Actuarial Analyst - Pricing (Graduate Programme)
Location: North Shields, Newcastle upon Tyne (Hybrid, 2-3 days in office per week, flexible)
We are seeking a motivated Entry-Level/Junior Actuarial Pricing Analyst to join our growing team at a leading insurance company based in North Shields, Newcastle upon Tyne. Specializing in new driver, learner, taxi, and courier insurance, we offer a fantastic opportunity for a recent graduate or early-career actuarial professional to gain hands-on experience in pricing models.
Key Responsibilities:
* Assist in the development and pricing of insurance products tailored to new drivers, learners, taxi drivers, and couriers.
* Collaborate with senior actuaries to analyse data, build pricing models, and assess risks for various insurance segments.
* Contribute to the preparation and presentation of pricing recommendations.
* Help maintain and refine actuarial assumptions for both existing and new products.
* Support pricing strategies to ensure competitive and sustainable pricing models.
Ideal Candidate:
* A degree in Data Science, Mathematics & Statistics, Actuarial Science, or a related field.
* A Master’s degree in a relevant discipline is preferred.
* Some experience or internships in an actuarial role (preferably with pricing exposure).
* Strong proficiency in Excel; experience with R, Python, or other statistical modeling tools is a plus.
* A strong interest in the insurance industry, particularly pricing.
* Excellent analytical and problem-solving skills.
* Good communication skills with a collaborative mindset.
What We Offer:
* Hybrid work arrangement (2-3 days per week in the office).
* Competitive salary: £26,000 - £30,000 per year (raising every 6 months).
* Opportunities for professional development and actuarial exams.
* Discounts, vouchers and other benefits.
* A dynamic and supportive team environment.
* Exposure to various areas of actuarial work.
If you’re looking to kickstart your actuarial career in a specialised field, we’d love to hear from you. This is a great opportunity to grow and develop within a forward-thinking insurance company.
How to Apply:
Please click apply now or send your CV to dan.wotherpsoon@intellectgroup.com
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