Risk Pricing Actuary

We are currently recruiting for a Risk Pricing Actuary in our client's Pricing & Underwriting Team.
Reporting to the Pricing Manager, your role will be to support the actuarial function to achieve overall financial targets for all classes of business / channels / territories.
 
The ideal candidate will have a strong blend of technical, business acumen and communication skills, with the ability to work closely with stakeholders across the business to achieve account priorities.
 
Responsibilities:

•    Makes pricing recommendations to ensure profitability, and effectively communicates these recommendations to the business
•    Ensure that Pricing processes (Rate Adequacy, APTP, Embedding, Rate Change Estimation) are robust and produced on a regular basis to ensure control of the account
•    Ensure that the pricing structure is optimal 
•    Ensure that the rating structure is based on robust technical models and regularly updated
•    Subject to this ensure that the rating structure is optimised to reflect market dynamics and maximise GWP / profit
•    Derive and share profitability insights and analysis at regular account review meetings
•    Build statistical models (e.g. GLMs etc) to help the business understand it’s performance and identify potential opportunities
•    Review model performances and execute model rebuild and/or adjustments when required

About the person

•    Qualified or nearly qualified Actuary with the Institute of Actuaries (or equivalent) or else display the skills required which may be obtained through other studies such as statistics, mathematics, or data science.
•    Will have a minimum of 3 years’ experience in actuarial / pricing / data science related work.
•    Proven experience using R or Python and Machine Learning required.

For further details, please contact [email protected] or +35316099409.
 
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