Pricing Analyst

Job Locations UK-London
Job Post Information* : Posted Date 2 weeks ago(08/10/2021 10:01)
Job ID
2021-1058
# of Openings
1
Category
Actuarial

Overview

Are you our new Pricing Analyst?

 

We’re looking for a Pricing Analyst to join the team with a focus on our new lines of business. Over the last year IQUW has grown rapidly and now underwrite Specialty, Commercial and Reinsurance business. We are looking for someone with a strong P&C pricing experience expertise to help design and build technical pricing models and processes in a rapidly evolving environment.

 

Reporting to the Pricing Lead, your main responsibilities in the role will be to:

  • Aid in designing and implementing pricing processes for syndicate 1856
    • Work with Underwriters to define key policy parameters and pricing model requirements
    • Identify internal and external data sources
    • Set up, maintain, and enhance pricing templates for use by underwriters
    • Design calculation software to calculate Risk Prices and Market prices reflecting agreed expense and profit loadings
    • With IT support, implement pricing software
    • Act as expert adviser to underwriters using the pricing software, adding bespoke features as required
  • Develop strong communication and collaboration with underwriters and Catastrophe Modelling teams to facilitate sharing of best practices
  • Research and develop techniques and approaches to deliver improvements in efficiency, data quality and modelling capabilities through model design and the use of technology
  • Work on ad-hoc, individual risk pricing projects in conjunction with underwriters
  • Assist with the delivery of additional, ad-hoc analysis and documentation

 

We’d like to hear from you if you have:

  • Some Speciality, Commercial or Reinsurance pricing knowledge or experience
  • Actuarial skills at the level of a part-qualified UK actuary, along with degree in Mathematics (or similar)
  • Knowledge and skills relating to the management of insurance data
  • Excellent communication skills both written and face to face

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