Pricing Actuary | Commercial & Personal lines

/Pricing Actuary | Commercial & Personal lines

The Pricing Department falls under the remit of the Chief Underwriting Officer and works closely with the underwriting, product, actuarial and finance departments. This is an ideal opportunity for a self-driven individual to get excellent experience of bringing the results actuarial work to the business.

Key Duties / Responsibilities:

Working in the Pricing Department, this role will suit a nearly/newly qualified actuary. The role reports to the Pricing Manager with responsibility for the following areas:

• To support planned pricing strategy and profitability for the business

• Take on the role of Pricing Business Partner as part of the Consumer Management team with accountability for the profitability of the Consumer business

• Analysis of profitability of Commercial & Personal lines accounts

• Development and maintenance of technical rating models for high volume business using actuarial software (such as EMBlem)

• Enhance pricing capabilities through market leading technical pricing, segmentation and customer behaviour modelling

• Development and maintenance of appropriate tools, models and rating structures that support the pricing of new and renewal business in support of business objectives

• Coordinating, preparing and reporting on results of actuarial analyses and making recommendations to the Pricing Manager to deliver planned profitability

• Monitoring key account performance in conjunction with the business intelligence, underwriting and product departments

Skills and Competencies:

• Nearly/Newly qualified actuary

• The ideal candidate will have previous experience working in a pricing role in the general insurance industry however candidates with experience in other actuarial areas/disciplines will also be considered

• Strong problem solving, analytical skills and decision-making ability

• Exhibits self-motivation and drive; takes initiative without the need for approval

• Strong Excel skills. Strong VBA, SAS, Access, Word, PowerPoint and other technical software skills (e.g. EMBlem, ResQ) are desirable

• Effective communication, presentation and interpersonal skills

• Knowledge of the insurance industry's trends, directions, major issues and regulatory considerations

• Ability to plan and co-ordinate with business partners on a collaborative basis both within the pricing team and within the wider underwriting function

• Self motivated with an ability to excel in a team based environment

Please contact Jenny Johnston on +35316099409 or jenny@acumen-resources.com

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

By |2017-01-26T10:24:48+01:00December 6th, 2016|Uncategorised|Comments Off on Pricing Actuary | Commercial & Personal lines