Pricing Actuary Lead - Remote (UK)

✯ About the Team

The Underwriting team at Wakam is at the heart of risk evaluation and decision-making, leveraging internal data and industry insights to make informed, strategic choices. Our mission is to provide comprehensive and competitive insurance solutions that balance risk and profitability.

As specialists in risk assessment and pricing, we focus on driving profitability while offering clients the best possible coverage. From in-depth data analysis to developing cutting-edge underwriting strategies, we are committed to delivering innovative solutions and outstanding service to meet our customers’ needs.

✎The Mission

As the Pricing Lead, you will be at the forefront of driving Wakam’s UK pricing strategies. This pivotal role involves designing and implementing data-driven pricing frameworks that optimize profitability and market competitiveness. Collaborating with underwriting, claims, and distribution teams, you will shape decisions that impact our growth and success.

Key responsibilities include:

• Pricing Strategy: Developing and executing strategies to achieve profitable growth while adapting to market demands.
• Portfolio Management: Analyzing performance metrics, monitoring competitor pricing, and optimizing portfolio profitability.
• Technical Pricing and Analytics: Leading the design and improvement of pricing models using actuarial and statistical methods.
• Stakeholder Management: Partnering with MGAs, internal teams, and compliance to align pricing decisions with regulatory and market requirements.
• Leadership: Mentoring a team of analysts and actuaries, fostering innovation and a culture of excellence.

✯ Profile

We’re seeking a strategic and analytical thinker with:

• A degree in Actuarial Science, Statistics, or Data Science.
• Deep knowledge of the UK insurance market and regulatory framework.
• Proven experience in retail insurance pricing roles, ideally for Motor and Home products.
• Proficiency in pricing tools (e.g., EMBLEM, AKUR8) and programming languages (Python, R).
• Strong communication skills to influence stakeholders at all levels.
• A track record of leading pricing projects or teams.

✯ Your Personal Qualities

• Rigorous and analytical with strong problem-solving skills.
• Innovative and eager to explore new pricing strategies.
• Collaborative and adaptable to dynamic, fast-paced environments.
• Confident, proactive, and solutions-oriented with a global perspective.
• Ethical, self-aware, and committed to continuous learning and improvement.

✯ Why Join Wakam?

At Wakam, you’ll be part of a fast-growing, innovative company committed to transforming the insurance industry. This role offers:

• The opportunity to lead and shape pricing strategies across diverse insurance products.
• Collaboration with talented professionals in a dynamic and international environment.
• A chance to drive innovation using advanced analytics and cutting-edge tools.
• The ability to make a meaningful impact on business outcomes and customer experiences.
• Flexibility to work fully remotely, providing you with the autonomy to excel from wherever you are.

✯ Hiring Process

1. Initial interview with HR.
2. Meeting with our Lead Underwriter.
3. Technical interview with the Chief Underwriting Officer.
4. Culture Fit interview with our Head of People and Chief Underwriting Officer to ensure alignment with Wakam’s values.

=> Welcome @Wakam 🙌

Recruitment Agencies

Wakam has an in-house recruitment team, which focuses on sourcing great candidates directly. Wakam does not accept unsolicited resumes from agency or search firm recruiters.

Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact our managers directly.