Our client, a distinguished leader in the Insurance industry, is seeking a highly skilled and dynamic individual to join their team as a Senior Pricing Specialist for Commercial Lines in Cyber and Specialty Insurance. This firm is well-known for its robust approach to risk management and innovative product offerings. The role is permanently based in their actuarial department and offers an excellent opportunity to advance your career in this vital sector.
Role & Responsibilities
- Develop pricing strategies and models for new and existing insurance products.
- Analyze statistical data and construct probability tables to forecast risk and liability for payment of future benefits.
- Collaborate with underwriters and product developers to integrate actuarial evaluations into innovative product offerings.
- Propose improvements to pricing methodologies to ensure competitive commercial positioning and profitability of specialty product lines.
- Communicate complex actuarial issues and analyses to non-specialist stakeholders.
- Work closely with the Reinsurance team to customize pricing solutions in line with overall risk strategies.
Key Skills
- Profound knowledge in Reinsurance Pricing & Product Development.
- Strong analytical and problem-solving capabilities.
- Expertise in statistical analysis software and tools related to the insurance industry.
- Excellent communication and interpersonal skills to effectively convey complex concepts to a variety of audiences.
- Proven record in developing pricing strategies and product innovation in the insurance sector.
- Ability to work collaboratively in a dynamic team environment.
