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Actuarial Pricing


   1.     Purpose

The role holder is responsible for ensuring the development, co-ordination, monitoring and optimization of pricing models and methodologies across Reinsurance.  It is responsible for ensuring effective delivery of robust and consistent pricing actuarial analysis to support underwriting decisions and internal / external reporting.   

2.         Dimensions

Technical development of the Reinsurance underwriting tools will be a key enabler in achieving our aspirations within reinsurance and this role will have direct responsibility for supporting the development of this function.  

3.         Key Result Areas


Lead and take responsibility for the development and implementation of pricing tools to support the Reinsurance strategic aspirations and related operational plans

            Pricing Development

  • With the Reinsurance Pricing Actuaries, ensure that pricing tools are designed and delivered to meet the needs of the Business, where possible seeking consistencies across Reinsurance, regions and other Business areas as appropriate.
  • Work closely with the Group Pricing Actuary to ensure the TP plans are aligned within the Group
  • Responsible for the design of any new software tool and collaborate with the Pricing Development team to effectively build and deliver the tool to the business
  • Ensure that the technical pricing development in conjunction with the Pricing Development team is able to deliver pricing tools which are:
  • Actuarially rigorous
  • Consistent and fully compliant with the Group Underwriting technical pricing framework
  • Operationally robust
  • Quick and easy to use at the point of sale

Compliance and Risk Management

  • Ensure compliance with relevant Group policy, risk, regulatory and legal requirements, reporting any issues as appropriate.  
Full time

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London, England, London, SE11, United Kingdom

  • Ad ID:  14851151
  • Ad Type:  Offered
  • Posted on:  30/06/2020, 13:42
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