Job Description
The Role
This is an opportunity to join a market-leading actuarial pricing team at a major global specialty (re)insurer, giving exposure to a wide range of products and pricing techniques.
From day one, you will contribute to developing sophisticated pricing models across diverse classes, collaborating with specialist pricing actuaries and underwriters to assess multimillion-dollar deals.
The ideal candidate will have experience in a general insurance actuarial role and have made strong progress through the Actuarial exams. They should possess excellent statistical knowledge and be a confident, engaging communicator capable of conveying complex ideas concisely to non-specialists. Prior Python knowledge is desirable but not essential.
A comprehensive training package is provided, including a generous study allowance for the IFoA fellowship qualification.
Responsibilities
* Take ownership of pricing models and case pricing for assigned classes of business.
* Monitor the quality and accuracy of pricing data produced by models.
* Case pricing of large and/or complex risks.
* Research key pricing assumptions and market rates.
* Develop and maintain pricing models for London Market (re)insurance using Python, Excel, VBA, R, and SQL.
* Assist underwriters in using pricing tools professionally and personable manner.
* Support other teams within the Actuarial Function to broaden knowledge and skills.
Skills and Experience
* Experience in a general insurance actuarial role.
* High numeracy skills with an excellent exam record.
* Ability to explain complex technical concepts to non-specialists.
* Strong understanding of general insurance with eagerness to learn more.
* Experience with statistical modelling techniques.
* Excel and programming skills with a desire to develop further.
* Strong problem-solving abilities and adaptability.
* Teamwork skills, including organized work, clear documentation, prioritization, and relationship building.
Our Benefits
We offer a comprehensive benefits package focusing on overall wellbeing, including hybrid working, a competitive salary, non-contributory pension, discretionary bonus, health and dental insurance, and more.
About Us
Canopius is a global specialty lines (re)insurer, a leading Lloyd’s of London insurer with offices worldwide. We foster a positive, inclusive culture that values diversity and individual contributions. Our offices are located in the heart of London, operating under a flexible, hybrid model. We are committed to equal employment opportunities and providing a discrimination-free workplace. Reasonable adjustments are available during recruitment and employment.
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