Property DUA Pricing Analyst
This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.
Transatlantic Cost of Living & Purchasing Power Benchmark
Position Overview & Specifications
- Working closely with underwriters and senior actuaries to scope, build, develop, document and maintain rating models and methods; training and support around best practice model use.
- Developing referral criteria for actuarial review of pricing deals based on premiums, strategic importance and/or historic performance of individual deals.
- Providing actuarial pricing recommendations regarding risk selection, contract structure, coverage and pricing for individual deals.
- Collaborating with the senior actuaries and data & analytics teams to deliver on longer term goals relating to upgrading databases, dataflows and analytical output.
- Take ownership of data and related queries within the property facilities and driving improvements and efficiencies as appropriate.
- Monitor the quality and accuracy of rate monitoring data produced by rating models and/or transactional case pricing.
- Maintain detailed claims coding process of property facilities process to enable more accurate assessment of xCAT and CAT losses in performance measurement of accounts.
- Contribute to detailed product monitoring and segmental reviews within classes of business to objectively assess profitability; provide evidence-based conclusions and recommendations for strategic changes, underwriting actions and portfolio optimisation.
- Contribute to business planning process to derive CAT and xCAT loss picks for property facilities units to assess potential profitability of the portfolio in the coming year.
- Contribute to monitoring the execution of underwriting actions and strategy implementation; assessing the impact of these on the account’s profile and emerging claims experience.
- Maintain the feedback loop (control cycle) and provision of information and analysis between the pricing, reserving, capital modelling and business planning processes.
- Get involved in ad hoc queries and requests that arise on property units from Management, UWs, Reinsurance and Reserving Teams.
- Experience in a general insurance actuarial role; consultancy or company.
- London Market and pricing background highly desired.
- First class or 2:1 university degree
- Intention to qualify as a fellow of the Institute & Faculty of Actuaries or equivalent professional body; strong track record of progress in actuarial examinations to date.
- Competent user of Excel, Word and PowerPoint. An advantage will be demonstration of skills and experience of: o programming - automation, database management and statistical packages (SQL, R, Python, VBA etc) o pricing model build and development
- Good understanding of the standard reserving and pricing methods used in the London Market for delegated authority business, how the London market operates and the key issues and trends.
- Thoroughness, attention to detail, and strong numeracy skills.
- Keen to further technical and market knowledge through own research and CPD/PPD.
Candidate Selection & Onboarding Process
Application & Resume Screening
Submit your tailored CV/Resume directly to the talent acquisition portal.
Technical & Competency Interviews
Virtual interviews with the hiring manager and multidisciplinary team.
Formal Offer & Benefits Negotiation
Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.
Onboarding & Corporate Integration
Equipment provisioning, team orientation, and commencement of duties.
Similar Opportunities in United Kingdom View All UK Roles →
Principal Data Analytics Specialist
Senior Clinical Diagnostic Radiographer
Werkstudent Mobile Development (m/w/d)
Apply for this Position
Receive high-paying Insurance openings directly to your inbox.
Direct Candidate Application
Property DUA Pricing Analyst • AXIS Insurance
Encrypting candidate credentials...
Connecting to official employer gateway...
Application Successfully Queued!
Your application for Property DUA Pricing Analyst has been received by AXIS Insurance.