+27 (0) 82 823 9978 [email protected]

Senior Pricing Actuary – UK1055

Our client is searching for a qualified actuary to take an active part in guiding and steering the performance of their portfolios and as part of that will inform appropriate pricing strategies to enable the company to meet long-term profit targets. The successful applicant will be tasked with providing advice and tools that enable execution of these strategies and support in the monitoring of outcomes. Fluency in English and preferably in German or French will be advantageous.

Responsibilities will include, but are not limited to:

  • Perform front-line case pricing to support profitable underwriting activities, by providing technical expertise and insights on individual account level, which will eventually flow into global portfolio steering decisions
  • Design and propose different program structures to control the company’s exposure to losses while meeting clients’ needs; participate in meeting with clients and/or brokers when needed
  • Research on new rating variables through tracking market trends and developments, understanding of underwriting consideration evolutions and collaboration with the Predictive Modeling team, thereby improving the company’s competitiveness
  • 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 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, 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 other departments
  • Understand market developments globally and ensure that loss trends are understood and reflected in pricing activities

 

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

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