Description:
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Position: Pricing Actuary
Job ID: 41018
Responsibilities:
-successful candidate will play a pivotal role in developing and maintaining pricing models, setting insurance rates, and analyzing financial data to inform business decisions.
-This position requires a deep understanding of risk assessment, actuarial modeling, and the ability to communicate complex findings to stakeholders.
· Develop and maintain actuarial pricing models for various insurance products.
· Analyze large datasets to identify trends and inform pricing strategies.
· Collaborate with underwriting and product development teams to design financially sustainable insurance products.
· Monitor and review the performance of existing products to ensure profitability and compliance with regulatory standards.
· Provide insights and recommendations to senior management on risk management and pricing strategies.
Qualifications:
Fellowship in the Institute and Faculty of Actuaries (IFoA) or equivalent.
Extensive experience in pricing within the insurance industry, preferably in Property & Casualty lines.
Proficiency in actuarial software and programming languages such as SQL, R, SAS, or Python.
Strong analytical, problem-solving, and communication skills.
Ability to work collaboratively in a team-oriented environment.
-->SALARY: 100-140k GBP
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