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Brit Insurance • London

Pricing Actuary

Employment type:  Full time
8.5

/10

Transparency Ranking

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top 3 scores:
78%

Autonomy

70%

Hours

68%

Location

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Job Description

We’re looking for a Pricing Actuary

About Brit

At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist. To help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver a risk service. A team empowered to help our customers not only to survive the risks they face, but to stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn’t something to fear but to seize; that it’s full of potential. Not only for our customers but our employees too.

We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving – both professionally and emotionally. If you’re looking for a place to make a real difference read on.

What you’ll be doing

You’ll support Brit’s underwriting product owners in the continuous delivery of market leading pricing capability. The focus of this role will be on the implementation, development and continuous improvement of analytical products like pricing models using Python as part of the Brit Actuarial Analytics – Pricing team.

You’ll collaborate across group functions (wider actuarial, underwriting, claims, data engineering etc.) to support the development & implementation of pricing algorithms across classes in Python, in line with the agreed plans, ensuring appropriate levels of input and feedback. This includes ensuring models are appropriate and add value to the risk selection process.

You’ll communicate the key insights and recommendations from pricing algorithm reviews, including any uncertainties & limitations, to key stakeholders, including underwriting, wider actuarial and other analytical teams.

You’ll be a qualified Actuary with experience in General Insurance pricing allowing you to apply expert knowledge to deliver creative and pragmatic solutions to complex problems across functional areas for relevant classes/divisions.

Our Actuarial team empower underwriters to make better, data-driven decisions.

We welcome everyone wholeheartedly.


We’ve got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we’ll be respected, valued and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations and suggestions about how we do things.

Accessibility

We’re located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 16 – 18, and 39. All of our floors are accessible by lift, and there are building staff on hand to point you in the right direction.
The closest train / underground / DLR links are: Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), Aldgate Station (7 mins).

The nearest bus stop is St Mary Axe (Stop LR or Z), which is located just outside the building.

If you have any other questions regarding accessibility, please ask.

Company benefits

Shared parental leave
Enhanced paternity leave
Enhanced maternity leave
Adoption leave
Health insurance
Dental coverage
Non-contributory pension
Annual bonus
Share options
Life assurance
Cycle to work scheme
Faith rooms
Pregnancy loss leave
Fertility treatment leave
Carer’s leave
Open to job sharing
Open to part time work for some roles
Gym membership
Compassionate leave
Menstrual leave
Bank holiday swaps
Volunteer days
Employee assistance programme
Salary sacrifice
Charity donation scheme
L&D budget
Enhanced sick pay
Enhanced sick days
Mental health platform access
Travel loan

We asked employees of Brit Insurance what it's like to work there, and this is what they told us.

Location
68%
Employees are largely happy with their working location freedom
Hours
70%
Employees are largely happy with the flexibility in the hours they work
Benefits
67%
Employees are largely happy with the benefits their company offers
Work-life balance
65%
Employees feel that they can switch off quite easily from work
Role modelling
67%
Employees feel that most people work flexibly
Autonomy
78%
Employees feel that they can mostly manage how they get their own work done

Working at Brit Insurance

Company employees

Approximately 650

Gender diversity (male:female)

66:34

Office locations

London & Bermuda

Hiring Countries

Bermuda

India

United Kingdom

Awards & Achievements

Finance & Insurance

Finance & Insurance

Industry awards 2023

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