Reference
APA32
Sector
Actuarial
Salary
£50,000 to £65,000 Per Annum
Town/City
London City
Contract Type
Permanent
Responsibilities:
- Support the underwriters to assess pricing adequacy on individual accounts both open market and binders.
- Develop, review and enhance the pricing models for each line of business including price monitoring.
- Monitor Class and Business performance by assessing key pricing metrics against planned targets.
- Communicate findings and develop supporting pricing actions.
- Utilise knowledge of the market to adapt pricing techniques in order to achieve organisational targets.
- Develop rate change and price adequacy analysis by line of business, class and/or individual risk.
- Build effective working relationships with the Underwriting department, providing training and support to underwriting teams where necessary.
- Examine historic loss information (internal and external data) across the portfolios to enhance the performance of the accounts.
- Assist with the actuarial elements of the business planning process.
- Assist with the parameterisation of the internal model.Ad hoc analyses to support management as required.
- Manage and collaborate group wide pricing projects.
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