Pricing Analyst

Permanent Ref No: 1507326 Qualification: Nearly / Newly Qualified, Part Qualified, Nearly / Newly Qualified, Part Qualified

Job summary

Pricing Analyst for the International Market:

To contribute towards building / modifying the product offer (contracting, pricing, new guarantees, product evolution, law evolution, market evolution, emerging experience)
Analyse the profitability of proposed products in the context of Solvency II
Perform Solvency II calculations and analyse products' solvency
Test the sensitivity of the results under different hypotheses and conduct stress scenario tests
Prepare technical notes of findings for presentation to relevant stakeholders and internal management
Stakeholder management with all teams in Actuarial and Underwriting Department, and across the company
Prepare presentations and participate in various decision-making committees (Business Committee, Technical Committee)
To ensure good governance / documentation and adherence to relevant policies and procedures
To collect and analyse market and product statistics, benchmarks, market issues
To participate in the development of the software tools used by the underwriting department (mainly pricing tool, business plan tool) and assist Pricing and Underwriting Manager in developing / documenting underwriting guidelines

Analysis & Projects:

To perform ad-hoc technical analysis / projects and preparation of partner communications
To perform regular back testing of our best estimate assumptions and assist with updating of pricing assumptions/assessing pricing adequacy taking into account emerging trends in our experience
To contribute to projects in the pricing team as assigned, such as budget calculation, IFRS17

Experience:

Trainee Actuary with a minimum of 2-3 years' experience
High level of numeracy and computer literacy; Excel. Knowledge of SAS/VBA advantageous

Required skills Skills:

Tagged as: General Insurance, Life Insurance