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Senior Pricing Actuary

Job in Greater London, London, Greater London, W1B, England, UK
Listing for: Insight Select
Full Time position
Listed on 2026-02-28
Job specializations:
  • Insurance
    Risk Manager/Analyst, Insurance Analyst, Underwriter, Insurance Risk / Loss Control
  • Finance & Banking
    Risk Manager/Analyst, Underwriter
Salary/Wage Range or Industry Benchmark: 80000 - 100000 GBP Yearly GBP 80000.00 100000.00 YEAR
Job Description & How to Apply Below
Location: Greater London

My client, a dynamic and growth-focused insurer, is seeking an experienced Senior Pricing Actuary with strong commercial property expertise to support a high-impact pricing and portfolio optimisation initiative.

This is a hands-on contract opportunity for a commercially minded actuary to influence underwriting strategy, enhance pricing sophistication, and drive profitable growth across a complex commercial property book.

You’ll work closely with underwriting, exposure management, and senior leadership teams to deliver data-driven insights that directly impact rate adequacy, risk selection, and capital performance.

Key Responsibilities
  • Lead pricing analysis across the commercial property portfolio, ensuring technical rate adequacy and alignment with target loss ratios
  • Develop, refine, and enhance pricing models (including catastrophe loadings and exposure-based rating structures)
  • Perform portfolio diagnostics to identify profitability trends by segment, geography, occupancy, and limit profile
  • Support underwriting strategy through risk segmentation, reinsurance optimisation, and scenario testing
  • Analyse catastrophe exposure (e.g., wind, flood, wildfire) and assess capital impact under stress scenarios
  • Partner with underwriting leadership to balance growth ambitions with margin and volatility management
  • Deliver clear, commercially focused insights to senior stakeholders, translating technical findings into actionable decisions
  • Support regulatory and internal governance requirements where relevant
Ideal Profile
  • Qualified or nearly qualified actuary (FIA/FFA or equivalent preferred)
  • Strong experience in commercial property pricing within the London Market or UK general insurance
  • Proven track record in rate reviews, portfolio optimisation, and underwriting performance analysis
  • Experience working with exposure-based and catastrophe-informed pricing frameworks
  • Comfortable operating in a fast-paced, delivery-focused contract environment
  • Strong stakeholder management skills with the ability to challenge and influence senior underwriters
  • Advanced modelling capability (e.g., R, Python, SQL, Excel/VBA, or pricing platforms such as Radar)
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Position Requirements
10+ Years work experience
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