+27 (0) 82 823 9978 [email protected]

Senior Pricing Actuary – GER1007

Our international client is searching for an actuary to join the team that is responsible for understanding portfolios and their performance and for ensuring the pricing tools are calibrated to secure future profitability. You will take an active part in guiding and steering the performance of the portfolios and as part of that will form appropriate pricing strategies to meet long-term profit targets. You will provide advice and tools that enable the execution of these strategies and support in the monitoring of outcomes.

 

Responsibilities will include, but not limited to:

  • Perform front-line case pricing to support profitable underwriting activities, by providing technical expertise and insights on an individual account level, which will eventually flow into global portfolio steering decisions
  • Design and propose different program structures to control exposure to losses while meeting clients’ needs; participate in meeting with clients and/or brokers when needed
  • Research on new rating variables though tracking market trends and developments, understanding of underwriting consideration evolutions and collaboration with the Predictive Modelling team
  • Carry out deep-dive profitability reviews. This will involve preparation of the data and analysis of the profitability of business (sub)segments, as required
  • Ensure that the results of such analyses lead to meaningful portfolio actions and are reflected in the technical pricing models as appropriate
  • Monitor outcomes of the portfolio actions implemented following profitability analyses
  • Develop and maintain pricing tools, in particular, this involves the refinement of the tools through recalibrations and the development of appropriate statistical pricing methodologies
  • Establish an excellent working relationship with the Underwriting teams to ensure their long-term support for technical pricing concepts and pricing tools
  • Support projects which affect the use of technical pricing and promote the use of technical pricing
  • Contribute to the development of the Pricing processes
  • Successfully collaborate across the Portfolio Management team and all departments
  • Understand market developments globally and ensure that loss trends are understood and reflected in our pricing activities

 

For more information, please contact Wilhelm ([email protected] or +27 (0)82 823 9978)

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