Senior Portfolio Pricing Actuary

Senior Portfolio Pricing Actuary
Actuarial Pricing
London

How does this role contribute to our collective success?
The Pricing function supports underwriters and management in building robust and profitable portfolios by providing objective insights through deep product expertise.

This role supports underwriting teams managing multi-line portfolios across delegated authority, portfolio-based, and structured capacity arrangements. Working closely with underwriters, you will provide pricing expertise to assess opportunities, monitor portfolio performance, and support underwriting decisions. The role offers exposure to a diverse range of portfolio structures, capacity solutions, and alternative capital initiatives, providing the opportunity to work on some of the most sophisticated insurance arrangements in the London Market.

What will you do in this role?
This role will:
• Own end to end pricing for complex, high value, multi class portfolio deals, partnering across product teams to assess risk, return, and capital efficiency, and deliver clear recommendations on deal structure, pricing adequacy, and portfolio mix.
• Partner with underwriters to design and optimise portfolio structures, including attachment points, limits, and the use of traditional reinsurance and alternative capital solutions, and act as a senior pricing partner across underwriting, exposure, reserving, capital modelling, and finance.
• Deliver regular portfolio and product monitoring analyses to identify issues and opportunities, and support the design, execution, and tracking of portfolio action plans with underwriting teams.
• Analyse rate change, price adequacy, exposure growth, market conditions, competitive dynamics, and loss trends, clearly articulating drivers of portfolio performance.
• Maintain and enhance benchmarks and portfolio metrics, working closely with Product Pricing and Analytics teams, and support the ongoing development of pricing tools, models, data flows, and analytical capabilities.
• Derive expected loss ratios for business planning, considering business strategy, market conditions, mix of business, trends, and reinsurance structures.
• Contribute to the development and consistency of pricing standards, methodologies, and governance across portfolio business.
• Provide technical guidance, mentoring, and informal leadership to Portfolio Pricing Actuaries and Analysts.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You:
We are looking for a commercially minded actuary who enjoys operating in complex, evolving environments and wants to influence how portfolios are structured, priced, and managed at scale. You are comfortable forming independent views, providing constructive challenge, and collaborating across disciplines to solve complex problems.

What you need to have:
• Fellow or Associate of the Institute & Faculty of Actuaries or equivalent.
• Strong stakeholder management skills, with the ability to build credibility across underwriting, actuarial, and broader business partners.
• Ability to communicate complex actuarial analysis clearly to non technical audiences, including senior management.
• A proactive, self directed approach with strong attention to detail and sound judgment.

What we prefer you to have
• London Market pricing experience is highly desired.
• Exposure to portfolio deals, structured transactions, or delegated authority business.
• Strong Excel and SQL skills; VBA, R, or Python advantageous.
• Experience influencing underwriting strategy without formal authority.
• An interest in developing junior actuaries.

Role Factors:
In this role, you will typically be required to:
• Be in the office 3 days per week.
• Occasional broker or client meetings, including outside standard office hours.

What we offer:
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.

For this position, we currently expect to offer a base salary in the range of X to Y (NY), [X to Y (GA), X to Y (CA)]. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.

In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

Where this role is based in the United States of America, this role is [Exempt/Non-Exempt] for FLSA purposes.

This posting is for an existing vacancy.