Pricing Actuary/ Pricing Lead

About the Team

The Underwriting team at Wakam lies at the core of strategic decision-making and risk analysis. Our mission is 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.

Pricing Strategy

You execute pricing strategies to deliver profitable growth and market competitiveness. You collaborate with distribution partners 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 models-often via APIs through Wakam's platform or in coordination with partners.

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 segmentation-taking 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.

Join Our Team

You'll join a leading European embedded insurer where pricing has direct impact and visibility. You'll work on diverse UK products, collaborate with a broad ecosystem (including MGAs), and help build scalable, data-driven pricing frameworks in a regulated context.

What You Bring

• Experience in pricing roles within the UK insurance market, covering Motor, 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, EARNIX or equivalent).
• Strong programming skills in SQL and/or Python.
• Experience with machine learning approaches 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.
• Actuarial qualification (FIA/FFA) or progress toward qualification (ideal but not required).
• Experience working with MGAs or within a B2B2C insurance model.

Benefits

• True remote work flexibility with our Wakam From Anywhere program.
• Flat hierarchical system promoting direct impact and autonomy.
• Monthly Free.day: 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: we will share their knowledge and help you develop and grow in your career.

Inclusive Environment

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.