Pricing Actuary

  • 36394
  • Non-Life - Actuarial
  • |
  • Switzerland
  • |
  • Dec 9, 2019
Reinsurance
RESPONSIBILITIES
  • Supports the actuarial pricing of various lines of business underwritten.
  • Acts as back up for other pricing actuaries in the Global Lines and/or P&C Lines pricing.
  • Proactively interacts with underwriting specialists and client relationship managers to come up with viable and innovative solutions.
  • Ensures communication with other team members and pricing actuaries in other locations.
  • Pays joint visits together with client relationship managers and/or underwriting specialists to existing and prospective clients.
  • Leads or contributes to projects, which provide customer service, in coordination with the underwriters.
  • Develops actuarial assumptions, parameters, methods, tools and processes appropriate for the assigned market/s and for pricing in general.
  • Training of underwriters and new actuarial staff regarding pricing matters.
  • Works together with other pricing actuaries on actuarial projects.
  • Shares know-how and technical knowledge with team members. Ensures co-operative spirit and energizes others by showing pride to be part of the team.
  • Contributes to create viable and innovative solutions that outperform competitors and differentiate the company.
  • May lead projects or project steps within a broader project or have accountability for ongoing activities or objectives Works independently; receives minimal guidance.
  • Acts as a resource for colleagues with less experience.
QUALIFICATIONS
  • Actuarial qualification or readiness to aim for it or University degree in actuarial science, mathematics or similar subject.
  • 3-5 years’ experience in the international re/insurance industry.
  • Has in-depth knowledge in own discipline, such as sound technical capabilities in actuarial pricing and basic knowledge of related disciplines.
  • Ability to solves complex problems; takes a new perspective on existing solutions.
  • Provides predictable and high quality service to the underwriting team and the client, respectively.
  • Develops a good understanding of the primary line of business being priced.
  • Stays up-to-date with new/emerging knowledge in actuarial pricing as well as in respect of major markets and underwriting related issues.
  • Needs minimal guidance after introduction phase and is capable to typically resolve problems using existing solutions
  • Is capable to contribute to process improvements.
  • Analytical coupled with diplomacy / negotiation skills.
  • Excellent English communication abilities, both oral and written.
  • Ability to advise underwriters and clients, understand client needs and listen attentively.
  • Ability to take decisions for assigned responsibilities/tasks.
  • Able to withstand pressure and to complete tasks within deadlines.
  • Actively asks for feedback and is ready to provide constructive feedback.
  • Affinity for IT tools, e.g. Microsoft Excel, Word.
  • Some programming knowledge would be beneficial.