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    4. Graduate Pricing Analyst London 2024
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    We are a leading U.S.-based property and casualty insurance company with more than 2,500 employees and a vast network of independent insurance agents across the United States. We provide personal insurance in 10 states, commercial insurance in 21 states, and surety products in all 50 states. A proven commitment to people is at the heart of all we do.

    Westfield was founded in 1848 by a small group of hard-working farmers who wanted a better way to protect their farmland and the livelihood of their community. While a lot has changed since then, our commitment to our founders’ vision and our communities has not.

    Key accountabilities

    • Support the build, development and review of the rating models for each line of business.
    • Assess and determine the pricing adequacy on individual accounts both open market and binders.
    • Monitor and report of key pricing metrics – adequacy and rate change - for internal and external use.
    • Support portfolio analysis work carried out by the pricing team to achieve any underwriting strategy or portfolio steering targets.
    • Support the examination of historic loss information (internal and external data) across the portfolios to enhance the performance of the accounts.
    • Gain knowledge of the market, and learn about advanced pricing methods, to support adapting pricing techniques in order to achieve organisational targets.
    • Begin to build effective working relationships with the underwriting department and other key stakeholders, providing training and support to underwriting teams where necessary.
    • Ad hoc analyses to support management as required.
    • Participate in group-wide pricing or actuarial projects.

    Role requirements

    Skills/competencies

    • Ability to work in a team environment
    • Desire to focus on both business and technical issues
    • Ability to apply independent thought to coming up with solutions to business problems
    • Able to communicate technical ideas to non-practitioners in a clear and concise manner

    Qualifications

    • Expecting to join the Institute of Actuaries and beginning taking the actuarial exams.
    • 2:1 or above in a highly numerate degree.
    • Grade A at A-Level Mathematics.

    Experience

    • Basic Excel skills desirable.
    • Experience using programming languages such as Python, R or SQL desirable.