Senior Pricing Actuary (Non-Life) | Insurance in Brussels

As a Senior Pricing Actuary, you will take ownership of the end-to-end pricing process for a portfolio of personal lines insurance products.

Working at the intersection of actuarial science, data analytics and commercial strategy, you will develop sophisticated pricing models, optimize portfolio performance and provide actionable insights that support key business decisions.

You will collaborate closely with Product Management, Finance, Data, IT and senior management while mentoring junior colleagues and contributing to the continuous evolution of the company's pricing capabilities.

Key Responsibilities

Pricing Strategy & Model Development

• Design, develop and implement advanced pricing models using actuarial and statistical techniques such as GLM, GBM and GAM.
• Continuously improve pricing methodologies by integrating external factors including inflation, regulatory changes and market developments.
• Define commercial pricing strategies balancing profitability, competitiveness and customer value.
• Support the development of innovative pricing approaches including segmentation, dynamic pricing and portfolio optimization.

Portfolio Performance & Profitability

• Monitor the profitability and overall performance of the personal lines portfolio.
• Perform in-depth analyses to identify pricing improvement opportunities and optimize underwriting performance.
• Recommend pricing adjustments and strategic actions to ensure sustainable portfolio growth.
• Develop dashboards and performance indicators to support pricing governance.

Advanced Analytics

• Conduct advanced customer and portfolio analyses, including retention, churn, conversion, customer lifetime value and profitability studies.
• Transform complex datasets into meaningful business insights and strategic recommendations.
• Apply predictive analytics and, where relevant, machine learning techniques to improve pricing accuracy and decision-making.

Stakeholder Management & Leadership

• Partner with Product Management, Finance, Data, IT and other business teams to deliver strategic pricing initiatives.
• Present analyses and recommendations to senior management in a clear and impactful manner.
• Mentor and coach junior pricing analysts and actuaries, contributing to the team's technical development.
• Support strategic projects and promote best practices across the pricing function.

• Master's degree in Actuarial Science, Mathematics or related fields.
• Minimum 4 years of experience in Non-Life Pricing, Actuarial Analytics or Pricing Modelling.
• Strong expertise in actuarial modelling techniques and statistical analysis.
• Solid understanding of personal lines insurance products and pricing methodologies.
• Proficiency in Python, SQL and Excel; experience with Azure Machine Learning or modern data platforms is considered a strong asset.
• Excellent analytical and critical thinking skills with the ability to challenge assumptions and translate data into business recommendations.
• Autonomous, proactive and capable of managing multiple strategic projects simultaneously.
• Strong communication skills with the ability to explain complex technical concepts to non-technical stakeholders.
• Collaborative mindset with experience working in multidisciplinary environments.

What Our Client Offers

• A permanent contract.
• A highly strategic position with a direct impact on pricing strategy and business performance.
• The opportunity to work on innovative pricing projects using advanced analytics and modern technologies.
• A collaborative environment where expertise, innovation and continuous improvement are actively encouraged.
• Structured onboarding, continuous learning opportunities and access to cutting-edge actuarial and data science training.
• Flexible working arrangements promoting an excellent work-life balance.
• Modern offices located in Brussels with excellent accessibility.
• Clear long-term career progression opportunities within a dynamic and forward-thinking organization.

An Attractive Compensation Package

• A competitive gross annual salary ranging from €80,000 to €100,000, depending on your experience and expertise.
• An annual performance bonus rewarding your contribution to business success.
• A company car or mobility budget, offering flexibility for both your professional and personal journeys.
• Meal vouchers and a monthly net expense allowance, enhancing your overall purchasing power.
• Comprehensive group and hospitalization insurance, ensuring long-term financial security and complete peace of mind.
• A generous pension plan and an extensive package of fringe benefits designed to support your well-being.
• Hybrid working arrangements and flexible working hours to help you maintain an excellent work-life balance.
• Access to advanced technical training, industry certifications and continuous development opportunities, enabling you to further strengthen your actuarial expertise and accelerate your career.