Job Opportunity: Entry-Level/Junior Actuarial Pricing Analyst
Location:North Shields, Newcastle upon Tyne (Hybrid, 2-3 days in office per week, flexible)
Salary:£26,000 - £30,000 per year (rising every 6 months)
Job Type:Full-time, Hybrid
lot's of room for growth - fast growing company.
We are seeking a motivatedEntry-Level/Junior Actuarial Pricing Analystto join our growing team at a leading insurance company based inNorth Shields, Newcastle upon Tyne. Specializing in new driver, learner, taxi, and courier insurance, we offer a fantastic opportunity for a recent graduate or early-career actuarial professional to gain hands-on experience in pricing models.
Key Responsibilities:
- Assist in the development and pricing of insurance products tailored to new drivers, learners, taxi drivers, and couriers.
- Collaborate with senior actuaries to analyse data, build pricing models, and assess risks for various insurance segments.
- Contribute to the preparation and presentation of pricing recommendations.
- Help maintain and refine actuarial assumptions for both existing and new products.
- Support pricing strategies to ensure competitive and sustainable pricing models.
- Work across teams to integrate accurate data for model development.
Ideal Candidate:
- A degree inData Science,Mathematics & Statistics,Actuarial Science, or a related field.
- AMaster’s degreein a relevant discipline is preferred.
- Some experience or internships in anactuarial role(preferably with pricing exposure).
- Strong proficiency inExcel; experience withR,Python, or other statistical modeling tools is a plus.
- A strong interest in the insurance industry, particularly pricing.
- Excellent analytical and problem-solving skills.
- Good communication skills with a collaborative mindset.
What We Offer:
- Hybrid work arrangement (2-3 days per week in the office).
- Competitive salary: £26,000 - £30,000 per year. (raising every 6 months)
- lot's of room for growth - fast growing company.
- Opportunities for professional development and actuarial exams.
- Discounts, vouchers and other benefits.
- A dynamic and supportive team environment.
- Exposure to various areas of actuarial work.
If you’re looking to kickstart your actuarial career in a specialised field, we’d love to hear from you. This is a great opportunity to grow and develop within a forward-thinking insurance company.
How to Apply:
Please click apply now or send your CV to
We look forward to your application!
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