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Actuarial Pricing Specialist

2 days ago10 views
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General Details
Advertised By:Agency
Company Name:Executive Placements
Job Type:Full-Time
Description

What you will be doing:

  • Take accountability for product development and pricing frameworks across the General Insurance portfolio.
  • Lead rate reviews and re-pricing exercises to ensure technical soundness and market competitiveness.
  • Coordinate with IT, underwriting, claims teams, and product owners to develop a holistic understanding of products and processes.
  • Oversee the assessment and approval of new product offerings, ensuring commercial viability and regulatory compliance.
  • Provide technical pricing support for new and existing business within the General Insurance segment.
  • Review and ensure accuracy of actuarial work completed by team members.
  • Provide guidance and mentorship to junior actuarial analysts.
  • Improve tools and processes used to monitor policy values and pricing accuracy.
  • Investigate deviations, quantify impacts, and recommend corrective actions.
  • Ensure projects adhere to audit, governance, and risk management requirements.
  • Support bespoke client product design with a focus on innovation, profitability, and sustainability.
  • Monitor and report on financial performance, including product profitability.
  • Act as a senior technical advisor, translating actuarial insights into actionable business decisions.

What we are looking for:

  • Actuarial degree or bachelors degree with Mathematics or Statistics as majors.
  • Associate Actuary qualification or strong progress toward Associate level exams.
  • Minimum of 5 years relevant actuarial experience, preferably within General Insurance.
  • Strong pricing and product development experience.
  • Proven modelling experience.
  • Coding skills in SQL, with Python and R advantageous.
  • Solid knowledge of insurance products, contracts, and relevant industry legislation.
  • Strong numerical ability and advanced proficiency in MS Excel, MS Word, and SQL.
  • Experience with data extraction and analysis is advantageous.
  • Excellent analytical, communication, and stakeholder engagement skills.
  • Self-driven, results-oriented, and able to work independently under pressure.
  • Innovative mindset with strong problem-solving capability.
Please note if you do not hear from us within 3 weeks, consider your application unsuccessful.

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Executive Placements
Selling for 1 year
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