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Motor Pricing Actuary

Marshmallow

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Posted 22 hours ago

Expired

Join Marshmallow as a Motor Pricing Actuary, contribute significantly to our core insurance product, and be part of a team that challenges conventions and constantly innovates.

Overview

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No salary declared 😔

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London, UK

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Expires at anytime

Marshmallow is a company dedicated to making migration easy. We treasure curiosity and continuous growth, providing you with a robust platform to build your career while affecting meaningful change. We're seeking a highly accountable, commercially astute Motor Pricing Actuary. Your role within the Pricing team would involve leading pricing for our core motor insurance product while also participating in reserving, capital modelling and managing key actuarial relationships.

As for the responsibilities of this role:

  • Assuming a key role in shaping Marshmallow's pricing strategy and actuarial governance.
  • Acting as the Pricing Function Holder, ensuring regulatory requirements are complied with.
  • Liaising with other teams to connect technical actuarial tasks with commercial outcomes.



In terms of qualifications:

  • You should be a self-motivated individual comfortable with both in-depth technical tasks and strategic thinking.
  • You are either part or nearly qualified actuary (IFoA or equivalent) with a background in general insurance.
  • You have strong technical pricing experience in personal lines motor, and experience or familiarity with reserving and capital modelling.
  • Proficiency in using Python, R, SQL and other technical tools to construct and assess actuarial models is required.



As a team member at Marshmallow you'll have flexible work hours and receive a series of benefits which include access to mental wellness sessions, personal budgets for skill development, private healthcare, and a flexible benefits budget to spend on your preferred items.

About Marshmallow We exist to make migration easy. A systemic problem of this magnitude requires a team of curious thinkers who relentlessly pursue solutions. Those who constantly challenge the why, dismantle assumptions, and always take action to build a better way. A Marshmallow career is built on a cycle of continuous growth, with learning at its core. You will be challenged to raise the bar on your capabilities and supported with the right tools and guidance to do so. This ensures you can deliver impactful work and drive change. If life at Marshmallow sounds like it could be for you, explore our Culture Handbook to find out more. Move our mission, and your career, forward.

The role This role sits within Marshmallow's Pricing team and offers a broad remit with meaningful ownership. As our Motor Pricing Actuary, you'll lead pricing for our core motor insurance product while also contributing to reserving, capital modelling and key external actuarial relationships. This is an opportunity to play a central role in how Marshmallow sharpens pricing, strengthens actuarial governance and supports sustainable growth. You'll act as the Pricing Function Holder for Marshmallow Insurance Ltd, taking accountability for the integrity and adequacy of the pricing framework and ensuring it meets relevant regulatory requirements for a Gibraltar-domiciled insurer. You'll work closely with teams across the business to connect technical actuarial work with real commercial outcomes.

Job requirements You're a self-starter with strong ownership and clear accountability, comfortable operating in a fast-paced, scaling environment with technical and regulatory responsibility. You think commercially and analytically, connecting actuarial decisions to business outcomes, and move confidently between deep technical work and strategic thinking. You communicate clearly to both actuarial and non-technical audiences, build effective cross-functional relationships, and thrive on variety across pricing, reserving and capital. You're excited by the opportunity to shape actuarial practice and help drive impact in a scaling fintech. Part or nearly qualified actuary (IFoA or equivalent) with a background in general insurance. Strong technical pricing experience in personal lines motor, with experience or familiarity in reserving and capital modelling. Confident with large datasets and technical tools including Python, R or SQL, with strong ability to build and assess actuarial models.

Benefits Spend three days a week with your team in our collaborative London office, and own your own working hours. Competitive discretionary bonus scheme. Flexible benefits budget - £50 per month to spend on a Ben Mastercard meaning you get your own benefits budget to spend on things you want. Mental wellbeing support – Access therapy and mental health sessions through Oliva. Learning and development – Personal budgets for books and training courses to help you grow in your role. Plus 2 days a year - on us! - to further your skillset. Private health care - Enjoy all the benefits Vitality has to offer, including reduced gym memberships and discounts on smartwatches. Medical cash plan - To help you with the costs of dental, optical and physio (plus more!)

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