Overview
Join to apply for the Pricing Actuary role at Acorn Group.
The Acorn Group is one of the fastest growing insurance businesses in the UK, delivering specialist motor insurance products through a unique and integrated model. With over £700m in GWP and strong performance in a highly competitive market, we’re on a mission to become the UK’s leading specialist motor insurer. We are looking for outstanding pricing talent to join our high-performing Pricing team, with the opportunity to shape pricing sophistication, implement innovative data science techniques and make a real impact where your input truly matters.
Job Title: Pricing Actuary
Location: Liverpool or London on a hybrid basis
Salary: £Competitive DOE
Working hours: 37.5 hours per week, Monday to Friday, 9am to 5:30pm
What you will be doing:
* Build statistical and machine learning models to enhance risk cost and profitability predictions
* Conduct data analysis to support segmentations, performance monitoring and modelling enhancements
* Identify and implement innovative solutions for pricing and policy growth
* Present insights and solutions clearly to senior stakeholders
* Contribute to our dynamic and fast-paced pricing roadmap
What we are looking for
* A background in statistical, data science or actuarial roles
* Proficiency in Python for data handling and predictive modelling
* 2+ years UK motor pricing experience, ideally building GBMs
* Solid understanding of GI pricing, GLMs and machine earning techniques
* Strong communication skills, with the ability to translate technical detail for non-technical stakeholders
* A proven ability to deliver pricing initiatives with tangible results
* Independent thinker, self-starter and a problem solver
* A mathematical degree with strong academic performance is desirable
* Bonus: Experience with Emblem, Radar, Radar Live, or Databricks
About Acorn Insurance
With over 40 years of experience, Acorn Insurance is a specialist provider dedicated to helping individuals secure motor insurance across the UK. We proudly serve more than 50,000 customers, ensuring they find policies that meet their needs and provide the peace of mind that comes with high-quality cover.
At Acorn Insurance, we offer comprehensive training and continuous in-house coaching. You'll receive in-depth, FCA-regulated industry knowledge and all the tools necessary to grow your career with us.
We celebrate diversity and are committed to fostering a culture where everyone feels respected and valued. As a Disability Confident employer, we ensure our workplace is accessible and inclusive, encouraging our people to bring their best selves to work every day.
The Acorn Group has been recognised as a Great Place to Work for 2024/5.
Why Acorn Insurance?
Acorn Insurance wants to give you more than a job — we want to give you a purpose and a career. Some benefits you will receive include:
* Wellbeing: Enhanced annual leave entitlement starting at 31 days and potentially increasing to 35 days per year (including bank holidays)
* Enhanced paternity pay and 16 weeks full maternity pay
* Colleague Assistance programme with wellbeing services such as:
* 6 Free Counselling sessions per year
* Unlimited access to a telephone counsellor 24/7
* Access to a free 4-week CBT programme with a trained therapist mentor
* Network of internal qualified mental health first aiders for colleague support
* Financial: Core level of life assurance with options to increase cover via salary sacrifice and add your partner
* Access to earnings before payday via Dayforce Wallet
* Refer a friend scheme with a £250 bonus after probation
* Flexible benefits platform with an annual flex pot to spend on 15+ benefits
* Option to donate to climate-positive charities via salary deduction
* Reward, Recognition and Culture: Long service awards at 5, 10 and 15 years; a recognition hub; engaging company events; budgets for team social/engagement activities
All roles are subject to DBS and financial checks; offers are conditional until checks are completed to a satisfactory standard.
Due to the length of training and complexity of the role, we can only accept applications from candidates who have at least one year remaining on their (Graduate/ Post study work) visa. We are unable to provide visa sponsorships.
At Acorn, we are committed to creating an inclusive and supportive work environment. If you require reasonable adjustments, please let us know during the application or interview process, and we will work with you to meet your needs.
Seniority level: Entry level
Employment type: Full-time
Job function: Finance and Sales; Industries: Insurance
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