The work of the Research & Systems Actuary will encompass three key areas – research into terms of trade, design & maintenance of pricing tools and review of pricing quotations.
Overview
Responsibilities:
- Research into Terms of Trade
- Undertaking research & conducting experience analyses to set Terms of Trade
- Implementing the Terms of Trade into the various pricing tools
- Using statistical / data mining techniques to explore datasets to maximise learnings
- Design & maintenance of pricing tools
- Designing & specifying pricing tools for experience analysis and rate production to ensure
- Maintaining pricing tools
- Review quotations
- Reviewing experience analyses and pricing carried out by the pricing team for individual and group business
Qualifications required:
- Qualified Actuary
Experience required:
- Pricing experience specifically in UK or Irish individual and group protection products is essential
- Proven experience in an insurance or reinsurance environment
- An enquiring mind, with excellent numerical and analytical skills in statistical and financial modelling
- Excellent risk management and commercial awareness
- Proficient user of MS Excel. Coding skills in R or other statistical coding environments is desirable