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Goodman Masson

Reinsurance Pricing Actuary

London
£80k – £90k/yr
Posted about 24 hours ago
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A globally renowned life reinsurer is seeking to hire a qualified actuary into their European Protection Pricing team.

This is an excellent opportunity for a technically strong pricing actuary to join a high calibre reinsurance business with genuine international reach across Europe, Asia, Australia and North America. The role will focus on Protection business, covering Life, Critical Illness and Income Protection, with a particular focus on UK and Ireland reinsurance opportunities.

The team is responsible for experience analysis, best estimate assumption setting and technical pricing work as part of new business tenders and inforce reviews. They work closely with teams across underwriting, claims, client solutions, research, analytics and wider actuarial functions to deliver commercially robust pricing recommendations.

This role would suit a qualified actuary with strong pricing experience who enjoys combining technical analysis with commercial judgement. The successful candidate will take ownership of pricing work, lead parts of the tender process, derive assumptions, review outputs, produce clear documentation and help deliver high quality responses to clients.

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£35,000/yr

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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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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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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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Key areas of responsibility will include:

  • Leading pricing analysis for Protection reinsurance opportunities across the UK and Ireland
  • Setting and reviewing assumptions for Life, Critical Illness and Income Protection business
  • Managing pricing work during tenders and inforce reviews
  • Producing clear reports and executive summaries for senior stakeholders
  • Working directly with client facing teams and pricing counterparts during quote processes
  • Balancing technical accuracy with commercial pragmatism
  • Improving pricing processes, documentation and controls
  • Coaching junior actuarial team members and supporting their development
  • Building strong relationships across pricing, underwriting, claims, analytics and business development teams

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The ideal candidate will be a qualified actuary with strong technical ability and previous pricing experience, ideally within the UK or Irish Protection market. Experience with tools such as Tyche, SQL, Tableau, R and Excel would be highly beneficial.

This is a strong opportunity for someone who wants to work in a visible pricing role with senior stakeholder exposure, international collaboration and the chance to make a meaningful contribution to a major Protection reinsurance business.

To discuss or apply, get in touch: bradley.grant@goodmanmasson.com or call 0207 019 8869.

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Skills

Pricing
Actuarial Science
Life Insurance
Critical Illness
Income Protection
Assumption Setting
Experience Analysis
SQL
Tableau
R
Excel
Documentation
Coaching
Stakeholder Management
Commercial Judgement
Technical Analysis

Location

London, England, United Kingdom

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