Reference
PLP25
Sector
Actuarial
Salary
up to £60,000 Per Annum
Town/City
London
Contract Type
Permanent
Talk to Charlie Exall
Responsibilities:
- Develop validate and review predictive models including machine learning models
- Run data for modelling, pricing and monitoring
- Development and delivery of up to date and accurate datasets for modelling, pricing and monitoring.
- Development and maintenance of pricing models and support for their deployment
- Carry out pricing analyses and prepare options for senior stakeholders
- Carry out deployment/send instructions for rate releases and review of rates into rate engine/live environment.
- Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets
- Maintenance of records to coordinate pricing decisions and implementation across teams, decision-making bodies and implementation pathways
- Execution, development and project management across all stages of the price control cycle as required.
- Inform and influence peers in team and across the company.
- Identify and monitor trends in the market which could affect the pricing and underwriting of our products.
Competencies:
- A good quantitative degree, e.g. in Statistics, Mathematics or Actuarial Science
- Experience in a relevant role in a data-driven environment
- Knowledge of insurance products and distributions (direct, intermediary, aggregators)
- Experience of using statistics to explore and validate data, extract and manipulate large datasets for analysis
- Experienced in the use of programming language (e.g. SAS) and/or statistical packages e.g. actuarial pricing software
- Experience in SOME of the following predictive modelling techniques e.g. Logistic Regression, Log-Gamma GLMs, GBMs, Elastic Net GLMs, GAMs,Decision Trees, Random Forests, Support Vector Machines and Neural Nets
- Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave)
- Experience of using Emblem and RadarHighly numerate with excellent attention to detailAbility to prioritise and re-prioritise tasks to meet business requirements
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