Pricing Manager

Job Title: Pricing Manager
Department: Actuarial – Pricing
Reports: Head of Pricing
Location: Dublin

 

Job Summary

Assist in the management of the Pricing area to provide analytical based recommendations to support key business decisions.

 

Key Tasks & Responsibilities

  • Provide a specialist Actuarial Pricing service to LI, advising on issues and making recommendations where appropriate
  • Management of the Pricing team members to meet objectives, develop the capability and expertise of team members and foster a strong customer culture
  • Manage key elements of the design, development and maintenance of Technical Prices for all lines of business based on appropriate pricing tools/ assumptions
  • Implement and develop sound Pricing processes and policies to support the delivery of work to the highest standard
  • Contribute to recommendations to Underwriting Committees on pricing of each of LI’s products to provide the required return. This includes overall average prices, pricing structure, parameter values and methodology (eg. experience rating formulae)
  • Manage key internal and external stakeholder relationships and manage the integration of the department with others so as to deliver a better service to the business
  • Provide models, data and information to assist with the setting of assumptions and targets as part of business planning
  • Analyse and monitor key performance indicators including rate change
  • Work with Finance in establishing prospective profitability estimates
  • Identify target segments of the key portfolios and communicate these effectively to align Pricing and Marketing activity
  • Assess and address data quality issues. Actively work to enhance both internal and external data capabilities
  • Monitor and report performance versus the Risk Policy
  • Manage appropriate documentation of key controls for Risk Policy and LAP
  • Lead delivery of Actuarial projects
  • Provide technical guidance on complex issues arising and as Subject Matter Expert input to evolving GI Pricing policy
  • Support other actuarial and financial management activities as required and provide broader operational support to the Sales & Marketing
  • Support the design, development and maintenance of appropriate analytical tools and databases
  • Monitor developments in actuarial pricing and research the external market to identify risks and opportunities for the business

 

Qualifications

  • Qualified Actuary with 4+ years’ work experience
  • Minimum 2.1 honours analytical degree ideally in actuarial or statistical studies

 

Experience & Knowledge

  • Ideally 4+ years’ experience in a GI Pricing role including some management experience
  • Strong analytical skills ideally with modelling experience for Ireland or UK
  • Good leadership and interpersonal skills, ability to communicate effectively at senior management level
  • Good understanding of project management disciplines an advantage
  • Strong IT skills, knowledge of key GI actuarial modelling packages (including Emblem, Radar, Classifier) an advantage
  • Sound understanding of the business and general insurance industry
  • Clearly understands modern actuarial skills, processes and techniques
  • Experience of working within a framework of legal and company policy procedures and guidelines
  • Good working knowledge of professional standards and codes
  • Experience of leading a team within a broader Actuarial department an advantage
  • Report writing and presentation skills
  • Experience of working in a multi-cultural or cross-border organisation an advantage

 

Competencies

  • Highly motivated to deliver consistent high performance
  • Excellent planning and organising skills, highly skilled at managing own workload and team objectives. Manages expectations effectively
  • Highly developed interpersonal skills, works closely with other individuals / teams to achieve goals. Delegates effectively and appropriately
  • Seeks to maximise the benefits of a team focussed organisation and supports collaboration
  • Skilled communicator who presents a credible, technically considered position to key stakeholders and the team
  • Able to influence / negotiate with others to achieve solutions
  • Able to collect, analyse and challenge technical information
  • Distils complex quantitative and qualitative information into key facts and makes well-reasoned recommendations to management
  • Demonstrates awareness of the broader business environment and the impact of external development on the Pricing practices

 

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.