Pricing Actuary

  • 37879
  • Non-Life - Actuarial
  • |
  • Germany
  • |
  • Aug 5, 2020
  • |
  • German
  • Carry out deep-dive profitability reviews. This will involve preparation of the data and analysis of the profitability of individual accounts and/or business segments, as required.
  • Ensure that the results of such analyses lead to meaningful portfolio actions and are reflected in the technical pricing models as appropriate.
  • Monitor outcomes of the portfolio actions implemented following profitability analyses.
  • Develop and maintain pricing tools, in particular, this involves the refinement of the tools through recalibrations and the development of appropriate statistical pricing methodologies.
  • Establish an excellent working relationship with the Underwriting teams to ensure their long-term support for technical pricing concepts and pricing tools.
  • Support projects which affect the use of technical pricing and promote the use of technical pricing at the company.
  • Contribute to the development of the Pricing processes.
  • Successfully collaborate across the Portfolio Management team and all the company departments.
  • Understand market developments globally and ensure that loss trends are understood and reflected in our pricing activities.
  • Nearly/Newly Qualified P&C Actuary.
  • Strong mathematical and analytical skills with great attention to detail.
  • Experience in the development and data-driven calibrations of pricing tools.
  • Ability to work with complicated multi-national data landscape.
  • Strong computer and programming skills: Excel, SQL, essential, VBA or another programming language desirable.
  • Self-motivated / proactive with natural curiosity to ask probing questions and ensure that those questions lead to appropriate action.
  • Partnering mentality with the ability to build strong working relationships with peers, management and the business areas.
  • Experienced in discussing technical information to a non-technical audience.
  • Results orientated with a proven track-record of delivering on-time projects and process improvements.
  • Experience of commercial lines pricing desirable, ideally large corporate and specialty lines.
  • Ability to work in an international / virtual environment.