Pricing Actuary
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Job Location:
Monthly Salary:
Posted on:
20 hours ago
Vacancies:
1 Vacancy
Job Summary
Who We Are
Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug technology platform for more than 80 partners. We provide most of our insurance products through APIs and host white-label insurance solutions via our Play&Plug technology platform.
With a footprint spanning 32 countries Wakam is the European leader in digital and embedded insurance.
Strongly committed to social responsibility Wakam is a mission-driven company dedicated to enabling transparent and impactful insurance.
About the Team
The Underwriting team at Wakam lies at the core of strategic decision-making and risk analysis. Our mission To develop pricing strategies and risk frameworks that ensure profitable sustainable and competitive insurance solutions for our partners.
We blend actuarial science data analytics and innovation to build cutting-edge products across Europe from Motor and Home to Pet A&H and Extended Warranty. We partner closely with MGAs reinsurers and internal teams to bring our vision to life.
Your Mission
As a Pricing Actuaryyou will play a pivotal role in delivering Wakams UK pricingacross products including Motor Home Pet and SME insurance. You will lead the development and implementation of data-driven pricing frameworks ensuring alignment with business objectives market dynamics and regulatory expectations.
This role combines strategic thinking hands-on technical delivery and strong stakeholder managementinternally and externally.
Your Responsibilities
Pricing Strategy
You execute pricing strategies to deliver profitable growth and market competitiveness. You collaborate with distribution partners (including MGAs) to understand market needs refine pricing models and design tailored solutions. You carry out statistical risk modelling define target profitability and pricing criteria and implement pricing modelsoften via APIs through Wakams platform or in coordination with partners.
Portfolio Management & Analytics
You develop management information and run ad-hoc analyses to support key decisions. You monitor and optimise portfolio performance contribute to improved forecasting and conduct regular reviews of pricing structures profitability and customer segmentationtaking into account competitor pricing claims trends and regulatory updates.
Technical Pricing
You design implement and enhance pricing models using actuarial and statistical methods. You monitor model performance and recalibrate when needed and you investigate innovative technical solutions to complex business problems. You also perform peer reviews of MGA pricing proposals to ensure technical robustness and consistency.
Stakeholder & Partner Management
You collaborate with MGAs and internal teams to support pricing decisions product design and portfolio management. You present results internally and to distributors communicate complex pricing topics to non-technical audiences and ensure pricing strategies remain compliant with applicable UK regulatory requirements.
What You Bring
Essential
- 7 years experiencein pricing roles within theUK insurance market coveringMotor Home and/or SME.
- Strong understanding of UK market dynamics and the regulatory framework.
- Demonstrable proficiency in actuarial techniques and pricing modelling.
- Experience with P&C pricing tools (e.g.AKUR8 RADAR EARNIXor equivalent).
- Strong programming skills inSQL and/or Python.
- Experience withmachine learningapproaches and data visualisation tools (e.g.Power BI Tableau).
- Proven track record of leading pricing projects and/or teams.
- Excellent communication skills and ability to influence stakeholders at all levels.
- Strong commercial acumen and strategic thinking.
Desirable
- Actuarial qualification (FIA/FFA) or progress toward qualification (ideal but not required).
- Experience working withMGAsor within aB2B2Cinsurance model.
Who You Are
You combine rigour and analytical excellence with pragmatic execution. You are solutions-oriented intellectually curious and comfortable challenging the status quo when needed. You thrive in a fast-paced international environment and communicate clearly across a wide range of stakeholders. You take ownership of outcomes act with high integrity and bring resilience and positive energy to your work.
AI & Digital Mindset
You are comfortable with modern data tooling and automation and you enjoy building repeatable auditable analysis workflows. Youre curious about advanced analytics and AI when they add measurable value (segmentation monitoring decision support) while maintaining high standards for traceability explainability and governance.
Why Join Wakam
Youll join a leading European embedded insurer where pricing has direct impact and visibility. Youll work on diverse UK products collaborate with a broad ecosystem (including MGAs) and help build scalable data-driven pricing frameworks in a regulated context.
Hiring Process
We aim for a fast and insightful process:
Introductory Interview with our Talent Acquisition Partner.
Manager Interview with our UK Chief Underwriting.
Technical Interview with the EU Team.
Culture Fit Interview in our London office with the Head of People and our Chief Underwriting.
Ready to build the future of pricing at Wakam
Apply now and become part of our journey to redefine embedded insurance across Europe.
> Welcome @Wakam
More About Us
Check out our website to learn about the11 cultural markers that make Wakam truly special! If youre adventurous impact-driven and ready to shape the future of insurance wed love to meet you!
What Makes Us Unique:
True remote work flexibility with our Wakam From Anywhere (WFA) program - yes we even have a teammate working from a sailboat!
Flat hierarchical system promoting direct impact and autonomy
Monthly : dedicated time for personal growth and skills development
Lunch voucher with Swile card
A meaningful company: we became a Mission-driven company in March 2021
Work alongside passionate experts:who will share their knowledge and help you develop and grow in your career.
At Wakam our Free to Impact culture is built on four essential pillars that shape everything we do :
Communication & Knowledge Management
Foster transparent collaboration across our flat organizational structure
Share knowledge freely in our highly collaborative environment
Contribute to our collective intelligence through open dialogue
Curiosity
Embrace our monthly for learning and skills sponsorship
Think big and challenge conventional insurance norms
Stay eager to learn and explore new possibilities
Continuous Improvement
Take initiative to transform the insurance industry
Turn challenges into opportunities for innovation
Constantly evolve our ways of working
Outcome Oriented
Focus on impact rather than hierarchy
Drive results through clear objectives and autonomy
Transform bold ideas into concrete solutions
At Wakam we are committed to fostering an inclusive environment where diversity is celebrated. If you require any reasonable adjustments during the recruitment process please feel free to reach out to your recruiter.
Key Skills
- Access
- IT Business Analysis
- Corporate Sales
- E Learning
- Facility Management
- Animal Charity
About Company
Découvrez Wakam, assureur B2B2C digital européen et créateur de d’assurance sur-mesure en marque blanche, expert en portage de risque.
