- Professional
- Escritório em London
Pricing Actuarial Analyst
Location: London
Contract Type: Permanent
Work Pattern: Full Time and Hybrid
About the Job
We’re looking for an analyst to work with actuarial pricing systems and data. This would suit a part-qualified actuary with a desire to build bridges between pricing and systems and data. This role offers opportunities to pioneer a methodology to fill the gap between actuarial pricing and systems. A key part of this role will involve defining MI reports as the payload of pricing data.
As an insurance firm, building accurate, efficient pricing models which are used by our underwriters helps to inform the correct level of premium required for the risks we are adding to our portfolio. Insurance companies couldn’t function without these tools. Working with the Pricing Systems and Data team you will ensure that the models deployed are true to their business requirements.
What you’ll spend your time doing:
While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:
- Develop a deep understanding of the rating algorithms used for all pricing models.
- Create and maintain documentation for rating algorithms for all pricing models.
- Drive the implementation of the rating algorithms into pricing systems.
- Play an active role into the design and implementation of batch testing for all pricing models.
- Play an active role in creating technical solutions to improve underwriting and pricing efficiency.
- Define MI dashboard suite on pricing data for underwriters and actuaries.
You’re going to enjoy this job if you also:
- Enjoy problem solving and critical thinking to provide innovative solutions.
- Working with stakeholders such as pricing actuaries and underwriters.
- Pioneering methodologies for today’s fast moving pricing landscape.
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include at least 3 years experience of:
- Working within (re)insurance pricing and delegated authority process
- Building and maintaining pricing models in Excel.
- Using SQL Server to create multi-table SQL queries.
- Good working knowledge of pricing methodologies.
- Creating MI dashboards (preferably using Power BI)
- Working with actuaries and underwriters creating and improving the pricing process
In Addition:
- A strong desire to develop and define this role as key to addressing the demands of the pricing function.
- Exposure to VBA
- Understanding of the software development life cycle
- Exposure to any pricing platform
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
