Pricing and Reinsurance Actuary

/Pricing and Reinsurance Actuary
  • Permanent
  • Ireland
  • Ref No: J6238
  • Qualification: Qualified

Key Responsibilities:
• Perform pricing and profit testing for new protection, unit linked and investment guarantee products. Perform re-pricing of existing portfolio where needed.
• Implement the reinsurance strategy in line with risk appetite of the company.
• Liaise with actuarial, risk and finance departments to set pricing assumptions.
• Maintain and further develop adequate pricing models for the various lines of business while implementing Company and Group guidance on pricing and profit testing.
• Prepare reports on profit testing for presentation to approval committees.
• Manage the reinsurance strategy of the company keeping in mind both commercial considerations and risk appetite
• Conduct ongoing review of technical and market prices for existing business to monitor portfolio profitability and solvency impacts.
• Provide ad-hoc advice on pricing related issues.

Key Requirements:
• Highly numerate, qualified actuary with life insurance experience. Understanding of options and guarantees is helpful along with economic scenario generation and stochastic projections.
• Technical knowledge of pricing methodologies and modelling.
• Able to build relationships with other departments and external contacts.
• Good market knowledge, pan-European experience is useful.
• Ability to work on multiple projects and keep track of deadlines.
• Able to communicate technical detail in a straightforward manner.

For further information please contact or +35316099409.

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: Life Insurance, Systems

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By |2019-05-22T12:57:20+01:00May 22nd, 2019|Comments Off on Pricing and Reinsurance Actuary