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About the Role

This role sits within our Pricing team, supporting Marine classes across approximately EUR 400m gross written premium. We are looking for someone with strong technical pricing foundations, good actuarial judgement and the confidence to work closely with underwriters, product leads and wider business stakeholders. This is an important hire for the team, offering the opportunity to step into a visible role where your work will support pricing decisions, portfolio performance and model development across the business.

Responsibilities

Developing a strong working relationship with other Pricing Actuarial Analysts, Pricing Actuaries, underwriters and Underwriting Management within the Insurance Division.
Assisting in the development and deployment of pricing models into pricing platforms, ensuring models comply with the Technical Pricing Framework and Pricing Policy.
Preparing and analysing external and internal data to build, test and validate technical pricing models.
Supporting underwriters with actuarial and technical matters, including case pricing, renewal monitoring, expected loss cost calculations and appropriate challenge where required.
Supporting the business and underwriters on other actuarial-related matters.
Working with management to monitor and improve business performance, including through Pricing Portfolio Reviews, and providing an independent opinion on the quality of risks written.
Maintaining and developing management information available for analysis and reporting.
Liaising with other functions within the company, including Catastrophe Modelling and Underwriting Modelling Development, where required.
Continuing to work towards full actuarial or a similar qualification.

Requirements

Experience in pricing, ideally within commercial insurance, specialty lines or the London Market.
A background as a Pricing Analyst, Actuarial Pricing Analyst or similar.
A degree in Mathematics, Statistics, Actuarial Science or a closely related quantitative discipline.
Progress towards actuarial qualification, or equivalent actuarial/pricing experience.
Around three or more years’ relevant pricing experience, with the ability to contribute quickly.
Strong Excel skills.
Experience using programming languages such as SQL, VBA or similar.
Excellent communication skills, with the ability to explain complex analysis clearly to non-technical stakeholders.
Confidence working with underwriters and business stakeholders.
Strong attention to detail, problem-solving ability and commercial judgement.
Experience with Python.
Experience with pricing model development or model transition work.
Experience with Emblem, R or similar actuarial/pricing software.
Experience with London Market or specialty insurance pricing.
Experience working closely with underwriters on technical pricing decisions.

Skills

Pricing
Actuarial judgement
Technical pricing
Excel
SQL
VBA
Python
Emblem
R
Communication
Attention to detail
Problem-solving
Commercial judgement

Location

London

Work Type

Flexible / Hybrid working

Experience Level

Around three or more years’ relevant pricing experience

Education Level

Degree in Mathematics, Statistics, Actuarial Science or a closely related quantitative discipline
Progress towards actuarial qualification

Benefits

Competitive salary and benefits package
Flexible and hybrid working
Supportive and collaborative team environment
Open culture where new ideas and better ways of working are encouraged
Strong focus on diversity, inclusion and equal opportunities
Wellbeing and mental health support
Employer-supported volunteering
Continuous learning and structured career development
Competitive actuarial study support package
Opportunities to travel across six global underwriting hubs

About the Company

At MSIG Specialty Marine, our actuaries are central to how we understand, assess and manage risk.
In an uncertain world, we believe trust is built through consistency, care, and genuine collaboration.
At MSIG Europe, we take the time to understand our clients’ needs and shape pragmatic solutions that truly protect their business.
Guided by a people-first vision rooted in our Japanese heritage, we’re here to build lasting relationships — grounded in trust, every day.
MSIG Europe is part of the top 10 global insurance provider MS&AD and has a long-standing legacy of providing insurance solutions to companies of all sizes around the world.
We understand and calculate risks to protect businesses and help mitigate the inevitable and varied challenges.
Headquartered in Brussels, Belgium, MSIG Europe operates from Belgium, France, Germany, Italy, the Netherlands, Slovakia, Spain and the UK.
Our Japanese heritage defines our guiding principles of respect, trust and care, and ensures the backbone of a strong global network.

Equal Opportunity

Strong focus on diversity, inclusion and equal opportunities.