Head of Pricing - Pricing Actuary

Join WPA and take your first steps towards a great career.

Head of Pricing - Pricing Actuary

An excellent remuneration package is available. Full-time 37 hours per week. Part-time hours would be considered for the right candidate.
Permanent role based in Taunton, Somerset, close to J25 of the M5. Closing date: 3 July 2022

The role

WPA is a leading UK specialist insurer based in the South West. We are currently seeking an experienced pricing actuary to enhance our pricing team.

We are looking for someone who can leverage our recent investment in data infrastructure to advance our strategic price modelling. It is an exciting opportunity to reinvent our approach to pricing that will enable us to make more strategic, data enabled pricing decisions. We are looking for someone who is not afraid to challenge the status quo and someone willing to bring the latest techniques and technology.

You will report directly to the Chief Underwriting Officer and Chief Risk Officer and will have a number of other stakeholders on the Board and in our wider Leadership Team. You will provide your expert opinion to the Leadership Team on how to achieve our strategic goals, underpinned by analysis using internal and external data.

The role is a critical part of the next stage in WPA’s exciting evolution. The ideal candidate will want to work with our vibrant team and interact as much as possible with all parts of the business to maximise their impact.

What can you bring to WPA?

The ideal candidate will:

  • Be a self-starter with experience in developing pricing models;
  • Have recent experience working within the UK health insurance sector and knowledge of pooled risk and no claims discount pricing;
  • Have experience in machine learning to develop predictive pricing models;
  • Understand and develop market/risk and demand models;
  • Use embedded value models to aid long term decision making;
  • Be capable of working with people at all levels and developing strong relationships across the business;
  • Be a clear communicator with the capability of simplifying the complex.

If you are interested in finding out more about this exciting role, please contact Peter Venables, WPA’s Chief Risk Officer; Peter.Venables@wpa.org.uk

A great career. A great place to work.

Your long-term commitment, passion and desire to always be the best you can, will be rewarded. We will help you to develop the career you have been waiting for.

Benefits include

  • Competitive starting salary.
  • Flexible Holiday entitlement that increases with length of service and which can be bought and sold subject to certain maxima and minima.
  • Comprehensive induction programme.
  • A commitment towards your ongoing training to help you develop the career you want.
  • Gain recognised professional qualifications as appropriate.
  • Contributory pension.
  • Participation in WPA's annual companywide bonus incentive scheme, Partnership for Excellence.
  • Access to an Occupational Health Nurse, Employee Assistance Programme with face to face counselling and a free annual flu vaccination.
  • Two paid charity leave days per annum.
  • Free on-site parking in WPA's secure car park.
  • Private health insurance.
  • Life insurance.
  • Subsidised onsite restaurant.
  • Monthly awards to recognise employee achievements.
  • Cycle to work scheme.
  • Free charging points for environmentally friendly vehicles.
  • Remote GP Services - access to a private GP 24/7, free to use for employees, partners and their dependants.
  • Employee Cash Plan, specifically designed for employees and child dependants - partners can be added.
  • Length of Service awards - financial awards for each five completed years of service.

How to apply

Before submitting your application, please ensure you have a clear understanding of the role and why you think you may be suitable. If you have any queries at all about the role, you are welcome to contact us to discuss these first.

Completing the application form is the first step of the recruitment process and it is your opportunity to demonstrate why you are the most suitable candidate for the job. It is your chance to make sure that with the right effort, your application stands out amongst others.

It is essential that any information provided is accurate, legible and comprehensive as thorough recruitment vetting procedures take place which will verify the content of your CV, including (but not limited to): examination dates and grades, previous employment checks including job titles and dates of employment, any gaps in employment and convictions/cautions/reprimands/final warnings. Some checks are undertaken as part of the recruitment process, but all job offers are subject to Disclosure and Barring Service (DBS), fraud prevention and credit checks, references, proof of eligibility to work in the UK, residency and identity, proof of qualifications (where appropriate) and National Insurance number.

Please download and save the application form to your computer. You will then be able to complete the form electronically. Save and send your completed application form and covering information to personnel.services@wpa.org.uk

Any information that you supply to WPA will be processed in accordance with the Data Protection Act 2018. For further details of our Information Security Policy please visit www.wpa.org.uk/privacy

Not found what you're looking for?

We are always interested in hearing from forward-thinking, dynamic individuals. If your skills and experience aren't suited to our current vacancies, please feel free to email your CV to us detailing the type of work you are searching for.