Pricing Actuary

  • 34301
  • Life - Actuarial
  • |
  • England
  • |
  • Sep 28, 2018
Insurance
RESPONSIBILITIES
  • Support the company’s pricing teams including pricing specific quote opportunities and conducting reviews as required. This will also include leading the pricing of large deals such as acquisitions and in-force quotes
  • Lead pricing projects in respect of non-business-as-usual workstreams across all territories the company operates in, ensuring co-ordination and buy-in with business unit pricing teams
  • Represent the company’s pricing function on division-wide committees and projects including model migration
  • Lead the development of division-wide guidance with respect to pricing philosophies
  • Contribute to the development of the company’s pricing capability through the evaluation and implementation of various machine learning and predictive analytic techniques
QUALIFICATIONS
  • Qualified Actuary (Fellow of the Institute and Faculty of Actuaries or similar organization)
  • Five year’s post qualified experience in the life (re)insurance industry with significant pricing experience
  • Strong analytical skills, combined with excellent technical and commercial judgement with the ability to produce justifiable and practical pricing guidance even where data is sparse
  • Strong communication and presentation skills
  • Business awareness
  • Able to operate independently
  • Reinsurance experience in UK, North American, Australian or Asian markets
  • Knowledge of data analysis techniques and experience with predictive analytics
  • Understanding of stochastic processes and advanced statistical modelling techniques
  • Knowledge of software packages such as Tyche, MoSes, Emblem, R and SQL Server
  • Good understanding of life insurance products