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Cyber Pricing Actuary

  • Location City of London
  • Job type Permanent
  • Reference ER6
  • Salary £90000 - £105000 per annum + Bonus
  • Specialisation Actuarial
  • Posted November 30, 2021

My client, a Fortune 500 Insurance firm based in London is looking for a Cyber Pricing Actuary

Duties:

· Providing the Financial Lines Profit Centres with the actuarial support they require to profitably grow their business and take remedial action where needed.

· Support the development, alignment, and execution of portfolio strategies.

· Actively involved in technical pricing tool development and enhancements, whilst considering local market requirements.

· In co-ordination with the actuarial pricing team, monitor rates at renewal and new business, ensure technical pricing models are in place and reviewed regularly and that any deviation is justified and monitored.

· Produce pricing analysis for large accounts and schemes within agreed timescales, working closely with underwriters.

· Report performance at granular level (account and rating factor) so that underwriters can optimise performance.

· Work closely with underwriting management to identify profitable new business and growth opportunities.

· Ensure data used for pricing and monitoring is complete, accurate, adequate and timely.

· Comply with key regulatory and risk management procedures.

Technical Skills and Expertise:

· Candidates who are a credentialed member of a recognized actuarial society are preferred.

· Candidates with several years of relevant actuarial experience strongly preferred

· Candidates with some management experience preferred but not required

· Proven proficiency in actuarial pricing concepts/methodologies

· Degree in Mathematics or related discipline.

· Strong analytical and problem solving skills.

· Work well both independently and as part of a team.

· Expertise in Excel, Access, VBA, SAS, or other programming languages preferred.

· Effective time management skills

· Excellent communication, presentation, and interpersonal skills.

Salary up to £105,000 + Bonus

No sponsorship provided

2/3 days work at the office - Moorgate Area (London)