Senior Actuarial Pricing Analyst

Senior Actuarial Pricing Analyst

Minimum Requirements

• Qualified or nearly qualified actuary with at least 5 years actuarial work experience.
• Experience with retail insurance pricing or product development.
• Expertise in experience analysis and long term cashflow modelling.
• Advanced Excel and Word, Visual Basic, and PowerPoint.
• Coding skills would be advantageous: VBA, R, Python or SQL.
• Strong collaboration and project management skills.

Responsibilities

• Pricing
• Pricing and product development for all Retail, Funeral, and Credit Life business.
• Analyse recent client experience to form a view on the pricing approach
• Determine appropriate pricing bases and perform pricing projections and calculations in Axis.
• Conduct reasonability checks and reconciliations.
• Perform technical and overall peer review on quotes and tenders.
• Deliver accurate and high-quality quotes in line with Companies corporate standards and within agreed upon timelines.
• Assist the team with ad hoc client and project queries.
• Documentation
• Document pricing assumptions and results adequately.
• Complete letters of offer and treaties within agreed turnaround times.
• Driving the approval process
• Engage a wide range of stakeholders to ensure an efficient approval process.
• Collaborate with Business Development, Underwriting, and Claims to produce proposals that meet our clients needs.
• Improving pricing efficiencies
• Develop and maintain pricing tools to improve efficiency.
• Team work
• Develop and maintain positive relationships within the team and with other functions in the business to foster effective collaboration.