Job Title : Actuarial Pricing Specialist
Role Purpose :
This role is designed for a skilled Actuarial Pricing Specialist to take charge of pricing models and manage risk for both new and existing short-term insurance products. The ideal candidate will excel in a dynamic, high-pressure environment, delivering high-quality work to meet tight deadlines.
Responsibilities :
- Maintain, develop, and implement leading short-term insurance pricing models.
- Identify and integrate data enhancements to improve pricing accuracy.
- Oversee model performance against actual experience, addressing any weaknesses.
- Develop pricing strategies for both new and existing business to meet growth and profitability targets.
- Support the development and innovation of new products.
- Ensure strict governance on pricing strategies.
- Provide insights and support to the business using data and analytics.
Key Competencies :
- Strong interest in short-term insurance and pricing products.
- Initiative in identifying areas for improvement and taking action.
- Creative and practical problem-solving skills.
- Sound financial decision-making abilities.
- High level of accountability and independence.
- Strong time management skills, with the ability to meet project deadlines.
- Strong attention to detail and accuracy.
- Excellent verbal and written communication skills.
Qualifications & Experience :
- Bachelors degree in Actuarial Sciences.
- Qualified or nearly qualified actuary.
- Minimum 5 years of actuarial modeling and pricing experience in short-term insurance.
- Proficiency in tools like SQL, SAS, R, Python, Willis Towers Watson, Earnix, and AKUR8.
- Advanced skills in Microsoft Excel.
- Experience with programming and working with large datasets to create commercial insights.
This position is ideal for candidates with advanced experience in pricing and product development within the short-term insurance sector who are ready to drive impactful pricing initiatives.
