Pricing & Actuarial Analyst
6 meses atrás
job description:
**PRINCIPAL DUTIES AND RESPONSIBILITIES**:
- Understand and respond to Hiscox Europe's pricing, portfolio management or exposure management needs within set parameters and under guidance;
- Support the pricing of large risks, deals or new opportunities,
- Work with the underwriting community to build and maintain pricing algorithms;
- Produce profitability and exposure studies;
- Analyse books of business and suggest optimisation actions;
- Analysis conducted ranges from studies on very specific books for the underwriting community, through to outputs that feed into critical processes (such as reserving or reinsurance purchase);
- Work closely with other members of business intelligence team to support the build of new predictive models, ensure accuracy and consistency of pricing / rating measurements as well as development of new measurements;
LI-RV1
person specification:
Technical Knowledge:
- Understanding of pricing / actuarial / underwriting functions (Capital Modelling, Reserving, Pricing);
- Developing expertise building models from SAS, R, FICO or Python;
- Developing knowledge of insurance products and terminology;
- Foundational knowledge of range of actuarial processes;
- Working knowledge of SQL, spread sheets, databases;
- Developing data mining skills
- Basic knowledge of statistical modelling techniques;
Application of Knowledge:
- Demonstrates good mathematical and analytical skills;
- Able to complete projects/tasks under moderate supervision - using initiative to get the job done;
- High attention to detail, hitting deadlines and following guidelines;
- Developing awareness of the strategy and make
- up of the book/appetite;
- Developing awareness of factors affecting pricing/modelling;
Behavioural:
- Able to articulate complex analysis to nontechnical audience;
- Seek assistance & clarity when unclear;
- Ability to develop rapport, adapt style and be flexible in order to build relationships;
- Continuous self
- improvement and learning;
- Help foster a strong team culture.
LI-RV1
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