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Pricing Actuary

Job Title: Pricing Actuary
Contract Type: Permanent
Location: City of London, London
Industry:
Salary: £50000 - £70000 per annum
REF: DBIA031_1560259984
Contact Name: Damian Bialozynski
Contact Email: Damian.Bialozynski@ojassociates.com
Job Published: 2 months ago

Job Description

Oliver James Associates are currently supporting a global insurer in their recruitment of a Senior Actuarial Pricing Analyst. You will be directly involved in projects which involve technical pricing, product development analytics, performance monitoring and measurement, as well as assessment of reinsurance needs.

Key Responsibilities

  • Providing the relevant Product Tower with the actuarial support they require to profitably grow their business and take remedial action where needed.
  • Produce transactional pricing analysis for accounts within agreed timescales, working closely with underwriters.
  • Actively involved in technical pricing tool development and enhancements, whilst considering local market requirements.
  • In co-ordination with the actuarial pricing team, monitor rates at renewal and new business, ensure technical pricing models are in place and reviewed regularly.
  • Report performance at granular level (account and rating factor) in order for business units to optimise performance.
  • Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.
  • Comply with key regulatory and risk management procedures.
  • Adherence to European and matrix decision making standards within the authorities provided.