About the Role
You will support the Deputy Head of Pricing, International in delivering strategic pricing initiatives across the International portfolio, working within the International Pricing & Planning team as part of the CUO Office. You will help price and structure complex insurance and reinsurance contracts, develop and improve pricing tools, conduct portfolio analytics, support business planning, and contribute to continuous improvement initiatives across the pricing function.
Requirements
- Significant progress towards actuarial qualification: 3+ years of experience
- Practical experience of using a range of pricing techniques particularly for Lloyd's/London Market risks
- Experience of Casualty, Marine, Aviation, PVT or Energy advantageous
- Experience in building and enhancing exposure based pricing tools
- Excellent MS Excel skills
- Power BI and experience in a coding language (SQL, Python) desirable
- Collaborative mindset with the ability to work effectively in a team environment
- Demonstrated commitment to delivering high quality work
- Ability to communicate effectively with a wide range of stakeholders
Responsibilities
- Support the analysis, pricing and structuring of large and complex insurance and reinsurance contracts across multiple lines of business
- Contribute to the development and enhancement of pricing tools ensuring alignment with best practice methodologies
- Help introduce new exposure models and improve parameterisation processes
- Conduct analyses and investigations that inform growth strategies and remediation efforts
- Participate in the monitoring of key accounts and support regular performance reviews with internal stakeholders and external partners
- Support the production of planning materials including loss ratio setting and analysis of key drivers such as loss trends and inflation
- Contribute to the loss ratio volatility analysis needed for the capital model
- Identify opportunities to enhance pricing maturity and capabilities
- Engage in peer review processes and seek and give feedback to develop technical and professional skills
- Collaborate with colleagues across actuarial, underwriting, and other business functions