Senior Pricing Analyst

Who we are:

Apollo is a specialised independent (re)insurer, established in 2009, to deliver top-tier products and services to clients, brokers, and capital partners at Lloyd’s. The name "Apollo" was inspired by the achievements of one of its founding investors, Neil Armstrong, the first person to walk on the moon in 1969. Together with Jim Hays, Neil identified an opportunity to create a unique service provider within Lloyd’s.

Since its inception, Apollo has significantly broadened its portfolio of insurance solutions. This includes Apollo 1969’s traditional and specialty lines, ibott 1971’s innovative sharing economy products, and managing agency services at Lloyd’s through our Strategic Partner Syndicates. Today, Apollo continues to grow with team of over 270 professionals dedicated to fulfilling the company’s mission of enabling a resilient and sustainable world.

“We attract and retain a diverse range of talent by fostering an inclusive, equitable team environment where individuals from all backgrounds have opportunities to grow, succeed, and contribute. We empower our teams to achieve excellence and drive forward-thinking solutions, aiming to enable a resilient and sustainable world.” - David Ibeson, Group CEO

Your Role:

Ibott’s clients are tech-focused, data driven and growing exponentially. Ibott has also grown rapidly and is now becoming a mature, established business with expected plan premiums well in excess of $0.5Bn. Our actuaries are embedded with the underwriters and are instrumental in understanding clients’ needs and meeting these with future-proof insurance solutions. In this role, not only will you be working alongside Ibott underwriters having regular contact with brokers and clients, you will also have the opportunity to create bespoke case pricing solutions for Underwriters and help create the tools that the underwriters need to be self-sufficient as the business grows.

Data driven decision making is at the heart of what we do at Ibott so you can also expect to influence the overall strategic direction of Ibott and get involved in wider topics than in a more traditional role.

Should you wish, you’ll have the opportunity to travel internationally to engage with clients.

What you’ll do:

• Support underwriters in structuring and case pricing complex deals for usage-based insurance contracts. This could include being involved in the negotiations with brokers and clients.
• Maintain strong working relationships with key stakeholders (underwriters, brokers, clients)
• Assist in ensuring that there is an effective feedback loop between actuarial, claims and underwriting on the business written as well as within the actuarial team to ensure relevant information is fed back to Pricing, capital modelling and reserving.
• Support underwriters and senior pricing actuaries in developing and maintaining bespoke digital economy pricing models and benchmarks using a broad range of client and benchmark data.  
• Assist in the development of accurate, relevant and timely MI and management reporting for internal and regulatory purposes.

What we are looking for:

• Newly qualified or making progress towards FIA qualification.
• Experience in the London Market or Lloyd’s.
• Proven mathematical and analytical skills with great attention to detail
• Experience in applying statistical methods in case pricing and in developing and maintaining pricing tools
• Experienced in communicating with a wide range of stakeholders and able to present technical information to a non-technical audience
• Partnering mentality with the ability to build strong working relationships with peers, underwriters and other business areas
• Skilled at working in a dynamic, fast-paced environment
• Ability to analyse and synthesise information from large volumes of data
• Demonstrable problem solving and creative skills
• Adaptable to strategic business and market shifts
• Advanced skills with MS Excel and knowledge of Python or another programming language
• Familiarity with data visualisation tools: Power BI or equivalent
• Knowledge of current economic and professional technical trends and issues

What you will get in return:

Our compensation package is designed to attract top talent. In addition to a fair and attractive salary, this role offers a discretionary bonus and a comprehensive range of benefits, including 31 days of annual leave, a non-contributory pension and private medical insurance.

Our Commitment to Inclusion:

Apollo is a growing and diverse team of empowered and passionate experts who focus on bringing innovation, data driven decision making and collaboration to every relationship and every risk. To meet the needs of a demanding global insurance market, we need a diverse workforce that truly understands the international communities we serve.

That is why we're focused on developing diverse talent at every level; inclusion and diversity means more to us than just chasing a target and we are committed to supporting and celebrating difference. Our people are at the heart of our business which is why we value the diversity of thought and talent of every member of our team.

We offer a range of support and run a programme of events and training that recognise the challenges and opportunities relating to diversity.

Hybrid & flexible working: 

At Apollo, hybrid and flexible working is fully embraced and we do not see the benefit of presenteeism. We understand that no two colleagues are alike, and as such we support the ability to remain agile and achieve a home and work balance to best suit business and personal commitments.

Thank you!

To find out more about our values, ESG strategy and commitment to inclusion please click on the 'Life at Apollo' pack.