Pricing Projects Manager

Pricing Project Manager

Location: London

Contract Type: Permanent

Work Pattern: Full Time and Hybrid

About The Job

If you love and understand financial risk – Assessing it. Evaluating it. Managing it. Advising on it. – You’ll fit right in.  

The purpose of this role is to join our Pricing Actuaries in providing the analytical and pricing support required by the MS Amlin Syndicate classes. As the Pricing Projects manager, you will take a lead on driving the delivery of improvements, projects and solutions that enhance risk and portfolio pricing across the MS Amlin. This will include ownership of the Insights and Pricing Transformation workstream.

This newly created role sits in the ‘central projects’ pillar’ of Technical Pricing, collaborating across business areas to service all cross-class Pricing Project deliverables. The Pricing Projects Manager role will be part of a team of eighteen (and a wider Actuarial team of forty people), providing coverage for Insurance businesses across Casualty, Crisis Management, Marine, Natural Resources and Property & Allied Lines. The successful candidate will report to the Pricing Leadership Team and will have direct report management.

What You’ll Spend Your Time Doing

While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:

• Drive the Insights and Pricing Transformation agenda including the evaluation of related internal or external capabilities;
• Rationalise Pricing methodologies, algorithms and data infrastructure in this space;
• Liaise with members of the Technical Pricing team and wider business areas to identify areas of improvements to process, data and insights across classes of business;
• Lead projects to develop solutions against these improvements such as developing live aggregate monitoring tools, building portfolio optimisation loops and designing additional risk insights against Pricing outputs;
• Leverage relevant technologies such as Databricks to deliver solutions
• Develop a working relationship with the other members of the Technical Pricing team and teams under the Chief Actuary; 

• Liaise with other functions within the company such as Underwriting, Exposure Management, Portfolio Management and our IT colleagues in Pricing Modelling Development when required; and
• Stay up to date with industry developments and continuously advance both yours and the team’s actuarial and data science expertise.

You’re going to enjoy this job if you also:

• Enjoy developing high talent in an Actuarial team; 
• Capable of seeing the ‘big picture’ across different classes of business…
• … and identifying improvements to drive progress here;

• Have an exceptional eye for detail;

• Are a strong problem solver, using statistical and data science methods to tackle ‘real-world’ questions;

• Can explain complex data in simple terms; and

• Enjoy working with other actuaries and technical stakeholders across the business.  

What you’ll need:

For this particular role there are some important qualifications and experience we need you to have. These include:

Core skills: 

• Experience in Insurance Actuarial and/or Data Science employment, having completed a number of cycles and so have a clear understanding of what good and great practice looks like;
• Proven ability to work with complex data, statistical analysis, and actuarial modelling;

• Have a real skill and affinity for working with numbers, being in a role involving statistical analysis, or working towards an actuarial, data science or similar qualification;

• Excellent communication skills (both oral and written) including capacity to manage dialogue with senior stakeholders in the business; and
• Effective time management skills and the ability to work well under pressure.  

Advantageous skills: 

• Previous pricing and/or data science experience in the London Market;
• A talent to think laterally in order to develop solutions to support the continued improvement of services by the Technical Pricing team;

• Ideally progressing as a member of the Institute & Faculty of Actuaries, a qualified member or similar, though this is not a pre-requisite;

• Experience of and comfortable using programming languages such as but not limited to SQL, Python, R and VBA;
• Experience using unified analytics platforms such as Databricks, coding collaboration environments such as Azure DevOps and cloud-based data solutions such as Azure Data Lake;

• Experience using and interpreting CAT modelling inputs and outputs; and

Ability to take ownership of a project and deliver outcomes aligned with the team plan

We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!

What Can You Expect From Us?

• Competitive Base Salary
• Performance Related Discretionary Bonus
• Holiday: 28 days core annual leave, and you can buy up to 5 days
• Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
• Private Medical: cover for yourself. Family members/dependants can be added.
• Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits. 
• Life Assurance: 5 x annualised base salary
• Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1. 
• Continuous Learning Approach: Including study support with professional qualifications.
• Employer Supported Volunteering: 3 days volunteering leave.
• Carers Leave: 5 days full pay.
• Annual health screening
• Give as you earn
• Cycle to work
• Season ticket loan
• Green car scheme  
• Retail discount platform

About MS Amlin

MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD.  We operate through four legal entities operating in the Lloyd’s, Continental European, US and Bermudian global (re)insurance markets.

This role is in our Lloyd’s business

Our Lloyd’s business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world.  We operate from our offices in the heart of London’s (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd’s Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.