Overview

Pricing Actuary – Marine

Permanent

Our client is looking to hire a Pricing Actuary in Marine specialty to join their office in London on a Permanent basis.

Ref: 48878

  • Location: London
  • Category: Non-life Actuarial
  • Type: Permanent
  • Pay Range: Up to £120k

Overview

Key Duties:

Help the Actuarial Pricing team achieve its goals and provide pricing support to the Marine and PV & War Divisions.

  • Pricing:
    • To assist with pricing models as follows:
  • In the development of new pricing models
  • In the maintenance and enhancement of existing pricing models
  • In the periodic recalibration of pricing models and tools to reflect the current year’s business plan
    • To perform and develop individual risk pricing in support of the underwriters
    • To assist in the collection and research of pricing data, and then in the development of analysis and reporting of pricing data
    • To be an expert on the exposure, rate, and adequacy data for supported Classes
  • Rate Monitoring:
    • To assist in the support of the existing rate monitoring process, e.g. to assist in the development of tools to help underwriters assess rate changes
  • Business Planning & Capital Modelling:
    • To assist the Strategic Analysis sub-team as required in developing annual business plans and parameterisation of gross loss in the Internal Model
    • To assist with Internal Model Validation as required
  • People Management:
    • To maintain strong relationships with the Underwriting teams within supported Classes
    • To coach junior members of the Analytics Department
    • To be a proponent of analytics and data management to the wider business
  • General:
    • To assist generally in the efficient running and management of the business
    • To help the Actuarial Pricing team achieve its goals, with particular emphasis on the following areas

 

Other Skills:

  • Strong organisational skills
  • Good communication skills (oral and written)

Qualifications required:

  • AIA or FIA

Experience required:

  • London market pricing experience

Consultant

Rebecca Gibson

Director, General Insurance

T: ‭020 3867 9857

Email me

Apply

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