Pricing Analyst

Overview

This is a role within the Actuarial pricing team of a leading Lloyd’s insurance company and is suitable for a student actuary working in general insurance. Prior experience in a pricing team is advantageous but not essential. The Pricing Analyst will support account pricing, model development, and pricing analytics primarily for Chaucer’s Property, Political Violence, Political Risk, and Credit portfolios.

• Develop an understanding of the Property, Political Violence, Political Risk, and Credit classes, trends, and underwriting team strategy.
• Provide account pricing and underwriter support for broker negotiations.
• Perform ongoing portfolio monitoring for accounts and the overall portfolio.
• Contribute ideas for new MI.
• Support model recalibration reviews.
• Support the collection and maintenance of pricing data.
• Keep abreast of industry initiatives and develop knowledge of new pricing and visualisation techniques and best practice when opportunities arise.
• Collaborate, present, and share knowledge with the wider Actuarial team on pricing approaches.
• Assist with other pricing team activities as required.

• Relevant experience: general insurance experience; general insurance pricing experience, particularly in Property, Political Violence, Political Risk, and Credit classes is desirable.
• Technical skills: essential – comprehensive knowledge of Excel; desirable – VBA, Python, R, SQL.
• Education:
  
  desire to sit the IFoA exams and become a qualified actuary.
• Academic: 2.1 or 1st degree in Maths or a Maths‑related subject (e.g., Physics, Engineering, Statistics).
• Three or more ‘A’ levels, including Maths.
• Progress towards IFoA qualification or equivalent.

• Excellent interpersonal, verbal and written skills.
• Advanced analytical skills – logical, methodical, and rational approach to problem solving.
• Comfortable with interpreting and producing numerical data.
• Ability to present findings to key stakeholders.
• Attention to detail.
• Self‑motivated, hard‑working, and takes initiative.
• Organised and clear thinking.
• Ability to plan and organise work to meet targets and deadlines.
• Collaborative, able to work as a team and communicate with staff at all levels.

Some travel in support of underwriter/client meetings may be required.

We are committed to diversity, equal treatment, and inclusion, and ensure a fair and unbiased hiring process for all candidates, in accordance with the Equality Act 2010.