Actuarial Associate, UK

The role

You will support pricing adequacy, accuracy, and competitiveness of European products. You will work in an interdisciplinary team to develop and implement new pricing capabilities using actuarial approaches, predictive modeling, machine learning, and artificial intelligence.

What you will do

• Help shape UK pricing strategy
• Turn trading data into action to spot opportunities
• Build understanding of competitor pricing and price comparison websites
• Own pricing changes from idea to launch
• Partner with Data Science, Product and Underwriting
• Share UK insurance expertise with the global team
• Help build a faster, smarter pricing engine through automation and AI
• Further actuarial education through industry research

Required qualifications

• 3–5 years of UK personal lines pricing experience, including hands-on commercial or street pricing
• Strong understanding of how the UK insurance market works
• Practical experience of price comparison websites, competitor pricing and customer behaviour
• Track record of turning analysis into pricing changes
• Strong SQL and Python or R skills
• Commercial judgement and curiosity
• Clear communication skills
• Working knowledge of UK pricing/insurance regulations
• Enthusiasm for learning and working with AI
• Ability to work from our London office
• Commitment in obtaining FIA (Fellow of the Institute of Actuaries) or FFA (Fellow of the Faculty of Actuaries)

Nice to have

• UK home pricing experience
• actuarial qualifications
• experience with demand modelling or optimisation
• Master’s degree in mathematics / econometrics / actuarial science / related field

About the company

lemonade is a company with a UK team and a global team.