Pricing Consultant
Intact Insurance UK Limited
Salary From:
Permanent
Multiple Office Locations
As a consultant you will support the team by delivering actuarial analyses in some of the following areas: product pricing, risk modelling, corporate planning, reinsurance, establishment of adequate claims reserves and/or underwriting analysis.
You will drive business decisions through the timely and accurate provision of analyses/pricing models. You will also work with the wider CUO function and the P & Ls to communicate your findings and support their implementation.
You’ll make an impact by:
Perform analyses using actuarial data (product pricing, reserves, financial performance and projections etc.) disclosing relevant assumptions, observations/conclusions and making recommendations within the agreed timescales.
Development of pricing strategies to ensure that case/product offerings support the UK&I Strategy.
Specifying, building and operating pricing models that use internal and external data sources.
Develop key pricing models e.g. risk cost and benchmark models.
Responsible for finding solutions to strategic problems using best in class techniques, coaching and providing guidance to less qualified and/or experienced colleagues.
Build, maintain and work in partnership with colleagues across CUO and the wider business, actively considering the teams priorities to improve team efficiency.
Follow the correct control environment in line with internal policies, procedures, governance, regulatory and legislative requirements.
Your skills and experience:
Good communication skills.
Strong technology, numeracy and mathematical skills (e.g. Excel, Emblem, Radar, VBA, R etc).
Actuarial or relevant practical Pricing experience.
Able to challenge standard thinking.
Ability to prioritise and keep stakeholders updated as required.
Ability to align with Group priorities and standards.
Ability to coach less experienced team members.
Be confident in supporting the growth of pricing capability in CUO and ensure recognition and visibility across the business.
analytics, claims, coaching, communication, data, emblem, excel, governance, modelling, pricing, radar, risk, underwriting