Pricing Actuary

  • 36539
  • Non-Life - Actuarial
  • |
  • Ireland - Republic
  • |
  • Jan 8, 2020
Insurance
RESPONSIBILITIES
  • Support delivery of Pricing & Underwriting Strategy for Retail Lines.
  • Regular analysis of underlying performance and monitoring and reporting of emerging trends in experience.
  • Assist CPA’s in developing pricing capabilities and adherence to pricing standards through the development of and sharing of best practice.
  • Lead and provide expertise to designated Retail Lines projects.
  • Provide governance and oversight of pricing standards, including participation in Technical Underwriting Reviews as assigned.
  • Relating to specific Business Unit/s.
  • Focal point & coordination for individual BU engagement with Regional / Global team.
  • Provide inputs & insights to support activities relating to the Performance Management Framework.
  • Coordinate the activity or develop expertise across specific cross segment / BU topics such as: Metrics, Strategic Projects, Training.
  • Deliver high quality actuarial service to the business.
  • Support consistent pricing practices, methodologies through strategic leadership and the delivery of pricing services.
  • Support the capture of granular data suitable for the continuous pricing improvement process.
  • Enhance the company brand, market opportunities, and profitable growth through supporting the pricing and rating of new/revised products and propositions.
  • Support the continuous enhancement of the actuarial talent within the region, through training and mentoring.
  • Leadership and collaboration across teams to support Business Units focus & business results.
  • Links with the external environment from both a professional actuarial perspective and an economic/regulatory perspective.
QUALIFICATIONS
  • Part / Nearly qualified actuary.
  • At least 3 years of experience in a non-life actuarial environment.
  • Highly competent at interpreting and developing statistical models.
  • Effective collaboration across a range of Stakeholders within and external to the actuarial function.
  • Exhibits self-motivation and drive; takes initiative without the need for approval.
  • Highly professional, enthusiastic and positive attitude.
  • Competent at prioritizing, resourcing and planning.
  • Effective communication, presentation and interpersonal skills.
  • Ability to influence and shape initiatives.
  • Ability to handle complexity and distil out and explain key concepts.
  • International pricing experience will be a distinct advantage.
  • Knowledge of the insurance industry's trends, directions, major issues, regulatory considerations and trendsetters.
  • Knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.
  • Familiarity with actuarial professional guidance and relevant legislation.
  • Familiarity with finance and accounting practices, financial analysis, and reporting; ability to apply this knowledge appropriately to diverse situations.
  • Expert knowledge of the techniques and concepts behind Insurance rating & pricing.
  • Expert knowledge of statistical and actuarial tools and techniques and ability to apply modelling processes and techniques to facilitate risk management decisions.
  • Working knowledge of techniques and tools that promote effective analysis and the ability to determine the root cause of organizational problems and create alternative solutions that resolve the problems in the best interest of the business.
  • Proficient in the use of statistical and actuarial modelling tools e.g. Emblem, R, SAS or Python.
  • Proficiency in English.