Senior Pricing Analyst - Career Returner

London Fixed Term Contract - Full Time On Site About us The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group. Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns. The role We are looking for a highly driven Pricing Analyst to join our team specialising in bespoke credit and political risk. The role is suited to someone who is ambitious, proactive, and eager to take on complex analytical challenges. We can shape responsibilities around the individual’s experience, but we expect a strong appetite for learning, problem solving, and taking ownership of work from an early stage. You will work closely with underwriters to develop and refine models that capture key risk drivers across a wide range of sophisticated transactions. The position requires someone who enjoys tackling unfamiliar deal structures, working with intricate datasets, and building custom stochastic models that support high quality pricing and decision making. The Bespoke Pricing team supports technical pricing across a broad portfolio of direct and reinsurance credit and political risk business, including Structured Credit, Mortgage Indemnity, Mortgage Reinsurance, Significant Risk Transfer (SRT) transactions, Aviation and Marine Finance, Contract Frustration, and Trade Credit. The portfolio continues to expand, offering opportunities for individuals who want to grow quickly and contribute to new and developing classes of business. Key accountabilities Model Development - Build and maintain pricing models for bespoke credit and political risk deals. Experience with Python or similar tools is an advantage. Underwriter Collaboration - Work closely with underwriters to understand each transaction and ensure models reflect the underlying risks. Risk Assessment - Analyse client information, market data, and other sources to evaluate and quantify risk. Data Analysis - Identify trends and insights that inform pricing. Improve data quality, develop tools, and enhance how we visualise and interrogate exposure and claims information. Custom Models - Create tailored models for individual deals, incorporating specific risk drivers and structures. Reporting & Planning - Support business planning and reporting, including quarterly Realistic Disaster Scenarios. Help maintain Economic Catastrophe RDS models and respond to stakeholder queries. Process Improvement - Enhance existing models and processes to improve efficiency and accuracy. Excel Skills - Use advanced Excel for modelling, data manipulation, and presenting results. Documentation - Clearly document methodologies, assumptions, and model outputs. Stakeholder Communication - Present findings and model updates to underwriters, management, and other internal and external stakeholders. Ad hoc Support - Contribute to wider team projects and evolving business needs. Skills & experience Required qualifications, skills and experience: Strong ability to understand new and complex technical problems, analyse data, and explain findings clearly. Background in a numerical or technical field, or proven capability to apply analytical skills in a technical role. London Market or commercial insurance experience is helpful but not essential. Interest in, or progress toward, a relevant professional qualification, ideally with the Institute and Faculty of Actuaries. Awareness of industry trends, insurance and reinsurance products, market conditions, and performance drivers. Competence in Microsoft Excel and the ability to learn stochastic modelling using VBA or another coding language. What we’re looking for: Strong attention to detail and the ability to turn analytical work into clear opinions and recommendations. Innovative thinking with the ability to connect technical analysis to the wider commercial context. Sound judgment to combine quantitative insights with practical decisionmaking. A proactive, resilient selfstarter who learns quickly and thrives on new challenges. A strong work ethic, delivery focus, and a positive, solutionsdriven mindset. Confident communication skills and the ability to work directly with underwriters, brokers, and other stakeholders. Ability to prioritise effectively, work to tight deadlines, and focus on the key issues that drive decisions. Willingness to communicate analytical limitations clearly and work constructively with stakeholders to improve data and refine analysis. Other The Fidelis Partnership Ethos At The Fidelis Partnership, we aim to be different while making a difference. We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence. Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space. We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader. We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals. We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide. Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve. Diversity, Equity & Inclusion Diversity & Inclusion in the workplace Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups We aim to maintain a focus on equal opportunities across all stages of hiring process We measure and minimise the pay gap where possible. Bring Your Whole Self to Work Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity & Inclusion at every level, in every department across The Fidelis Partnership. To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact fidelis@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy. Apply by 02/03/2026 Reference: FID01788