Pricing Lead, Marine
London/Hybrid
Circa £63k + bonus + benefits
Pricing Lead with Marine experienced is required by ever growing, highly successful insurance group operating in the London Market.
You will support the provision of actuarial pricing support to our client's specialty global markets division.
Responsibilities
Demonstrate ownership of Marine products lines; taking responsibility to ensure pricing reviews are undertaken in a timely manner and pricing models are developed and maintained as required
Effectively manage, mentor and support your direct report(s), including managing their time, providing training and reviewing their work as required
Work independently on individual pricing assessments of large risks and binder reviews, including clear communication of results to the underwriters
Support pricing team in achieving the high standards as indicated within the Lloyd's oversight framework, including technical rating of all risks and regular monitoring of Delegated underwriting contracts
Construction, review and maintenance of pricing models for varied classes of business
Analysis of pricing model data including parameter validations
Support for syndicate business planning process
Production and review of pricing management information
New business initiative analyses and independent reviews
Investigation and utilisation of alternative data sources for parameterisation of pricing models
Support underwriting within depth portfolio analyses and performance management
Key Skills:
Significant pricing experience in the London Market
Qualified actuary by exams OR extensive experience
Experience with Marine products
Highly developed mathematical/statistical knowledge in (re)insurance
Effective communication skills and ability to translate complex models in business terms
Detailed knowledge of actuarial methods and techniques, and the ability to apply them in practice, making reasoned judgements within a business environment
Knowledge of a range of modelling techniques and applications for pricing
Willingness to continue to develop knowledge of any pricing related matters.
Knowledge and understanding of the underlying principles of insurance and reinsurance
For a full consultation on this exciting new opportunity, get in touch with ARC IT today!
