Actuarial Pricing Analyst

Reference

APA32


Sector

Actuarial


Salary

£50,000 to £65,000 Per Annum


Town/City

London City


Contract Type

Permanent

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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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