Key Duties & Responsibilities:
Develop and maintain actuarial pricing models using statistical and analytical techniques
Analyse internal and external data to identify trends and assess risk factors influencing pricing decisions
Partner with underwriting teams to deliver pricing support, including individual case pricing aligned with best‑practice actuarial methods
Maintain policies, technical procedures, and methodology documents for actuarial models
Support development of pricing models within the hx Renew pricing system, including wireframe Excel builds and maintenance of live models
Support portfolio performance monitoring, rate adequacy analysis, and pricing insights for senior management
Conduct ongoing testing and validation of model changes, ensuring appropriateness of techniques and parameters
Collaborate with data engineering and technology teams to enhance data quality, model inputs, and pricing workflows
Present pricing analyses and recommendations to underwriting and management teams in a clear and actionable manner
Provide actuarial support to other functions such as reserving, business planning, risk, and capital modelling
Qualifications & Experience:
Bachelor’s degree in mathematics, actuarial science, or another relevant numerate subject
Successful completion of at least two actuarial exams and relevant actuarial experience
Minimum two years’ experience in the (re)insurance industry; pricing experience preferred
Experience in model development and validation
Strong technical skills, proficiency with Excel, VBA and PowerBI
Experience with pricing platforms or rating engines (e.g., hx Renew) is an advantage
Coding experience—especially Python—is an asset
Strong organisational skills with the ability to manage multiple modelling and pricing projects simultaneously
Excellent written and verbal communication skills
Ability to collaborate effectively across teams, departments, and jurisdictions
A proactive mindset with a drive to improve processes, innovate, and support business growth in a fast‑paced environment
Skills Required
- Bachelor's degree in mathematics, actuarial science, or another relevant numerate subject
- Successful completion of at least two actuarial exams
- Minimum two years' experience in the (re)insurance industry
- Experience in model development and validation
- Strong technical skills, proficiency with Excel, VBA and PowerBI
- Experience with pricing platforms or rating engines (e.g., hx Renew)
- Coding experience--especially Python--is an asset
- Strong organisational skills
- Excellent written and verbal communication skills
- Ability to collaborate effectively across teams, departments, and jurisdictions
- Proactive mindset to improve processes and support business growth
What We Do
Ascot Group is a global specialty insurance and reinsurance group with a record of underwriting excellence and superior claims service. Founded in 2001, Ascot provides a broad range of property and casualty products to customers worldwide through its Lloyd’s and Bermuda market platforms. In the United States, Ascot provides specialized insurance products to small and mid-sized businesses as well as offering underwriting services to high-quality carrier and syndicate partners.
