Senior Reinsurance Pricing Actuary

MS Amlin; Greater London; Hybrid; GBP 90,000 - GBP 110,000; Full time

Job summary

A leading reinsurance firm in London is seeking a Senior Reinsurance Pricing Actuary for a 12-month fixed term contract. In this role, you will analyze data to provide pricing recommendations and act as an advisor to underwriters, while also driving improvements within the team. Ideal candidates will have extensive reinsurance experience, strong communication skills, and proficiency in SQL and VBA. This position operates in a hybrid working environment, emphasizing collaboration and flexibility.

Benefits

Competitive base salary

Performance-related bonus

Hybrid working model

Qualifications

• Extensive experience in Reinsurance Actuarial roles.
• Proven ability with complex data and actuarial modelling.
• Experience with Catastrophe modelling outputs.

Responsibilities

• Produce data-driven pricing recommendations.
• Act as actuarial advisor to underwriters.
• Drive continuous improvements across the pricing team.

Skills

Reinsurance pricing

Statistical analysis

Strong communication skills

Time management

SQL programming

VBA programming

Education

Qualified member of the Institute & Faculty of Actuaries

Job description

Senior Reinsurance Pricing Actuary (12 month FTC) page is loaded## Senior Reinsurance Pricing Actuary (12 month FTC)locations: Londontime type: Full timeposted on: Posted Todayjob requisition id: RQ13105**Role:** Senior Reinsurance Pricing Actuary (12 month FTC)**Location:** London**Contract Type:** Fixed Term Contract**Work Pattern:** Full time and Hybrid**About The Job**If you love and understand financial risk – Assessing it. Evaluating it. Managing it. Advising on it. – You’ll fit right in.The purpose of this role is to join our Reinsurance Pricing Actuaries in providing the analytical and pricing support required by the MS Amlin Reinsurance Division. Reinsurance Pricing Actuaries are responsible for the delivery of high-quality pricing solutions that align with the company’s goals.The Reinsurance Pricing Actuary role will be part of a product team of five (and a wider Pricing team of twenty-six people), providing coverage for Reinsurance businesses across Property, Casualty and Specialty lines. The role holder will report to the Head of Pricing.## About The Job## What you’ll spend your time doing:As a Senior Reinsurance Pricing Actuary, you’ll be at the forefront of supporting Underwriting with data-driven insights. While no two days are alike, here is a snapshot of some key responsibilities:* Produce clear, data-driven pricing recommendations and present findings to senior stakeholders by carrying out large account case pricing.* Act as the primary actuarial advisor to underwriters, providing expertise on reinsurance case pricing, expected loss cost calculations and renewal monitoring while challenging assumptions where necessary.* Peer review and provide support on case pricing carried out by more junior members of the reinsurance pricing team.* Drive change and continuous improvements across the reinsurance pricing team, ensuring that processes, models, and strategies evolve to meet business needs and industry best practices.* Peer review and provide support on pricing model updates and development work carried out by the reinsurance pricing team.* Maintain strong working relationships with the other members of the Pricing team, Underwriters, and departments reporting to the Chief Actuary.* Ensure full compliance with the Pricing Framework (PF) and Pricing Governance Policy.* Ensure the accuracy, development, and utilisation of management information for analysis and reporting purposes.## You’re going to enjoy this job if you also…* Possess a meticulous eye for detail and have a passion for problem-solving.* Communicate complex actuarial concepts in simple, clear language.* Enjoy collaborating with underwriters, actuaries, and model developers to drive results.* Have a drive for implementing change and improvements to models and processes.## What you’ll need:For this Senior Reinsurance Pricing Actuary role, the following qualifications and experience are essential:## Core skills:* Extensive experience in Reinsurance Actuarial roles, with significant exposure to Reinsurance pricing, across all classes of business, and a deep understanding of market best practices.* Proven ability to work with complex data, statistical analysis, and actuarial modelling, ideally with a track record of developing and overseeing pricing models.* Experience interpreting Catastrophe modelling outputs and integrating these into pricing decisions.* Strong communication skills, both written and verbal, with the capacity to engage and influence senior stakeholders across the business.* Excellent time management skills and an ability to manage competing priorities under pressure.## Advantageous skills:* A creative and analytical mindset to develop innovative solutions and enhance the Pricing team’s offerings.* Qualified member of the Institute & Faculty of Actuaries (IFoA) or equivalent actuarial body.* Demonstrated ability to lead complex projects, delivering results that align with strategic business objectives.* Proficiency in SQL and VBA programming languages.## What you can expect from us:As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits -**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.*#LI-MSAULMS 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.