!


To discuss this role please submit your CV or contact Ashley Beatens at Fairbank Partners on 07834 551 325. Fairbank Partners has access to a wide range of actuarial jobs and acts as an employment agency. 


Fairbank Partners is one of the world's leading specialist actuarial recruitment consultancies. Covering the UK and International Actuarial market, we pride ourselves on being market experts working with you to find the right opportunity. Our consultants specialise in Life Insurance/Re-Insurance, General Insurance, Insurance Risk and Pensions/Investments operating at all levels from Students to Senior Searches. If you are interested in any of our vacancies, or curious about opportunities available to you, do get in touch.

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+44 (0) 203 869 2000
10-13 Lovat Lane

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