Head of Pricing

About the role

The Head of Pricing will lead the insurer's technical view of the models driving pricing, including actuarial risk, demand, and market models. This role involves validating modelling approaches, including AI-driven methods, and ensuring the integrity of rates used for personal and commercial motor insurance. You will act as a senior technical voice within a small actuarial team, collaborating closely with underwriting and co-insurance partners.

Responsibilities

• Lead the insurer's technical view across the full model landscape including actuarial, demand, and market models.
• Independently validate modelling decisions, rating factor choices, and assumptions for actuarial risk models.
• Review, validate, and challenge pricing and underwriting proposals across personal and commercial lines.
• Contribute to portfolio management and provide insights on performance KPIs.
• Support the insurer's position with co-insurance partners regarding net rates and model validation.
• Mentor and coach junior actuarial colleagues while building robust processes and governance.

Required skills

• Actuarial modelling
• GLM
• Emblem
• Akur8
• Python
• UK motor pricing
• GBM
• Machine learning

Nice to have

• Telematics pricing
• Portfolio management

Qualifications

• Qualified actuary
• Equivalent track record inside an actuarial pricing team

Benefits

• Market-competitive salary
• Annual performance bonus
• Share options
• Private medical insurance
• Pension
• Generous holiday
• Annual learning and travel budget

About the Company

Zego is an insurance company building real-time, AI-driven infrastructure to power innovative insurance products. They focus on high-performance teams and aim to lead the AI evolution in the insurance industry.