Reinsurance Pricing Actuarial Analyst
Location: London
Contract Type: Permanent
Work Pattern: Full Time and Hybrid
About The Job
If you love and understand financial risk – Assessing it. Evaluating it. Managing it. Advising on it. – You’ll fit right in.
The purpose of this role is to join our Reinsurance Pricing team in providing the analytical and pricing support required by the MS Amlin Reinsurance Division.
The Reinsurance Pricing Analyst role will be part of a team of five (and wider Pricing team of twenty-six), providing coverage for Reinsurance businesses across Property, Casualty and Specialty lines.
What you’ll spend your time doing:As a Reinsurance Pricing Analyst, you’ll be at the forefront of supporting Underwriting with data-driven insights. While no two days are alike, here’s a snapshot of some key responsibilities:
Collaborate with underwriters to assess risk and optimise pricing strategies in line with syndicate profitability targets.
Produce clear, data-driven pricing recommendations and present findings to senior stakeholders by carrying out large account case pricing.
Support the change and continuous improvements across the pricing team, ensuring that processes, models, and strategies evolve to meet business needs and industry best practices.
Analyse and interpret both external and internal data to create robust pricing models that support business objectives and improve underwriting profitability.
Work with Pricing management and other actuarial colleagues to provide critical insights in Pricing Portfolio Reviews, offering independent opinions on the quality of risks written to optimise portfolio profitability.
Develop and maintain strong working relationships with the other members of the Pricing team, Underwriters, and all departments reporting to the Chief Actuary.
Support Pricing management with the accuracy, development, and utilisation of management information for analysis and reporting purposes.
Work cross-functionally with teams such as Exposure Management, Portfolio Management, and IT in Pricing Model Development when required.
Contribute to automation initiatives that streamline pricing workflows and enhance analytical efficiency across the team.
Continue to work towards full actuarial qualification.
Have an entrepreneurial mindset and like operating in a results-focused business.
Possess a meticulous eye for detail and have a passion for problem-solving.
Communicate complex actuarial concepts in simple, clear language.
Enjoy collaborating with underwriters, actuaries, and model developers to drive results.
Have a drive for implementing change and improvements to models and processes.
For this Pricing role, the following qualifications and experience are essential:
Core skills:Being an undergraduate in maths, economics or actuarial science, or other numerate discipline.
Working towards an actuarial qualification.
Having at least two years of experience in Pricing, Reinsurance or Insurance classes.
Advanced knowledge of Excel.
Strong communication skills, both written and verbal.
Excellent time management skills and an ability to manage competing priorities under pressure.
Proficiency in SQL and VBA programming languages.
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
DE&I at MS Amlin
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom. Visit this link (Inclusive Futures Impact Report) to find out more about the programme and its aims and achievements so far.
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