Head of Group Actuarial Pricing
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What you'll do
- Lead the Group Actuarial Pricing Function, setting strategic direction and developing an established, high performing team.
- Responsibility for model pricing, including oversight of operations in Australia and Canada.
- Oversee technical pricing frameworks across the Group's General Insurance portfolio, ensuring robust governance and compliance.
- Partner across the business to provide actuarial insight to support strategic planning and key business decisions across the Group.
- Drive innovation and continuous improvement with external market insights and enhancing pricing sophistication.
- Support the Group Chief Actuary and contribute to the leadership of the wider Actuarial Function.
What they're looking for
- Experience of leading and managing successful teams, including coaching to unlock potential.
- Strong influencing skills and a confident communicator.
- Extensive experience of commercial pricing and familiarity with personal lines techniques.
- Qualified Actuary or equivalent, with deep market and industry knowledge.
- Adheres to the highest level of professional and ethical standards.
Nice to have
- Hx experience an advantage.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Working hours: 35 hours per week, Monday to Friday
Duration: Permanent
Location: Gloucester
Job Ref: 205384
About the role
Benefact Group are looking for a Head of Group Actuarial Pricing to join our Gloucester office.
In this role you will lead the Group’s Actuarial Pricing Function, providing strategic leadership, insight and developing pricing sophistication across the Group General Insurance portfolio.
Why join us?
Join a collaborative and inclusive culture that’s committed to making a difference and building a more sustainable future. Ranked amongst the UK's 15 Best Big Companies to Work For in 2025, we offer fantastic career and development opportunities within a rapidly growing, innovative Group - where all profits go to charity and good causes.
What you'll be doing
Lead the Group Actuarial Pricing Function, setting strategic direction and developing an established, high performing team.
Responsibility for model pricing, including oversight of operations in Australia and Canada.
Oversee technical pricing frameworks across the Group's General Insurance portfolio, ensuring robust governance and compliance.
Partner across the business to provide actuarial insight to support strategic planning and key business decisions across the Group.
Drive innovation and continuous improvement with external market insights and enhancing pricing sophistication.
Support the Group Chief Actuary and contribute to the leadership of the wider Actuarial Function.
What you'll need to have
Experience of leading and managing successful teams, including coaching to unlock potential.
Strong influencing skills and a confident communicator.
Extensive experience of commercial pricing and familiarity with personal lines techniques. Hx experience an advantage.
Qualified Actuary or equivalent, with deep market and industry knowledge.
Adheres to the highest level of professional and ethical standards.
What we offer
A competitive salary - let's discuss it
Hybrid working
Group Personal Pension - up to 12% employer contribution
Generous annual bonus scheme: on-target bonus between 10% and 40%
28 days annual leave plus bank holidays, and a holiday buy and sell scheme
An array of health and wellbeing benefits, including private healthcare, income protection and life assurance
£200 annual personal grant to a charity of your choice
Encouraged to take at least one volunteering day per year
Employee Assistance Programme
Full study support to gain professional qualifications
Access to virtual GP
Enhanced maternity and paternity pay
Hear from the hiring manager
"As Head of Group Actuarial Pricing you'll play a key role in influencing strategic decisions across the Group. We’re at an exciting point advancing our pricing sophistication and this is a great opportunity to lead a talented team, drive pricing excellence, and help shape the future of our General Insurance businesses."
About us
Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.
We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.
*Directory of Social Change’s UK Guides to Company Giving 2017-26
Company
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