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Avencia Talent Solutions

Pricing Actuary

London
£100k – £110k/yr
Posted about 22 hours ago
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Pricing Actuary

Hybrid – 2 days per week in the London office
Salary open to benchmarking + Bonus + Excellent Benefits

We’re working with a leading global specialty insurer looking to appoint a Pricing Actuary into a broad and commercially focused role. This is an opportunity to move beyond pure model development and have a real influence on portfolio performance and profitability. You’ll work closely with Underwriters and external partners, providing actuarial insight across new and existing arrangements and helping shape commercial decisions.

The role

  • Providing actuarial assessment of new business and renewal proposals
  • Monitoring portfolio performance, profitability, and pricing adequacy
  • Working closely with Underwriters to identify areas for improvement and recommend appropriate actions
  • Reviewing and enhancing pricing methodologies and rating structures
  • Developing and refining technical pricing approaches
  • Producing pricing MI and supporting regular performance reviews
  • Calculating loss ratios and premium projections to support business planning and reserving
  • Considering wider commercial factors including commission structures, profit commissions, and reinsurance
  • Supporting the development of per-risk pricing models where required
  • Communicating technical analysis and recommendations to both technical and non-technical stakeholders
  • Contributing to wider actuarial, finance, and business projects

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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About you

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We’re interested in speaking with General Insurance pricing actuaries who combine strong technical capability with a commercial mindset. You’ll ideally have:

  • Strong General Insurance pricing experience
  • Experience within commercial, specialty, or London Market insurance
  • A good understanding of portfolio performance and profitability
  • Experience developing, reviewing, or challenging pricing models
  • Strong stakeholder management skills and the confidence to work closely with Underwriters
  • The ability to translate technical analysis into clear commercial recommendations
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Skills

Pricing Actuary
General Insurance
Portfolio Performance
Profitability Analysis
Pricing Methodologies
Underwriting Collaboration
Technical Pricing
Loss Ratios
Premium Projections
Business Planning
Reserving
Stakeholder Management
Commercial Mindset
London Market Insurance
Actuarial Analysis

Location

London, England, United Kingdom

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