Propositions Lead | Actuarial - acumen-resources.com

The main purpose is setting the strategy, developing and managing all trading propositions for the company.

Responsibilities:

• Develop market leading propositions (new and existing) in conjunction with the Proposition team

• Manage, coach and mentor the Actuarial team

• Provide actuarial leadership and commercial input and ideas in developing the company’s market strategy and business cases

• Develop, establish, and monitor the pricing strategy and standards to ensure profitability.

• Review the effectiveness of the pricing strategies and recommend solutions.

• Set and monitor the reinsurance strategy and standards to ensure processes are in place for selection.

• Build the pricing and profitability options for any new propositions.

• Ensure reinsurance agreements reflect the company’s pricing strategy.

• Contribute to developing and reviewing the company’s underwriting and claims strategy to enable delivery of the agreed business strategy.

• Monitoring changes in legislation or regulation and assess impact on the business proposition or on future market demand

• Help in the analysis of market trends and apply their use in strategy and business case.

• Conduct and measure post-launch TCF pricing and experience reviews against pre-launch criteria and action instigated.

• Develop and measure profitability of these future proposition waves.

• Owning the risks faced by the business area, managing the control framework and implementing the Risk Management System.

• Deliver business plans and operates within risk appetite, ensuring risk based decisions are taken.

• Undertake stress test and scenario analysis to identify current and potential risks.

• Maintaining appropriate systems and controls to enable the measurement and management of risks.

• Ensure emerging risks are identified and reported.

Qualifications & Skills:

• A qualified actuary with experience within a life office environment

• Experience in pricing strategy setting and delivery against this strategy

• Experience in reinsurance strategy setting

• Experience in designing financial services propositions that meet identified consumer demand and achieve commercial success.

• Knowledge and experience of developing Protection products

• Knowledge and experience of Investment and Pension products a benefit

For further details, please contact [email protected] or (01) 6099404.

Acumen Resources specialises in the recruitment of the following professionals:

Propositions Lead | Actuarial