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About the Role

Reporting to a Senior Actuary, this role supports the pricing and actuarial function across OAK Global. It offers a hands-on opportunity to build experience in a collaborative business, working closely with underwriting, capital, finance, and strategy teams. The role provides broad business exposure and contributes to meaningful work from an early stage, with support for developing technical skills, confidence, and commercial judgment.

Responsibilities

Partner with underwriters across multiple classes to price individual risks accurately and consistently.
Apply approved pricing tools and methodologies with guidance and peer support.
Clearly document pricing assumptions, rationale, and outcomes to an auditable standard.
Help train and support colleagues in the use of pricing tools and models.
Build, maintain, and improve class pricing models.
Document models in line with actuarial and internal standards.
Participate in peer reviews and model validation, learning best practice.
Help keep models up to date through version control and structured change logs.
Support business planning through historical analysis and projections.
Contribute market and portfolio insights to planning and SBF submissions.
Assist with capital model inputs and scenario analysis alongside the Capital team.
Help develop clearer portfolio views and management information for decision-makers.
Provide analysis to support reserving and financial reporting cycles, including Cat and non-cat loss modelling, class-level and portfolio analysis, and loss ratio commentary and ceded analysis.
Support analysis of retrocession structures, including scenario testing and ROE impact.
Help assess cost/benefit trade-offs under guidance from senior colleagues.
Contribute ideas, testing, and feedback to the ongoing development of OCEAN.
Work with IT and Data colleagues to improve data quality, controls, and usability.
Assist with analysis of new classes, ventures, or strategic opportunities.
Support profitability, portfolio, and capital impact assessments.
Occasionally contribute to presentations or materials for internal and external use.
Take part in mentoring and development conversations.
Support (and over time help develop) junior colleagues.
For actuarial students, progress exams in line with an agreed study plan.

Requirements

Degree or equivalent experience
Early-career actuarial or pricing experience
Excellent analytical skills with a risk-focused mindset
Curiosity and attention to detail, with a desire to understand the “why” as well as the “how”
Ability to communicate technical concepts clearly to non-actuarial stakeholders
Interest in technology, modelling, and data-driven decision-making
Proactive and collaborative approach, with confidence to ask questions and challenge thinking
Forward-thinking mindset, including the ability to horizon scan and think creatively
Excellent ownership and follow-through, with the ability to see tasks and projects through to completion

Skills

Pricing
Actuarial
Risk analysis
Data analysis
Modelling
Communication
Collaboration
Problem-solving
Technology interest
Data-driven decision-making

Location

London

Work Type

Full-time

Experience Level

Early-career

Education Level

Degree or equivalent experience

Benefits

Early exposure to real commercial decisions
Strong support for learning, exams and career development
The chance to help shape tools, processes and ways of working from the ground up

About the Company

OAK Global is a leading risk partner, delivering innovative and tailored risk solutions to clients around the world.
Rooted in the strength of Lloyd’s and with a mission to underwrite a resilient future, OAK Global aims to deliver innovative risk solutions in a fast-evolving risk landscape.
The company prides itself on fostering trusted partnerships and leveraging advanced analytics and underwriting expertise to deliver growth for investors and partners.
Headquartered in London and launched in late 2024, OAK Global offers specialist capability across property, cyber, credit, marine, energy and terrorism, transition and innovation.
OAK Global is at an exciting stage of growth; within its first year, the company launched two Syndicates: OAK Global insurance (Syndicate 2843) offers primary reinsurance while OAK Enterprise (Syndicate 1440) offers retrocession across multiple classes of business.
Backed by diverse investors, from private equity to Lloyd’s Names and trade capital, OAK Global is investing heavily in talent and technology to support its growth ambitions.
At the heart of OAK Global is a culture where everyone feels welcome, challenged and connected to our purpose.
This culture thrives on collaboration, authenticity and a commitment to help others realise their potential – we value and respect the unique skills of every individual and foster an environment that enables ambition.

Equal Opportunity

OAK Global is committed to building a diverse and inclusive workplace.
We encourage applications from candidates of all backgrounds and experiences.