Actuary, Structured Risk Solutions

What You’ll Be Doing

• Colleague Interactions
  • Represent pricing and analytics in product meetings
  • Coordinate with Global Product Pricing Actuaries
  • Understand data and processes and propose improvements that will enhance analysis and efficiency of the pricing process in a manner commensurate to the profit
• Actuarial Pricing Analysis
  • Your key responsibility will be pricing complex (re)insurance deals, including supporting the structuring of the transactions
  • Perform Independent Profitability Analyses as needed to provide business guidance to Underwriting
  • Build understanding of Global Specialty business segment through appropriate participation in various other analyses including audits of pricing tool data and rate level analysis
• Pricing Tools Development
  • Develop new pricing tools, and the associated pricing process
  • Conduct Case Price Referrals for deals that fall out of scope of the pricing model
  • Provide training and guidance to underwriters on pricing model
  • Calibrate rating factors as data allows
  • Ongoing maintenance and enhancement of pricing model to enable better underwriting decisions
  • Review and monitoring of underwriting metrics
  • Collaborate with the analytics team on improving the pricing model based on new data sources and analytical techniques
• Reinsurance Analysis, Risk Management and Regulatory Support
  • Capital modeling support including development of underwriting risk assumptions
  • Provide actuarial pricing support for regulatory reports as required
  • Provide pricing and analytics support for Reinsurance Treaty renewals as needed

What You Will BRING

• Qualified actuary (FIA, FCAS or equivalent)
• Significant experience of non-life insurance pricing (casualty preferred), SRS pricing experience would be ideal
• Commercial experience of programming (Python / R / SQL)
• Proficiency in Excel
• Developed ability to Influence and negotiating skills
• Leadership skills to work collaboratively with colleagues across functions to build consensus
• Exceptional analytical skills and verbal communications skills to gain buy-in
• Excellent written communication skills
• Robust ability to think strategically and apply critical thinking to solve problems