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Pricing Actuary, mostly Case Pricing

Employer
Fairbank Partners
Location
London (Greater)
Salary
£90,000 - £130,000 depending on experience
Closing date
5 Oct 2023

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Sector
General insurance, Reinsurance
Contract Type
Permanent
Hours
Full Time
Experience/Function
Qualified, Nearly qual (11+ exams)

Job Details

Fairbank Partners are looking for a Pricing Actuary that will sit with the Underwriting team. Reporting directly to the Active Underwriter. This is not a stand alone role as you have support from the wider actuarial team when needed, plus the underwriters, Exposure analysts, BI and MI.

The key area of responsibility is for Pricing, providing support to and working with various underwriting teams to develop more profitable portfolios across the business. This opportunity lends itself well to someone who is looking to progress and sit in a commercial role.  

  • Performing portfolio and transactional/individual pricing analyses “Case Pricing
  • Provide pricing and analytics support to the various underwriting teams including Casualty and Healthcare, Property Treaty, Property Insurance, Specialty Insurance, Marine Treaty and Upstream Energy.
  • Developing pricing tools that support the estimation of price adequacy and rate change.
  • Produce any relevant reports to the Underwriting Management Board.
  • Provide pricing training to underwriters.
  • Understand and ensure compliance regarding Lloyds Guiding Principles as they relate to pricing.

The business is a small syndicate that is looking at expansion. If you are not looking, but want to gain management experience, this role can offer you that when you look to hire a few analysts. More emphasis on case pricing and embedding longtail pricing. 

The role reports to the Active Underwriter, but works very close with the leader of the North American Casualty book.

To be considered, you'll ideally be Qualified or even a nearly qualified actuary with demonstrable experience in actuarial pricing, preferably in the Lloyd's and/or London market.

 

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. 

Company

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. www.fairbankpartners.com www.twitter.com/fairbankpartner http://www.linkedin.com/company/fairbank-partners

Company info
Website
Telephone
+44 (0) 203 869 2000
Location
10-13 Lovat Lane
London
London
EC3R 8DN
GB

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