Lead Algorithmic Pricing Actuary

They're looking for a Lead Algorithmic Pricing Actuary to join their Algorithmic Underwriting team

Responsibilities

Work at the intersection of underwriting and algorithm development, ensuring that the development, calibration, validation and monitoring of their risk assessment models meets commercial and regulatory requirements, whilst effectively serving their end users at the point of quote (brokers); Oversee the development of the Company’s scalable digital risk- and portfolio-pricing capabilities, leveraging actuarial and machine learning approaches to support their line size generation; Research and develop cutting-edge risk modelling approaches; Identify and calibrate new rating factors for classes of business which are continually evolving (like Cyber insurance); Explore external data sets and sources of information to use in their assessment of risk

Requirements

Bachelor's Degree or higher in a STEM field; Senior Qualified actuary (with significant post-qualification experience) or equivalent Qualified-by-Experience; Deep commercial insurance Lloyd's/company market experience; Experience managing and enabling a team of individuals as a capability, either via people management or in a technical leadership role