Senior Assistant Actuary

Travelers

Manager of Actuarial and Analytics supporting pricing models and data analysis for Travelers Europe. Responsible for maintaining pricing algorithms and collaborating with underwriters.

Posted 6/19/2026full-timeLondon • 🇬🇧 United KingdomSeniorWebsite

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Maintain and develop pricing algorithms for Travelers Europe
Implement those algorithms in the Hyperexponential (HX production system)
Liaise with underwriters to support use of pricing models
Run processes for batch rating portfolios of business in Python
Expand batch rater (and associated standard pricing dataset) to work for more products across Travelers Europe
Run processes for calibrating base rates
Prepare data and analysis for actuarial rating validation exercises for specific products
Contribute to analysis of pricing model data
Assist with other roles (e.g. case pricing, business planning, reinsurance purchase) carried out by the Travelers Europe pricing team.
Communicates analysis, project results, and other business initiatives to peers and business partners.
Communicates technical topics to non-technical audience within the primary working group with guidance from manager.
Actively participates and may lead group discussions at the unit level.
Creates formal written communication such as memos or presentations with guidance and peer review.
Networks and collaborates on ideas and challenges.

Requirements

What you’ll need

Associate Actuarial Credential.
University degree in STEM related field.
Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).
Strong understanding of insurance products and industry.
Demonstrable ability in actuarial and quantitative analysis and statistical concepts.
Bachelor's Degree or equivalent experience.
Demonstrable experience in quantitative analysis.

Benefits

Comp & perks

Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

pricing algorithmsPythonSQLSASactuarial analysisquantitative analysisstatistical conceptsbatch ratingdata analysiscalibrating base rates

Soft Skills

communicationcollaborationnetworkingleadershipwritten communicationpresentation skillsproject results communicationgroup discussion participation

Certifications

Associate Actuarial Credential