Pricing Actuary
- Employer
- Harry Springall
- Location
- London (Central), London (Greater)
- Salary
- £80000-120000
- Closing date
- 18 May 2019
- Reference
- HS779
View more
- Sector
- General insurance
- Contract Type
- Permanent
- Hours
- Full Time
- Experience/Function
- Part qual (1-10 exams)
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Purpose of role:
Help the Actuarial Pricing team achieve its goals and provide pricing support to the Marine and PV & War Divisions.
Responsibilities
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.
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, eg 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
Role Requirements:
- London Market Pricing Experience
- AIA or FIA
- Strong organisational skills
- Good communication skills (oral and written)
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