Key Tasks & Responsibilities
• Deliver accurate and timely Pricing analysis to assist business decision making, financial planning, and strategy development
• Provide clear and concise communication of technical actuarial work to technical and non-technical audience
• Assessing profitability and recommending changes for key lines of business based on appropriate tools and assumptions
• Support the on-going review of pricing practices, recommending changes and improvements that meet best practice and business objectives and comply with company policies and guidelines
• Develop, analyse and monitor key performance indicators and assess expected and actual impact of pricing changes
• Build, validate and analyse Pricing models for a variety of purposes
• Develop solutions, under your own initiative, using sound actuarial/statistical approach to both new and routine Pricing problems
• Perform rigorous validation of data in advance of analysis and actively recommend improvements to data quality
• Help develop positive relationships between the Pricing area and its business stakeholders
• Support the team in implementing best practice GI Pricing techniques, liaising with International offices where required
• Maintain clear and concise documentation of methods and activities
• Provide guidance and training to less experienced staff to help their learning and performance
Qualifications
• Minimum 2.1 honours analytical degree ideally in actuarial, mathematical or statistical studies
• Part Qualified Actuary, demonstrating recent progress in passing Actuarial exams
Experience & Knowledge
• Ideally 2+ years’ experience in a GI Pricing role
• Strong analytical skills with previous experience of applying actuarial/statistical methodologies to business problems
• Strong IT skills, will need to be comfortable with basic programming and eager to develop this skill. Knowledge of SAS will be an advantage
• Ideally, knowledge of GI actuarial modelling package such as Emblem, RADAR, Classifier and ResQ
• Sound understanding of the business and general insurance industry and of the business implications of analytical results
Competencies
• Highly motivated with a genuine interest in GI Pricing
• Skilled at prioritising and organising own workload to meet personal and team objectives
• Good interpersonal skills with a clear ability to work effectively as part of a team
• Good problem solver that can comfortably tackle different business problems
• Ability to balance multiple projects and ensure timely delivery of accurate results
• Solid oral and written communication skills and ability to interact effectively with business stakeholders
For more information please contact Jenny at 016099409 or [email protected].
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
