Contract
Ref No: 1316907
Qualification: Nearly / Newly Qualified, Part Qualified
Closed
Duties & responsibilities:
What you’ll get for this role:
- Develop rating structures for Commercial Motor business, along with detailed specifications on rating different types of transactions. This will involve incorporating underwriting and pricing requirements
- Work with relevant underwriters, portfolio leads, IT and external providers to ensure that rating structures are developed as specified and tested appropriately
- Carry out modelling and impact assessment to translate technical price into street pricing, using different approaches to deal with limited data or other constraints
- Prepare sign off material and papers for governance forums supporting the Pricing manager in clearly articulating the impact of new rates/products
- Assist in development of a new tool to support underwriters in pricing commercial business. Translate existing rating into a new structure to facilitate quick premium generation
- Ensure development and testing of the tool is executed and controlled appropriately, in line with applicable Aviva standards
- Other ad-hoc analysis as required which may include production of MI, support on ad-hoc investigations and review and improvement of internal pricing processes
- Previous pricing experience desirable – particularly Motor
- Strong analysis and problem-solving skills
- Experience using Microsoft suite
- Programming skills- experience of SAS, R, VBA an advantage
- Knowledge of the Irish insurance market
- Degree in related discipline – actuarial, statistical, or mathematical
What you’ll get for this role:
- A competitive salary depending on location, skills, experience and qualifications
- Generous defined contribution pension scheme
- Annual performance related bonus and pay review
- Holiday allowance of 25 days plus bank holidays, the option to buy/sell up to 5 additional days
- Up to 40% discount for many company products
- Excellent range of flexible benefits to include a matching share save scheme and more
Acumen Resources specialises in the recruitment of the following professionals: Chief Actuary | Head of Actuarial Function | Actuarial Director | Actuarial Function Holder | CRO | CFO | Actuarial Manager | Valuations Actuary | Product Development Actuary | Pricing & Reserving Actuary | Solvency II Actuary | Life Insurance Actuary | General Insurance Actuary | Non Life Actuary | Pensions Actuary | Investment Actuary | Capital Modelling Actuary | Capital Management Actuary | Risk Management Actuary | Enterprise Risk Management Actuary | Newly & Nearly Qualified Actuary| Part Qualified Actuary | Trainee Actuary| Actuarial Trainee | Student Actuary | Actuarial Graduate | Dublin | Ireland
Tagged as: General Insurance