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Head of Technical Pricing
4 months ago
The purpose of this role is to determine strategic direction for pricing for any new or existing products within the business. The role will focus on the technical development of pricing models and technical implementation and improvement, and will require input into business processes where appropriate. It is ultimately accountable for the profitability of the book of business.
**Responsibilities and work outputs**
The role will be responsible for the following:
- Technical pricing model development and implementation assistance
- Technical pricing innovation and improvement on existing models
- Street pricing development and practical implementation assistance
- Pricing monitoring
- Input into product development and business processes where required
- Willingness to interact and courage to debate technical concepts with business partners
- Ruthless search for efficiency in development and implementation
- Continuous improvement and automation of operational tasks
- Take full accountability of business performance (within their control)
- Mentoring junior actuarial students
- Enthusiastic and passionate
- Energetic and a quick worker
- Strong sense of Integrity and honesty
- Ability to respect confidentiality
- Deadline and results oriented
- Organised, self-disciplined and self-motivated
**Additional Attributes**:
**Experience and Qualifications**
- Nearly or newly qualified actuary
- 5 10 years experience in short-term or general insurance, specifically in product development and pricing
- Management experience would be advantageous
- Experience with data management software (SAS, SQL)
- Experience with pricing software (WTW)