Job Vacancy Details
Actuarial Pricing Manager
Insurance
Southampton
Permanent ⁄ £80000 - £85000
Updated May 1, 2012
The Actuarial Department is responsible for the analysis, interpretation and communication of the actuarial reserving analysis and the development of new actuarial systems and concepts, helping to facilitate the reserving, pricing, capital, monitoring and forecasting of the company's lines of business, and ensuring we comply with all relevant FSA regulations.
The job holder, is a senior member of the Finance Management Team, and is responsible for ensuring the Actuarial Department meets the operational, financial and strategic objectives within their area of control.
To lead the departments thinking in specialist actuarial pricing methodologies and strategy, and to ensure the production of analysis of underwriting performance and competitive position whilst having regard for company objectives. This includes the interpretation and communication of suitable recommendations from the analysis to Senior Management, to assist them in setting pricing rates.
To lead the departments thinking in maintaining and upgrading the existing actuarial models, and to research, development and implement of new actuarial models.
To lead the departments thinking in the pro-active use of data available and wider insurance business awareness to support the underwriting and claim functions in identifying areas of interest.
Lead, appraise, motivate and develop members of the Actuarial Department.
To support the Head of Actuarial in meeting the companies wider strategic business objectives
To lead the departments thinking in company forecasting and planning models, to develop and maintain appropriate systems, and assist in the production of company forecasting and planning analysis, and assist Senior Management in strategic decision making.
To assist in the departments thinking in methodologies for the analysis of large claim experience, to develop and maintain these, and ensure production of the analysis of large claim experience to assist in the financial / strategic reinsurance decision making process.
To assist in the analysis of Claims performance, identifying trends and features, producing claims projection models. This includes the interpretation and communication of suitable recommendations from the analysis to Senior Management.
Ensure production of the analysis to support ad-hoc Ageas projects, including interpretation of data together with concise recommendations.
Who we're looking for
Numeric:
A high level of numeracy is required, to degree level in a numeric discipline or equivalent experience.
Problem Solving:
A high level of problem solving ability is required, and a proven track record of identifying, investigating and interpreting the results of a complex actuarial analysis.
Communication Skills:
A high level of both written and spoken communication skills is essential, as well as a proven track record of presenting complex concepts, presenting persuasive recommendations, communicating difficult issues and contributing effectively at a senior management level.
Planning Skills:
A proven track record of managing and delivering major projects is essential.
Management Skills:
A proven track record of managing a team within an actuarial / analytical environment, or equivalent experience.
Modelling Skills:
A high level of understanding of modern actuarial modelling techniques is essential.
Essential knowledge:
Strong technical knowledge in pricing is essential, as is a detailed business awareness of the motor, household, commercial and travel insurance businesses.
The department uses a high level of IT technical skills within the analysis it performs. As such, the ability to understand and utilise new software is essential.
Specialist knowledge or management exposure of the following is essential:
(a) database packages,
(b) actuari
About our client
A leading Southampton based insurance company
What's on offer
Excellent package
Michael Page Contact
For further info, apply or phone on +44 (0) 20 7831 2000.
Job Ref: 13200021
Your application will be sent to Richard Sinden.
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