Pricing Lead, Marine
London/Hybrid
Circa £63k + bonus + benefits

Pricing Lead with Marine experienced is required by ever growing, highly successful insurance group operating in the London Market.

You will support the provision of actuarial pricing support to our client's specialty global markets division.

Responsibilities

• Demonstrate ownership of Marine products lines; taking responsibility to ensure pricing reviews are undertaken in a timely manner and pricing models are developed and maintained as required
• Effectively manage, mentor and support your direct report(s), including managing their time, providing training and reviewing their work as required
• Work independently on individual pricing assessments of large risks and binder reviews, including clear communication of results to the underwriters
• Support pricing team in achieving the high standards as indicated within the Lloyd's oversight framework, including technical rating of all risks and regular monitoring of Delegated underwriting contracts
• Construction, review and maintenance of pricing models for varied classes of business
• Analysis of pricing model data including parameter validations
• Support for syndicate business planning process
• Production and review of pricing management information
• New business initiative analyses and independent reviews
• Investigation and utilisation of alternative data sources for parameterisation of pricing models
• Support underwriting within depth portfolio analyses and performance management

Key Skills:

• Significant pricing experience in the London Market
• Qualified actuary by exams OR extensive experience
• Experience with Marine products
• Highly developed mathematical/statistical knowledge in (re)insurance
• Effective communication skills and ability to translate complex models in business terms
• Detailed knowledge of actuarial methods and techniques, and the ability to apply them in practice, making reasoned judgements within a business environment
• Knowledge of a range of modelling techniques and applications for pricing
• Willingness to continue to develop knowledge of any pricing related matters.
• Knowledge and understanding of the underlying principles of insurance and reinsurance

For a full consultation on this exciting new opportunity, get in touch with ARC IT today!