Pricing Actuary

Job Title: Pricing Actuary
Department: Actuarial – Pricing
Reports: Pricing Manager
Location: Dublin

 

Job Summary

Deliver accurate and timely Pricing analysis and recommendations to support key business objectives.

 

Key Tasks & Responsibilities

  • Deliver accurate and timely Pricing analysis to assist business decision making, financial planning, and strategy development
  • Provide clear and concise communication of technical actuarial work to technical and non-technical audience
  • Assessing profitability and recommending changes for key lines of business based on appropriate tools and assumptions
  • Support the on-going review of pricing practices, recommending changes and improvements that meet best practice and business objectives and comply with company policies and guidelines
  • Develop, analyse and monitor key performance indicators and assess expected and actual impact of pricing changes
  • Direct the development maintenance and improvement of actuarial tools
  • Build, validate and analyse Pricing models for a variety of purposes
  • Develop solutions, under your own initiative, using sound actuarial/statistical approach to both new and routine Pricing problems
  • Perform rigorous validation of data in advance of analysis and actively recommend improvements to data quality.
  • Lead actuarial research and complex reports and projects; present findings and recommendations
  • Provide technical guidance on complex issues arising and as Subject Matter Expert input to evolving GI Pricing policy
  • Help develop positive relationships between the Pricing area and its business stakeholders
  • Achieve a high level of customer confidence/satisfaction
  • Support the team in implementing best practice GI Pricing techniques, liaising with Liberty International where required
  • Maintain clear and concise documentation of methods and activities
  • Provide guidance and training to less experienced staff to help their learning and performance
  • Monitor developments in actuarial techniques; Research laws and regulations; Analyse developments in the marketplace. Represent the Company on industry and professional committees

 

Qualifications

  • Minimum 2.1 honours analytical degree ideally in actuarial, mathematical or statistical studies
  • Qualified Actuary with 3+ years’ work experience

 

Experience & Knowledge

  • Ideally 3+ years’ experience in a GI Pricing role
  • Strong analytical skills with previous experience of applying actuarial/statistical methodologies to business problems
  • Strong IT skills, will need to be comfortable with basic programming and eager to develop this skill. Knowledge of SAS or R will be an advantage
  • Ideally, knowledge of GI actuarial modelling package such as Emblem, RADAR and Classifier
  • Sound understanding of the business and general insurance industry and of the business implications of analytical results

 

Competencies

  • Highly motivated with a genuine interest in GI Pricing
  • Personally motivated with the ability to motivate and mentor peers and motivate and train subordinates
  • Ability to balance multiple projects to ensure timely delivery of accurate results
  • Able to influence / negotiate with others to achieve solutions
  • Solid interpersonal skills and the ability to work in a team environment as well as independently
  • Good problem solver that can comfortably tackle different business problems
  • Ability to balance multiple projects and ensure timely delivery of accurate results
  • Solid oral and written communication skills and ability to interact effectively with business stakeholders

 

Liberty Insurance is an Equal Opportunity Employer.

 

If you would like to apply for any of the above positions please submit your CV to recruit@libertyinsurance.ie

Alternatively, if you require further information on this vacancy, please contact our
Human Resources Department on +353 (0)1 553 4060.