Key Tasks & Responsibilities
Support the preparation of accurate and timely Pricing analysis and assist in making recommendations to support key business objectives.
- Provide support to a range of stakeholders by performing analysis within designated business segments to assist business decision making and financial planning
- Assist in profitability analysis and rate change recommendations for key lines of business based on appropriate tools and assumptions
- Analyse and monitor key performance indicators and assess rate change impacts
- As part of a team, develop solutions using sound actuarial/statistical approach to both new and routine Pricing problems
- Perform rigorous validation of data in advance of analysis and actively recommend improvements to data quality
- Ensure the accuracy and timeliness of all analysis and recommendations
- Implement and deliver work according to policies, guidelines and procedures of the Pricing function
- Provide clear and concise communication of technical work to technical and non-technical audiences
- Develop actuarial skills and business acumen
- Develop insurance knowledge
Qualifications
- Minimum 2.1 honours analytical degree ideally in actuarial, mathematical or statistical studies
- Commitment to achieving qualification in the Institute and Faculty of Actuaries
Knowledge & Experience
- Prior Actuarial experience as gained through an internship/s is preferred
- Strong analytical skills with an understanding of how actuarial/statistical methodologies apply to business problems
- Good IT skills, will need to be comfortable with basic programming and eager to develop this skill. Knowledge of SAS, R or Python will be an advantage
- Understanding of the general insurance industry and of the business implications of analytical results
Competencies
- Highly motivated with a genuine interest in learning about GI Pricing
- Can prioritise and organise their own workload to meet personal and team objectives
- Good oral and written and presentation communication skills
- Good interpersonal skills with a clear ability to work effectively as part of a team
- Good problem solving skills
