Protection Pricing Actuary | London

Location
London
Salary
Negotiable
Posted
14 Jan 2021
Closes
13 Feb 2021
Ref
JOB-012021-133410
Contact
Damian Bialozynski
Contract Type
Permanent

The overall job focus is an opportunity for a pricing actuary to take a role in: developing and delivering the pricing strategy for new and existing protection products; monitoring product pricing performance and leading strategic projects to identify and develop opportunities for innovation; experience analysis for refinement of pricing basis, supporting with commercial agreements analysis as well as bespoke pricing arrangements; supporting the delivery of reprices.

Accountabilities

  • Deliver a pricing strategy to significantly enhance portfolio sustainability and profitability.
  • Work closely with product development, analytics, underwriting and sales teams to enhance pricing models using cutting edge analytical techniques and pricing models, resulting in improved customer lifetime value.
  • Contribute to the re-pricing process for existing products and policy servicing changes - from rate setting through database generation, testing, and delivery to systems team for implementation.
  • Deliver complex pricing reports and analysis, and present them to key stakeholders and committees.
  • Deliver enhancements to pricing capability through research and development of new rating and segmentation factors.
  • Reinsurance tenders - support during new product or pricing reinsurer tenders.

You will be a Nearly/Newly Qualified Pricing actuary with exposure of working with any Life Insurance product.

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