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About the Role
The Divisional Pricing team supports, challenges, and provides insights to pricing teams globally. We ensure adherence to pricing principles, controls, and targets for senior leadership. This role is for an innovative and technically strong actuary to join the Divisional Pricing team, reporting to the VP Pricing. The position offers exposure to global markets and collaboration with various experts and data sources.
Responsibilities
- Build strong working relationships with global actuarial pricing, risk, and capital management teams.
- Provide robust oversight to the pricing function by reviewing front-line pricing on large and non-standard quotes.
- Conduct deep dives to understand and ensure the appropriateness of current assumptions, applications, and methodologies.
- Ensure non-decrement assumptions are up-to-date and consistent across the division.
- Monitor and report on Enterprise Pricing Metrics at product family and PL Re levels.
- Drive and contribute to PL Re-wide projects impacting pricing.
- Develop division-wide methodologies and build the PL Re pricing reference library.
- Pursue consistency of pricing methodology and process across regions and lines of business by identifying and setting best practices.
- Ensure the continued evolution of analytic techniques in pricing through thought leadership.
- Support Pricing team activities and further build on PL Re Pricing methodologies and culture.
- Provide support and thought leadership for the pricing of new risks or novel reinsurance structures.
- Facilitate and encourage cross-region and LoB collaboration via divisional projects.
- Define and ensure a consistent PL Re pricing culture.
- Provide regular and transparent updates to Pricing teams and the wider business.
Requirements
- Qualified Actuary
- Ability to work independently in a small, flexible, and dynamic team
- Experience with asset-side modeling
- Strong technical and problem-solving skills
- Strong written and verbal communication skills
- Experience with statistical methods or a demonstrated interest and eagerness to develop skills in this area
- Interest in programming and comfortable with or willing to learn software packages, such as Tableau, SQL, and R.
Skills
- Asset side modelling
- Statistical methods
- Programming
- Tableau
- SQL
- R
Location
- Global
Work Type
- Full-time
Experience Level
- Manager
Education Level
- Qualified Actuary
Benefits
- 25 days of annual leave with option to buy/sell more days
- Adoption and fertility leave
- Generous enhanced parental leave
- Comprehensive private insurance coverage for employee and dependents
- Group Life Insurance coverage of 9x basic annual salary
- Group Income Protection up to 75% of basic annual salary
- Optical benefits
- 15% combined employee/employer contributions to savings/retirement
- Subsidized gym membership
- Access to Employee Assistance Program
- Cycle to Work and Electric Car Salary Sacrifice Scheme
- Time off for volunteering
- Charitable matching of employee donations
About the Company
- Every person in our global team is valued for the unique qualities they bring to our business, and we seek to build their expertise and support their individual ambitions at every step.
- We work hard and thrive on achievement, but we also know how to have fun and relax.
- We regularly host a range of team-building days to strengthen our team's connection with each other and reflect on their successes.
- Providing employees with a healthy work-life balance is very important to our culture.
- We have a wide range of employee benefits and host regular social activities and well-being initiatives.
- We are also committed to supporting our employees' involvement in their communities by actively fundraising, hosting charity events, and overseeing volunteering opportunities.
Equal Opportunity
- We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners, and communities.
- We support all employees to thrive and achieve their fullest potential.
- As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.