Technical Pricing Manager

🔒 Confidential Employer
Posted 22 March 2026
LOCATION
London
TYPE
Full-time
LEVEL
Mid-Senior level
CATEGORY
Non-life Actuarial
This employer holds a UK Home Office sponsor license — sponsorship for this specific role is at the employer’s discretion

SKILLS

GLMs Machine Learning R Python SQL Git Model Validation Pricing

FULL DESCRIPTION

Technical Pricing Manager – 29170

The purpose of this role is to build high-quality risk models that estimate risk costs (frequency, severity and pure premium) as accurately as possible using state-of-the-art techniques. Ensure rigorous data cleansing and preparation, validate model outputs against financial results and portfolio performance, produce comprehensive documentation, and actively incorporate feedback from key stakeholders (Portfolio, Reserving and Underwriting) to refine and maintain models.

Ref: 29170

Location: London/ Hybrid working

Category: Non-life Actuarial

Type: Permanent

Overview

Key Responsibilities (including but not limited to):

  • Own the end-to-end modelling lifecycle: problem framing, data build, feature engineering, model development, validation, documentation
  • Build and maintain risk and price models using GLMs and machine learning
  • Translate models into implementable rating structures
  • Strong governance: change control, champion–challenger/shadow runs, rollback plans, and clear approvals and audit trails

Experience required:

  • Strong general insurance pricing toolkit: GLMs (Poisson/NB/Tweedie), GAMs, credibility/hierarchical methods; experience with tree-based ML (GBM/XGBoost/CatBoost) and regularisation
  • Proficient in R and Python, with strong SQL; comfortable in Git-based workflows and “in the engine room” with proprietary rating systems
  • Hands-on experience taking models from concept to live in rating engines; robust validation, change control and post-live monitoring
  • Familiarity with peril/exposure enrichment relevant to home insurance (e.g. flood and subsidence datasets) and geospatial modelling considerations
  • Awareness of reserving concepts, claims inflation and their interaction with technical pricing
  • Knowledge of model risk management, documentation standards and governance under UK regulation (Consumer Duty, Fair Value Assessments, GIPP)
Sign up free — access 45,000+ UK sponsor-licensed jobs