The Pricing Actuary will lead the Pricing Team and company on insurance pricing decisions through robust, accurate and timely data driven analysis and insight. The Pricing Actuary is a senior technical role and will support the end-to-end pricing of our insurance products through data analysis, modelling, technical review and communication of insights to management.
Day to day responsibilities
General
To undertake analytical tasks efficiently, thoroughly, with due care and minimal mistakes.
This includes:
● Provide pivotal actuarial advice and support within the Pricing Team, with a focus on integrity and continuous improvement
● Analyse, interpret, and extrapolate data from a number of sources to resolve complex issues
● Manage data, conduct complex technical analysis, draw insights and apply commercial acumen
● Engage key stakeholders, communicate findings and recommend next steps
● Implement changes into live pricing, including testing and post-live monitoring
● Collaborate with analytical colleagues across the company (e.g. Underwriting, Marketing, IT)
● Adhere to all pricing policies and procedures
● Test IT changes and effectively identify potential issues before go-live
● Perform regular and ad-hoc reporting and other reasonable and relevant activities as requested from time to time to meet operational requirements
Analytical tools/ platform
● Ensure data is delivered in a timely and robust manner
● Consider and evaluate improvements to pricing infrastructure as it relates to external data (e.g. new functionality, alternate software platforms)
● Engage with business to enhance the value and utilisation of data for pricing and other use cases
Qualifications and Experience
● Nearly or newly qualified Fellow of recognized Actuarial Institute
● Analytical mindset
● Excellent attention to detail
● Programming knowledge (e.g. SAS, R, GCP)
● Degree qualified in mathematics, actuarial studies or similar
● Qualification through actuarial examinations
