Pricing Actuary - Portfolio Solutions

Job summary The Pricing Actuary will be responsible for actuarial pricing for Chaucer’s growing Partnership and Innovation portfolio across London and international offices. The role is highly client‑ and underwriter‑focused, supporting broker negotiations, individual case pricing, portfolio analytics, strategic projects and new pricing initiatives. The Pricing Actuary will also provide support for other classes and group‑wide projects as required. Strong technical pricing, project management and communication skills are essential to deliver across multiple work streams and secure buy‑in for new initiatives.

• Account pricing and underwriter support for broker negotiations
• Ongoing portfolio monitoring for accounts and overall portfolio
• Pricing model and tool development in line with actuarial pricing frameworks and technology solutions
• Pricing analytics and MI development to support risk selection and portfolio optimisation
• Support for deep dives, model usage reviews, portfolio monitoring and steering
• Ensure alignment of pricing with evolving exposure management practices and ‘Own View of Risk’ frameworks
• Provide input into the development of modelling approaches where appropriate
• Develop a deep understanding of the Partnership accounts, trends and underwriting team strategies
• Contribute ideas to wider delegated underwriting authority and trading strategies
• Keep abreast of industry initiatives, provide thought leadership, develop new pricing/visualisation techniques and best practice where opportunities arise
• Work collaboratively with underwriters, the pricing team and underwriting management
• Present and share knowledge with the wider actuarial team on pricing approaches
• Assist with other pricing team activities as required
• Project manage more junior team members and contribute to cross‑functional projects

• Strong London Market pricing experience (essential)
• Experience of pricing bespoke deals and/or large facilities (desirable)
• Experience of producing insights from portfolio data

• Strong IT skills, including comprehensive knowledge of Excel VBA, Python, SQL (desirable)

• FIA Qualified Actuary
• 2.1 or 1st degree in Mathematics or Mathematics‑related subject (e.g., Physics, Engineering, Statistics)
• 3 or more strong ‘A’ levels, including Maths

• Strong stakeholder and project management skills
• Strong interpersonal, verbal and written skills
• Intellectually curious and results‑oriented with a strong sense of responsibility
• Attention to detail, self‑motivated, hard‑working and committed
• Flexible and adaptable

• Travel in support of underwriter/client meetings
• Travel to Chaucer underwriting offices may be required

We are committed to diversity, actively value difference and respect people regardless of protected characteristics as outlined in the Equality Act 2010 (UK legislation) and the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture.