Senior Pricing Actuary UK/EU

About Accelerant

Accelerant is a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers. Accelerant was founded in 2018 by a group of longtime insurance industry executives and technology experts who shared a vision of rebuilding the way risk is exchanged – so that it works better, for everyone. The Accelerant risk exchange does business across more than 20 different countries and 250 specialty products, and we are proud that our insurers have been awarded an AM Best A- (Excellent) rating. For more information, please visit www.accelerant.ai.

As a Senior Actuary at Accelerant, you will join the UK/EU Actuarial Pricing Team, dedicated to ensuring the profitability of the MGAs we work with and providing meaningful data-driven insights. You will evaluate new MGA opportunities, as well as provide actuarial support for a panel of current MGA Members. You will work closely with the Underwriting, Distribution, Claims, and Technology teams. The ideal candidate is a highly skilled actuary who is passionate about working with data, technically proficient, curious about understanding new insurance products (predominantly P&C and Professional lines), and a clear communicator.

We are a fully remote company. If you want to work with smart and talented coworkers who will challenge and support you in a fast-paced environment, then this might be the opportunity for you!

We are open to a candidate being based in any of the following locations:

UK, Austria, Belgium, Denmark, Italy, Germany, France, Hungary, Malta, Netherlands, Norway, Spain, Sweden

How you will spend your time

• Evaluate and price new MGA opportunities to ensure profitability targets will be achieved. Develop rate level and rating algorithm changes needed to achieve profitability.
• Work closely with a panel of existing Member MGAs to ensure continued profitability and address any actuarial support needed.
• Think creatively about how the actuarial function can better serve our Member MGAs at scale.
• Stay abreast of industry trends, regulatory changes, and emerging risks, providing proactive recommendations.
• Build relationships internally and collaborate effectively across Underwriting, Distribution, Claims, and Technology teams.

You will be successful if you have

• Qualified Actuary with IFOA or equivalent.
• 7+ years P&C actuarial experience; commercial lines pricing experience is preferable.
• Exposure to a wide variety of P&C, Niche & Specialty commercial lines insurance products.
• Strong analytical and modelling skills, with proficiency in industry-standard software (e.g., Python, R, Excel).
• Communicate and collaborate well with both technical and non-technical audiences.
• An eagerness to learn and collaborate with others, learn quickly, and work with little supervision.
• Fluent in English and preferably fluent in one or more of the following additional languages: German, Spanish, French, Italian

Originally posted on Himalayas