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Senior actuary, pricing

Croydon
Posted: 11h ago
Offer description

We are seeking a Senior Actuary to join our dynamic pricing team in the Europe. The position is a part of an international team, responsible for markets in Europe, with focus on UK market (our market 1 in Europe). This is an exciting opportunity to lead pricing strategies, influence decision-making, and contribute to the ongoing success of our organization. As a Senior Actuary, you will collaborate with cross-functional teams to deliver innovative solutions, ensuring the organization remains competitive in the market. Key Responsibilities • Pricing Strategy Development: o Lead the development and refinement of pricing models, ensuring alignment with business objectives and regulatory requirements. o Identify market trends and recommend adjustments to pricing strategies to optimize profitability and competitiveness. • Data Analysis and Modeling: o Utilize advanced actuarial techniques and predictive analytics to assess risk and model pricing scenarios. o Collaborate with data scientists within the team to enhance pricing accuracy through machine learning and other innovative methodologies. • Stakeholder Management: o Communicate pricing insights and recommendations to senior management, underwriting teams, and other key stakeholders. o Act as a key advisor on pricing-related matters, supporting decision-making at an executive level. • Regulatory Compliance: o Ensure all pricing practices comply with relevant regulatory and industry standards. o Stay informed on changes to regulatory frameworks and assess their impact on pricing strategies. • Team Leadership: o Mentor and develop junior actuaries within the team, fostering a culture of collaboration and continuous improvement. o Lead project teams, ensuring timely delivery of high-quality outcomes. • Performance Monitoring: o Monitor portfolio performance and recommend adjustments to pricing structures as needed. o Conduct regular reviews of pricing models to ensure they remain robust and fit for purpose. Required Skills and Experience • Experience: o At least 5 years experience in a pricing-focused actuarial role, ideally within the insurance or reinsurance sector. o Proven track record of delivering pricing strategies that drive business growth and profitability. • Technical Skills: o Advanced proficiency in actuarial modeling software and tools (e.g., Emblem, Radar, Python, and equivalent). o Strong understanding of statistical and predictive modeling techniques. • Interpersonal Skills: o Excellent communication and presentation skills, with the ability to translate complex actuarial concepts for non-technical audiences. o Ideally, you have experience mentoring and developing junior professionals. • Analytical Mindset: o Analytical and problem-solving skills, with a strategic and commercial outlook. Preferred Qualifications and Attributes • Experience with pricing in a travel line of business • Familiarity with emerging technologies and their application in pricing (e.g., AI, machine learning). • Ability to work effectively in a fast-paced and changing environment.

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