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Pricing Actuary - Motor sought for an exciting and growing General Insurance company based in Central London. They have had tremendous success in growing their Home product from a start-up brand to now being known as one of the most cutting edge / unique providers in Household insurance.
They are now ready to launch a highly competitive Motor product and challenge the current Motor insurance leaders. Our client is also looking to the future by investing in AI technologies, 'big data' and concentrating on advancing their pricing processes and techniques.
They are looking to appoint someone with significant Personal Lines Motor Pricing experience who can enhance their current team, ideally you will have prior experience of building technical pricing models (GLMs) to predict risk.
Responsibilities of the Pricing Actuary - Motor:
- Developing and delivering risk selection and pricing capabilities
- Assist in loss ratio and renewal retention
- Monitor portfolio performances
- Focus on Pricing for Home / Motor products - (More products are in development due to projected growth)
- Dealing with B2C and MGA distribution models
Skills and experience of the Pricing Actuary - Motor:
- Strong background in UK Motor Pricing preferred (although those with excellent Home Pricing experience may be considered)
- Hold a numerical degree and / or demonstrate numerical reasoning skills
- Experience of building Risk Models (GLMs)
- Experience in Emblem
- Experience in data manipulation with SQL/R/WPS/SAS
- Experience in Retail Price Optimisation & Customer Lifetime Value Calculations
- Understanding of Profitability Forecasting Techniques
Highly competitive base salary on offer in addition to a generous benefits package.
If this opportunity sounds like it could be of interest, please apply below with your CV.
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