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Sabre Insurance Company


Dorking, England, GB

Company: Sabre Insurance Company

Category: Computer and Mathematical Occupations

Published on 2022-04-22 23:30

Sabre Insurance

Dorking, Surrey


150+ Employees

Job Title: Actuary / Business Statistician

Location: Dorking, Surrey

Reporting to: Chief Actuary

Salary: Competitive & Depending on experience

Sabre Insurance is a successful car and motorbike insurer selling insurance via brokers and direct to the public under our Go Girl and Insure 2 Drive brands. Our office is based in the centre of Dorking, Surrey with good train and bus links. Sabre is a friendly, sociable place to work, with an industry leading combined operating ratio. Sabre offers its employees the opportunity to develop, learn new skills and progress their careers in a fast-paced environment, whilst providing exciting opportunities for career progression, as well as a comprehensive benefits package. You will be a key contributor to the work of the Actuarial Team (Pricing, Reserving, Capital Modelling) for Sabre Insurance’s Direct and Intermediary Motor (Car, Van, Bike, Taxi) accounts.

Key Responsibilities:

Produce analysis to propose, support, and document monthly and ad-hoc pricing changes for all Sabre accounts.

Create and maintain accurate Pricing MI, Data, and reports to enable effective performance monitoring and issue identification for all Sabre Accounts.

Use Pricing data and statistical modelling techniques to enhance the UW performance of all Sabre Accounts – including but not limited to:

· Production of market/retail pricing analysis and profitability modelling.

· Development and maintenance of statistical models and analyses of the Company’s underwriting performance and pricing strength.

·  Assessment of potential new data sources for Pricing/UW.

·  Analysis and ongoing exploration of new/emerging market trends - trading/claims/other

· Identification of new opportunities &niche market segments and potential strategies to best exploit these.

Provide data, analysis, and investigatory support to other areas of the business where required – including but not limited to:

·  Policy Operations

·  eCommerce

·  Finance

·  Compliance

·  Product Management

·  Claims


Contribute to, and support the Chief Actuary in, completion of the non-pricing actuarial work of the team:

·  Perform and review reserving analyses.

·  Performance review capital modelling analyses.


Broad knowledge of UK personal lines Motor Insurance Market, the regulatory environment, and current issues surrounding this.

Strong knowledge of statistical methods/modelling techniques used in Insurance Pricing and UW.

Extensive experience producing pricing analyses and reporting using SAS and SQL (required) or other coding languages (beneficial).

Broad understanding of the principles of insurance risk management.

Knowledge/experience of other coding languages (R/Python) and deployment routes beneficial.



Required - Mathematics degree or equivalent (2:1 or better)

Qualified/Nearly Qualified actuary (preferred but not a requirement)

Additional Benefits

Contributory Pension

Optional Health Care

Salary Sacrifice Schemes (including electric car allowance)

29 days holiday

Car Parking Available

9am-5pm Monday – Friday

Annual Bonuses

Yearly pay rises

Option to contribute towards share save schemes

Structured annual appraisal system

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