Selby Jennings are working with an innovative Lloyd’s market underwriting platform to secure a Pricing Actuary into a highly commercial and entrepreneurial role within a growing Alternative Risk Transfer (ART) business.
This opportunity sits within a specialist platform focused on complex and bespoke (re)insurance solutions across a range of commercial lines. The role offers broad exposure to structured and non-standard transactions, working directly alongside underwriters, brokers, and senior stakeholders to shape pricing methodology and support long‑term portfolio growth.
Rather than being limited to traditional actuarial pricing work, this is a genuinely front‑office role combining quantitative modelling, commercial underwriting support, and strategic analysis. The environment is highly entrepreneurial, offering the opportunity to help build pricing frameworks, influence underwriting decisions, and contribute to the evolution of a rapidly growing platform.
Key Responsibilities
- Lead pricing analysis for complex and structured (re)insurance transactions, including multi-line and non‑proportional structures
- Build and maintain stochastic pricing models, running sensitivity and scenario analysis across bespoke deals
- Integrate catastrophe modelling outputs into pricing and portfolio analysis
- Translate technical pricing outputs into clear commercial recommendations for underwriters, brokers, and clients
- Analyse submissions, exposure data, programme structures, and policy wordings to support underwriting decisions
- Draft underwriting memoranda and pricing recommendations for complex transactions
- Use AI‑enabled research and analytical tools to support client analysis, market research, and risk selection
- Benchmark cedants and industry peers to support underwriting and pricing decisions
- Support the development of pricing methodologies and actuarial parameterisation for new lines of business
- Partner closely with underwriting and wider platform teams to establish pricing frameworks and governance standards
Role Requirements
- Qualified actuary (FIA or equivalent) with experience in commercial (re)insurance pricing
- Strong background in structured, bespoke, or non‑proportional (re)insurance transactions
- Commercially minded with the ability to balance technical rigour and underwriting judgement
- Strong communication skills with experience engaging directly with brokers and underwriters
- Strong technical modelling capability, including stochastic modelling techniques
- Programming experience in Python, R, or SQL advantageous
- Entrepreneurial mindset with the ability to operate effectively in a fast‑paced and evolving environment
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