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Underwriting Pricing Risk Manager

High Finance (UK) Limited T/A HFG
Posted 4 days ago, valid for 5 days
Location

London, Greater London EC2V7NQ, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking an Underwriting and Pricing Risk Manager for a leading general insurance group to support their Group Risk & Compliance function.
  • This role requires a qualified or part-qualified actuary or a financial risk professional with relevant experience, ideally with prior experience in general insurance within a Solvency II and PRA-regulated setting.
  • The position involves providing 2nd line oversight of underwriting and pricing risks, embedding effective model risk management, and supporting ORSA processes.
  • Key responsibilities include conducting deep dive reviews, updating policies, and assisting in the design and delivery of stress testing.
  • The salary for this position is competitive, and the role requires significant experience in the insurance sector.

We are working with a leading general insurance group to recruit an Underwriting and Pricing Risk Manager to support their Group Risk & Compliance function. Reporting to the Head of Financial Risk, this newly created role will play a key part in providing 2nd line oversight of underwriting and pricing risks across the business, with a focus on embedding effective model risk management and supporting the delivery of ORSA processes. Key Responsibilities include but are not limited to:

  • Providing 2nd line oversight and assurance of underwriting and pricing risks, including deep dive reviews, policy updates, and risk event reporting.

  • Supporting the application of the Risk Management Framework to identify, assess, and monitor material risks within underwriting and pricing functions.

  • Assisting in the design and delivery of group-wide ORSA processes and stress testing.

  • Helping to embed and oversee the Group's Model Risk Management Framework, with particular focus on underwriting and pricing models.

  • Liaising with the wider Finance and Actuarial functions to support oversight of reinsurance and investment strategies.

  • Attending and contributing to relevant governance forums such as Underwriting and Pricing Committees.

This is a fantastic opportunity for a qualified or part-qualified actuary, or a financial risk professional with relevant experience, to take on a strategic oversight role in a dynamic and forward-looking environment. Prior experience in general insurance within a Solvency II and PRA-regulated setting is highly desirable. Apply below to learn more.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.