Head of Pricing Risk – P&C Insurer

Company: North Co Recruitment
Apply for the Head of Pricing Risk – P&C Insurer
Location: London
Job Description:

North Co Recruitment are working with one of the top general insures to appoint a Head of Insurance Risk into their risk function as they drive through an exciting period of change. This is a technical risk role – built for an actuary with pricing experience who wants to deploy that technical depth to shape how the business makes strategic decisions, rather than remain a practitioner.

What you’ll do

  • Own independent review and challenge of business strategy across pricing, underwriting, reserving and reinsurance risks.
  • Lead the Insurance Risk Management Framework across the UK business, including risk appetite, breach management and recovery planning.
  • Oversee product and deal approval processes, providing second‑line challenge on new products, pricing models and performance against financial targets.
  • Partner with the Actuarial team to ensure insurance risks are properly reflected in capital models, reserves and reinsurance strategy.
  • Lead annual stress testing and scenario analysis, translating findings into actionable risk management decisions.
  • Present insurance risk insights to senior management, board committees and regulators with credibility and authority.

What we’re looking for

  • Chartered or fully qualified actuary, or equivalent senior‑level insurance qualification.
  • Substantive technical experience in pricing and/or actuarial, with a clear understanding of how pricing drives business revenue, growth and optimisation.
  • A track record of providing independent challenge and oversight – comfortable holding a senior position in the room.
  • Exceptional stakeholder management skills, with experience influencing senior executives, board members and regulators.
  • Strong grounding in insurance products, market trends and the UK regulatory environment.
  • Consultancy or insurer background both considered – direct insurance experience is preferred.
  • Hybrid working applies, with a mix of home and office‑based collaboration.

If you’re looking for a Head of Insurance Risk role with genuine strategic ownership, a seat alongside the Chief Actuary, and scope to shape how risk and pricing interact at a group level, we’d be keen to speak.

Salary: c.£150,000 base, plus bonus and wider benefits.

Location: Hybrid, London Based.

Please note, the client is unable to offer sponsorship for this opportunity.

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Posted: August 13th, 2026