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Actuarial

Technical Pricing Actuary

Dorking, Surrey, South East, England
Permanent
Job Ref:BH-22689

UK Motor Insurance | Technical Pricing & Analytics

Project based end-to-end pricing role with opportunities to get involved in reserving and capital modelling depending on your skills and interests!

A highly profitable UK motor insurer is seeking an experienced modelling professional and/or a Qualified Actuary to join its actuarial function, supporting technical pricing across multiple motor products. This is a hands-on analytical role suited to an actuary who enjoys building models, performing rate reviews and applying statistical techniques to real-world underwriting and pricing decisions.

The role offers meaningful exposure to senior stakeholders, broad actuarial work (pricing-led) and the opportunity to influence commercial outcomes.

Role purpose:
To support the actuarial function in delivering robust, technically sound pricing, while also contributing to reserving and capital modelling. The role has a strong focus on rate adequacy, portfolio performance and market responsiveness within the UK motor insurance space.

Key responsibilities:

Build, maintain and review technical pricing models for UK motor products
Perform and document monthly rate changes across Car, Van, Bike and Taxi portfolios
Conduct rate adequacy and profitability analysis at segment and portfolio level
Produce high-quality pricing MI to monitor underwriting performance
Carry out market pricing analysis and competitive benchmarking
Develop and enhance statistical models to assess underwriting strength and rating factors
Analyse large datasets to identify emerging trends, structural changes and new opportunities
Support reserving and capital modelling, including analysis and review
Communicate technical findings clearly to senior management and the Chief Actuary

Technical skills & experience

Nearly Qualified or Qualified Actuary (IFoA or equivalent) highly desirable
Minimum 3 years’ experience in UK motor insurance pricing
Strong grounding in statistical and actuarial methodologies
Advanced SAS programming skills (machine learning experience advantageous)
Experience producing and maintaining production pricing models
Strong understanding of UK motor insurance products and regulation
High level of numerical accuracy and attention to detail

Why apply?

Technically focused pricing role with real ownership
Exposure across pricing, reserving and capital
Direct interaction with senior actuarial leadership
Opportunity to deepen technical expertise within UK motor pricing
If you’re a nearly or newly qualified actuary looking for a technically strong pricing role with real influence, this opportunity offers depth, breadth and progression.

Apply now
Consultant
Afwaz Choudhury
Actuarial

Afwaz
Choudhury

Associate Director

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