Actuarial Team Leader - Pricing (Delegated Authority Business) (Part-Time, Job-Share, Full-Time)

Location: We’re flexible! Your team will be mostly based in London and so regular presence in the London office will be required.

Closing date for applications: 1st December 2024

The opportunity

Are you looking for that next step up in your Actuarial career? Are you someone with a desire to drive our Delegated Authority (DA) Pricing team forward through your excellent leadership, organisational and communication skills? If so, this could be your next role and we would love to hear from you!

This role sits within our Delegated Authority (DA) pricing team, which includes both Personal Lines and SME portfolios across multiple lines of business. You’d be leading one of the sub-teams (focussing on SME portfolios) that carries out top quality analysis to support our MGA & DA partners with their pricing and support the wider business in tracking and improving their performance against their financial targets.

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? 

Working within the Delegated Authority (DA) Pricing team as a team lead for the SME portfolios, you will be responsible for:

• Pricing strategy – formulating and executing overall strategy for the DA pricing team in collaboration with key stakeholders, ensuring the team is set up for success in both the short and longer term
• Pricing analysis – instigating and overseeing high-quality pricing analyses, working with our DA partners on model improvements and enhancing the quality of their pricing.
• Portfolio monitoring – developing our portfolio monitoring framework, ensuring outputs that can enable timely and accurate tracking of performance, and extensive insight to improve profitability
• New deals – working collaboratively with other functions to diligently assess and communicate the performance of potential new DA portfolios, and ensuring a robust onboarding process when deals are agreed
• Process improvement – leading the development of efficient and robust systems & processes through innovation
• People management – managing a team of actuaries with a range of experience levels, supporting their technical and professional development and equipping them for successful careers
• Collaborating – building strong relationships, and influencing, a variety of key stakeholders (both internal and external), providing a first class service & trusted pricing input into key business decisions

• Professionalism – demonstrating excellent knowledge of relevant actuarial disciplines and standards, to ensure you are able to provide first class service to our stakeholders and act as a strong role model to the Pricing team
• Culture – leading by example to nurture a friendly, positive and supportive team environment

What are we looking for?

• Extensive experience in Actuarial roles, preferably with significant exposure to delegated authority business
• Experience of people management
• Experience collaborating with a wide range of senior stakeholders
• Excellent market, risk and business awareness
• Advanced knowledge of SME insurance products would be an advantage
• Highly numerate and analytical, with strong technical ability & financial awareness
• Excellent communication, influencing and leadership skills

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.