We are seeking a highly skilled and experienced Senior Actuary to join our dynamic pricing team in the Europe. The position is a part of international team, responsible for markets in Europe, with strong focus on UK market. This is an exciting opportunity to lead pricing strategies, influence decision-making, and contribute to the ongoing success of our organization. As a Senior Actuary, you will collaborate with cross-functional teams to deliver innovative solutions, ensuring the organization remains competitive in the market.
What you do
• Pricing Strategy Development:
o Lead the development and refinement of pricing models, ensuring alignment with business objectives and regulatory requirements.
o Identify market trends and recommend adjustments to pricing strategies to optimize profitability and competitiveness.
• Data Analysis and Modeling:
o Utilize advanced actuarial techniques and predictive analytics to assess risk and model pricing scenarios.
o Collaborate with data scientists within the team to enhance pricing accuracy through machine learning and other innovative methodologies.
• Stakeholder Management:
o Communicate pricing insights and recommendations to senior management, underwriting teams, and other key stakeholders.
o Act as a key advisor on pricing-related matters, supporting decision-making at an executive level.
• Regulatory Compliance:
o Ensure all pricing practices comply with relevant regulatory and industry standards.
o Stay informed on changes to regulatory frameworks and assess their impact on pricing strategies.
• Team Leadership:
o Mentor and develop junior actuaries within the team, fostering a culture of collaboration and continuous improvement.
o Lead project teams, ensuring timely delivery of high-quality outcomes.
• Performance Monitoring:
o Monitor portfolio performance and recommend adjustments to pricing structures as needed.
o Conduct regular reviews of pricing models to ensure they remain robust and fit for purpose.
What you bring
• Experience:
o At least 5 years experience in a pricing-focused actuarial role, ideally within the insurance or reinsurance sector.
o Proven track record of delivering pricing strategies that drive business growth and profitability.
• Technical Skills:
o Advanced proficiency in actuarial modeling software and tools (e.g., Emblem, Radar, Python, and equivalent).
o Strong understanding of statistical and predictive modeling techniques.
o Knowledge of UK regulatory requirements and Solvency II.
• Interpersonal Skills:
o Excellent communication and presentation skills, with the ability to translate complex actuarial concepts for non-technical audiences.
o Strong leadership and team management abilities, with experience mentoring and developing junior professionals.
• Analytical Mindset:
o Exceptional analytical and problem-solving skills, with a strategic and commercial outlook.
Preferred Qualifications and Attributes
• Experience with pricing in a travel line of business
• Familiarity with emerging technologies and their application in pricing (e.g., AI, machine learning).
• Ability to work effectively in a fast-paced and changing environment.
• Preferred location is UK but open to other EU countries