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Pricing Lead

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8 months ago
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Senior Machine Learning Engineer

Machine Learning Engineer

Your new company

Confidential (Leading UK Commercial Lines Insurer)

Based in the London / South East area (hybrid working available)


Your new role

As a Commercial Lines Pricing Lead, you will be responsible for delivering actuarial analysis, in areas including product pricing, risk modelling, corporate planning, reinsurance, establishment of adequate claims reserves and / or UW analysis.


The role offers exposure to all of their products, which include (not limited to) Property & Marine, A&H, Liability, Casualty etc..


A key part of the role will be to lead, develop, and motivate a team of pricing experts, where you will ensure the timely and accurate provision of analysis / pricing models / actions, to deliver agreed strategy and targets for a set of accounts or a portfolio.


You will also represent your team/function at relevant meetings/boards, working with the wider CUO function and the P & Ls to communicate your findings and support their implementation


What you'll need to succeed

To be successful in this role, you will have a depth of knowledge in general insurance, along with actuarial or relevant pricing experience. You will have previous experience within Risk Modelling, and you’ll require extensive technology and numeracy skills (Excel, Emblem, Radar, VBA, R, Alteryx, etc).


You will ideally have experience of managing an end-to-end modelling project, from beginning with data building, right through to implementation. You will also have an interest in Machine Learning practices, with a passion for technology and problem-solving.



What you'll get in return

The role offers a base salary between £70k and c. £90k (DoE) with an excellent benefits package. For someone who excels in the role, there are opportunities internally to progress to Pricing Manager, or a leadership role in capital, reinsurance, or reserving.


The client offers hybrid working.

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