Pricing Analyst

Overview

As a Pricing Analyst you support day-to-day actuarial pricing and assist the pricing transformation program within Ascot’s London-based operation. You work with underwriting teams to apply actuarial pricing techniques, maintain rating tools, and help develop the Pricing Framework and reporting. The role offers exposure to cross-functional pricing initiatives and data-driven insights across lines of business. You’ll collaborate with experienced colleagues, learn Renew-based pricing, and contribute to a growing actuarial function within a collaborative, ambitious culture.

Responsibilities

• Provide day-to-day pricing support and ad-hoc case pricing with guidance from senior colleagues
• Maintain and validate rating tools and pricing capabilities across classes of business including model documentation
• Contribute to the Pricing Framework and Lloyd’s Pricing Maturity Matrix, and promote adoption of pricing concepts
• Build relationships with underwriting teams to support adoption of pricing tools
• Assist with portfolio management reporting and deriving insights from hx Renew data
• Prepare rate adequacy/change reporting and materials for committee and external meetings (Lloyd’s, PRA) and the Actuarial Function Report
• Support the Pricing Transformation project by migrating models from Excel to hx Renew and rebuilding models in Renew
• Help document pricing models in hx Renew and provide Renew support to underwriting teams
• Test and validate model functionality in hx Renew and assist with data integration between hx Renew and other systems
• Contribute to group actuarial culture, seek efficiencies, engage in industry workshops, and liaise with IT, MI, Data, Underwriting, Reinsurance and Exposure Management

Key requirements

• Numerate academic background (e.g., mathematics, statistics, economics, actuarial science, engineering)
• 0–2 years’ relevant experience; recent graduates encouraged
• Studying towards or aiming to start IFoA actuarial examinations
• Interest in actuarial work and pricing; strong analytical and numerical skills
• Proactive, self-motivated with a willingness to learn and solve problems
• Good written and verbal communication and ability to build cross-team relationships
• Proficiency in Microsoft Excel; familiarity with Python, hx Renew or Power BI is advantageous
• Familiarity with C#, SQL, VBA or R is beneficial but not essential
• Eagerness to learn new software and technical skills
• Awareness of data-driven pricing concepts and risk-focused thinking

• Proactive and self-motivated
• Strong communication and relationship-building
• Analytical mindset with attention to detail
• Excel
• Python (advantageous)
• hx Renew (advantageous)

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