Pricing Actuary

  • 36902
  • Non-Life - Actuarial
  • |
  • Spain
  • |
  • Feb 26, 2020
  • |
  • Spanish, Portuguese
Insurance
RESPONSIBILITIES
  • Deliver accurate and timely Pricing analysis to assist business decision making, financial planning, and strategy development.
  • Develop, analyse and monitor key performance indicators and assess expected and actual impact of pricing changes.
  • Assessing profitability and recommending changes for key lines of business based on appropriate tools and assumptions.
  • Build, validate and analyse Pricing models for a variety of purposes.
  • Perform rigorous validation of data in advance of analysis and actively recommend improvements to data quality.
  • Provide clear and concise communication of technical actuarial work to technical and non-technical audience.
  • Provide technical guidance on complex issues arising and as Subject Matter Expert input to evolving GI Pricing policy.
  • Help develop positive relationships between the Pricing area and its business stakeholders.
  • Provide guidance and training to less experienced staff to help their learning and performance.
  • 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.
  • Direct the development maintenance and improvement of Pricing tools.
  • Develop solutions, under your own initiative, using sound actuarial/statistical approach to both new and routine Pricing problems.
  • Support the team in implementing best practice GI Pricing techniques.
QUALIFICATIONS
  • Analytical degree ideally in actuarial, mathematical or statistical studies and Masters on Actuarial Science or similar.
  • Ideally 5 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, R or Python will be an advantage.
  • Ideally, knowledge of GI actuarial modelling package such as Emblem, RADAR, Classifier and Earnix.
  • Strong understanding of the business and general insurance industry and of the business implications of analytical results.
  • Highly motivated with a genuine interest in GI Pricing.
  • Personally motivated with the ability to motivate and mentor peers and more junior team members.
  • Ability to balance multiple projects to ensure timely delivery of accurate results.
  • Strong oral and written communication skills and ability to interact effectively with business stakeholders.
  • Able to influence / negotiate with others to achieve solutions.
  • Good interpersonal skills and the ability to work in a team environment as well as independently.
  • Excellent problem solver that can comfortably tackle different business problems.
  • Proficiency in English and Portuguese language skills or an interest in learning.