Are you passionate about analyzing risk and pricing strategies? Join our team as a
Short-Term Pricing Actuarial Analyst and play a crucial role in shaping competitive and sustainable insurance pricing!
Key Responsibilities: - Pricing & Product Development: Support the development and pricing of short-term insurance products by analyzing claims data, market trends, and customer behavior.
- Data Analysis & Modeling: Build, maintain, and enhance pricing models to predict risk and optimize premiums across various customer segments.
- Monitoring & Reporting: Track and report on pricing effectiveness, including loss ratios, and other KPIs to assess profitability and suggest rate adjustments.
- Collaboration: Work closely with underwriting, sales, and product development teams to ensure accurate pricing aligned with business objectives.
- Compliance & Documentation: Ensure pricing models and processes comply with regulatory requirements and are accurately documented.
Requirements: - Education: Bachelors Degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Actuarial Exams: 8 exams plus.
- Technical Skills: Proficiency in actuarial modeling software, Excel, SQL, and experience with programming languages such as Python or R.
- Analytical Skills: Strong analytical and problem-solving skills, with a high attention to detail.
- Industry Knowledge: Understanding of short-term insurance products, risk factors, and market trends.
- Communication Skills: Ability to convey complex analytical insights to non-technical stakeholders effectively.
