Pricing Actuary (Part Qual/Qualified Actuary)
The Business Risk Review ('BRR') Analyst provides day-to-day support to the Life & Health Business Risk Review Team, which performs independent reviews and quality assessments of pricing work across Life & Health reinsurance business.
- The Business Risk Review Analyst role is global in scope, and provides an excellent opportunity to gain exposure to pricing in a many different regions& markets and across a variety of product lines. There may be opportunities for overseas travel for reviews and assessments.
Principal Responsibilities:
- Analyse quotation data in order to provide a list of representative sample offers to be included in Business Risk Reviews.
- Produce summary statistics and other management information to enable the BRR planning process, and to establish areas of focus during reviews.
- Analyse costing and pricing of Life &Health business to ensure it is compliant with company standards and general best practice.
- Analyse information across different systems to gain insights into global reinsurance pricing activities to help evaluate and monitor risks.
- Provide remote support to review leaders during on-site reviews on various adhoc tasks.
- Continuous enhancement of processes and tools used to support reviews.
- As our ideal candidate you should have at least five years' experience in the Life & Health industry, preferably within a valuation, modelling or pricing role. You should hold a Bachelor's or Master's degree in Mathematics, Statistics, Economics or another numerate field; and be actively working towards attainment of an actuarial-related designation, e.g. FASI, FIA, FSA, FCIA, FFA or recognised equivalent.
- You have excellent technical skills and are experienced in the use of Excel, VBA, Microsoft Access. Experience of actuarial pricing tools such as MoSes, ALFA or AXIS is a bonus.
- You have good knowledge of Life & Health products and a firm grasp of actuarial principles.
- Communication is a key strength; you are able to communicate complex subject matters tailored to your audience in a clear and concise way.
- You have the confidence to use your own initiative, to work under pressure, and are at ease working independently as well as part of a team.
Interested candidates contact Nipun on 9910080539.
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