Senior Pricing Actuary
AIG
London, United Kingdom
Full-time
Posted Oct 09, 2025
Full-time
Compensation
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About the role
Join us as a Financial Lines Actuary to take your career to the next level with a global market leader.
Responsibilities
- Work across various lines of business to support Underwriters to develop more profitable portfolios through
- Maintenance and enhancement of existing pricing models
- Periodic recalibration of pricing models and tools to reflect the current year’s business plan.
- Periodic assessments of underlying portfolios
- Regular monitoring of portfolio metrics
- Perform and develop individual risk pricing in support of the underwriters.
- Assist in the collection and research of pricing data, and then in the development of analysis and reporting of pricing data.
- Provide actuarial support for business initiatives
- Evolve pricing standards as per market requirements (eg: Lloyds BPPF, consistency with AIG)
- Incorporate feedback from internal reports on model usage/ portfolio analytics to determine model updates
- Support pricing modernisation initiatives including building and maintaining raters in HX
- Drive and embed pricing governance within the team (developing clear audit trails, setting governance priorities)
- Introduce new profitability studies which define how the team approaches planning going forwards
- Train the team in account pricing, using bespoke approaches, with a particular focus on communication of results to underwriters, setting the standard for how the team approaches account pricing going forwards
- Establish best practice for re-platformed models
Requirements
- Numerical degree
- Qualified Actuary
- Pricing experience within General Insurance
- Data manipulation and technical modelling skills
- Coding experience desirable
- Strong analytical skills
- Strong communicator
- Strong organisational skills with excellent attention to detail
Benefits
- 401k matching
- Health insurance
- Flight privileges
About the Company
AIG is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks.
Job Details
Salary Range
Salary not disclosed
Location
London, United Kingdom
Employment Type
Full-time
Original Posting
View on company website