Specialty Lines Product Actuary

4715698
  • Job type

    Permanent
  • Location

    London / Hybrid
  • Working Pattern

    Flexible Working,Full-time
  • Specialism

    Actuarial
  • Industry

    Insurance
  • Pay

    Up to £150k DoE

London Market / Actuary / Pricing / Marine / Energy / London / Hybrid Working

Your new company
Specialty Lines London Market Insurer (confidential)

Your new role
Are you a qualified actuary with a passion for pricing and a deep understanding of the London Market?

My client is looking for a dynamic and commercially minded individual to join their actuarial team, supporting Marine & Energy lines of business. Reporting directly to the Head of Pricing, you will initially manage 2 direct reports.

As a Product Pricing Actuary, you will be the key actuarial contact for divisional and class underwriters, providing expert pricing support and strategic insight. You’ll work collaboratively across underwriting and actuarial teams to drive performance, support new initiatives, and enhance pricing models.

Key responsibilities include:

- Developing and refining pricing models across Marine & Energy portfolios.
- Supporting underwriters in assessing pricing adequacy for both open market and binder business.
- Monitoring performance against pricing metrics and recommending strategic actions.
- Analysing rate changes and price adequacy at various levels.
- Providing training and technical support to underwriting teams.
- Leading and mentoring actuarial analysts, fostering both technical and interpersonal development.
- Conducting loss analysis using internal and external data sources.
- Contributing to business planning and internal model parameterisation.
- Delivering ad hoc analysis to support senior management.

What you'll need to succeed
To be considered, you will be a Qualified Actuary with PQE (IFoA or equivalent level of experience if not qualified), and proven London Market Commercial Lines pricing experience, ideally within Marine & Energy.

You'll have excellent communication and stakeholder engagement skills, and be a strategic thinker with sound judgement and decision-making capabilities.

What you'll get in return
They can offer a competitive base salary ranging from £125k to £150k DoE, with excellent bonus potential, and flexible working options available.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.

Apply for this job

Talk to Kevin Smith, the specialist consultant managing this position

Located in London-City, 5th Floor, 107 Cheapside, Telephone 0203 465 0147
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