Brit Insurance • London

Senior Pricing Actuary

Employment type:  Full time

2–3 days/week at home

Apply now

Job Description

We are looking for a Senior Pricing Actuary
About Brit

Brit is a market leading insurer and reinsurer writing $4bn in premium and operating in the Lloyd’s of London marketplace. 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.

We have a long and successful track record of leading an extensive range of insurance and reinsurance programmes, based on rigorous risk selection and a disciplined approach to underwriting.
Combining technical expertise with industry knowledge, we listen, we share and we collaborate – to create best-in-class insurance solutions for our clients. We are an influential and respected presence at Lloyd’s of London and, in Syndicate 2987, we have one of the largest and most diverse portfolios.

Through Syndicate 2988 and Sussex, we provide over $400m of additional underwriting capacity. These underwriting platforms, backed by a diversified source of capital, reflect our desire to increase our flexibility, improve our relevance to clients and brokers and reinforce the long-term relationships we have in the market. Brit are part of Fairfax (FFH:CN). 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.

What you’ll be doing

You’ll support the Actuarial Analytics – Pricing team in the development and deployment of pricing tools.

You’ll be a key point of contact across functions in developing and maintaining the pricing process and pricing platforms.

You’ll be collaborating with stakeholders communicating the key insights and recommendations from pricing algorithm reviews, including any uncertainties & limitations, to key stakeholders, including underwriting, actuarial SMEs and other analytical teams.
You’ll ensure the robust review, challenge, and documentation of all analytical work within the rating model hub.
You’ll investigate ways of adding value to pricing analyses and supporting the implementation alongside other teams as appropriate.

Day to day
This is a great opportunity for someone who is fulfilled by investigating ways of adding value to pricing analyses and supporting the implementation alongside other teams as appropriate.
There will be the opportunity to support the Actuarial Analytics - Pricing team in ad hoc projects.
Daily there will be the chance to support the Actuarial analytical engineering team in the development of tools which enhance the value and efficiency of the pricing model review process.
You’ll have the opportunity to expand your knowledge while being supported by the wider function helping you develop in your career.

If you have the drive to work in a flexible, fun, passionate actuarial team we would love to hear from you!

Our Benefits

This opportunity comes along with a competitive salary, 27 days annual leave, optional private medical insurance, on target bonus and strong employer’s contributory pension, plus many more benefits. We also operate in a hybrid working capacity meaning you can collaborate in the London office as well as enjoy the ability to work from home.

Our culture
Inclusion & Diversity is at the heart of our business at BRIT. We recognise that diversity in age, race, gender, ethnicity, sexual orientation, physical ability, thought, and social background bring richness to our working environment. No matter who you are, where you’re from, how you think, or who you love, we believe you should be you.
If this sounds like a role and a culture that appeals to you, let us know.
Apply now!

Company benefits

Shared parental leave
Enhanced paternity leave
Enhanced maternity leave
Adoption leave
Health insurance
Dental coverage
Non-contributory pension
Annual bonus
Share options
Season ticket loan
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
Employees are largely happy with their working location freedom
Employees are largely happy with the flexibility in the hours they work
Employees are largely happy with the benefits their company offers
Work-life balance
Employees feel that they can switch off quite easily from work
Role modelling
Employees feel that most people work flexibly
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)

Approximately 2:1

Office locations

London & Bermuda

Hiring Countries

United Kingdom

Awards & Achievements

Finance & Insurance

Finance & Insurance

Industry awards 2023

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