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Actuary - Insurance Pricing
Date: Aug 13, 2025
Location: London, GB, EC3M 3BD
Company: Aspen Insurance
Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.
We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.
Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
The Role
* To manage and provide direction to others, so that actuarial services provided within the entity are in line with the actuarial business plan and broader strategic objectives within Aspen.
* To actively achieve solutions for complex technical challenges by leading the development, enhancements, maintenance and ensuring corporate and actuarial governance standards are met, with the goal of implementing activities or approaches that meet actuarial standards and support achieving plan loss ratios and profitability as well as Aspen as a whole.
* The role requires the ability to interact with Underwriting to secure their buy-in and the ability to apply knowledge and insights concerning actuarial pricing techniques, technology, programming knowledge.
Our Aspen Values are expected to be reflected in the delivery and performance of every role.
Key Accountabilities
* Contributes to functional strategy development and prioritises operational deliverables and activities of team to support delivery of overall business targets
* Manages the tactical plan and provides support to others to achieve positive results for the business in line with strategy
* Contribute to shaping Actuarial strategy and provide tactical leadership and support to colleagues to achieve positive results for the business in line with strategy
* Contribute to the delivery of key Actuarial projects in line with Actuarial strategic vision
* Provide appropriate level of governance, as well as documentation/training material for the specific work being undertaken, in line with professional standards and/or Aspen specific standards and regulatory requirements
* Develop, maintain and validate actuarial systems, data, reporting and procedures to ensure that these are aligned with business needs and fit for purpose - This is to include adopting efficient and consistent actuarial models and processes and/or technologies where appropriate.
* Manage and continually develop the actuarial function to ensure its delivery and services best meet business needs, by
* Instigating new projects and initiatives
* Assessing and inputting to the purchase and development of risk analysis and management systems
Knowledge, Skills, & Experience
* Expert knowledge of actuarial analysis across pricing, reserving and model development
* Strong technical experience with data manipulation
* Established knowledge of actuarial techniques used for pricing and/or reserving insurance
* Qualified Actuary (preferably Fellow of) accredited by Institute of Actuaries or equivalent body
* Extensive experience in corporate or consulting environment, the majority in general insurance
* Extensive general experience in insurance industry involving data/analysis/systems/projects
* Preferred area of studies in a field where analytical and problem-solving skills are fundamental and clear written and verbal communication skills were encouraged
At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.
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