A Brief Overview
Pricing Actuaries are responsible for the pricing of individual business through modelling, risk analysis and other new business development activities.
What you will do
- Lead junior team members to complete multiple quotes meeting clients’ objectives and **’s minimum requirements.
- Ensure all pricing procedures, including preparation of pricing memo and peer reviews meet documented divisional standards.
- Share best practices and work closely with internal counterparts to develop sustainable and new perspective on existing reinsurance solutions.
- Conduct review and provide sound advice for actuarial work.
- Lead junior team members to conduct research and produce pricing basis for new business development initiatives.
- Ensure pricing basis are documented and approved for all reinsurance coverage allowed under the country mandate.
- Negotiate treaty terms with clients and ensure treaties are completed and signed in a timely fashion.
- Provide technical/actuarial support for the execution of our product development initiatives and training and guidance to junior staff of the team.
- Build strong relationships with counterparts of our client companies.
- Lead and support ad-hoc corporate and internal projects.
Qualifications
- Bachelor’s Degree in Arts/Sciences (BA/BS) in actuarial science, statistics, math, finance, or related fields required
- 10+ Years actuarial working experience, relevant pricing experience a definite plus required
- Highly organized, delivery-orientated with the ability to work with multiple concurrent projects required
- Highly motivated, results oriented and solutions focused required
- Ability to work effectively under pressure and demonstrate problem solving creativity required
- Strong interpersonal skills with the ability to negotiate and influence others required
- Strong technical skills and attention to detail; ability to challenge and enhance existing analytical methodologies required
- Strong client services ability with excellent communication skills (both written and verbal) required
- Advanced Excel skills is required and experience in using actuarial software, e.g. Axis, is strongly preferred required
- Innovative, proactive and improvement oriented required
- Ability to work independently and as part of a team and deal with multiple stakeholders within the business required
- Qualified Actuary with a globally recognized actuarial association Required