Senior Actuarial Pricing Strategist
1 month ago
**Job Title:** Senior Actuarial Pricing Strategist
Company Overview:
The Recruitment Council is a leading provider of recruitment solutions for the insurance industry. We are currently seeking an experienced Actuarial Pricing Specialist to join our team.
Estimated Salary: $120,000 - $180,000 per annum
Job Description:
We are looking for a highly skilled Actuarial Pricing Specialist to take charge of pricing models and manage risk for both new and existing short-term insurance products. The ideal candidate will have a strong interest in short-term insurance and pricing products, with initiative in identifying areas for improvement and taking action.
Main Responsibilities:
- Maintain, develop, and implement leading short-term insurance pricing models.
- Identify and integrate data enhancements to improve pricing accuracy.
- Oversee model performance against actual experience, addressing any weaknesses.
- Develop pricing strategies for both new and existing business to meet growth and profitability targets.
- Support the development and innovation of new products.
- Ensure strict governance on pricing strategies.
- Provide insights and support to the business using data and analytics.
Required Skills and Qualifications:
- Bachelor's degree in Actuarial Sciences.
- Qualified or nearly qualified actuary.
- Minimum 5 years of actuarial modeling and pricing experience in short-term insurance.
- Proficiency in tools like SQL, SAS, R, Python, Willis Towers Watson, Earnix, and AKUR8.
- Advanced skills in Microsoft Excel.
- Experience with programming and working with large datasets to create commercial insights.
Benefits:
- A competitive salary range of $120,000 - $180,000 per annum.
- A comprehensive benefits package, including health insurance and retirement savings plan.
- Ongoing training and professional development opportunities.
Others:
This position is ideal for candidates with advanced experience in pricing and product development within the short-term insurance sector who are ready to drive impactful pricing initiatives.
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