Overview
Key Duties (Including but not limited to):
1. You’ll assist in monitoring market activity and developing pricing changes in response to these movements.
2. Your role will involve developing models and tools to enhance the business’s pricing approach, supporting the development of the pricing basis, and ensuring appropriate business segmentation to target profitable ventures.
3. You will support the business in implementing the necessary changes to deliver the recommended market adjustments and respond to queries promptly to meet customer needs.
4. Your responsibilities will also include adhering to business and actuarial governance, such as Consumer Duty and relevant technical and professional actuarial standards, producing management information reports to satisfy regular governance requirements, and supporting other actuarial functions as needed
Experience required:
5. Good understanding of UK Protection market
6. Understanding of cashflow projections (experience of Mo.Net preferred)
7. Experience in pricing of Life insurance contracts advantageous
8. Experience analysis and setting pricing / valuation assumptions advantageous