Pricing Actuary

London, ENG, GB, United Kingdom

Job Description

The Acorn Group is one of the fastest growing insurance businesses in the UK, delivering specialists motor insurance products through a unique and integrated model. With over 700m in GWP and exceptional performance in a highly competitive market, we're on a mission to become the UK's leading specialist motor insurer.



We're looking for outstanding pricing talent to join our high-performing Pricing team. You'll have the opportunity to shape our pricing sophistication, implement innovative data science techniques and make a real impact in a business where your input truly matters.



As a Pricing Actuary, you will play a pivotal role in the delivery of pricing strategy and innovation across Private Car, Telematics, Commercial Vehicle, and Taxi products. Working with a small team of expert actuaries and data scientists you'll help drive business- critical decisions using advanced statistical and machine learning models.



Job Title:

Pricing Actuary

Location:

Liverpool or London on a hybrid basis

Salary:

Competitive DOE

Working hours:

37.5 hours per week, Monday to Friday, 9am to 5:30pm



What you will be doing:



Build statistical and machine learning models to enhance risk cost and profitability predictions Conduct data analysis to support segmentations, performance monitoring and modelling enhancements Identify and implement innovative solutions for pricing and policy growth Present insights and solutions clearly to senior stakeholders Contribute to our dynamic and fast-paced pricing roadmap

What we are looking for:



A background in statistical, data science or actuarial roles Proficiency in Python for data handling and predictive modelling 2+ years UK motor pricing experience, ideally building GBMs Solid understanding of GI pricing, GLMs and machine earning techniques Strong communication skills, with the ability to translate technical detail for non-technical stakeholders A proven ability to deliver pricing initiatives with tangible results Independent thinker, self-starter and a problem solver A mathematical degree with strong academic performance is desirable Bonus: Experience with Emblem, Radar, Radar Live, or Databricks

About Acorn Insurance

With over 40 years of experience, Acorn Insurance is a specialist provider dedicated to helping individuals secure motor insurance across the UK. We proudly serve more than 50,000 customers, ensuring they find policies that meet their needs and provide the peace of mind that comes with high-quality cover.



At Acorn Insurance, we offer comprehensive training and continuous in-house coaching. You'll receive in-depth, FCA-regulated industry knowledge and all the tools necessary to grow your career with us.



We celebrate diversity and are committed to fostering a culture where everyone feels respected and valued. As a Disability Confident employer, we ensure our workplace is accessible and inclusive, encouraging our people to bring their best selves to work every day.



The Acorn Group has been recognised as a Great Place to Work for 2024/5.



Why Acorn Insurance?

Acorn Insurance want to give you more than a job, we want to give you a purpose and a career. So, what can we offer you as an employer? Some of the "your tomorrow" benefits you will receive include:



Wellbeing:



Enhanced Annual Leave entitlement starting at 31 days and potentially increasing to 35 days per year depending on grade & length of service (including bank holidays) Enhanced paternity pay and 16 weeks full maternity pay. Colleague Assistance programme offers a suite of wellbeing services such as: 6 Free Counselling sessions per year Unlimited access to a telephone councillor 24/7 Access to a free 4-week programme of cognitive behavioural therapy (CBT) with a trained therapist mentor. Network of internal qualified mental health first aiders are available to provide support to colleagues.

Financial:



A core level of life assurance with the option to increase cover via salary sacrifice and add your spouse/partner Ability to access your earnings before payday via Dayforce Wallet. Refer a friend scheme with a 250 bonus for every colleague recommended on passing their probation period. Access to a flexible benefits platform including an annual flex pot allowance to spend on over 15 benefits of your choice. Ability to give back. You can opt into donating money to charity to climate positive organisations directly from your salary.

Reward, Recognition and Culture:



Long Service Award paid on 5,10- and 15-years' service A reward and recognition hub to celebrate and reward colleagues and peers. Consistent and engaging company events including company awards, competitions and charity fundraisers. Budgets for department leaders to use for social and engagement events.

Visit our website to view more of our excellent work benefits!



All roles are subject to DBS and Financial checks, any offer made will be conditional until checks are completed to a satisfactory standard.



Due to the length of training and complexity of the role, we can only accept applications from candidates who have at least one year remaining on their (Graduate/ Post study work) visa. Unfortunately, we are unable to provide visa sponsorships.



At Acorn, we are committed to creating an inclusive and supportive work environment. Whether it's modifying equipment, adjusting working hours, or providing additional support, we aim to ensure all employees can perform at their best. If you require any reasonable adjustments, please let us know during the application or interview process, and we will work with you to ensure your needs are met.



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Job Detail

  • Job Id
    JD3394151
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, ENG, GB, United Kingdom
  • Education
    Not mentioned