Job Description
We're looking for a Senior Pricing Actuary to join our reinsurance pricing team. As a key member of the actuarial function, you will provide technical pricing expertise, collaborating closely with underwriters to that drive profitable growth. This role offers the opportunity to work in a fast-paced London/Bermuda market environment, influencing strategic decisions and contributing to the success of our underwriting portfolio. If you are a qualified actuary with London Market experience and a strong commercial mindset, we encourage you to apply and be part of our exciting journey.
Knowledge and Qualifications:
* University degree in Mathematics or related field
* Qualified Actuary (FIA or equivalent)
* London/Lloyd’s market experience (desirable)
* General commercial and financial knowledge
* Experienced user of MS Excel
* Coding skills in R or Python an advantage
* Strong technical skills and relevant market knowledge with good experience of pricing techniques for pricing primary, excess of loss and catastrophe insurance/reinsurance products.
* Investigating ability to understand claim trends, impact of legislative and other drivers.
* Ability to communicate effectively both verbally and in writing
* Works well as part of a high performing team, providing support and coaching as well as able to work on own initiative
* Pro-active, takes the initiative and adopts a positive approach to challenges seeking to make improvements.
* Ability to manage time, meet deadlines and prioritise
* Continue to develop and improve own capability including nontechnical soft skill aspects.
* Ability to communicate statistical and actuarial output to underwriters using appropriate language
* Strong Interpersonal skills
Day to Day Tasks
* Provide actuarial support to underwriters and their customers in the pricing of individual accounts
* Conduct portfolio analyses and other appropriate actuarial investigations for validating assumptions used in pricing and improving credibility of pricing outputs.
* Contribute to portfolio monitoring and profitability analysis that feed into strategic decision making
* Maintain existing pricing tools and templates
* Work with underwriters and other actuaries in the Group for developing new pricing tools as required by the business
* Peer review of pricing analysis performed by actuaries and underwriters
* Where applicable ensure company, market and client related documentation is issued (internally and externally) accurately and on time
* To operate as an effective team member by supporting colleagues and contributing in the delivery and achievement of overall team and business objectives