Location: London

Closing date for applications: 10th March 2024

The opportunity

• Are you looking to step up in your actuarial career?
• Are you looking to have your voice heard and make a real, measurable impact on our business?
• Are you looking for variety in your role whilst working alongside some of the best actuaries and underwriters in the market?
• Are you excited about joining a team that is constantly looking to innovate and explore the art of the possible?

If so, this could be your next role and we would love to hear from you. The location of this role can be flexible but travel to meet other team members and stakeholders in our London office on a regular basis will be required. As part of our hybrid working approach, you’ll also have the opportunity to work from home as well as joining our team in Mark Lane, London.

Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.

What will you be doing?

Within the Commercial Lines Pricing team, you will have the opportunity to work across multiple lines of business including (but not limited to) Property, Casualty, Financial Lines and Energy. This role focuses on our Corporate business meaning that you get to work with on some of the largest and most complex insurance programmes in the market.

You will primarily be responsible for Case Pricing. Carrying out and reviewing bespoke pricing and performance analysis across P&C, Motor, Energy and Specialties lines of business. Collaborating closely with underwriters to come up with robust competitive prices on some of the most unique offerings in the market.

Other responsibilities will also include:

• Pricing tools – Lead the building of new pricing tools and devise a maintenance plan for our current suite of pricing tools, working across various platforms and working closely with underwriters. Ownership and monitoring of technical price assumptions and market pricing decisions. Work closely with our Group actuarial and underwriting teams to scope, build, develop, document and maintain global pricing tools.
• Portfolio management – working with underwriters to lead underwriting strategies to improve and grow our portfolios. Lead the delivery of pricing and portfolio management solutions across multiple portfolios, through advanced analytics, data analysis and modelling. Regular monitoring and reporting of key trends to senior stakeholders in the UK and to Group.
• Technical skills – the chance to constantly challenge yourself through innovation and adaptation of new technologies with opportunities to learn and apply SQL, R/Python, Power BI & more.
• Culture – contributing to a positive and supportive team environment.
• Collaboration – building strong relationships across the company (underwriting, reserving, finance and claims), providing trusted insights and helping to foster a strong data-driven culture.
• Coaching & mentoring – Support and supervise more junior colleagues through coaching of technical and non-technical skills. Provide regular training and support to the actuarial and underwriting communities with a specific focus on best practice.
• Process improvement – continuously improving and challenging our processes to drive further efficiencies for the team and underwriters.

What are we looking for?

• Qualified actuary. Newly/nearly qualified considered.
• Experience gained in an actuarial role (ideally commercial lines / London market)
• Excellent knowledge of actuarial professional guidance
• Market, risk and business awareness
• Excellent knowledge of insurance products and industry
• Highly numerate and analytical
• Technical experience – MS Office suite, coding languages (R, Python, VBA, SQL)
• Communication and interpersonal skills
• Ability to manage own and other team members work portfolio
• As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

Who we are:

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet.

With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.

We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

If you’re interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions – then Zurich could be just the place for you. Be part of something great.

Our Culture:

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.

We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.