Actuarial Analyst - Pricing (UK Mid-Market)

Working hours: This role is available on a part-time, job-share or full-time basis. 

Location: We’re flexible! You’ll be joining our team based in Birmingham, so you’ll be required to be in our Birmingham office at least once per week.

Closing date for applications: 11th March 2025

 The opportunity

• Are looking to make a step up in your actuarial career?
• Are you looking for variety in your role whilst working alongside some of the best actuaries and underwriters in the market?
• Are you looking to have your voice heard and make a real, measurable impact on our business?
• 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! As a Pricing Analyst you will be joining our high performing Mid-Market Pricing team, to work on our industry-leading pricing models, build a variety of performance dashboards and help maintain our customer-oriented service.

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? 

You will be working within the Mid-Market Lines Pricing team on Property, Motor, Casualty and Engineering lines of business. This role focuses on our Mid-Market business meaning that, in our opinion, it offers the best of both worlds – large volumes of data to get your teeth into along with the interesting technical and practical challenges that come with Commercial Lines pricing.

You’ll be responsible for:

• Pricing tools - looking after and improving our current suite of pricing tools, working across various platforms and working closely with underwriters
• Pricing analysis – working with our large & complex datasets to produce high-quality pricing analyses, supporting the development and implementation of model improvements and enrichment datasets to enhance the quality of our pricing.
• Portfolio monitoring – developing and maintaining our data and portfolio monitoring dashboards which are used & trusted by a variety of stakeholders, and utilising these to forecast & communicate emerging performance and key portfolio trends
• Process Improvement - developing and maintaining systems & processes through innovation, incorporating efficiencies and improvements as standard
• Collaborating - building strong relationships across the company (claims, reserving, underwriting, finance), providing a first class service & trusted insights, and helping to foster a strong data-driven culture
• Technical skills – the chance to learn and use SQL, R, Power BI & more
• Professionalism - Demonstrating strong knowledge of relevant actuarial disciplines and standards, to ensure you are able to provide first class service to our stakeholders
• Culture - contributing to a friendly, positive and supportive team environment
• Coaching & mentoring – opportunities to help develop the technical and non-technical skills of more junior team members, with the possibility of line management in the future as you gain experience 

What are we looking for?

Required:

• Highly numerate and analytical
• Excellent communication, teamworking, and time management skills
• Self-motivated with an eagerness to learn and develop

Preferable:

• Experience in an Actuarial role, preferably in General Insurance
• Working towards Actuarial qualifications
• Working knowledge of MS Office, Power BI, SQL, R, or other coding languages
• Good market, risk and business awareness

What will you get in return? 

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday. 

Follow the link for more information about our benefits - Employee benefits | Working at Zurich Insurance UK 

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. #LI-Hybrid