Overview

PRICING ACTUARY | 30164

The role holder will be a member of the Protection Pricing team, supporting the Pricing Leads in the deliverables of the team. They will also assist the more junior members of the team, providing technical expertise and guidance and also checking their work where appropriate.

Ref: 30164

  • Location: London
  • Category: Pricing Actuary
  • Type: Permanent

Overview

Key responsibilities including however, not limited to the following:

  • Be a key technical expert within the team across Pricing and Biometric elements, developing technical expertise and knowledge relevant to reinsurance pricing for Protection business
  • Take responsibility for the delivery of accurate and timely work. Checking other team members’ work and providing guidance to more junior members of the team
  • Checking work that’s produced by the team for quotes and projects, ensuring the accurate use of data and production of experience analysis, setting of appropriate Pricing assumptions and supporting the negotiation of commercial terms
  • Develop an understanding of the financial implications, across all appropriate metrics, of decisions made. Ensuring the right balance between commercial needs and risk is achieved
  • Contribute to the team’s on-going drive to ensure they are the most efficient they can be by proposing and supporting improvements to Pricing tools and process’ and embracing new technology

Qualifications required:

  • Newly or nearly qualified Actuary

Experience required:

  • Relevant knowledge or experience of the UK life insurance market
  • Knowledge of Pricing processes, including experience analysis production/analysis, assumptions setting and modelling methodology. Prior Pricing experience and in particular experience with reinsurance pricing is preferable
  • Strong analytical skills and ability to make judgement calls where there is uncertainty
  • Ability to communicate technical concepts effectively to colleagues from with varying levels of knowledge
  • Confidence and diplomacy to challenge peers and manage upwards
  • Effective at dealing with stakeholders from a variety of technical backgrounds and levels of seniority
  • Strong computer literacy, particularly in Microsoft Excel & Word skills but also experience with R, Python, Basic VBA or similar programming. Experience with Power BI is desirable

Consultant

Despo Mouyis

Director | Life Actuarial

T: +44 (0) 203 867 9850

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